Reduce outstanding accounts receivable :: PIP System (SUNY Orange)

Reduce outstanding accounts receivable Print All

Initiative Title	Reduce outstanding accounts receivable
Submitted in Previous Year(s)	2017
Critical Information, Notes, Justification, Rationale	Increase awareness of financial responsibility and payment options to collect tuition and fees, resulting in students' ability to continue College and reach their educational goals. Change current policy to require payment arrangements prior to start of term, which will reduce bad debt.
Consequences of this initiative not being funded	Students do not make satisfactory payment arrangements for current term, preventing them from continuing in future terms. Creates undue anxiety and stress on student.
Department Goals
Programs
Locations	Main Campus, Newburgh Campus
Estimated Completion Date	01/04/2018
Will this initiative span multiple budget years?	Yes
Importance	Medium
Funding Source	Request for Prioritization
Created	12/01/2017 2:21 pm
Updated	01/09/2018 1:15 pm

Institutional Goals

Goal	How will the initiative support this institutional goal?
STRATEGIC PLAN 2015-2020 PRIORITY IV: Efficient and Effective Operations: We will anticipate and adapt to changing economic realities while maintaining the infrastructure and resources necessary to foster innovation and develop & deliver high quality programs and services. a: Maximize existing funding streams and explore alternative revenue opportunities to ensure financial stability.	Reducing Outstanding Debt will assist the college's bottom line, which will in turn will free up operational dollars.

Action Steps

Action Step	Responsible Party	Order
Collaborate with Student Services to establish firm payment deadlines	Director of Student Accounts	1
Require payment arrangements prior to the start of the term.	Student Accounts, Student Services, Financial Aid	2
Make students and parents aware of important financial deadlines and responsibilities	Student Accounts	3

Expected Outcomes

Outcome	Order
Less Receivables	1

Assessment Methods

Method	Description	Other Method	Responsible Party
Other	Enter other assessment method	Aging Report	Susan Mansueto

Resources

INITIAL YEAR COST:	$0.00
RECURRING COST:	$0.00

Equipment

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $0.00

Facility

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $0.00

Supply

Need	Cost (Initial/Recurring)	Supporting Departments
paper	$0.00	Bursar
TOTAL:	$0.00 / $0.00

Staffing

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $0.00

Training

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $0.00

Marketing

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $0.00

Other

Need	Cost (Initial/Recurring)	Supporting Departments
TOTAL:	$0.00 / $0.00

Prioritization

Level 5 Level 5 Cabinet Middle States	Level 4 Level 4 PBIE Committee	Level 3 Level 3 Academic Affairs and Student Services, Provost, VP Office Administration and Finance, VP Office Board of Trustees Chief Diversity Officer Institutional Advancement, VP Office President, Office of Student Services, VP Office SUNY Orange Foundation Sustainability Workforce Development, Strategy & Innovation, VP Office	Level 2 Level 2 Alumni Relations and Special Events Athletics Business Math Science and Technology, AVP Office Business Office CAPE Career and Internship Services Communications Office Enrollment Mgt and Student Financial Services, AVP Office Facilities Food Tech Grants Health Professions, AVP Office Hudson Valley Educational Consortium Human Resources, AVP Office Information Technology, CIO Office Institutional Planning Assessment and Research Lab School Learning & Student Success, AVP Office Liberal Arts, AVP Office Marketing Newburgh Campus Phi Theta Kappa Security Student Engagement and Completion, AVP Office	Level 1 Level 1 Academic Advising Academic Support Middletown Academic Support Newburgh Academic Technology Accessibility Services Admissions and Recruitment Arts and Communication Behavioral Sciences Biology Bursar Business Capital Projects Center for Student Involvement Center for Teaching and Learning Clinical Laboratory Science Computer Science and Technology Criminal Justice Cultural Affairs Custodial and Grounds Dental Hygiene Deployment & Operations Diagnostic Imaging Education Educational Opportunities Program Educational Partnerships English Enrollment Support Services Environmental Health and Safety ESL CAPE Financial Aid Global Studies Governance Honors Program HVAC Information Services & Network Infrastructure Interdisciplinary Studies Liberty Partnership Program Library Mail and Copy Services Maintenance Mathematics Movement Science Nursing Occupational Therapy Payroll Physical Therapy Records and Registration Science Engineering and Architecture Student Services - Data Management Student Services Central Student Services Newburgh Campus Student Support Initiatives Testing Center TRiO Student Support Services Unused Wellness Center Work Force Development CAPE	Initiative Title	Department
			4	4	Reduce outstanding accounts receivable $0.00 / $0.00	Bursar

Assessment

Date	Department Name	Status	Cost to Date	Funding Source
No results found.