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How does FactS Management work? A2: FactS Management works by partnering with educational institutions to simplify their tuition payment procedures. Through their comprehensive online platform, schools can automate billing, payment collection, and financial reporting processes. Families can easily access their accounts, make payments, set up payment plans, and view payment histories online, bringing convenience and efficiency to the tuition management process.
How does FactS Management support schools in providing financial aid programs? A6: FactS Management assists schools in administering financial aid programs through their robust platform. Schools can easily collect and process financial aid applications, determine eligibility, and distribute awards based on their established criteria. This efficient process ensures that schools can efficiently manage their financial aid programs, making education accessible to a wider range of students.
How can schools get started with FactS Management? A10: To get started with FactS Management, schools can reach out to their sales team via the contact information available on the FactS Management website. A representative will guide the school through the implementation process, including system setup, training, and integration. FactS Management ensures a smooth transition to their platform, allowing schools to begin streamlining their tuition management operations promptly.
What benefits does FactS Management offer to schools? A3: FactS Management offers numerous benefits to schools, including improved cash flow, reduced administrative burdens, increased financial transparency, and enhanced parent satisfaction. By outsourcing tuition management to FactS, schools can focus on their core educational mission and rely on the expertise of a trusted company to handle all aspects of the payment process accurately and securely.
How does FactS Management handle customer support? A9: FactS Management is committed to providing exceptional customer support. They offer dedicated support representatives who are readily available via phone, email, or chat to assist schools and families with any inquiries or technical issues they may have. Their knowledgeable staff ensures prompt and satisfactory resolutions, further enhancing the overall experience of using FactS Management's services.
What is FactS Management? A1: FactS Management is a leading provider of tuition management and payment processing solutions for schools in the United States. With over three decades of experience, FactS Management helps educational institutions streamline their financial operations, ensuring the smooth flow of tuition payments while providing families with online payment options and convenient payment plans.
How does FactS Management ensure the security and privacy of financial data? A4: FactS Management prioritizes the security and privacy of financial data by utilizing the latest encryption technologies, advanced firewalls, and secure servers. They comply with rigorous industry standards, such as PCI DSS, to ensure data protection. Additionally, FactS employs strict internal policies and conducts regular audits to safeguard sensitive information, providing schools and families with peace of mind.
Is FactS Management only suitable for large educational institutions? A8: No, FactS Management caters to institutions of all sizes, from small private schools to large public school districts. They provide scalable solutions that can be tailored to meet the unique needs of any school, ensuring that both smaller and larger institutions can benefit from their comprehensive tuition management services.
What are the key features of FactS Management's tuition management platform? A5: FactS Management's tuition management platform boasts a range of features, including online payment processing, flexible payment plans, automated invoice generation, comprehensive reporting, and dedicated customer support. The platform can be fully customized to meet each school's specific needs, offering seamless integration with existing systems and providing a user-friendly interface for both schools and families.
Can FactS Management integrate with existing school management systems? A7: Yes, FactS Management can seamlessly integrate with existing school management systems, reducing the need for duplicate data entry and streamlining internal processes. The platform offers various integration options, including student information system (SIS) integration, electronic data interchange (EDI), and custom application programming interfaces (APIs), ensuring a smooth flow of information between systems.
Popular Questions
Is facts the same as RenWeb? FACTS Student Information System (formerly RenWeb) is a Student Information System that handles admissions, student information, billing, report cards, grading, attendance, and parent access, among others. FACTS is a property of Nelnet Business Solutions.
How do I access RenWeb? Click Create Account Enter the email address that you used for yourself (the parent) during online registration. Enter the FT-MO as the district code. Check your email for a message with a link to set up your own username and password. Log in to RenWeb every day to check on your student's progress.
What is RenWeb used for? RenWeb's ParentsWeb is a private and secure parents' portal that will allow parents to view academic information specific to their children, while protecting their children's information from others. You can see your child's grades, attendance, homework and conduct, as well as other useful school information.
How much does the RenWeb app cost? RenWeb Home provides always-logged-in instant access to ParentsWeb information along with the conveniences of a Smartphone App for an annual subscription of $4.99 per household.
How do I set up a Facts account? On the welcome page click the appropriate option: 'Create a username & password' or 'Sign in'. Enter your demographic information (name, address, phone number, email). Create a user name, password, and select security questions. You are now logged in to your FACTS Account.
How do I add a school to my facts account? You can add additional schools and make corrections to the application form by logging into online.factsmgt.com/aid and clicking on View Form. If you make substantive changes to your application after you submit it, we recommend contacting the school or institution making award decisions to notify them of the changes.
How do I change my payment date on facts? If you want to discuss changing the payment date or payment amount, you must contact the GFS Business Office at 267.323. 3302. All changes must be received by the GFS Business Office or FACTS at least three (3) business days prior to the automatic payment date in order to affect the upcoming payment.
Can I pay facts with a credit card? Payment methods include ACH, checks and debit/credit cards. Families can also pay online, over the phone, by mail, or with auto-debit. Manage account from any device. Payment reminders available.
How do you contact facts? We still do not accept credit cards for tuition payments to the school. You may also contact FACTS Customer Care directly at 1-866-441-4637 24 hours a day, 7 days a week.
How do I stop paying facts? How do I cancel my agreement? You may request to terminate your agreement by contacting your institution directly. Please be aware, terminating your payment plan may not necessarily cancel charges or fees due to the institution.
Does facts financial aid check your bank account? Students selected for verification of their FAFSA form may wonder, “Does FAFSA check your bank accounts?” FAFSA does not directly view the student's or parent's bank accounts.
How does facts verify income? FACTS Grant and Aid uses verified income from the Federal Form 1040 and W-2 Wage and Tax Statements to determine verified income. Non-taxable forms of income as well as assets are also taken into consideration.