Unlike most organizations, K-12 private schools typically receive the bulk of their funds at the beginning of the operating year via tuition payments. However, many key events, including field trips, athletics, and club competitions, are funded through participants on...
The National Association of Independent Schools found the average day school receives 14.3 percent of its income outside of tuition and donations, while that figure for boarding schools stands at 18.2 percent. While focusing Accounts Receivable (AR) operations on...
One of the most time-consuming and error-prone tasks is tracking payments—whether it’s for tuition, fees, or extracurricular activities. Traditional methods of payment tracking, such as manually updating spreadsheets, are common in many private schools. While...
A study from the U.S. Travel Association found 89 percent of former students said educational trips had a positive, lasting impact on their education and career, having made them more engaged, intellectually curious, and interested in school. Field trips are an...
Research from US News found the average private school tuition sits around $12,000 per student per year, but combined with the many necessary fees, an average family pays just over $16,000 per child. Private and independent K-12 schools face numerous challenges in...
As private schools plan for summer camp activities, they are no doubt excited for the opportunity to further engage students, create exciting learning experiences, and generate additional revenue. But for schools that don’t have an efficient payment system in place,...
