# Is FACTS Financial Aid Management worth it for small private schools?

<p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">For the small private school folks on G2 who review this software: is<a class="a a--md" elv="true" href="https://www.g2.com/products/facts-financial-aid-management/reviews"> </a><a class="a a--md" elv="true" href="https://www.g2.com/products/facts-financial-aid-management/reviews"><strong>FACTS Financial Aid Management</strong></a> worth it when your whole aid pool is maybe 40 families?</p><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">Here's my read of it in the<a class="a a--md" elv="true" href="https://www.g2.com/categories/financial-aid-software"> </a><a class="a a--md" elv="true" href="https://www.g2.com/categories/financial-aid-software">financial aid software</a> category on G2. You get verified IRS tax documents instead of chasing paper, a customizable awarding formula, and awards that flow straight into FACTS tuition billing. FACTS even reviews the documents and hands you a recommendation, while the final call stays with the school.</p><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">The small-school questions I can't answer from vendor pages:</p><ul>
<li>Families often pay an application fee, shown when they apply. Does that fee scare off the families a small school most wants to help?</li>
<li>It makes most sense bundled with FACTS tuition and SIS. Still worth it if you only want the aid piece?</li>
<li>Supporting docs take about 2 weeks to process. Fine in November, painful in a March enrollment crunch?</li>
</ul><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true">If you run aid at a school under a few hundred students or have reviewed this software for that segment: is it worth it, or overkill? And does the answer change if you're not already a FACTS school solution?</p><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true"></p><p class="elv-tracking-normal elv-text-default elv-font-figtree elv-text-base elv-leading-base elv-font-normal" elv="true"></p>

##### Post Metadata
- Posted at: 9 days ago
- Author title: Tech Consultant
- Net upvotes: 1


## Comments
### Comment 1

The application fee question is the one I&#39;d push on hardest at a school with 40 aid families. If the fee discourages applications from exactly the families the school most wants to help, the efficiency gains from IRS transcript automation may not be worth the enrollment signal you&#39;re sending at the door.

##### Comment Metadata
- Posted at: 4 days ago
- Author title: Writer





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