RE: Third Party Screening

From: Pat Emerson (emerson@wsu.edu)
Date: Tue Feb 12 2002 - 16:53:39 EST

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    <x-flowed>
    We get some sort of paperwork from the sponsoring agency or company. We do
    not require the student to acknowledge the debt as their own. If the
    company defaults (maybe twice in my 15 years here) then we charge the student.
    I'd like to expand the scope of this and find out what schools are charging
    for this service? It costs us a lot of money to service the many Third
    Party Guarantees and we do not currently charge anyone for that service. I
    am looking at implementing some sort of service fee to perform the work
    required on this.
    Thanks...Pat

    Patrick Emerson
    University Receivables Manager
    (509) 335-1270
    Fax: (509) 335-1928

    At 01:11 PM 2/12/2002 -0500, Nanci Schofield wrote:

    >Could you post responses to the list serve?
    >
    >Thank you
    >
    >Nanci Schofield
    >NHTI
    >
    >
    >
    >
    >-----Original Message-----
    >From: Gayle Callahan [mailto:gcallahan@jccc.net]
    >Sent: Tuesday, February 12, 2002 9:02 AM
    >To: bursar-l@virginia.edu
    >Subject: Third Party Screening
    >
    >As a community college we have many agencies and employers sponsor
    >students'
    >classes. If they agree to pay regardless of the student's success in
    >the
    >class we bill them after the semester starts. Currently all we require
    >is a
    >Purchase Order or letter on Company letterhead as authorization to bill.
    >
    >With 18,000 students enrolled in each of our credit and continuing
    >education
    >divisions, we oftten have requests from new companies to bill them.
    >
    >I would appreciate others sharing their process for determining which
    >companies may be billed as a thrid party. Do you get credit references?
    >What information do you check on? Do you have an application?
    >
    >Any procedures and examples you could provide would be very helpful.
    >
    >Thanks,
    >
    >Gayle Callahan
    >Mgr., Billing and Accounts Receivable
    >Johnson County Community College
    >Overland Park, KS
    >(913) 469-8500'
    >gcallahan@jccc.net

    Patrick Emerson
    University Receivables Manager
    (509) 335-1270
    Fax: (509) 335-1928

    </x-flowed>



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