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Fee Plans & Concessions

Design reusable fee plans, configure flexible instalment schedules, and apply merit scholarships and sibling concessions.

Defining Fee Plans

Configure recurring or program-level fee structures at /tutor/fee-plans. Examples include:

  • Lump-Sum Single Payment: E.g., β‚Ή25,000 upfront with early-bird discount.
  • Monthly Recurring Tuition: E.g., β‚Ή2,500 due on the 5th of each month.
  • Quarterly / Milestone Instalments: 3 instalments timed before major test cycles.

Instalment Schedules & Due Dates

Click Create Fee Plan and specify:

1
Total Course Fee
Enter the base tuition amount, plus optional components like Registration Fee, Study Material Fee, or Lab Fee.
2
Instalment Breakdown
Split into 1, 2, 3, or N instalments with custom percentage or flat values and due dates (e.g. 40% on Admission, 30% after 60 days, 30% after 120 days).

Scholarships & Concessions

Reward academic excellence or accommodate financial hardship without corrupting your base pricing:

  • Merit Scholarship: E.g., 20% tuition waiver for scoring >90% in school exams.
  • Sibling Discount: Fixed discount for families with multiple enrolled children.
  • Staff Concession: Custom adjustment for children of institute employees.

Discounts require administrator approval and are permanently recorded in the financial audit log at /tutor/audit-logs.

Assigning Plans to Students

When admitting a student, select their designated fee plan. Acadiom Tutor automatically generates future instalment ledger rows with specific due dates, visible in the parent portal.

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