FACTS

Overview

FACTS is the K-12 brand of Nelnet, the Lincoln, Nebraska-based student loan servicing and education technology group. Nelnet’s 2025 annual report says it uses the FACTS brand in the private and faith-based school market and that FACTS provides services to nearly 12,000 K-12 schools^[9]. The FACTS website gives 12,000+ schools, more than 2 million families and more than 40 years in business^[10].

The product set combines financial management (tuition payment plans, financial aid management, advanced accounting, incidental billing and payment forms) with education technology, including FACTS SIS, a family app, parent alerts, application and enrolment tools, website services and learning management^[9]. Nelnet describes FACTS SIS as automating the flow of information between administrators, teachers and parents and covering scheduling, cafeteria management, attendance and gradebook management^[9]. The company now packages these as intelligence suites (Admissions, Engagement, Financial and Success) on a data layer called FACTS IQ, and it sells versions for schools in Australia and New Zealand^[10].

FACTS earns revenue from tuition plan fees charged to schools or families, so the economics differ from a pure software subscription^[9]. The SIS is less suited to public districts, which need state reporting rather than tuition management.

FACTS features

• FACTS SIS with scheduling, attendance and gradebook
• Tuition payment plans and incidental billing
• Financial aid management
• Family App and Parent Alert
• Application and enrolment tools

FACTS pricing

Quote-based. Nelnet reports that tuition payment plan fees are collected from either the institution or the payer.

FACTS strengths and limitations

Appears in

• Best School Management Software in 2026 #5

FACTS alternatives and competitors

Alternatives to FACTS: companies ranked in the same lists.

• PowerSchool
• Infinite Campus
• Skyward
• Blackbaud
• Veracross
• Arbor
• Bromcom
• iSAMS
• Aeries
• AAlma
• Gradelink
• CClasse365