In the last few years, colleges and universities have experienced an increase of 27 percent in enrollment since the year 2000. Furthermore, undergraduate enrollment is projected to increase by 3 percent (from 16.8 million to 17.2 million students) between 2017 and 2028. As great as these statistics are, this also means that a lot of students are going to apply for student loans. Now, this is when you must start looking into seeking help from university accounting service providers.
University accounting involves a lot of accounting activities that can be extremely complicated and costly to perform in-house. However, you do not have to spend that much money on university accounting services. The most cost-effective way to get your university accounting done is to outsource to an outside service provider.
Now, this is where we come in. We at Accounts Confidant, offer a wide range of university accounting services that cover various colleges and universities internationally. Our accountants are well versed in working on numerous accounting software that is used internationally. By outsourcing your university accounting tasks to our firm, you can primarily focus on the core aspects of your operation.
University accounting services that we provide you with
The following are some of the various services that you can avail by enlisting our help:
- Student loan billing
- Skip tracing
- View your account details in real-time
- Make payments online so that never have to write a check again
- Schedule your payments in advance
- View your inbox for statements and other correspondence
- Update your mailing address
- Links to download benefit forms for deferments, cancellations, and forbearance
- View your 1098E online
- Loan signatures, billing, payment, and counseling
- Tuition payment plans
- Web-based system for flexible loan management
- Document imaging and storage
- Above all, credit reporting for federal, institutional, and private loans
The various types of university accounting our services cover
Our university accounting services cover the following:
- Business school accounting
- Engineering college accounting
- Nursing college accounting
- Medical college accounting
- Dental college accounting
The various benefits of outsourcing university accounting to Accounts Confidant
Firstly, our university accounting service maintains the integrity of your university’s financial data by providing accurate monthly account analysis and enforcing proper accounting practices. Through collaborative efforts and frequent assessments of your university’s financials, we reconcile the constituents of our finances with careful consideration and diligent investigations.
Our experts at Accounts Confidant take care of the external and internal reporting requirements. This includes handling the university’s annual financial report. We also submit and negotiate the university’s F&A cost proposal, oversees service center rates, and perform student financial aid cash draws and reconciliations.
Loan Repayment Plans
Our team will assist you in integrating an affordable repayment plan especially when raising your monthly loan payments is a struggle. Our university accounting services also include helping you in finding a plan that caps the amounts that you make monthly as a percentage of your income.
If you are facing trouble with handling several federal loans, then we can assist you with the process of combining all your loans into a single loan. If you have high-interest loans, consider consolidating into one payment through refinancing.
Consistent Data Source
We provide you with consistent and precise data and reports. You can use this information to make important administrative decisions in regards to your university accounting tasks. Doing so will guarantee competence in the workflow.
Access to certified accountants
If you were wondering “where can I find university accounting services near me?” look no further. By outsourcing to Accounts Confidant, you will have access to several certified accountants at very low costs. You will have access to not just one or two professionals but an entire team of experts at your disposal. So, there is absolutely no need to look for university accounting services near your locality.
Why should you choose to work with Account Confidant?
We have years of experience in the field of university accounting. So, we understand what it takes to maintain the financial side of universities. Our services cover both small and large universities. Moreover, we ensure that your data remains completely secure with our highly encrypted and impeccable service security standards.
What makes our university accounting services stand out from the rest?
- Advanced technology to work faster
- Access to expertise
- 24×7 support service
- Guaranteed quality of service and turnaround time
- We help you in reducing your operational costs
- Top-notch infrastructure to perform the accounting task
- Dedicated accountants to handle your accounting
- Over five years of experience in the accounting industry
- You get access to professional accountants and bookkeepers
- Dedicated project managers to effectively manage your accounting projects
Contact us at our toll-free number +1-844-860-1101 today to receive consultation and assistance or if you need to clarify any queries about our services.