TADS serves dioceses, foundations and state tax-funded organizations with efficient, flexible, and easy to use financial aid and fund allocation tools.
TADS is committed to providing unique, industry leading tools for fund allocation. Our programs typically allocate funds in one of two ways: Need Based or Ranking. The first step in any program is to have the families complete financial aid applications with a common deadline for fund eligibility. TADS then gives fund personnel access – with unique download capabilities – to each school’s financial details, with a summary of the total calculated fund need.
TADS calculates the total student need with precise per-school detail. Each school is allocated its portion of the total fund based on its specific needs. TADS works with each school using the TADS Grant Management Program to allocate those dollars to the families who require it most. The result is that every child is treated on an equal-needs basis.
Entities with much greater need than funds available tend to use TADS Ranking system. In short, they determine how much aid they wish to award each student. TADS unique programs determine which students require aid the most and allocate aid until they reach the fund total. TADS fund personnel inform the families or schools of the intended award. School personnel then use those funds to supplement aid to their students.
Whether your fund uses a Need Based or Ranking format, the result is a defendable fund allocation tool, which is fair to both families and schools. It also meets donor requirements for fair use of financial aid.
— Awarding entities can log in and verify student attendance quarterly, annually, or any time period
— Ensure that the student is enrolled before dispersing monies to the awarding entity
Real-Time Data Access
— Both awarding entities and scholarship organizations have access to customized reporting
Customized Award Notification
— We customize award notification templates for you and the system manages award notification
Award Budget Management
— Manage your overall and individual award budgets, ensuring accurate tracking and proper allocation, even with hundreds of funding sources and thousands of applicants
TADS Foundation Management is used throughout the nation at large and small organizations. Here are a few we are currently servicing:
Please contact us for references.
More information about fund allocation can be found on our TADS Grant Management page.