Announced in a news release earlier this month, the deal gives the Nebraska-based company a new foothold in financial technology, an area of growing importance for schools since the transition to digital services has shifted a long list of student and staff expenses to online payment systems. As a result of the acquisition, TuitionEP's tuition billing, payment tracking and financial aid management features will be accessible to Sycamore clients through its student information system.
Sycamore CEO Ryan Lowe said the integration is a response to demand for a more unified platform.
“We're not just making payments easier,” he said in a public statement. “We're making the entire school management process smarter, faster, and more connected."
According to the news release, the addition of TuitionEP offers platform users automated tuition processing, integrated financial aid alongside student records, a hub for unified academic and financial data as well as messaging tools in one platform, and mobile payments that allow families to pay and receive money instantly.
For administrators, the merger may reduce the need to manage multiple platforms for attendance, grades, billing and aid distribution. At the district or network level, oversight features could give leaders a clearer view of finances across multiple campuses.
“Innovation has always been at the heart of Sycamore’s mission,” the company's founder Glen Ellis said in a public statement. “This acquisition is more than just an expansion of our capabilities — it’s a step forward in redefining how schools manage tuition and financial operations.”
