TADS - Tuition Aid Data Services
Why an outside service? Why TADS? Tads Explained Contact TADS
Why TADS? - unique services - technically superior - clear results

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.

 
 Customer Quote:
"I very much appreciate all the assistance you and your team have given to us this year"

 — Monica Woelkers

 Random FAQ:
What information do you collect from the parents?

If you request Comprehensive or Documented services, we collect the most recent tax returns including any corporate and business returns, W-2’s for all jobs worked from all heads of household, most recent paycheck stubs from heads of household, and all other supporting income. If you select Undocumented or Economical service, we do not request supporting documentation from the parents, unless you request it specifically.

More FAQs

 Did You Know...
TADS can customize your formula to meet your needs.


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800 Washington Ave N Suite 671 Minneapolis, MN 55401
        p: 612.238.3554   f: 612.548.3326   tf: 800.477.8237
       © 2008 Auncor, Inc., d/b/a TADS