WHAT YOU CAN DO
Manage student financials in one place.
Workday brings all your student transactions and analytics into one system, providing new insight into financial account reporting.
With more visibility, you can help students meet their financial obligations—and stay on a path of success.
Charge configuration and optionsAging and past-due monitoringPayment and charge operational journalsPayment optionsSponsored contractsRevenue recognitionReturn of Title IV funds
Simplify financial reporting with a single ledger.
With Workday, you get all the capabilities of a general ledger, without the limitations of a rigid code block.
Automatically create accounting entries.
Streamline your chart of accounts.
Stay up-to-date with financial aid.
Keep all financial transactions aligned with financial aid. And do it without managing integrations or logging into and out of systems.
Determine eligibility and awards.
Our calculation engine automatically calculates correct amounts for federal and institutional awards. And you can pay only on program-eligible units.
Anticipate financial aid 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.
Set rules to define the charge types items can cover, the time frame for selecting eligible charges, and the order for paying them. We make it easy for you to control how you apply payments to charges.
Make payments a breeze.
With Workday, students can allow third-party users, such as parents, to access their financial accounts and make payments on charges. So everyone can stay on top of student financials.
Student resources just for you.
*Workday Student—Important Notice
Our future product content describes announced products that are not yet generally available and contain forward-looking statements for which there are risks, uncertainties, and assumptions. Our description of unreleased services, features, functionality, or enhancements are subject to change at Workday's discretion and may not be delivered as planned or at all. Workday assumes no obligation for and does not intend to update any such forward-looking statements. Customers who purchase Workday services should make purchase decisions based upon currently available services, features, and functions.
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