Question

Over the years, students have complained about the mode of payment of school fees and other fees. Their main concern has been that students have to go to the banking hall of the University’s bankers and queue for long hours before they can make payment. The Student Representative Council (SRC) of the University has presented a petition on this matter to the University Council. The Council has directed the University management to take urgent steps to address the issues. The Finance Department of the University has appointed you as the lead consultant to help them address the concerns of students.

Required:

a) With the aid of a diagram, identify the existing mode of school fees payment in school

b) With the aid of diagram, make proposal of a future school fees payment system.

c) How can your new payment system facilitate quicker registration of students at the beginning of each

semester?

please give me an accurate answer with explanation to the iand ii

Answer 1

Answer to the question:

a) In the current mode of payment of school fees and other fees students face many problems. The main concern of the students is that they have to go to the banking hall of the University’s bankers and queue for long hours before they can make payment. Hence it wil results in delay in payment processing and leads to wastage of time of the students.

b) As a lead consultant I want to suggest that future school fees payment system should be easier, like the receptionist at the college's reception will accept all the payments from the online modes of payment like google pay, phone pay and many other payment apps and can also accept cheques or cash on behalf of the University in place of existing scenario where the same being deposited by the students by standing in the long queue.

c) New payment system facilitate quicker registration of students at the beginning of each semester because when the payment will be accepted by the online modes or cash/cheques being collected by the receptionist instead of being deposited by the students by standing in the long queue then students can save those hours which they take before depositing payment in University's Banker.

New system result in the easy credit and hand to hand verification of the payment made by the students, hence same will result in quiick registration of the students.