FACTS Tuition Management

FACTS Tuition Management software allows schools to make data-driven decisions when awarding financial aid by performing a need-based analysis. It streamlines the enrollment process by collecting required tax and financial data automatically, reducing administrative load and ensuring that aid is credited directly to tuition accounts.

FACTS Tuition Management software allows schools to make data-driven decisions when awarding financial aid by performing a need-based analysis. It streamlines the enrollment process by automatically collecting required tax and financial data, reducing administrative burden and ensuring aid is credited directly to tuition accounts.

The system enables users to create and deploy online forms for event registrations, field trip permissions, and apparel ordering in minutes. It collects both necessary information and payments while minimizing security risks by eliminating cash and paper forms.

FACTS Tuition Management features an incidental billing and prepay accounts module to provide the necessary tools to bill families for charges that fall outside of the regular tuition costs, such as athletics, childcare, meals, or technology fees. It supports batch processing for group charges and allows families the convenient option to prepay for upcoming expenses.

The system serves as an accounts receivable subsidiary ledger, which is vital to improving administrative efficiency in day-to-day accounting processes. It centralizes all charges, credits, and payments to simplify the annual audit preparation and virtually eliminate time-consuming duplicate data entry.