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Tuition Express Bank Holidays – 2012

Following are the 2012 Federal Holidays, on which banks are closed and Tuition Express will not process batch payments.  Point-of-Sale, Online Payments and Payments at Check In may all be initiated on these dates, but settlement for those transactions will all be affected by bank closures.

January 2, 2012 – Monday – New Year’s Day Observance

  • All banks are closed on January 2, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, December 29, 2011 will hit parent accounts on Friday, December 30, 2011 – settlement should occur by Tuesday, January 3, 2012
  • Batch transactions processed on Friday, December 30, 2011 will hit parent accounts on Tuesday, January 3, 2012 – settlement should occur by Wednesday, January 4, 2012

January 16, 2012 – Monday – Martin Luther King Holiday

  • All banks are closed on January 16, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, January 12, 2012 will hit parent accounts on Friday, January 13, 2012 – settlement should occur by Tuesday, January 17, 2012
  • Batch transactions processed on Friday, January 13, 2012 will hit parent accounts on Tuesday, January 17, 2012 – settlement should occur by Wednesday, January 18, 2012

February 20, 2012 – Monday – President's Day

  • All banks are closed on February 20, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, February 16, 2012 will hit parent accounts on Friday, February 17, 2012 – settlement should occur by Tuesday, February 21, 2012
  • Batch transactions processed on Friday, February 17, 2012 will hit parent accounts on Tuesday, February 21, 2012 – settlement should occur by Wednesday, February 22, 2012

May 28, 2012 – Monday – Memorial Day

  • All banks are closed on May 28, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, May 24, 2012 will hit parent accounts on Friday, May 25, 2012 – settlement should occur by Tuesday, May 29, 2012
  • Batch transactions processed on Friday, May 25, 2012 will hit parent accounts on Tuesday, May 29, 2012 – settlement should occur by Wednesday, May 30, 2012

July 4, 2012 – Wednesday – Independence Day

  • All banks are closed on July 4, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Monday, July 2, 2012 will hit parent accounts on Tuesday, July 3, 2012 – settlement should occur by Thursday, July 5, 2012
  • Batch transactions processed on Tuesday, July 3, 2012 will hit parent accounts on Thursday, July 5, 2012 – settlement should occur by Friday July 6, 2012

September 3, 2012 – Monday – Labor Day

  • All banks are closed on September 3, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, August 30, 2012 will hit parent accounts on Friday, August 31, 2012 – settlement should occur by Tuesday, September 4, 2012
  • Batch transactions processed on Friday, August 31, 2012 will hit parent accounts on Tuesday, September 4, 2012 – settlement should occur by Wednesday, September 5, 2012
 October 8, 2012 – Monday – Columbus Day
  • All banks are closed on October 8, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, October 4, 2012 will hit parent accounts on Friday, October 5, 2012 – settlement should occur by Tuesday, October 9, 2012
  • Batch transactions processed on Friday, October 5, 2012 will hit parent accounts on Tuesday, October 9, 2012 – settlement should occur by Wednesday, October 10, 2012

November 12, 2012 – Monday – Veteran’s Day

  • All banks are closed on November 12, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Thursday, November 8, 2012 will hit parent accounts on Friday, November 9, 2012 – settlement should occur by Tuesday, November 13, 2012
  • Batch transactions processed on Friday, November 9, 2012 will hit parent accounts on Tuesday, November 13, 2012 – settlement should occur by Wednesday, November 14, 2012

November 22, 2012 – Thursday – Thanksgiving

  • All banks are closed on November 22, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Tuesday, November 20, 2012 will hit parent accounts on Wednesday, November 21, 2012 – settlement should occur by Friday, November 23, 2012
  • Batch Transactions processed on Wednesday, November 21 will hit parent accounts on Friday, November 23, 2012 – settlement should occur by Monday, November 26, 2012

December 25, Tuesday – Christmas

  • All banks are closed on December 25, 2012 and Tuition Express will not process batch payments
  • Batch transactions processed on Friday, December 21, 2012 will hit parent accounts on Monday, December 24, 2012 – settlement should occur by Wednesday, December 26, 2012
  • Batch transactions processed on Monday, December 24, 2012 will hit parent accounts on Wednesday, December 26, 2012 – settlement should occur by Thursday, December 27, 2012