1. [Home](https://www.g2.com/) 2. ... 3. [Financial Aid Software](https://www.g2.com/categories/financial-aid-software) 4. [FACTS Financial Aid Management Discussions](https://www.g2.com/products/facts-financial-aid-management/discuss) [ ![Product Avatar Image](https://images.g2crowd.com/uploads/product/image/large_detail/large_detail_4e587887929d8c7bea0c603ccb9e0ddb/facts-grant-aid-assessment.png "Product Avatar Image") ![Reward for good FACTS Financial Aid Management reviews](https://images.g2crowd.com/uploads/report_medal_translation/image/38891/medal.svg "Reward for good FACTS Financial Aid Management reviews") ](/products/facts-financial-aid-management/reviews) [ FACTS Financial Aid Management ](/products/facts-financial-aid-management/reviews) (39)4.5/5 FACTS Financial Aid Management is a financial aid software solution that helps K-12 private and Catholic schools collect family financial information, assess need, and award aid. School administrators, such as business office and admissions staff, use it to manage applications, analyze family finances, and track aid, while families use it to apply. FACTS, a Nelnet company, has served K-12 schools for over 35 years and supports more than 12,000 schools. Schools work with FACTS to build applications with conditional logic, so families see only relevant questions, and adjust the awarding formula for cost of living, expense allowances, assets, and family contribution. The financial review goes beyond the 1040 to include business documents such as K-1s, 1120s, and 1065s, which support the assessment of self-employed families. Key features include: -IRS integration to retrieve 1040s and W-2s directly -Application with school-specific questions and conditional logic, and Spanish translation -Automated awarding rules that narrow eligible students -Tracking of scholarships, school choice funds, and emergency aid in one system -Awards applied to FACTS Payment Plans, with enrollment status synced across FACTS products The software reduces manual document collection and gives schools a fuller view of each family’s finances for data-driven awarding decisions. Families complete one mobile-responsive application on any device, apply to one or multiple schools for a single fee per household, and receive status updates and award notifications by email or online. Benefits include: -One login for tuition, fees, and financial aid -Fewer scanned, mailed, or missing documents -Award notifications that automatically include details such as denial reason or monthly payment amount Show More * * * ### 66.0 Nps Score Already have FACTS Financial Aid Management? ### All FACTS Financial Aid Management Discussions Search Most CommentedMost HelpfulCommon QuestionsNewest All DiscussionsDiscussions with CommentsCommon QuestionsDiscussions without Comments FilterFilter Filter byExpand/Collapse Sort by Most Commented Most Helpful Common Questions Newest Filter by All Discussions Discussions with Comments Common Questions Discussions without Comments ![Pinned by G2 as a common question](/assets/transparent-ad5be28fbcd25b7b08d2cebe1d957125437fb5407d75ee717965ad22c8808791.gif "Pinned by G2 as a common question") G2 Pinned by G2 as a common question • about 3 years ago More Options - [ # What is FACTS Grant & Aid Assessment used for? ](/discussions/what-is-facts-grant-aid-assessment-used-for) What is FACTS Grant & Aid Assessment used for? 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