Deep Dive: Paper Checks: The Bane Of Student Disbursements?
PYMNTS
FEBRUARY 14, 2020
Most students are from generations that are unlikely to use checks to manage their finances as well, and many pay their tuition or other academic expenses through ACH or debit cards — but only after they receive paper check disbursements from their colleges. Just 5 percent of millennial students paid their tuition with checks.
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