Handling OSHC and Visa Fees with Qualy

Handling OSHC and Visa Fees

Let’s say you’re managing student payments, including OSHC (Overseas Student Health Cover) and visa fees, which the student pays directly to you, not the school. There are several ways to handle this in Qualy. The best approach is to create a separate Partnership for these fees.

Setting up a Partnership for Additional Fees

1. Create a new Partnership: In your Qualy account, create a new partnership. You can name it something descriptive, like “OSHC,” “Visa Fees,” or “Student Expenses.”

2. Define Payment Allocation: For this new partnership, specify how the payment should be allocated. For example, you might keep 100% of the payment if it is for OSHC or visa fees that you are managing directly.

Tip: Creating separate Partnerships helps you keep your finances organized and easily track payments for different purposes.

3. Link the Partnership: When you create a new payment for OSHC or visa fees, select this new Partnership as the recipient instead of the school’s partnership. This tells Qualy to send the funds to your designated account for these specific expenses.

Managing Various Expenses

You can use this method to manage many student-related expenses, such as:

• OSHC
• Visa fees
• Accommodation costs
• Tourism packages
• Air tickets
• Immigration lawyer fees

Tip: Consider this setup, especially for first payments which often include various fees and require more complex payment routing.

Benefits of Using Qualy

Qualy makes managing these diverse payments straightforward. You can send different portions of a single student payment to various recipients (your bank account, the school, sub-agents, etc.), all within a single, unified system. This helps keep your finances organized and reduces manual effort significantly. For example, you could process a student’s EUR 2000 payment in a way that allocates EUR 1500 to the school, and EUR 500 to your OSHC partnership.