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From UB

Cohort-based budget planning for financial aid

December, 2015
Mary Piccioli is an enrollment management consultant at Scannell & Kurz.

With freshman discount rates once again on the rise, it will be more important than ever for institutions to review whether their methodologies for developing a budget for financial aid are sufficiently robust.

Using a cohort-based budget approach is critical for understanding the implications of replacing a “cheaper” senior class with a more heavily discounted freshman class.

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Excellent service differentiates financial provider at New York institution

December, 2015
SUNY Broome partners with Higher One to offer all electronic payment services through one system

Meeting the needs of every student at SUNY Broome is a critical part of the upstate New York institution’s mission. And when a large portion of the 7,000-student population is made up of first-generation and non-traditional students, meeting their needs requires paying particular attention to campus finances.

EMV transforms payment security: What this means for colleges and universities

November, 2015
Don Smith

From tuition payments at the bursar’s office to book
purchases at the campus store, there is frequent credit
card and debit card activity at higher ed institutions. And a
big change in the world of card-based payments has come
about in the form of EMV.

Nelnet Tuition Payment Plans improve student experience at four University of Colorado campuses

October, 2015
Nelnet Tuition Payment Plans improve student experience at four University of Colorado campuses

In an effort to best serve a population of over 60,000 students on four campuses, business office leaders across the University of Colorado system (CU) recently decided to evaluate their options to determine if a more efficient payment plan solution existed

The changing landscape of student refunds

July, 2015
DeeAnn Wenger

How has disbursing refunds to students changed in the past few years?
Colleges and universities either handle refunds in-house or use a third party to facilitate the process. The majority handle it in-house, and since processing is heavily dependent on paper checks, the task is cumbersome. As institution leaders look to outsource that responsibility, they also are looking to include more efficient methods to disburse the funds.