How Does Term Wash Work?

(Doc ID 610012.1)

Last updated on JUNE 02, 2017

Applies to:

PeopleSoft Enterprise CS Student Financials - Version 8.9 and later
Information in this document applies to any platform.

This document was previously published as Customer Connection Solution 698506



Checked for currency August 17 2010.


Goal


 We have set up our Tuition Calculation Controls with a Term Wash Period and a Trans Wash Period of one day.  It was our understanding that if a student drops and adds within the same day, the tuition charges would "Wash".  We are seeing this happen correctly if a student drops a 3 credit hour class and adds a 3 credit hour class.  We are having a problem when a student drops a 4 credit hour class and adds a 3 credit hour class.  The computer is calculating a refund for the 4 credits and charging for the 3 credits instead of washing 3 credits and refunding 1 credit.  Is our setup wrong, or is this the way PeopleSoft intended for it to work?

Solution

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