steps to protect students from avoidable rcfn(.ppt)
TRANSCRIPT
Finance BPAC Implementation
Presentation to CFFO Conference,
Minnesota State Colleges & Universities
June 15, 2006
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Finance BPAC Implementation Agenda
• Steps to ‘Protect’ Students from Avoidable Cancellation of Registered Classes for Nonpayment Bill O’Brien
• Review of Recently Approved Procedures Tim Stoddard
• Payment Plans Tim Stoddard
• During/After Lunch: Informal BPAC Q&A Kathy Froysland, Bill O’Brien, Marie Peterson, Tim Stoddard, Teri Welter
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Protecting Students From Avoidable RCFN
How can C/U’s support students while implementing Registration Cancellation for Nonpayment?
• By taking steps to ‘protect’ students from avoidable cancellation of their registered classes.
• These steps are a combination of normal back-office administration, automated programming, and proactive procedures
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“Protecting Students From Avoidable RCFN – A Snapshot
• Normal Back-Office Operations Prior to Tuition & Fee Due Date
• Run Candidate List Prior to TFDD
• Web, System, and Other Messages to Students and Faculty about Student RCFN Status
• Review Manual Exemptions for RCFN Candidate List
• Run RCFN at TFDD
• Post TFDD Supplemental Payment Arrangements
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Protecting Students From Avoidable RCFN
1. Normal Back-Office Operations Prior to Tuition & Fee Due Date
PSEO Student
External Payment Plan
Any Combo of the following to reach Down Payment of 15% or $300
ISIR on file - Personal Payment
Consortium Agreement - Waiver
Common Market Agreement - Deferment
Internal Payment Plan - Third Party Award
International Student - Scholarship
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Protecting Students From Avoidable RCFN
1. Web, System, and other Messages to Students and Faculty about Student RCFN Status
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Protecting Students From Avoidable RCFN
1. Run Candidate List Prior to TFDD
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Protecting Students From Avoidable RCFN
1. Review Manual Exemptions for RCFN Candidate List
Pending Tuition Waiver
Consortium Agreement
Housing Deferral Common Market Agreement
Pending Financial Aid Non ISRS Supported External
Payment Plan
Pending Third Party Award International Student
Recent Registration Military Benefits
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Protecting Students From Avoidable RCFN
1. Run Registration Cancellation For Nonpayment program at TFDD
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Protecting Students From Avoidable RCFN
1. Post TFDD Supplemental Payment Arrangements
When down payments and pending awards don’t cover balances due for tuition and fees:
• Personal Payment of Balance Due• External Payment Plan• School Default Payment Plan
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Finance BPAC Implementation Agenda
• Steps to ‘Protect’ Students from Avoidable Cancellation of Registered Classes for Nonpayment Bill O’Brien
• Review of Recently Approved Procedures Tim Stoddard
• Payment Plans Tim Stoddard
• During/After Lunch: Informal BPAC Q&A Kathy Froysland, Bill O’Brien, Marie Peterson, Tim Stoddard, Teri Welter
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Recently Approved Procedures (posted on Board Site)
• 5.12.3 Tuition and Fee Payment Due Date – includes “no later that 5th business day of term” payment
and registration cancellation requirement
• 5.12.5 Payment Plans
– contains basic payment plan provisions based on Policy 5.12 payment plan requirement
• 7.6.2 Accounts Receivable Management – includes language:
1) students to access accounts online 2) use of registration and official transcript holds as prescribed
These procedures are outlined in a Memo from Laura King dated 5/31
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Finance BPAC Implementation Agenda
• Steps to ‘Protect’ Students from Avoidable Cancellation of Registered Classes for Nonpayment Bill O’Brien
• Review of Recently Approved Procedures Tim Stoddard
• Payment Plans Tim Stoddard
• During/After Lunch: Informal BPAC Q&A Kathy Froysland, Bill O’Brien, Marie Peterson, Tim Stoddard, Teri Welter