Add Percentage-based Fees for things like Tuition Insurance
Our school had always based tuition insurance fees on a percentage of the families final bill - minus aid, discounts, etc. The ability to have this calculated automatically in integrated contracts would be very helpful
YES! Tuition insurance is based on the NET tuition. (Tuition - discounts) *% = nn
It is a constant discussion and battle with parents on a payment plan that tuition insurance is required and is an additional fee that is NOT on the contract they signed.
It is sad that with a Management database cannot do this calculation at time of contract - this forces AR to create and maintain *manual* spreadsheet. Come on - get into the computer age already!
YES! Tuition insurance is based on the NET tuition. (Tuition - discounts) *% = nn
It is a constant discussion and battle with parents on a payment plan that tuition insurance is required and is an additional fee that is NOT on the contract they signed.
It is sad that with a Management database cannot do this calculation at time of contract - this forces AR to create and maintain *manual* spreadsheet. Come on - get into the computer age already!
YES!