Term Sixty PCT Date
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Term Sixty PCT Date is the calendar date in the format MM/DD/YYYY when a given term is 60 percent complete.
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The system uses this date when computing refunds. In the U.S., most academic institutions stop issuing refunds at this point.
Business Rules
Term Sixty PCT Date is set in Term/Session Table based on begin/end dates of Terms and Sessions.
See Also
Definition Source
"Enter the date on which you consider the term to be 60 percent complete. The system uses this date when computing refunds. In the U.S., most academic institutions stop issuing refunds at this point."[1]
References
- ↑ Oracle. PeopleSoft. Campus Solutions. Campus Solutions Application Fundamentals. Establishing Terms and Sessions. Defining Terms, Sessions, and Session Time Periods. Retrieved from: https://docs.oracle.com/cd/F41618_01/cs92pbr21/eng/cs/lsfn/task_DefiningTermsSessionsandSessionTimePeriods-ab5801.html?pli=ul_d38e120_lsfn.