Diocese of Bridgeport Names FACTS Management as Sole Provider of Tuition Management and Financial Aid Assessment Services

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FACTS to provide support to all Diocesan elementary schools and families.

The Diocese of Bridgeport recently announced that FACTS Management will be the sole tuition management and financial aid assessment provider for their elementary schools. As a supporter of Catholic schools for 29 years, FACTS Management is dedicated to serving more than one million families and over 7,000 schools, assisting in their financial stability and the overall affordability of private and faith-based education nationwide. In partnership with the Diocese of Bridgeport, FACTS Management will help make educational dreams possible for many Catholic families in the area.

“FACTS Management has been a strong and dedicated partner for Catholic Schools for many years,” stated Sister Mary Grace Walsh, ASCJ, Ph.D., and Superintendent of Schools. “And now, with their tuition management and financial aid assessment services on one integrated platform, FACTS is creating efficiencies and making things easier for both our families and our administrators.”

Jim Owens, FACTS Management executive vice president and national sales manager, expressed his confidence with the partnership stating, “We’re honored to serve the Diocese of Bridgeport elementary schools. With our user-friendly system and around-the-clock support, we’re here to provide best-in-class financial management efficiencies for their schools and families.”

The benefits of choosing FACTS include flexible payment options for families, a mobile payment solution, and 24/7 live-agent assistance for truly comprehensive support. FACTS also adheres to the most stringent security standards for payment processing by being PCI DSS Level 1 validated, SSAE 16 audited and Red Flags ready.

Schools can expect high-end technology, with customized reporting and an institutional dashboard for real-time, at a glance reporting on key financial metrics. The FACTS financial aid assessment system is not only intuitive, but customizable for institutions. Administrators are able to create user-defined reports, generate award notifications, apply awards directly to family payment plans, and rest easy knowing family financial information is safe and secure.

In addition to the partnership with the Diocese of Bridgeport, FACTS Management was recently named the preferred provider for the Florida Catholic Province, which includes seven dioceses (Miami, Orlando, Palm Beach, Pensacola/Tallahassee, St. Augustine, St. Petersburg, and Venice); the Diocese of Charleston; the Diocese of Savannah; the Diocese of Albany; and the Diocese of Toledo. FACTS Management’s tuition management and financial aid assessment services are preferred by more dioceses and Catholic schools than any other service in the industry.

About FACTS Management Company
FACTS a Nelnet company (NYSE: NNI), is located in Lincoln, Neb., and is committed to making educational dreams possible for families and students, as well as enhancing the financial stability and affordability of educational institutions. FACTS serves more than one million families at over 7,000 schools, and manages $7.1 billion in tuition funds annually. FACTS offers a comprehensive suite of services including tuition management, payment administration and processing, financial needs assessment, online application and enrollment, and RenWeb student administration software.

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Ben Kiser
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