Contract Definition [3001] |
Module Description |
Performance Contracts contain the contracts from Third Party Funding Sources that can be used to fund students.
These contracts usually require the students to be monitored for satisfactory academic progress (SAP), Program completion and job placement. Example Contract: WIA |
Field |
Description |
Key |
Refers to the number sequentially assigned for each entry under the logged in school or campus |
Contract Code & Name |
Code: Short name used on reports. Name: Name used to identify contract |
Due (Frequency) |
Dropdown to choose frequency of payments |
Funding Basis |
Dropdown to choose funding source |
Bill When |
Dropdown to choose when to bill |
Title IV Financial Aid |
Dropdown to choose Title IV Financial Aid type |
Charge or Interest |
Enter interest charge in % |
Hourly Option & Rate |
Dropdown to choose hourly option type and enter hourly rate |
Funding Agency Name, Address, city, State and Zip Code |
Name and address of Funding Agency |
Attention (Who) |
Enter the name of person to receive the bill |