Edumagined vs FACTS / RenWeb
FACTS (Nelnet-owned since 2018, RenWeb folded under the FACTS brand) serves 11,500+ schools and 2M+ students — primarily small-to-mid private K-12, faith-based, parochial, ACSI/ISLA. FACTS Tuition Management is their core business: 2.85-3% on every tuition payment plus $50/year parent payment-plan fees. Where FACTS wins: family billing reliability, Grant & Aid financial-aid workflow, pragmatic SIS subscription pricing. Where Edumagined wins: eliminating the FACTS transaction fee model entirely, native auxiliary services, Hijri operations, and a Foundation tier that beats FACTS on price before counting transaction fees.
FACTS / RenWeb vs Edumagined — side-by-side
| Dimension | FACTS / RenWeb | Edumagined |
|---|---|---|
| Base subscription (300 students) | $5,000–$15,000 / year (SIS) | $15,500 / year (Academy) or $7,500 (Foundation) |
| Transaction fees on tuition | 2.85-3% on every payment + $50/family/yr | 0% |
| Financial-aid assessment | Best-in-class (Grant & Aid) | Partial; on roadmap |
| Auxiliary services native | Not provided | All native on one record |
| School networks / diocesan | Per-school | One platform serves the whole network |
| RTL / Arabic / Hijri | Not supported | First-class Hijri Engine |
| Implementation timeline | 6-10 weeks | 4-8 weeks |
| Owner | Nelnet (NYSE: NNI) | Independently owned |
Be honest about their strengths.
Financial aid assessment (Grant & Aid)
The most mature parent-income-verification workflow in K-12. Schools that rely heavily on need-based aid often keep Grant & Aid even after replacing FACTS's SIS.
Scale and reliability
11,500+ schools and 2M+ students processed annually. The billing infrastructure is battle-tested.
Parent-side familiarity
Many K-12 parents have already paid through FACTS for another school — lower friction at enrollment.
Catalog of partner integrations
Years of integration partnerships with point vendors, even though the data flow is often one-way.
Where Edumagined wins.
Zero family transaction fees
On a 300-student school at $15,000 average tuition, billing-vendor fees of 2.85-3% equal $128,000-$135,000 per year. Edumagined: $0. Stripe Connect routes payments directly family→school bank.
Auxiliary services — eliminate cost and add revenue
Transport, lunch, library, summer camp, enrichment, school store, front desk — schools using Facts buy 4-7 separate vendors that don't share data. Edumagined ships all of these as native apps on one family record. Two outcomes: (1) eliminate the vendor stack; (2) generate revenue when you operate these services in-house with school-set markup. Lunch, transport, camp, and the school store become revenue centers, not just cost lines.
Hijri-native data model
FACTS renders Hijri as a display option at best. Edumagined ships a platform-level Hijri Engine — term boundaries, Ramadan/Eid/Jummah modes, bilingual decision letters as first-class data-model concepts.
Built for school networks
A 25-school diocese on a per-school platform = 25 separate setups. Edumagined runs your whole network on one Operating System with per-school branding. Network tier pricing makes school-group rollups dramatically cheaper.
Independent — not PE-controlled
Most K-12 SaaS is private-equity-controlled with roadmaps that follow LP timelines. Edumagined is independently owned. The roadmap follows schools, not LPs.
The math you can show your CFO.
With FACTS / RenWeb
| Line item | Y1 | Y2 | Y3 |
|---|---|---|---|
| FACTS SIS subscription | $10,000 | $10,500 | $11,025 |
| FACTS Tuition Management transaction fees (~3% × $4.5M) | $135,000 | $141,750 | $148,838 |
| Parent payment-plan fees ($50 × ~250 families) | $12,500 | $13,125 | $13,781 |
| FACTS Grant & Aid (financial aid) | $3,500 | $3,675 | $3,859 |
| Setup (Year 1) | $3,500 | $0 | $0 |
| Point vendors (transport, lunch, library, camp) | $15,000 | $15,750 | $16,538 |
| 3-year total | $179,500 | $184,800 | $194,041 |
With Edumagined
| Line item | Y1 | Y2 | Y3 |
|---|---|---|---|
| Academy subscription ($8K + $25/student) | $15,500 | $16,275 | $17,089 |
| Setup (Year 1) | $6,000 | $0 | $0 |
| Transport add-on | $6,100 | $6,405 | $6,725 |
| Lunch add-on | $5,100 | $5,355 | $5,623 |
| HR Suite | $6,100 | $6,405 | $6,725 |
| Library add-on | $1,500 | $1,575 | $1,654 |
| Incidents module | $1,500 | $1,575 | $1,654 |
| Operate Lite (optional) | $30,000 | $31,500 | $33,075 |
| Family transaction fees | $0 | $0 | $0 |
| 3-year total | $71,800 | $69,090 | $72,545 |
If your school looks like this.
If your school looks like this.
Live customer · Falcon Academy.
Falcon Academy — multi-campus US private K-12 in Virginia. Live in production. 14+ functional areas in production. Zero platform transaction fees on tuition. Reference available on request.
Switch from FACTS / RenWeb to Edumagined.
FACTS built a billing business. Edumagined built an operations platform with zero billing markup. The math at a 300-student school is ~$435,000 in 3-year savings.
30-minute walkthrough. We’ll run the TCO math live for your school against FACTS / RenWeb.
Get a demo →