Payment Plans: The secret to increasing retention and helping students lower debt before graduation

When:  Apr 20, 2021 from 2:00 PM to 3:00 PM (ET)
Payment plans can be an effective tool in helping students at community colleges matriculate through your programs. In a recent Transact Payments survey of community college students, 53% were surprised to find their school provided a payment plan option for their tuition and fees. Of the total surveyed pool of students, 33% of college students did not know how they would fund their academic dreams without the support of a payment plan, while another 33% knew they would not be able to attend college at all. Join Transact Payments and their University partner-Delaware Community College, to discuss the benefits of payment plans for students and institutions. We will discuss options to self-manage payment plans and tailor programs to student financial needs. We'll also discuss options for marketing services that collaborate with administrative staff to expand awareness of payment plan programs and assist with student retention. Key Takeaways from this session include: Understand how payment plans can be utilized as a part of your financial aid packages to assist with student retention Learn about methods to tailor payment plan programs based on need Learn about options to expand awareness regarding your payment plan programs.

Speaker: LaShonda A. Thomas, MBA, Director of Student Accounts, Delaware County Community College



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