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The TADS process for evaluation is unique:
Customize —
- allow each financial aid administrator to customize the financial
need formula to reflect the philosophy and requirements of the
school.
Help —
- provide local instructions for parents. A toll-free help line
is available free of charge.
Follow Up —
- manage parental contact to complete the process
- ask for support documentation, such as W-2s, tax forms, etc.
from each applicant and compare the information on the documentation
with information on the application form.
Evaluate —
- review family corporate and partnership tax returns.
- consider the quality of the information on each application
and identify items that seem problematic so that it is easy for
the financial aid administrator to do additional research on the
application
- read all letters from an applicant family and consider special
family circumstances such as a new dependant, death, medical circumstances,
unusually high debt or a recent lay-off in determining ability
to pay.
Calculate —
- calculate the anticipated current year income, rather than simply
using the previous year's income since over 20% of applicants
have substantial changes of income from one year to the next.
- prorate the Household Contribution to Education to each student
according to the student's tuition, usually saving the financial
aid administrator substantial time.
Report —
- offer Parental Reports to families during the process to allow
review of data submitted.
- provide both summary and detail parental financial information
to administrators.
- can furnish electronic reports via our online administrator
services, email or direct download, substantially reducing the
turnaround time of processing applications.
Archive —
- make an electronic image of the application form and documentation
which is available to the financial aid administrator for archives.
We also can help you allocate your available tuition aid to all
of your students by recalculating according to your budget.
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| Customer Quote: |
"TADS is efficient and accurate, and most of all, our friendly and helpful account rep actually returns phone calls and emails in a timely manner! In this world of voice mail 'hell', this is a real treat!"
— Dana Lee
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| Random FAQ: |
How can I check the status on who has applied to our school?
TADS has web access for administrators which will allow you to log in and check the status of applicants as well as view their reports. You may also call our Customer Service department Monday – Friday 8:00 a.m. – 6:00 p.m. central time for assistance.
More FAQs |
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| Did You Know... |
| you set the deadlines for parents and reports and we will meet those deadlines. |
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