Why Blackbaud Tuition Management™ is a Game-Changing AR Subledger
According to the National Association of Independent Schools, net tuition revenue makes up 79% of independent school income, total giving 7%, and summer and other auxiliary programs 3%. That means the “other” category is the second highest at 11% of revenue.
Tracking where and how your school receives tuition, fees, and other payments can be complicated. That is why we designed Blackbaud Tuition Management to work as a complete accounts receivable subledger.
These are the top five reasons this could be a game changer for your school.