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FACTS Introduces FACTS Compass™, a Scholarship Administration Platform for the Federal Scholarship Tax Credit

PR Newswire•15/10/2026•16:30 ET
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Key Highlights

  • ➤FACTS introduced FACTS Compass for Federal Scholarship Tax Credit administration.
  • ➤Initial release enables Scholarship Granting Organizations to raise funds and enroll families.
  • ➤Additional FACTS Compass features are planned for 2027.
  • ➤FACTS currently supports more than 120 Scholarship Granting Organizations and group programs.
  • ➤FACTS serves nearly 12,000 K-12 schools with education technology and financial management tools.

Expert Statements

Jonell Sanchez, Managing director of product for FACTS Compass

“We're building FACTS Compass alongside SGOs that will rely on it every day, and we're delivering it in step with the FSTC program.”

Jonell Sanchez, Managing director of product for FACTS Compass

“The first release gives organizations what they need to begin raising funds and enrolling families, and 2027 will complete the picture.”

Jonell Sanchez, Managing director of product for FACTS Compass

“We're excited about what FACTS Compass will make possible for SGOs and the students, families, and schools they serve.”

Matt Richardson, Director of FACTS Compass

“We've spent a decade helping schools navigate the compliance side of state scholarship programs, and that work continues.”

Matt Richardson, Director of FACTS Compass

“With the FSTC, we're bringing that experience to SGOs preparing to administer a new federal scholarship program.”

Matt Richardson, Director of FACTS Compass

“Beyond technology, FACTS can serve as an implementation partner and educational resource, helping communities understand the program, meet compliance requirements, and build the operations needed to serve students from day one.”

Scott Spethman, President of FACTS

“We serve nearly 12,000 K-12 schools with education technology and financial management tools trusted by administrators, educators, and families.”

Scott Spethman, President of FACTS

“We understand both the operational demands of the FSTC and its changing regulatory environment.”

Scott Spethman, President of FACTS

“We're developing FACTS Compass to reduce the administrative burden on SGOs so they can focus on delivering scholarship funds to students who need them.”

FACTS Introduces FACTS Compass™, a Scholarship Administration Platform for the Federal Scholarship Tax Credit PR Newswire

New Platform Helps Scholarship Granting Organizations Support Students Across Public and Private Schools

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