Financial Aid Services

Financial Aid Services, LLC (FAS) is a consulting and managed-services firm serving financial aid operations in higher education. Founded in 1991 by David and Gay Gray, the company is headquartered in Atlanta, Georgia, and works with colleges and universities across the United States. It has served more than 1,800 institutions and draws on a combined professional experience of over 1,600 years.

The firm's work spans strategic consulting and training, interim staffing for financial aid offices, outsourced processing, and Financial Aid as a Service (FAaaS), described as the first fully managed solution of its kind for institutions handling financial aid operations. Its technical domains include financial aid administration, outsourced managed services, higher education consulting, regulatory compliance and enrollment optimization.

FAS characterises its origins as humble and entrepreneurial, having begun around the founders' dining room table. Its stated mission is to help institutions strengthen financial operations, optimise enrolment and enhance the student experience while maintaining regulatory compliance, with a focus on delivering service to students.