What is a FACS Grade?
FACS (Fynanz Academic Credit Score) Grade is a designation assigned to each loan request to assess borrower creditworthiness using a proprietary credit scoring model develop by Fynanz. FACS Grades are unique because, unlike many other scores, the FACS takes into account not only the credit bureau data, but also the student’s academic characteristics such as GPA, course of study, school, class standing, and year of study.