NEP policy has introduced a new concept of credit transfer: a student can take a course offered by an educational institution registered with the Academic Bank of Credit and use the credit for his degree. NEP policy has also allowed students to take various courses as part of their undergraduate and postgraduate programs.
This approach has created an opportunity for educational institutes to offer their courses in Distance Learning mode to the students. But running a distance learning program also needs the appropriate ERP systems. Some unique requirements of distance learning are:
Institutes can generate fees in AcademiaERP and assign them to the program(s). There are options to offer multiple payment schedules like one-time, installments, and opportunities to offer discounts/ scholarships based on students’ performances. AcademiaERP is integrated with various payment gateways to enable students to pay online fees. Receipts are also generated online and can be downloaded in the student portal.
AcademiaERP comes with multiple fee dashboards and charts where the admin can see the total fee collected, fees overdue, etc., at various levels like program level, institute level, etc. There are also options to create and send automatic emails, whatsapp messages on fees overdue to the students and admins.
Interested to know more? Learn all about the new National Education Policy here.
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