Financial Aid Information

We are committed to making the educational experience at all Lakeway Christian Schools affordable and accessible.

We use FACTS Grant & Aid as our financial aid program. We encourage families who feel they need financial assistance to submit their financial information through the FACTS Grant & Aid application process. FACTS will independently review and analyze your financial situation and provide a recommended award to the LCS Financial Aid Committee. Once an award is accepted by the Financial Aid Committee, you will be notified and exact tuition payments will be calculated.

Facts grant & Aid Application

*Lakeway Christian School's Financial Assistance program is not available to Pre-K students.

Who is FACTS Grant & Aid Assessment?

FACTS Grant & Aid Assessment is an independent, third party company that conducts financial analysis to determine your family’s financial need. Your educational institution receives a confidential report outlining your financial situation based on the information obtained in your application and supporting tax documents.

Who is eligible for FACTS Grant & Aid?

All families at Lakeway Christian Schools with students in grades K-12 are eligible to apply for financial assistance. Awards are given out based on financial need according to the FACTS Grant & Aid application. PreK families are not eligible for financial assistance.

How much does it cost to apply?

Nothing! Lakeway Christian Schools has covered the cost of your application

Who decides how much financial aid a family will receive?

The educational institution granting aid is solely responsible for determining the final grant or aid award. The analysis completed by FACTS Grant & Aid Assessment serves as a recommendation only.

I probably don't qualify. Should I apply for aid anyway?

FACTS Grant & Aid Assessment does not set any income guidelines or have restrictions on who may apply for financial aid. If you feel your family should receive financial aid, it is to your benefit to apply.

Is it too late to apply for financial aid?

No! Now is the perfect time to complete the online application and see if your family qualifies for Grant & Aid for the 2022-2023 academic year. The application for the 2023-2024 academic year will open on January 8.

What documentation will I need to submit?

You will need to submit your federal income tax return, W-2 forms, and supporting documentation for non-taxable income.

Why do I have to provide personal and confidential information?

In order to provide your educational institution with an accurate assessment, FACTS Grant & Aid Assessment must verify your expenses and household income. By providing us with all of your information, we can assist your institution in making an informed decision about the amount of financial aid needed for each family.

Is a credit check required?

No. FACTS does not require a credit check and applying for aid will not affect your credit rating.

Is the application process secure?

Yes. All documentation received is imaged upon receipt and then destroyed. Then, the application data becomes property of the applicable institution.

How can I check the status of my application?

You may login to your FACTS user account at online.factsmgt.com/aid to review the status of your application. Please allow 2 weeks processing time from the date you provided the supporting documents before inquiring further about receipt and/or status of the uploaded documents.

Can I make changes to my application after I submit it?

Yes. You can add additional schools and make corrections to the application form by logging into online.factsmgt.com/aid and clicking on View Form.

If you make substantive changes to your application after you submit it, we recommend contacting the school or institution making award decisions to notify them of the changes.

Will FACTS Grant & Aid send a copy of my assessment?

No. The assessment of your application will be sent only to the educational institution or organization providing the award. Information sent to FACTS Grant & Aid Assessment to complete your assessment, such as your 1040 tax form or W-2, will not be returned to you.

I forgot my username or password. How do I log in?

To retrieve your username or password, visit this link. If you’ve forgotten your username, it will be sent to the email address associated with your account. If you’ve forgotten your password, a link will be emailed to the email address associated with your account that allows you to reset your password.

How do I submit supporting documents?

After completing the online application, you will need to upload all required supporting documentation. Documents can be uploaded online by logging in to your account at online.factsmgt.com/aid.

How do I find out if I've been awarded financial aid?

Lakeway Christian Schools will notify you when an award decision has been made.

Additional suggestions to ensure timely processing of your assessment:

First, complete your assessment as accurately as possible. The responses submitted on your application let FACTS know what supporting documents to expect and if errors are discovered later, the process can be unnecessarily extended.
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Also, if you own a business or have income from any activity other than a W-2, carefully review the documentation requirements listed here and submit all documentation as soon as possible after you complete your application form. Document batches have an estimated processing time of 2 weeks, and submitting multiple batches of documents on different dates can extend the time needed to process your documents.

Do I need to apply for FACTS Grant & Aid every year?

Yes! We cannot guarantee your FACTS Grant & Aid award from year to year. Since financial situations may change, all families must reapply each year to find out their award.