RE: Account Receivables Benchmarks

Good Morning,
 
As we contemplate direct depositing of refunds from Title IV aid, I had a
few questions for this group:
 
--do you direct deposit refunds to students' bank accounts?
 
--have you out-sourced this function? If yes, to a bank? to other agencies
like Higher One?
 
--when do you disperse these funds to the students' accounts? move in
weekend? after drop add period?
 
--when you initially release these funds, do you release 100%, 50% etc?
 
--has your receivables gone up which can be attributed to this option?
 
I know these are a lot of questions. Please take a few minutes to answer
them for it would help me make a better decision.
 
Thank you.
-----Original Message-----
From: bursar-l-bounces@list.mail.Virginia.EDU
[mailto:bursar-l-bounces@list.mail.Virginia.EDU] On Behalf Of Mundhenk,
Kathy
Sent: Tuesday, April 05, 2005 8:20 PM
To: Robert A. Clarke; BLNieves@aol.com; bursar-l@list.mail.Virginia.EDU
Subject: RE: Account Receivables Benchmarks

Back when I worked at Boston College, we participated in an annual NACUBO
survey that would provide you with the AR benchmarks I believe you are
looking for. I don't know if they have continued to do this and Tufts
University does not participate in this survey to my knowledge. You might
find out from NACUBO if they continue to gather this information.
 
Kathleen Mundhenk
Tufts University Bursar
 
-----Original Message-----
From: bursar-l-bounces@list.mail.Virginia.EDU
[mailto:bursar-l-bounces@list.mail.Virginia.EDU] On Behalf Of Robert A.
Clarke
Sent: Friday, April 01, 2005 11:22 AM
To: BLNieves@aol.com; bursar-l@list.mail.Virginia.EDU
Subject: RE: Account Receivables Benchmarks
 
I had asked this a year ago or so and found very little out there. I would
support some sort of process to try to get at this type of information.
 
Thanks.
 
Rob
 
 
 
Robert Clarke
Director of Financial Aid and Student Financial Services
George Fox University
(503) 554-2233
Fax (503) 554-3880
 

  _____

From: BLNieves@aol.com [mailto:BLNieves@aol.com]
Sent: Thursday, March 31, 2005 4:04 PM
To: bursar-l@list.mail.Virginia.EDU
Subject: Account Receivables Benchmarks
 
Hello Everyone,
II need some assistance. Can someone please direct me to sources where I can
find AR benchmarks of other Universities.
 
Do other Institutions volunteer this information?
 
Has anyone work on this type of project before? How did you go about
gathering and researching the information?
 
Thanks!
Brenda Nieves-Matos
Director of Student Financial Services
Polytechnic University
 
Received on Mon Apr 11 11:47:21 2005