Re: --Tuition Payment Plans--Internal/External

From: Ginny Layton (laytonvh@muohio.edu)
Date: Tue Dec 03 2002 - 12:54:15 EST

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    Hi Doug (and all),

    We have two payment plans - an annual 10-payment plan and a semester
    3-payment plan.

    We have always outsourced the 10-payment plan, but managed the 3-payment
    plan 'in house' until this year.

    We prefer to have both plans outsourced. With more than 4,000 students
    participating, managing them in house would be a nightmare. Two employees
    used to spend up to six weeks each semester dealing with the 2000+
    participants in the in-house plan. Now that we have freed them from this
    responsibility, we are better able to provide service to all students.

    While SCT's Banner has an installment payment plan feature, it has
    limitations.

    Ginny

    At 02:30 PM 12/2/2002 -0500, C. Douglas Schantz wrote:

    >Hope this email finds everyone getting a jump..or just catching up... on
    >their Christmas shopping...
    >
    >I have just a few quick questions. If any of you in Bursarland would be so
    >kind as to respond I would be ever so grateful.
    >
    >-Has anyone gone from an external payment plan to internal for revenue or
    >other reasons?? How was the transition for you and students? Was the
    >revenue worth it?
    >
    >-What type of program/software do you use to manage your payment plan?
    >
    >-Does anyone use Datatel's Payment Plan software provided with Colleague?
    >If so, do you use it successfully??
    >
    >-Anyone use or mandate automatic ACH deduction for their internal payment
    >plans?
    >
    >Ok.. that's it for now... If anyone wants to give me detailed insight
    >about the good, the bad, and the ugly on internal payment plans.. just
    >drop me a line...
    >
    >Have a good holiday season and thanks in advance for any replies!!!
    >
    >Doug Schantz(long-time external payment planner... but willing to change!!)
    >Wittenberg University
    >
    >___________________________________________________________
    >
    >C. Douglas Schantz
    >http://www4.wittenberg.edu/administration/student_accounts/
    >Office of Student Accounts, Wittenberg University
    >P.O. Box 720 Springfield, OH 45501-0720
    >E-mail: dschantz@wittenberg.edu
    >Datatel's Colleague Release 17
    >http://www.wittenberg.edu
    >Phone: (937) 327-6146
    >FAX : (937) 327-7023
    >_______________________GO TIGERS!!!!________________________
    >
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    Ginny Layton
    Bursar
    Miami University
    Office: 513-529-8702
    Fax: 513-529-8788

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