February 1, 2021
The higher education media is reporting on a California Court’s ruling to grant the Consumer Financial Protection Bureau’s (CFPB) judgement against “Student Financial Aid Services, Inc.”, a (now-defunct) Delaware-based company with its last known location in Sacramento, CA. The California Court’s ruling and CFPB’s actions are in response to the company’s fee-based services, including charging students and parents for assistance completing the Free Application for Federal Student Aid (FAFSA).
Our company, Financial Aid Services (FAS), incorporated in Atlanta, GA, is confirming we have no connection to the company involved in this judgment. While our names may sound similar, we are NOT affiliated with Student Financial Aid Services.
Since 1991, FAS’ sole mission has been to provide professional services to public and private, non-profit colleges and universities. We have no lines of business directed to students and families.
For additional information, please contact us at (770) 988-9447.