Take the Guesswork Out of Granting Tuition Aid
Families who are unhealthy in their finances will likely leave your school within just a few short years or being accepted. This is why we are committed to financial wellness education as an integral part of our tuition aid verification program. We want your Christian school families to have the financial stability to manage tuition payments all the way to graduation. DOWNLOAD OUR CFS FACT SHEET.
How Our Program Works
We manage the tuition aid application process for your school providing you up-to-date, and on-time assessment of family financial needs. Our 8+ step verification process helps this to happen and assures you of accuracy of need. Here's how it works:
Your school signs up by calling us at 303.339.0050. Typically, within one-two days you will have received your login credentials giving access to your school administrative portal where you will oversee the process of each tuition aid applicant.
Our online manual and simple 30 minute online overview will have you up and running with ease. Our customer service team is always here to help you free of charge. We will provide you all the information you need to share with your parents so they are aware of the program and what they need to do to apply.
Parents will access their portal login through a direct link you provide or place on your website, create an account in our system, pay the appropriate fee, and begin filling out our application and income verification worksheets (as applicable). Applications may also be downloaded, printed and submitted via email or snail mail. We ask to see pay stubs and tax returns and letters of explanation for special circumstances, for explanations of assets that appear extravagant, and ask parents how they will pay the rest of their tuition bill should they receive aid.
You make a tuition aid award determination! Our verified report will tell you how much a family can afford to pay toward tuition. We call this the FACT Report (Family Anticipated Contribution Total). If family circumstances change throughout the year, you can ask us to correct figures and generate a new report. Take the guesswork out of awarding tuition aid.
CFS honors the value of the personal relationship you have with your parents. That is why we ask the difficult questions. Meanwhile, parents feel safe providing their personal and financial information to CFS. Their data is secure and confidential (their information is not shared elsewhere), providing a rich user experience for your Christian school and your families.
One of our aims is to help Christian school families have the financial stability to manage tuition payments all the way to graduation. Our comprehensive FACT Reports will give you valuable insight to the overall financial health of an applicant family, allowing you to better serve them, provide financial training resources for them, and to guide them biblically to financial freedom. Here are sample sections from a FACT Report:
One of our aims is to help Christian school families have the financial stability to manage tuition payments all the way to graduation. Our comprehensive FACT Reports will give you valuable insight to the overall financial health of an applicant family, allowing you to better serve them, provide financial training resources for them, and to guide them biblically to financial freedom. Here are sample sections from a FACT Report:
Sample FACT Amount
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Financial Condition Indicator
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Overall Financial Condition Rating
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COPE Score & TTM Willingness to Change
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FWB 2.0 Assignment (only for those on this plan)
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Program Details & Cost
Our Standard Option provides your school a comprehensive view of the ability of a family to make tuition payments. Because you are using a third-party vendor (CFS) to verify ability to pay, you are able to more accurately offer awards in an unbiased manner, keeping your program legal and proper. See our article, Is Your Tuition Assistance Program Legal to understand all of the ramifications before you choose to try this yourself.
Annual Fee for School: $40
Parent Application Fee: $35 (beginning January 2019)
- Complete customer care all year long. Our support is personalized to your needs.
- Verification of 8+ areas to account for lines of income and resources available.
- 3-5 day turn around on verification (once all requested documents have been received from the family).
- Parents may contact us with questions if you are unable to help them.
- No charge for changes to applications after they have been submitted.
- While predominantly online, we allow for paper applications and documents.
Annual Fee for School: $40
Parent Application Fee: $35 (beginning January 2019)
“CFS tuition aid verification is real quick, real-time, and real-accurate; and they focus on our families’ financial well-being.” Harbor Light Christian School | Michigan
* The following stats are based on a 7 year study of CFS applicants
Debt to income ratio of the average tuition aid applicant
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Applicants without the financial stability to make tuition payments all the way to graduation (even with the help of tuition aid) Another 26% can manage, but with difficulty.
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Applicants who discovered ways to improve their financial condition
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Applicants who are single parents
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We exist to consistently provide Christian schools with verified quantitative and qualitative financial aid assessments, in combination with the knowledge and tools necessary to strengthen families through financial literacy and wellness, and biblical accountability.
