How Institutions Can Record Concessions and Waived Instalments
Applying a discount to one student on rigid software often requires creating a whole new fee group, multiplying administrative workload.
Rigid fee software struggles with individual student scholarships
When schools offer 25% sibling discounts or full merit waivers, rigid systems force accountants to maintain messy offline discount ledgers.
Adjust or waive individual student instalments with one click
Open the specific student's instalment schedule within the fee group.
Click Edit on the target instalment to apply a partial discount or concession.
Alternatively, click 'Waive Instalment' to mark the fee completely forgiven.
The student's ledger displays the official 'Waived' badge, reducing their balance to zero.
Put it into practice
Example: Applying a 50% merit scholarship waiver
An admin waives the final two instalments for a top-performing scholarship student, clearly logging the concession on her official school record.
Worth checking first
- Waived instalments require administrative confirmation and leave an audit log.
- Master fee group parameters for other students remain completely untouched.
How EduVetta helps
EduVetta supports flexible student-level fee concessions and waivers, letting schools manage scholarships and discounts effortlessly.