Financial
transactions are a way of life for students on campus — and off campus too. And over the years, the means by which those transactions take place have changed to primarily electronic formats. But the complexities of financial aid disbursement and transaction processing, along with impending regulations, make navigating electronic distribution a little challenging.
An
efficient and convenient financial aid electronic disbursement platform should help streamline campus operations and improve your business-office efficiency while decreasing overhead costs. But more than just efficiency, it should also help students with secure transactions and reasonable fees that help keep more money in the students’ pockets; and convenience in accessing their accounts, paying at the point-of-sale, and using ATMs.
Additionally, a well-managed financial aid electronic distribution solution will increase student engagement and raise service levels including electronic delivery of financial aid credit balances, student payroll, and other student credit balances on the campus ID credential.