What is 'credit' in SAP IS-HER-CM - Student Lifecycle Management?

credit - Overview

• Component: IS-HER-CM

• Component Name: Student Lifecycle Management

• Description: A quantitative measure that defines the student learning time required for a module.

credit - Details

• 
  Key Concepts: 
  Credit is a term used in the SAP IS-HER-CM Student Lifecycle Management component to refer to the amount of money that a student owes for tuition and other fees. It is calculated based on the student's enrollment status, course load, and other factors. Credit is tracked in the system and can be used to determine a student's financial aid eligibility. 
  How to Use It: 
  In order to use credit in SAP IS-HER-CM Student Lifecycle Management, administrators must first set up the system to track credit. This includes setting up the appropriate parameters for calculating credit, such as enrollment status, course load, and other factors. Once this is done, administrators can view a student's credit balance in the system and use it to determine their financial aid eligibility. 
  
  Tips & Tricks: 
  It is important to keep track of a student's credit balance in order to ensure that they are not overcharged for tuition or other fees. Additionally, administrators should regularly review the parameters used for calculating credit in order to ensure that they are up-to-date and accurate. 
  
  Related Information: 
  For more information about using credit in SAP IS-HER-CM Student Lifecycle Management, please refer to the official SAP documentation. Additionally, administrators can contact their local SAP support team for assistance with setting up and managing credit in the system.