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Fee & Finance Management module

  • Writer: Ram Naik
    Ram Naik
  • Apr 12, 2025
  • 2 min read



🔐 Access & Role-Based Permissions

  • Admin, Finance Officer, Accountant, Department Heads, Students

  • Role-based access control by program level (UG, PG, PhD)

  • Department-wise finance access (Engineering, Arts, Research, etc.)

🧾 Fee Structure Management

  • Program-wise, course-wise, semester-wise fee templates

  • Category-based fee configuration (General, SC/ST, OBC, PWD, International)

  • Term-based (Annual/Semester/Quarterly) fee setup

  • One-time, recurring, and optional fee components

  • Research/Thesis fees, lab usage, library, and submission charges for PG/PhD

  • Dynamic elective/practical-based fee adjustments

🏷️ Fee Collection & Payment Processing

  • Online payment gateway integration (UPI, Credit Card, Net Banking, Wallets)

  • Offline payment support (Cash, DD, Cheque)

  • Auto fee calculation at the time of admission/course registration

  • Installment/EMI-based payment options

  • Dynamic late fee and penalty rules

  • Auto-receipt generation with payment confirmation

  • Real-time payment tracking dashboard

💰 Scholarship, Concession & Financial Aid Management

  • Mapping of students with eligible scholarships (Govt/Private)

  • Auto-application of concessions (merit, income-based, special category)

  • Department-specific funding and stipends (especially for PG/PhD)

  • Custom discount rules with approval workflows

  • Scholarship disbursement tracking and reporting

🧮 Dues & Fine Management

  • Real-time dues tracking (tuition, hostel, transport, etc.)

  • Late payment fine rules (slab-based or flat)

  • Auto alerts for due reminders

  • Blocking/unblocking academic services based on fee status

  • Recovery process tracking (reminders, escalation levels)

🏦 Hostel & Transport Fee Integration

  • Hostel fee based on room type, semester, or duration

  • Meal plan billing (monthly/semester-wise)

  • Transport zone/distance-based billing

  • Refund management for cancellation/withdrawal

📋 Refund & Withdrawal Management

  • Refund request workflow with approval hierarchy

  • Auto-calculation of refundable amount based on rules

  • Refund settlement tracking and audit

  • Refund policy management by course type (UG/PG/PhD)

🔍 Student Self-Service Portal

  • View fee structure and due details

  • Download receipts and invoices

  • Real-time payment history

  • Online payment with instant confirmation

  • Apply for refund, scholarship, or installment plan

📊 Finance Reports & Analytics

  • Student-wise fee ledger

  • Program/batch/department-wise collection reports

  • Head-wise revenue reports (tuition, lab, library, etc.)

  • Defaulters list with communication logs

  • Cash flow forecasting

  • Audit reports for internal/external use

📦 Integration with Other Modules

  • Admissions: Auto-fee generation on program selection

  • Student Lifecycle: Fee eligibility for exams, hostel, services

  • Accounts: Export to Tally, SAP, or other ERP systems

  • Scholarships: Auto mapping from national/state portals

  • Convocation: Fee clearance check before certificate issue

🛠️ Configuration & Customization Options

  • Dynamic fee rule engine (create/modify without code)

  • Country-specific currency and tax configuration (for international campuses)

  • Multi-institution support (for university groups)

  • GST/Tax rules integration and invoice generation

📲 Notifications & Alerts

  • SMS/Email/App alerts for:

    • Due date reminders

    • Payment confirmations

    • Fee defaulter warnings

    • Refund status updates

📌 PG & PhD-Specific Features

PG:

  • Dissertation fee tracking

  • Workshop/seminar/travel grant reimbursements

  • Assistantship/stipend reconciliation

PhD:

  • Thesis submission fee

  • Progress review/defense/viva-related fees

  • Stipend and fellowship disbursement tracking

  • Departmental grant usage reports (if funded)

🔐 Security & Compliance

  • Encrypted transaction handling

  • Digital signature-enabled receipts

  • Full audit trail for every transaction

  • Role-based financial data visibility

  • Compliance with UGC, NAAC, GST, and national financial regulations

 
 
 

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