Reviewing HECS Results and Running the HECS Reconciliation

This section discusses:

Page Name

Definition Name

Navigation

Usage

Review HECS Results

SF_STDNT_HECS

select Student Financials, then select Tuition and Fees, then select Australian Loan Processing, then select Review HECS Results

Review HECS results.

Review HECS Results Class Prices

SSF_HECS_DETAIL_SP

Click the Display Details link to access the Review HECS Results Class Prices page.

Review HECS results class prices.

HECS Reconciliation

SSF_RUN_SFPBHECS

select Student Financials, then select Tuition and Fees, then select Australian Loan Processing, then select Process HECS Reconciliation, then select HECS Reconciliation

Reconciling HECS on the census date

Access the Review HECS Results page (select Student Financials, then select Tuition and Fees, then select Australian Loan Processing, then select Process HECS Reconciliation, then select Review HECS Results).

This page shows the charge and any discount, payment, or deferral amount that is associated with that charge. Click the Display Details link to show the class number and description, the liability status, and the individual charge amounts for that class.

The Review HECS Results Class Prices page displays the class number and description, the liability status, and the individual charge amounts for that class.

Access the HECS Reconciliation page (select Student Financials, then select Tuition and Fees, then select Australian Loan Processing, then select Process HECS Reconciliation, then select HECS Reconciliation).

This page displays the results of HECS reconciliation: the fees charged, payments, deferrals, and discount amounts.

The Reconciliation process reconciles the HECS payments and deferrals as of the census date. If a student has indicated he will pay his full Student Contribution, but as of the census date he has not, this process changes the student's exemption status to deferred or partial payment and remove the full 20 percent discount. The program then applies any discounts applicable to the partial payment. This process also creates discount and deferral waivers based on the amount of payment as of the census date. You should run this process on the census date, after all of the students' payments are entered in Student Financials.

Parameters

Field or Control

Definition
Account Type

Displays the account type to be used when processing. The value that appears is the value that you entered on the Loan Default page.
Discount Item Type

Displays the item type that you assigned for the HECS discount. The value that appears is the value that you entered on the Loan Default page.
Deferral Item Type

Displays the item type that you assigned for the HECS deferral amount. The value that appears is the value that you entered on the Loan Default page.
Discount Percentage

Displays the percentage of Student Contribution that a student must pay to receive the HECS discount. The value that appears is the value that you entered on the Loan Default page.
HECS Select Option

Select By Academic Career/Program to run the process for a career. The Academic Career and Academic Program fields become available for entry to run the process for one or more careers and one or more programs.

Select By Student ID to add student IDs to run the process for one or more students.