Smart Receivables Playbook: Education

Smart Receivables Playbook: Education

72 Percent Of College Financial Offices Graded ‘C’ For Their Own Tuition Collection Efforts

Three-quarters of respondents in PYMNTS’ Smart Receivables Playbook, a collaboration with Flywire, consider their own accounts receivable operations “somewhat” or “slightly” effective. The new findings from over 150 colleges and universities suggest academia needs to do more to keep pace with expanding digital payment capabilities.

Inside the July Playbook

  • 72 percent: Share of school financial leaders who consider their payments operations only somewhat or slightly effective
  • 80 percent: Portion of college financial leaders who consider receiving payments from foreign student loan programs challenging
  • 51 percent: Share of school financial leaders who say they are enhancing real-time access to payment transaction data

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    Smart Receivables Playbook