Define tuition refund plan (TRP) fee

A variable, tuition-based fee, or a static, flat fee can be charged for students opting into the tuition refund plan (TRP) as part of their enrollment.

To get started, log into Billing management, hover over Billing in the navigation, and select Billing years. Under Fees, select Tuition refund plan, and then Edit.

To define a Tuition refund plan (TRP) fee:

Enter a Name to help identify the fee under students' listed charges.
Optional: Enter a to help identify the fee under students' listed charges.
Optional: Select whether the fee is Subject to late fees.
Determine whether to Calculate the tuition refund plan fee using either:
1. A specific amount:
  1. Students opting for the tuition refund plan are charged a single, static amount (i.e., $1000).
2. A specific percentage:
  1. Students opting for the tuition refund plan are charged a fee based on a defined percentage of the included charges. Choose between including or excluding financial aid in the calculation.
  2. Included TRP fees include fees with the option Include in TRP calculation selected.
Under Posting procedures, select:
- All upfront when the student is charged:
  The full balance of the charge is collected at the moment the charge is recorded.
- When the charge or portion of the charge is due:
  The collection date is deferred to the a date inscribed in a payment plan. The payment plan will determine the amount and time due.
- Each month on:
  The tuition balance will be divided by the inputted number of months from the start month and day.
Under Tuition should be posted to, select either:
1. a single set of GL accounts:
  
  Enter the different general ledger accounts the charges are posted to, ensuring that the CR percentage between all accounts sums to 100%.
2. different GL accounts based on grade level:
  
  Determine if the charges should be posted to different accounts based on classification.
  
  Charges can either be posted to a single classification by selecting the same classification under From and To, or be posted to include all classifications between From and To selections based on their order.
3. Enter the Account number.
4. Optional: Enter a Description to help reference the specific account.
5. Enter a CR percentage, ensuring that the percentage between all distributions sums to 100%.
  1. Optional: Select Add another distribution if a portion of the charges should be allocated to another account.
6. Optional: Select Add another set of grade levels to define another distribution based on a classification or a range of classifications.
Select Save.