STUDENT FINANCIALS SYSTEM

Student finances? Master them with Workday.

Students have a lot to keep track of. Give them the tools they need to stay on top of their finances, while giving your institution greater visibility and control.

Student finance dashboard showing bar graphs for financial aid, student revenue, and student refunds.
Student finance dashboard showing bar graphs for financial aid, student revenue, and student refunds.

WHAT YOU CAN DO

Empower students to take charge of their finances.

With your student transactions and analytics in one place, Workday gives you a whole new level of insight into financial account reporting. So you can better help students take action on finances and stay on their path to success.

KEY CAPABILITIES
  • Charge configuration and options

  • Aging and past-due monitoring

  • Payment and charge operational journals

  • Payment configuration and options

  • Sponsor contract automation

  • Real-time account refresh

  • Data entry validation with AI

A student financial overview statement showing recent payments, financial aid, and dues.

Simplify financial reporting.

With Workday, you get all the capabilities of a general ledger and none of the limitations of a rigid code block.

Automatically create accounting entries.

Streamline your chart of accounts.

Student Finance Dashboard showing the Outstanding Charges and Payments section with student account balance and log of recent transactions.

See changes as they happen.

As students plan their courses, Workday shows them how adjustments impact their schedules or enrollment right then and there. Anyone can refresh accounts in real time—students, proxies, and administrators.

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Keep tabs on financial aid.

Connect to financial aid seamlessly without having to manage complex integrations or logging in to and out of systems.

See eligibility and awards.

Our calculation engine automatically determines federal and institutional award amounts. And you can pay only on program-eligible units.

Anticipate payments.

We subtract anticipated financial aid payments from unpaid student charges so you can show students and administrators their net account balance.

Set payment rules how you want.

Define the charge types items can cover, the time frame for selecting eligible charges, and the order for paying them. And you get full control of payments and charges.

Make payments a breeze.

Enable third-party users, such as parents, to access financial accounts and make payments. You can also send proactive notifications on past-due charges.

Move higher education forever forward.

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Get in touch.