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LakerCard Fee Use Update

The November 2013 update introduces comprehensive information regarding the LakerCard fee usage. This versatile card serves multiple functions, including identification, LakerBucks for flexible spending, and meal plans with Dining Dollars. Additionally, it provides library access, facilitates financial aid management, and allows for book purchases. Users can also enjoy printing, copying, vending, laundry services, access to fitness centers, and event participation. Stay informed on how the LakerCard enhances campus life and supports students' needs.

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LakerCard Fee Use Update

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  1. LakerCard Fee Use Update November 2013
  2. LakerCard Functions Identification LakerBucks (flexible spending) Meal Plans Dining Dollars Library Access Financial Aid Book Money Copying Printing Vending Laundry Fitness Center Access Event Access Door Access at Clayton Station LakerCard Fee Use Update
  3. LakerCard Center Supports LakerCard program LakerBucks Meal Plans/Dining Dollars Door access Higher One Laundry Copying SmartPrint Vending Faxes and mailing services Collection of various fees Sr. Class Gift Initiative (supports Office of Development) GoGreen Initiatives LakerCard Fee Use Update
  4. Current LakerCard fee $20 per student, per semester LakerCard Fee Use Update
  5. Use of the LakerCard Fee - Funds operation of LakerCard program - Software licensing - Hardware maintenance - Card supplies - Staff salaries and operating expenses Supports the expansion of card services across campus Provides reserve funds for renewal and replacement of system hardware Funds the maintenance and renovation of LakerCard Center facilities LakerCard Fee Use Update
  6. New LakerCard Services Log in using CSUnetwork credentials 24-hour access Make deposits with a credit card Deposits post immediately Check account balances View transaction histories Guest access for deposits LakerCard Fee Use Update
  7. New LakerCard Services LakerCard Mobile Available on all mobile platforms Make deposits to LakerBucks Check balances View transaction log Report your card lost Search for: ‘Blackboard Transact Mobile’ in the App Store or Google Play Store Select ‘Clayton State University’ Clayton State University LakerCard Fee Use Update
  8. New LakerCard Services LakerCard Fee Use Update 5% discount is automatically deducted from the displayed price. View your savings at www.lakercard.com and go to LakerCard Online
  9. Revenues for FY2013 Student Fees: $328,268 (includes waivers for dual-enrolled students) Lost Card Fees: $5,635 Other Revenue: $45,423 Total Revenue: $379,326 Revenue Variances for FY2013 LakerCard Fee Use Update Variances in revenue compared to prior FY because: increased number of fee waivers for all dual enrolled students half of summer enrollment revenue deferred to FY2013 ‘Other Revenue’ includes collection of abandoned LakerBucks deposits (unused balances greater than 18 months old)
  10. Expenses for FY2013 Personal Services (salaries and benefits) LakerCard Center: $129,225 Operating Expenses: $171,500 License and Maintenance Supplies Repairs Utilities Overhead and allocations Employee Travel $4,759 Equipment $0 Total Operating Expenses $305,484 LakerCard Fee Use Update
  11. Expense Variances for FY2013 Variances in expenses compared to prior FY because: personal services lower because of reallocation of salaries Auxiliary Services Administration higher due to salary allocation adjustment LakerCard Fee Use Update
  12. Anticipated reserve balance at the end of FY2013 Total Revenue: $379,326 Total Operating Expenses $305,484 Net income before adjustments $73,842 Prior year fund balance ($24,572) Total reserve balance $49,270 LakerCard Fee Use Update
  13. Anticipated budget changes for FY2014 Increased software licensing (annual increase) Additional licensing for online card management Payroll variances due to staffing changes LakerCard Center renovations (one-time expense) LakerCard Fee Use Update
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