Award Refunds: Added the ability to define that a refund is refunded under 34 C.F.R § 668.22

Modified on Thu, Jun 2, 2022 at 10:28 AM

Locations:

  • Financial → Add → Award Refund
  • Financial → Students Student: Payments & Refunds


Users with the following permissions: 

  • Financial → Received Payments → Add (Refund, Award Refund, RSDR Refund, Returned Check, Tuition Adjustment, Sales Receipt/Refund, Student Balances)
  • Financial → Received Payments Edit (Refund, Award Refund, RSDR Refund, Returned Check, Tuition Adjustment, Sales Receipt/Refund, Student’s Balances)


Case:

When creating a 90/10 Revenue Percentage report, you need to individually set the amount of award refunds that are performed under 34 C.F.R § 668.22.


Problem:

At this moment, you cannot tell which award refunds are under 34 C.F.R § 668.22.


Solution:

When adding or editing an award refund, you now have the ability to define that the refund is refunded in accordance with 34 C.F.R § 668.22 or not:



Available since 4.51.0 (view release notes).

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