Simplify Payments, Strengthen School Financial Health
Use TADS to provide a modern and convenient payments experience for each family while simplifying business operations. Gain key insights into school finances with thorough school- and district-level reporting.
How Does TADS Tuition Management Benefit My School and Its Families?
TADS provides the ultimate flexibility for tuition management. Parents benefit from an intuitive, mobile friendly platform for deposits and tuition payments. Schools have multiple options with flexible tuition agreements and total control over fee handling. Your team benefits with real-time balance visualization and accounting tools that streamline reconciliation.
How Well Does TADS Integrate With Our Tools?
TADS features options for tuition management, contracts, and student information systems all in one place. Take advantage of TADS’ open API to streamline data, or connect operational data to the financial with an integration to QuickBooks Online. And as part of the VenturEd Enrollment Suite, TADS data links to admissions and financial aid data for accurate, headache-free billing.
Key Financial and Billing Insights, Just a Click Away
Give school and district leaders a clear view into contract activity, payment reliability, cross-departmental trends, and financial risk at a per-school or organizational level. Track payment plans and balance distribution to manage cash flow and support families more effectively, with analysis to forecast revenue and growth.
Support That Works for You
TADS support is available to schools through a hybrid agent-human experience, but our team also directly supports families with fast, knowledgeable advice for billing questions. We also protect school finances with hands-on delinquency management through compassionate but firm communication with applicable families.
Bill for All Types of Incidental Payments
CampusPay from VenturEd Solutions complements TADS tuition management, handling all incidental fees across campus. Build branded forms in minutes (no coding required) for school events, sports, trips, aftercare, summer programs, fundraising — you name it. Supporting ACH, cards, and digital wallets, plus both desktop and mobile sessions, CampusPay makes collecting everyday expenses a breeze for schools and families.
TADS + Business Office: Your Questions Answered
What does reconciliation look like with TADS?
Using a net settlement model, transaction fees are deducted before funds become deposited, rather than being invoiced later. Deposits are daily and include both ACH and card payments together. For accounting purposes, schools should continue recognizing the total amount paid as revenue and record the processing fee as an expense. VenturEd Solutions’ settlement reports provide the gross amounts, fee amounts, and net deposit amounts for easy reconciliation.
How do refunds and chargebacks work and what controls do we have?
While parents are responsible for returned ACH transactions, schools are responsible for any chargebacks. When a chargeback occurs, the disputed amount will be deducted from the school’s future remittance, and the applicable chargeback fee is assessed. TADS will notify the school of the chargeback in writing, providing resources on how to appeal to the issuing bank.
How do you protect client financial data?
TADS encrypts all financial data gathered and processed from end-to-end. Sensitive data is often handled by trusted partners, rather than directly on any TADS product. This keeps TADS compliant with PCI Level 1 guidelines and prevents us from having to store card numbers.
Can we compare multi-year data to support forecasting and net tuition decisions?
Yes, TADS offers detailed tuition payment and financial trends to support school enrollment operations. To get the full picture, Enrollment Insights from VenturEd Solutions pulls data across admissions, financial aid, enrollment, and tuition management to power cross-departmental decisions.
What our customers are saying
Every year TADS saves us money and keeps us from having to hire seasonal bookkeepers. If we had to review every application, and make sure every document was there, that would be cumbersome and cost us in time and money.
— Marilyn Hicks, Vice-President of Operations, Arete Scholars program, GA