Learn More About Payments

Still taking paper checks and cash?

Save yourself time and money

Paper checks may seem like a no-brainer when it comes to taking tuition payments. They've been around for ages and people are fairly familiar with them. But they have a lot of drawbacks that you may not think about at first.

It takes more time for the bank to process a paper check than it does an electronic payment. That means more time for your school to see funds.
Paper checks mean your staff have to make multiple trips to the bank due to limits on the volume of deposits your business can make.
Reconciling accounts with paper checks is a highly manual and labor-intensive process. That is automated with online payments.
Parents prefer to pay bills online when they can. In fact, according to the Payment Journal, digital payments are the most preferred way for consumers to pay bills.
74% of organizations experienced check fraud in 2019, an increase from prior years (JP Morgan Chase)

Learn more about the true cost of a check*

How much more expensive do you think it is to process a paper check versus and electronic payment?

2x more expensive
5x more expensive
12x more expensive
14x more expensive

Why choose a system designed for schools?

Find a solution built with schools' needs in mind

Schools have specific needs when it comes to payments, especially tuition payments.

Flexibility to accommodate customized payment plans
Clear lines of communication with your families
Processing fees that fit your school's needs
Understanding of the K-12 independent school space

These needs meant that using any payment system like Square, PayPal, or any of the other major payment processors aren't going to fit your needs. These tools are designed for the retail environment and peer-to-peer payments. Not schools.

Request a demo today to see the difference a tuition payment solution designed for schools can make.

Keep learning about online tuition with the Small School's Guide to Online Tuition Management. This guide explores the myths, the benefits, and what to look for in a tuition management solution.

Is it meeting your needs?

The leader in K-12 payment processing

There are some really great K-12 tuition payment solutions out there. You know that – your school is using one. But is it meeting your current needs?

Did you feel satisfied with your implementation experience?
Was it easy to get everything set up?
Are they secure?
Do you trust them to handle data breaches well?
Do they give your families the option for autopay?
Do they provide flexibility in payment options?
Do you have the level of support you need?
Are you able to have an annual contract period?
Were you able to customize the system for your needs?

If you answered "no" to any of these questions, connect with our team to see how we can help you switch your answer(s) to a YES!

TADS is more than just a tuition management solution, they're a partner who takes the time to understand your school's specific needs. But don't take our word for it, see what the International School of Boston had to say.

Request a demo today