Relieving Some of the Burden of Payment Security
As business offices evaluate their processes in the wake of COVID-19 restrictions, changing school policies, and ever-evolving technology priorities, keeping payment compliance top of mind is critical. Maintaining compliance for software applications that process payments is demanding, requiring regular audits
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Have an Idea?
Let Your Voice Be Heard Do you have an idea that would improve your experience using FACTS products? We have a place for you to make suggestions and requests! Are you a FACTS Grant & Aid, Tuition Management, or Payment
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Becoming a Cashless Business Office
In March 2020, school business offices had their workflows and procedures well documented and communicated with families. But when COVID-19 hit, new processes had to be created and institutions needed to adapt quickly to meet student needs under a contactless
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It’s Time to Review FACTS Payment Plan and Financial Aid Options
It’s already time to review FACTS payment plan and financial aid assessment options for the next school year.
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Adjusting Payment Plans for Undecided Families
COVID-19 has created a lot of uncertainty for families. As we inch closer to the start of the fall semester, families may still be having a difficult time deciding their child’s enrollment status at your school. If you have a
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How to Check Scheduled Payment Reports
Are family payment plans ending on schedule? In FACTS Tuition Management, the scheduled payment report allows you to see the payment amounts that are scheduled to be processed in a selected time period. You can also view the entire remaining
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How to Create an Adjustment Report Due to COVID-19
It’s hard to comprehend all the changes COVID-19 introduced to schools’ financial strategies. It’s also hard to determine how to track those changes. If your institution has decided to issue financial aid or credits to assist with the COVID-19 pandemic,
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Incomplete Applications and Pending Agreements
FACTS Grant & Aid Incomplete Applications Unsure why an application is marked incomplete? In the FACTS Grant & Aid dashboard, hover on “Grant & Aid,” then click on “Dashboard” from the drop down to see the information that’s missing.
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COVID-19 Considerations for the School Business Office
Campus closures at private schools nationwide have many schools considering their financial positions. And many are looking to the school business office for guidance on how to proceed on everything from tuition collection to refunding prepaid lunch fees. Although individual schools should always consult their own legal
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