The Uniform Revenue Accounting System (URAS), which was developed and is monitored by the University Controller's Office, provides the basis for revenue accounting on the Fredonia campus. Through URAS, all financial activity carried out by the Office of Student Accounts is recorded, monitored and reported to SUNY Central Administration.
Pertinent data related to the billing, collection and disbursement of revenue in the Student Accounts Office as reported through the Revenue Accounting Office during the fiscal year is presented each year in the Revenue Accounting/Student Accounts Report.
Electronic billing with the Touchnet Bill+Payment module is still very successful. All students received their 2010-2011 bills electronically. Students and authorized users are sent an email stating the balance due and due date with a link to view their eBill.
SUNY Fredonia payment plans go through the Touchnet payment plan module, so students and parents have a choice of plans with two, three, or four payments directly with Fredonia rather than dealing with an outside company. Students and parents can also choose to have payments automatically deducted from a bank account or credit card. Electronic payments increased from 17% to 61% for all payments.