Fee Price Bands

The Fee Price Bands section displays the list of price bands already defined in the system, and the price band codes and descriptions of each band.

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The Fee Values for Price Band section displays the fee values associated with the currently selected price band.

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The Fee Value Details section displays the details of the currently selected fee value.

The fields in the Fee Value Details section are described in the following table.

This field	Holds this information...
Fee Type	The fee type to be added to this price band.
Transaction Type	The transaction type is defaulted from the fee type record, either fee or receipt.
Calendar Occurrence	The calendar occurrence this fee type applies in. Only needed if to be used as default for start and end dates.
Calendar Type	Defaulted from the calendar occurrence.
Start Date	The start date for this fee type on this price band. Click the Calendar button to display a calendar, where you can select a date.
End Date	The end date for this fee type. Only needs completing if the fee type has an applicable end date. Otherwise leave blank. Click the Calendar button to display a calendar, where you can select a date.
Include by Default	Whether this fee type is included by default for this price band.
Account Code	The account code to be associated with the fee type.
Amount Payable	The amount payable for this fee type on this price band.
Overseas Amount	The overseas fee amount payable for this fee type on this price band if applicable.
VAT Rate	The VAT rate for this fee type on this price band.
Funding Year	The funding year to which this fee type applies.
Std Domestic	The standard domestic amount payable for this fee type on this price band.
Domestic FCR	The domestic full cost recovery amount payable for this fee type on this price band.
Foreign	The foreign fee amount payable for this fee type on this price band if applicable.
Fee Calculation Method	The fee calculation method applicable to this fee type on this price band.
GST Rate	The GST rate for this fee type on this price band.
Include in StudyLink	Whether this fee type is included in StudyLink fees.
Allow Refund	Whether this fee type is refundable.
Round To Nearest	The value that fees should be rounded to.
Minimum Value	The minimum value that fees can be when rounded.

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Use price bands to avoid having to change fees each year when rolling forward course occurrences, as the attached price bands are rolled forward along with the course occurrence. This means that setting up a price band with different fees year on year will be of great benefit because there is no need to reattach price bands to every course occurrence each year.

You can use curriculum roll forward with price bands when generating new fee values for new course occurrences. This is helpful when using price bands in order to save having to manually reattach the same price band as last year to all rolled forward course occurrences.

The price bands functionality lets you set up a group of common fee values which apply to many courses. These can then be attached to any number of course occurrences, which inherit their fee value records from the price band.

The curriculum roll forward process, when considering fee value records, is able to auto-generate from attached price bands, and then copy any other (that is: non-price band) fee values across from the original course occurrence to the new course occurrence.

You can also select from the following options when rolling forward course occurrences:

• Copy manually added fees - copy all manually added fee values across from the original course occurrence to the new course occurrence

  Note: This option copies fees only (that is: no price bands are used).

• Apply existing price bands - use the price bands attached to the original course occurrence to generate fee values for the new course occurrence, ignoring any other attached fee values on the original course occurrence

  Note: This option is also used when you want to use the price bands attached to the original course occurrence, but not to copy any other fee value records which were added manually (for example: fee values added to a course occurrence for a specific scenario that are only required for that year, and not applicable to the following year’s course.

• Uplift/downturn manual fees:
  • Copy and uplift all fees by flat rate
  • Copy and uplift all fees by percentage
  • Copy and downturn all fees by flat rate
  • Copy and downturn all fees by percentage

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