Funding Types
This page will provide an overview of the Funding Type field in Paradigm
Overview
A Student Course and Unit Enrolment records in Paradigm have their own Funding Type field to determine how the Student will pay for their studies. The following are some of the Funding Types available in the system when setting one:
UPFRONT FEES - if the Student will pay the whole tuition fee amount
More information about government assistance can be found here.
Default Funding Type in the Base Course
If you are accepting applications online (Online Applicant Portal), the available Funding Types for the Course can be set under the COURSE APPLICATION DETAILS section of the Base Course record. However, if you are using a Scheduled Program or Course Offer, the default types you have set in the Base Course level will be overridden by the funding type set in the Scheduled Program or Course Offer.
Default Funding Type in the Scheduled Program
Prior to accepting enrolments, the Funding Type can have a default set value set via the Course Offer or Scheduled Program creation, see Add a Scheduled Program and the fields available when adding a Scheduled Program can be found in the Scheduled Program Record Type. When this field is set, Course Enrolments created will inherit the default Funding Type set down to Unit Enrolments unless otherwise changed that is specific to a Student circumstance.
The instructions below are only applicable if you are using a Scheduled Program.
Load the Scheduled Program record, see Search a Scheduled Program.
Once the Scheduled Program record is loaded, go to the Program Details section and set the Funding Type field accordingly.
The Funding Type set will become the default Funding Type for all Course Enrolments created via that Scheduled Program.
Course Enrolment Funding Type
If you are not using the Scheduled Program, the Funding Type for each Student when enrolling on Courses and Units is set during or after enrolment in the Course. Enrolling in Courses via the ADD STUDENT COURSE ENROLMENTS section will give you the opportunity to set the Student's Funding Type prior to enrolment. Refer to this workflow on enrolling students on Courses or Programs for more details.
Unit Enrolment Funding Type
The Unit Enrolment Funding Type inherits the Course Enrolment Funding Type set. If the Course Enrolment has no Funding Type set, by default, the Unit Enrolment Funding Type is set to UPFRONT. Each Unit Enrolment record of a particular Student can have a different Funding Type depending on how the Student is paying for each Unit Enrolment. Refer to the workflows under the Using the Unit Enrolment Financial Section for more details on Student invoicing.
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