Posts about “Payment Processing”

Automatic Payments – A Timesaver for Families and Schools

From the time a parent submits a student’s application fee until the final tuition payment clears, payments are a routine part of a family’s independent school experience.  But let’s face …

Payment Processing: How Does It Work?

“Payment Processor” definition, according to Wikipedia: “A company (often a third party) appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for …

Get Ahead of the Curve: Consolidate Vendor Payment Processing

Consolidate Vendor Payment Processing The Challenge A school business officer wears many hats.  The job involves financial, administrative, and operations management; budget oversight, contracts, and compliance.  Then there’s dealing with …

Manage School Expenses Without the Headache

  Are you using a paper-based procurement order process at your school? Maybe even having staff make purchases with their personal credit cards then going through a manual reimbursement process? …

Digging into Cost-Neutral Opportunities for Tuition

Tuition is one of the most important financial areas that your independent school must track, so anything that you can put in place to make the process easier will help. …

Three Benefits of Mobile Credit Card Readers for Independent Schools

As spring auction season approaches, we’re hearing more questions from our client schools about how they might use mobile credit card readers to process credit card payments at their upcoming …

Digital Payment Acceptance at Schools: Think Campus-Wide

The Campus-Wide Approach To help make digital payments go smoothly at your school, it’s best to think about the entire campus, all your incoming payments, all the costs and options associated with those …

Interview: Getting Started With In-house Tuition Management

French American School of New York Stéphanie Reyna Finance Assistant & Financial aid Coordinator Tuition programs come in many forms at independent schools, from full pay, to payment plans, to …

Creating a Tuition Program That Meets Your Needs

Tuition management programs come in many flavors, so how do you select the one that best meets your needs? For larger schools with a full admissions and business office staff, …

Getting Stakeholder Buy-in: Creating Your Own Tuition Program

Change is never easy, especially when it involves your largest source of revenue. Identifying that your school needs to adjust or even replace your tuition management program is a sensitive …