Product Genius University Management System Student Management Student Sponsor Management System

Student Sponsor Management System

Sponsors will fund majority of the students’ educational expenses. Thus maintenance of this information is a vital task and SMS caters to this efficiently.

Functional Features

• Sponsor Amount Allocation - SMS supports receiving of fund from various sponsors and allocation of that fund to various students based on the amount allocated to them. The split up of the amount, towards each student is send to the university in a soft copy format, which can be uploaded by the system. This system allows allocation of that amount to individual students by automatically knocking out their outstanding amount and transferring the remaining amount to their pocket expenses.
  
  SMS will remind the sponsor on the student termination and other status of the students to help them in deciding the sponsorship to the student.
• § Upload file formats can be defined for each sponsor.
• § Sponsor Receipts.
• § Sponsor Ledger.
• § Monitoring unallocated sponsor amount.
• § Sponsor payment.
• Reports
  • Sponsor Ledger (Active / Inactive students)
  • Sponsor Ledger (Detail / Summary)
  • Sponsor Receipt (Allocation / Bank)
• Sponsor Management Integration to SCORPIO Financials
• Sponsor management system will be integrated to SCORPIO
• Financials, Multiple Journal Program to create automatic financials entries like Invoice / Debit Note / Credit Note / Adjustment.
• Amount received from the Sponsors will be reflected to Bank Ledger of SCORPIO Cash book automatically.
• When the Payments are made to the students from the sponsor amounts automatic payments and Adjustment journals will be created in the SCORPIO Cash book module.