DAYTONA BEACH, Fla., Jan. 19, 2017 /PRNewswire/ -- Tuition Assurance (TA), a new member driven platform to assist students and their families to better manage higher education costs while reducing defaults for colleges, will preview its new "Tuition from Payroll" platform at the Council of Business Affairs Conference 2017 in Daytona Beach, Florida.
Tuition Assurance is an innovative solution that works with a proven SaaS payroll platform to make it possible for more students to afford college costs with a more user-friendly alternative to interest bearing loans that can quickly mount to long term, crippling debt. Developed at the University of Central Florida Business Incubator in Daytona Beach, Tuition Assurance gives students a "pay as you study" solution that enables seamless payments through automatic payroll deposits directly from a student's or parent's employer. Unique to the Tuition from Payroll platform, multiple family members will be able to contribute in a hassle-free manner to a student's tuition obligation when enrolled at a school offering TA.
James Beckmann, President of Tuition Assurance notes, "In looking to solve a huge problem with rising tuition costs and defaults that keep students from receiving their diplomas, we identified areas of opportunity to innovate and transform how installments work into a new paradigm in tuition payments that can make college more affordable to cash strapped students and their families."
For colleges and universities, Tuition Assurance can help increase enrollment and retention while reducing delinquencies and defaults, providing a competitive advantage. Tuition from Payroll helps colleges know that tuition installments will be prioritized through employer deposits on a pay period basis for all parties contributing to a student's education costs.
Schools interested in piloting the program should contact Michele Tell at 702-254-5704 or by email at Michele@preferredpublicrelations.com.
About Tuition Assurance
Tuition Assurance is a membership program and a division of Campus Scientific, Inc. based in Daytona Beach, Florida. The company is introducing the program to business affairs and other senior level management of the Florida College System (FCS), which encompasses the 28 state colleges educating over 800,000 students annually. Tuition Assurance will operate in partnership with Neighborhood Pay Services (NPS), the national leader in payroll direct deposit programs.
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SOURCE Tuition Assurance