Common Elements Used in Administering Payment Plans

Field or Control	Description
Reference Number	Enter an optional reference number for each student on a particular contract. The reference number entry is for information purposes only and does not appear on the student's charges.
Status	This field displays the current status of the contract. Values are: Active: Select to make the contract available for use. This is the default value for this field until the student has been linked to the contract by posting. After the student has been linked to the contract, the other options become available. Cancelled: Select to remove the student from the contract. Hold: Select to prevent new transfers from the plan account but not to discontinue its use completely. Inactive: Select to discontinue use of the contract. Not Posted: Indicates that a new or changed contract has not been posted.

Field or Control

Description

Reference Number

Enter an optional reference number for each student on a particular contract. The reference number entry is for information purposes only and does not appear on the student's charges.

Status

This field displays the current status of the contract. Values are:

Active: Select to make the contract available for use. This is the default value for this field until the student has been linked to the contract by posting. After the student has been linked to the contract, the other options become available.

Cancelled: Select to remove the student from the contract.

Hold: Select to prevent new transfers from the plan account but not to discontinue its use completely.

Inactive: Select to discontinue use of the contract.

Not Posted: Indicates that a new or changed contract has not been posted.