Each FACTS application provides the school with a thorough analysis of a family’s financial resources, including income, assets and expenses. This helps the Tuition Assistance Committee to fairly and equitably distribute awards. All personal information is held in the strictest of confidence.
The application is completed entirely online at https://online.factsmgt.com/Aid.
In order to make the process easier, families will use the preceding year’s completed Federal Income Tax Form 1040. Once the new year’s forms come available, families must submit the current year’s W2 and 1099 forms. This is so we may substantiate that earnings have remained consistent with the preceding year’s income. All tuition assistance awarded is contingent upon the timely receipt of this information and is subject to change based on any new information.
Tuition assistance applications can be found at https://online.factsmgt.com/Aid. There is a fee of $35 charged by FACTS. This resource for completing the application process may be helpful and is recommended.
We encourage all families to apply early for tuition assistance. Current families receive priority and new applications are prioritized in the order in which they are received. Almost a quarter of our students receive some form of tuition assistance; however, the demand for tuition assistance often exceeds the funds available.
Applications for tuition assistance must be renewed annually. The deadline for 2021-22 applications is December 18, 2020, at which point applications must be complete (including all tax forms, documents and schedules). Current school families receive priority in the tuition assistance process. However, those families must strictly adhere to the deadline or their application will be placed in the general pool.
In addition to tuition assistance, we offer several payment plans to accommodate and assist our families in budgeting and planning.
If at any point during the process you have questions or need assistance, please contact the Admissions Office at Frankford Friends School at 215-533-5368 ext. 123 or via email at email@example.com.
Go to FACTS Grant & Aid Assessment (FACTs) to complete and submit the application.
Upload copies of your 2019 Federal Income Tax Form 1040, all accompanying schedules, 1099 and W2 forms. Submit your 2020 W2 and 1099 as they become available.
FACTS Grant & Aid applicants will be notified of any tuition assistance awarded only after all required documentation has been received. For returning students, tuition assistance award letters will accompany re-enrollment contracts. Newly admitted students will receive tuition assistance award letters when a student is offered admission to Frankford Friends School.
If you have questions or need assistance at any time during the process, you may speak with a FACTS Customer Care Representative at 866-441-4637.