The issue of stranded credits—or course credits a student has accumulated but not paid for—is impacting every sector of higher education. It is estimated that stranded credits affect some 6.6 million students and total $15 billion in unpaid balances, creating challenges for both students and institutions. While addressing stranded credits is a significant opportunity to […]
Campus data security is complex and challenging, with higher ed institutions conducting more e-commerce transactions than ever before. As a result, colleges and universities have become growing targets for cybercriminals. Understanding and adhering to PCI security standards is vital for institutions to effectively protect the sensitive data of students, parents, faculty, staff, alumni and donors. […]
The process of accepting ACH payments on campus has changed, and not all payment providers are able to support the new Nacha standards. This recent webinar with payment experts from TouchNet outlines the new Nacha standards for validation and encryption, and what these changes mean for your institution. The presentation also discusses how Ellucian Payment […]