In this article we will go over everything you need to know about Tuition Express including rates, payout timelines and how to reconcile your payments.
Q1. I received a deposit at my bank that I can’t find on Procare Connect.
Check your failed payments, do you have a failed payment you need to take into account? It is possible your bank grouped the deposits you received with the failed payment and you are seeing the total that was deposited? (likely lower than expected).
Q2. A parent was on auto pay but their payment was never drafted.
That is most likely due to a failed credit card payment. To see that information, you will need to log onto Tuition Express. Go to POS Transactions (circled in green) and enable View Declines (circled in red):
Q3. Why do I see withdrawals? Why is Tuition Express taking money out of my account?
To get faster payment timings, Tuition Express deposits funds before the ACH payment clears (three business day settlement process). If the payment ultimately fails and has a Return, those funds will be withdrawn and you will be notified via email detailing the Return. The withdrawal could possibly be your transaction fees, those are withdrawn once a month on the 1st . See your Merchant Statement for details.
Q4. What are the transaction fees?
Credit Card: 2.75%
Q5. What are the transaction funding timings?
ACH: next business day if run before 4pm ET Credit Card: next business day if runs before 7pm local time (center’s time zone) If it is run after those cut offs it will be deposited in two business days
Q6. I received my payment, why is it still showing as “Processing”?
Tuition Express will deposit the funds next day (based on funding timings outlined above). If the payment does not clear it will ultimately be withdrawn from the account. During this settlement time, it will display as “Processing”. When the payment has cleared it will show “Success” in Procare Connect. This can take up to 4 business days.
Q7. The parent payment was made on Thursday night but was not deposited until Tuesday, what happened to 1 day funding?
If the ACH payment was triggered after 4 pm on Thursday, it missed the window for next day funding, it would be funded on the next business day, which would be Monday. If Monday is a holiday then the payment would be deposited on Tuesday.
Q8. Can I process online payment refunds in Procare Connect?
ACH refunds cannot be processed in Procare Connect or Tuition Express. The school will need to refund manually via check or cash or leave the payment as a credit on the account. You can initiate credit card refunds in Procare Connect, that money will be returned to the payment card.
Q9: We pulled some manual payments from parents in error, can we cancel those payments before they finish processing?
There is not a way to cancel an individual payment but we are able to cancel the batch. Please note that this will cancel all ACH payments for that day. This can also cause automation and status update issues. If you would still like to proceed or have more questions, please reach out to Procare Support directly to go over details.
Q. 10 “Notification of Change” We got an email from Tuition Express that an account number was wrong but the funds were deposited and there was a $3.50 fee.
This is called a NOC (Notice of Change). That means there was a small error made by the parent (account number may have been just 1 number off, old routing number, etc.) but the bank decided to honor that payment one time. The parents will need to go in and correct their payment information. This service incurs a $3.50 fee.
PULL ONLINE PAYMENT REPORTS:
Pull Online Payment reports:
A. The Bank Account Activity report (circled in purple) will give an overview of the deposits sent to your bank.
a. TE OL – is ACH transactions
b. TE POS – is credit card transactions
B. To see the payment breakdown details for each deposit, pull the:
a. Transaction Batch Details (blue) – ACH Payments
b. Payout Expected Deposit (green) – Credit Card Payments
*Troubleshooting tips: Keep in mind any payments received after the second to last business day of the cycle after the batch close time will show on the next cycle’s report (4pm EST for ACH, 7pm center’s time zone for Credit Card). To see payment timings, go to Billing > All transactions and filter by date and transaction type “Payment”.
The date the deposits are sent to your bank may not be the day the bank puts those funds into your account. Bank deposit timings can vary.
If you feel you have a payment “missing” or “lower than expected” check to see if that deposit total included a with drawl from a failed payment (section below).
FAILED PAYMENTS AND TRANSACTION FEE REPORTS:
There are a few other reports you may need to use if you have reconciliation questions.
ACH Returns/Credit Card Declines (circled in blue): this report is a good resource for looking up why an ACH payment failed.
Merchant Statement (circled in red): This report will outline the transaction fee charges from Tuition Express to your school each month (typically at the beginning of the month).