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· What is the biblical basis for the decision to use FACTS?
Scripture instructs us to be faithful in stewardship and in the way in which we handle our finances. FACTS helps us to do this by reducing our overhead costs.
· What are my options for payment methods?
There are two options for payment:
1. Automatic bank draft (ACH) - ACH payments are those payments you have authorized FACTS to process directly from your financial institution electronically. It is simply a bank-to-bank transfer of funds that you have preapproved for your PCA expenses. Payments may be made from either your checking or savings account.
2. Credit Card - Paying with your credit card gives you the option of taking advantage of various bonus programs offered by your credit card company. Your monthly payment will be automatically charged to the credit card you designate.
· Is the FACTS enrollment fee a monthly fee? Is the fee the same for all plans?
The FACTS enrollment fee is an annual fee of $46 for the monthly payment plan and $20 for the annual and semi-annual payment plans. This fee is per family, not per student.
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