T U I T I O N A S S I S T A N C E
Facts Grant & Aid Assessment
What to Expect
FACTS works with schools across the country to help evaluate family financial need, allowing schools to award aid with confidence.
Families requesting a tuition assistance grant must complete the Facts Grant and Aid Assessment.
Parental divorce, separation, and/or re-marriage are factors in the determination of financial aid eligibility. The assets of both parents are considered in the financial aid process. Therefore, each parent (and his/her current spouse) must complete a separate financial aid application. It is the responsibility of one parent to encourage the other parent to complete the financial aid forms. The information is kept in the strictest confidence. In cases of divorce, separation, or never-married parents, one parent’s information is never revealed to the other. If either parent fails to complete the financial aid application, the student’s eligibility for financial aid may be jeopardized.
The Financial Aid Committee must consider each family’s ability to pay, and the availability of The Ellison School’s financial aid funds. As a result, it is possible that not every student who is offered admission and who demonstrates financial need will receive a financial aid grant.
The earlier a family applies, the better the chance that funds will be available.
Applications for Tuition Assistance Grants are considered after a family has been accepted for enrollment.
An application for or an award of a Tuition Assistance Grant in no way affects an applicant’s opportunity to be admitted to the School in current or future school years.
All Tuition Assistance Grant decisions are made based on financial need without regard to a student’s race, color, religion, ethnicity, or national origin.
Final decisions for Tuition Assistance Grants are made by the School administration. Students who consistently remain in good academic standing and who have proven to be of good character, work ethic, and citizenship will be considered first.
T U I T I O N A S S I S T A N C E F A Q s
FACTS Grant & Aid Assessment is an independent, third party company that conducts financial analysis to determine your family’s financial need. Your educational institution receives a confidential report outlining your financial situation based on the information obtained in your application and supporting tax documents.
The educational institution granting aid is solely responsible for determining the final grant or aid award. The analysis completed by FACTS Grant & Aid Assessment serves as a recommendation only.
FACTS Grant & Aid Assessment does not set any income guidelines or have restrictions on who may apply for financial aid. If you feel your family should receive financial aid, it is to your benefit to apply.
No, it is not too late to apply for tuition assistance.
You will need to submit your federal income tax return, W-2 forms, and supporting documentation for non-taxable income.
In order to provide your educational institution with an accurate assessment, FACTS Grant & Aid Assessment must verify your expenses and household income. By providing us with all of your information, we can assist your institution in making an informed decision about the amount of financial aid needed for each family.
No. FACTS does not require a credit check and applying for aid will not affect your credit rating.
Yes. All documentation received is imaged upon receipt and then destroyed. Then, the application data becomes property of the applicable institution.
You may login to your FACTS user account at online.factsmgt.com/aid to review the status of your application. Please allow 2 weeks processing time from the date you provided the supporting documents before inquiring further about receipt and/or status of the uploaded or faxed documents.
No. The assessment of your application will be sent only to the educational institution or organization providing the award. Information sent to FACTS Grant & Aid Assessment to complete your assessment, such as your 1040 tax form or W-2, will not be returned to you.
To retrieve your username or password, visit this link. If you’ve forgotten your username, it will be sent to the email address associated with your account. If you’ve forgotten your password, a link will be emailed to the email address associated with your account that allows you to reset your password.
There is a $35 fee for the Grant and Aid Assessment payable directly to Facts Mgmt at the time of submission.
After completing the online application, you will need to upload or fax all required supporting documentation. Documents can be uploaded online by logging in to your account at online.factsmgt.com/aid or faxed to 866.315.9264. If faxing, we suggest you include a cover sheet with your application number.
Award decisions are made by the institution, not FACTS. Once an award decision is made, the institution will notify you.