Payment Plans
You can create and manage existing payment plans by going to Institution Config / Students / Plans. These plans allow you to set up structured payment schedules that can be assigned to Prospects or Students, helping you track and manage student accounts more efficiently. Each plan can be configured based on either:
- Absolute amounts – Fixed dollar values for each installment
- Percentage of Total – Portions based on the total invoice amount
Once configured, payment plans are available to apply when creating invoices or contracts, making it easy to standardize how and when payments are collected.
To access existing payment plans, go to Institution Config / Students / Plans. Each plan listed shows its name and amount type (Absolute or Percentage of Total). Click the (+) expansion icon next to any plan to view its full breakdown, including the individual payment items, their amounts or percentages, and their due dates.
This view is helpful for reviewing or referencing how a payment plan is structured without editing it.
Click New Payment Plan to begin creating a new structure.
In the modal, enter a Plan Name and select the Amount Type:
- Absolute – Fixed dollar amounts
- Percentage of Total – Amounts that scale with the invoice total
Click Add to save the plan. The new plan will appear in the list. Click the Add Item icon to begin adding installments.
For each item, enter:
- A description
- An amount or percentage (depending on the selected plan type)
- The number of days/weeks/months after the previous payment when this installment should be due
Then click Add to save the item.
Repeat for each installment until the Payment Plan is complete. For Percentage Plans, make sure the total equals 100% — you’ll see a yellow warning if it doesn’t.
Once complete, the plan is ready to use when invoicing or creating contracts for Prospects or Students.