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Hide Payment Field from the Administrative Services Agreement

Hide Payment Field from the Administrative Services Agreement

Aug 6th, 2022

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How to Hide Payment Field from the Administrative Services Agreement

4.6 out of 5

15 votes

A payment plan agreement is established between a debtor and a creditor, detailing the terms for repaying a debt. Payment plans are commonly used for expensive items or services, enabling buyers to manage financial burdens by spreading costs over time. This arrangement benefits sellers too, as they can earn additional revenue through interest on the payments. Payment plans can apply to various goods and services, and resources for free agreements are available. They provide immediate access to items for buyers who need them right away, making them a favorable solution for both parties involved.

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

How do I remove a payment method from facts?

How can I change my financial information on file? Bank account or credit card changes can be made online at online.factsmgt.com if you are the plan owner. After logging in, choose the Financial Accounts option at the top and choose Change Account under the payment plan or incidentals account you want to update.

What is the difference between a MSA and a sow?

Both MSAs and SOWs are used in service transaction contracts. The major difference between them is that, while an MSA sets the legal framework for the relationship between contracting parties, an SOW deals with specific projects or transactions.

What is incidental expenses in facts?

FACTS Incidental Billing Prepay Accounts allows you to bill families for fees that fall outside of regular tuition costs. This could include technology fees, childcare, meals, athletics, and field trips. It also allows your families to prepay for any upcoming expenses.

Does facts financial aid check your bank account?

Students selected for verification of their FAFSA form may wonder, Does FAFSA check your bank accounts? FAFSA does not directly view the students or parents bank accounts.

What is an administrative service agreement?

A contract typically between an insurance company and a self-funded plan or group of providers in which the insurance or management company performs only administrative services (billing, plan design, claim processing, marketing, for example) and does not assume any risk.

Can you use a credit card on facts?

Payment methods include ACH, checks and debit/credit cards. Families can also pay online, over the phone, by mail, or with auto-debit. Manage account from any device.

What is a payment services agreement?

An agreement to pay for services is a contract that details the terms of a contracted service from one party in exchange for compensation from another party.

How does facts verify income?

Income eligibility criteria is included for many state tax credit programs. Families upload tax and W-2 records to verify self-reported information. We follow up with families to gather any missing documentation.

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