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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

When a student with a delinquent account drops their enrollment, it becomes much harder for your school to collect their balance. Fortunately, there are some strategies you can follow to work with the student to get your delinquent tuition payments. Be Friendly, But Tough You can be empathetic without being a pushover. Students may have

Stereotypes aside, how does one market to Gen Z? Choosing to pursue an undergraduate degree (Generation Z) or return to school (Millennials) is no small decision. Both younger generations are largely influenced through your school’s online presence. Here are five tips for you to consider… Paint a Vivid Reality Imagination is key for students to

With online tuition software, how can you keep tuition payments secure?  Schools can take advantage of many benefits of online tuition payment software. However, there is always the concern about the safety and security of personal payment data. As a whole, online payments are generally very safe. Furthermore, secure, online payments eliminate the risks of

The responsibility of paying tuition on time certainly lies on the student. However, how many colleges ask themselves: “How do we create a culture that fosters timely tuition payments?” Creating an environment that encourages and enables students to pay on time is a crucial step colleges are beginning to take. So, how can your business