PAC - Student Deposit Refunds

Student Deposit Refunds Overview

This system provides options for your school to deal with the refund of enrolment deposits. 

These are deposits that were originally processed in the system as enrolment type 'D' (Deposit).

Options available are:

• Transfer the deposit to the next oldest student in the family
• Transfer the deposit to the youngest student in the family
• Refund the deposit and pass the transaction to the Accounts Payable system for production of a payment to the parent
• Apply the deposit against the balance owing on the parent
• Apply the deposit to a general ledger account such as building fund
• A combination of payment, application against parent account, and application to a general ledger account.