Blog
You’ve asked… what do students (and parents) want when paying tuition? Today’s world of e-payments is continually evolving. However, schools are catching on and offering a wider range of payment options through their tuition software. Here are some of the top requests from students: 24/7 Online Access – Convenience is key. The most important feature […]
It’s no surprise that cyberattacks cost businesses billions of dollars. While no one wants to imagine the worst case scenario, it’s crucial for schools to avoid the ‘secure enough’ attitude where a culture of safe, secure practices is lacking. With remote work now normalized, schools need to be aware of and communicate best cybersecurity practices […]
In today’s world, more and more schools are moving to electronic tuition payments. Online payments are a given to Gen Z, and this trend continues to gain momentum. Here are the top benefits that schools report after offering electronic tuition payments: 1.) Convenience Increase cash flow with same day funding to your school’s bank account. […]
What are chargebacks and how do they work? A chargeback is the reversal of a transaction back to the payer. This differs from a refund in that chargebacks are initiated by the payer’s bank when a transaction is disputed or marked as fraudulent. This sometimes happens if a student does not recognize the charge and […]
Should small schools use online tuition software? With a smaller volume of students, schools may wonder if it is worth the investment. However, here are some benefits of an online tuition payment system schools should keep in mind when considering adopting a new system. Fewer front office office resources. Consider the cost savings of a […]
Student debt. Some families assume it’s a fact of life, and don’t think twice before taking out their loans. For others, it is the single biggest obstacle for attending – and completing college. There’s lots of talk about how recent graduates are still struggling to pay off tens of thousands of dollars in student loans. […]
If your school doesn’t offer student payment plans, now, more than ever, is the time to do so. Flexibility within tuition payment plans is a key benefit schools can offer to students, particularly in the face of inflation and economic uncertainty. Flexibility to choose from multiple plans or flexibility within plans is important for students. […]
How do you collect a student balance when a student is still enrolled? All too often schools deal with students who have fallen behind on their tuition payments. When a student is still enrolled, it is in the school’s best interest to maintain a positive relationship with the student. Your school wants to continue to […]