FAQs for Online Payments
What is e~Funds for Schools? e~Funds for Schools is an online payment service offered by Magic-Wrighter, Inc., a third-party service provider for electronic transactions and online payments (www.efundsforschools.com). e~Funds for Schools can be utilized for one-time payments or recurring payments, making it a great option for budgeting out your tuition payments or contributions to the school.
Can I determine the specific date a payment comes out of my account? Yes, the website allows you to determine when and how often a payment should post to your checking or savings account.
How much does it cost to participate? There is no direct cost to the parent to use the e~Funds for Schools program. Eastside absorbs a small per transaction fee for each payment plus a monthly subscription fee. However, just as with paper checks, NSF fees may apply if you have overdrawn your checking account.
Is my payment account information kept confidential? All transactions are secure and utilize the latest encryption and required security standards. Account information is masked within e~Funds for Schools. No one is able to see the full account number after it is initially keyed in.
Is e~Funds for Schools regulated by any payments security standards? An SSAE-16 Type II audit is conducted annually on e~Funds for Schools’ data center (Magic-Wrighter, Inc.), including a Risk Assessment Audit, IT Security Audit, and a Financial Audit. e~Funds for Schools is in full compliance with all electronic payments regulations, and a copy of this audit information may be obtained by the school.
Can I make changes to my electronic payment schedule? Yes; changes to your payment schedule can be made at any time from the e~Funds for Schools website. You may delete a pending transaction that has not yet posted to your checking or savings account, or make modifications to a recurring payment schedule.
If I’m enrolled in the e~Funds program, may I still use paper checks? You may still submit paper checks for payment at any time.
How will I know if my payment is processed? The program will email you each time a payment is being processed. You may also log in to the e~Funds website to view your transaction history and pending payments. Additionally, it is advised that you check your bank account to ensure the payment was debited correctly.
Go to Eastside's Secure E-Funds Site
Can I determine the specific date a payment comes out of my account? Yes, the website allows you to determine when and how often a payment should post to your checking or savings account.
How much does it cost to participate? There is no direct cost to the parent to use the e~Funds for Schools program. Eastside absorbs a small per transaction fee for each payment plus a monthly subscription fee. However, just as with paper checks, NSF fees may apply if you have overdrawn your checking account.
Is my payment account information kept confidential? All transactions are secure and utilize the latest encryption and required security standards. Account information is masked within e~Funds for Schools. No one is able to see the full account number after it is initially keyed in.
Is e~Funds for Schools regulated by any payments security standards? An SSAE-16 Type II audit is conducted annually on e~Funds for Schools’ data center (Magic-Wrighter, Inc.), including a Risk Assessment Audit, IT Security Audit, and a Financial Audit. e~Funds for Schools is in full compliance with all electronic payments regulations, and a copy of this audit information may be obtained by the school.
Can I make changes to my electronic payment schedule? Yes; changes to your payment schedule can be made at any time from the e~Funds for Schools website. You may delete a pending transaction that has not yet posted to your checking or savings account, or make modifications to a recurring payment schedule.
If I’m enrolled in the e~Funds program, may I still use paper checks? You may still submit paper checks for payment at any time.
How will I know if my payment is processed? The program will email you each time a payment is being processed. You may also log in to the e~Funds website to view your transaction history and pending payments. Additionally, it is advised that you check your bank account to ensure the payment was debited correctly.
Go to Eastside's Secure E-Funds Site