Installments and schedules
Understand how a student's installments are generated from their payment plan.
An installment is one scheduled portion of what a student owes — an amount with a due date. Installments are not created by hand: they are generated when a payment plan is attached to an enrollment.
Who this is for
Administrators who want to understand where a student's balance comes from.
How installments are generated
A plan is attached to an enrollment
When a student is enrolled with a payment plan — or a plan is set on an existing enrollment — the plan's fees become the basis of the schedule.
Each fee expands by its periodicity
Every fee in the plan produces installments according to its periodicity. A monthly fee produces a monthly series across the year; a one-time fee produces a single installment.
The schedule appears on the student
The generated installments — each with an amount due and a due date — show on the student's payment view, grouped by fee.
Reading an installment
Each installment tracks three figures:
| Figure | Meaning |
|---|---|
| Amount due | The scheduled amount for that installment. |
| Amount paid | How much has been collected against it so far. |
| Remaining | Amount due minus amount paid — what is still owed. |
An installment is fully settled when the remaining amount reaches zero.
Changing a plan
If a student's payment plan changes, the schedule is based on the new plan. Always review the resulting installments after a plan change.