Module Description

This module allows institutions to manually enter a schedule of tuition payments owed to the institution by an individual student. The Cash Pay Schedules entered here are reflected as “Funds to be Paid” on the student’s tuition account. Cash Pay schedules do not include expected Financial Aid Checks such as Pell Grant and Title IV Loan checks, rather a schedule of payments that will be paid directly from the student or third party in the form of cash, check, or credit card. When these payments are received, they are posted in the Cash Payments module, and are automatically credited to the student’s tuition account, resulting in an automatic deduction from the amount of “Funds to be Paid” on the tuition account.

·In the field asking “Will RGM send the bill?” select NO if the institution chooses to handle the invoicing in-house. If the institution prefers RGM to send the bill(s), select YES, and inform your RGM customer service representative. Additional Fees will apply if RGM handles the invoicing.

·After saving the Cash Pay Schedule, the Expected Payments are reflected as FUNDS TO BE PAID on the student’s tuition account, billing statements and other related reports.