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CFA is a confidential financial analysis of individual family's ability to pay tuition. Client schools are enabled to accurately & effectually award tuition aid. ![]()
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DIY - do it yourself About half the schools that give out tuition aid do their program in-house. There are a lot of good reasons for in-house processing. Most of the concerns a DIY school may have can be overcome. The benefits of outsourcing tuition aid evaluation far outweigh the concerns. Control The key to control isn't necessarily keeping the whole process in-house. Rather, the keys to control are 1) Having the ability to make exceptions for families who fall outside normal formulas. 2) Being completely in charge of determining how much each family receives. 3) Having consistent, accurate and reliable information on each family. With CFA you have control over all these factors. Comfortable with your current system Most schools have found the transition to a "new" system pretty painless because we're ready to step you through any changes and explain the entire process to you. Cost If you are concerned about adding to an already-tight budget, you've come to the right place. The school's annual fee: $35 ($75 1st year). No charge for up to 100 applications. But that's not the real savings. That comes when you give each family an aid award that accurately fits their need, rather than over-awarding some and under-awarding others. The result? The most efficacious use of your limited tuition aid funds. You're too small You may think you don't have enough families in need to make it worth the trouble for the third-party service. We have schools that process just a handful of applications every year. They are just as welcomed and receive just as much personal attention as schools that process hundreds of applications. No school is too small. The biggest benefits for you Consistency. Our formulas provide a consistent and accurate analysis of each family's ability to pay. Simplicity. Worksheets and uncomplicated forms make the application easy to complete, whether on paper or online. Professionalism. Parents don't worry about who will see their information. Distancing yourself from the process makes you more professional, less vulnerable. Speed. Online reports are available as soon as the application is completed. Paper applications are processed within three working days - no priority handling charge. Reliability. Optionally a school can choose to have CFA personnel verify the family's income and expense information. (Parents pay a little extra for this service.) |
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