Custom Payment Plans are for administrators who would like to have greater control over how payment plans are scheduled. With Custom Payment Plans, you have control over when payments begin, how frequently they occur, and what your students will pay each payment. CourseStorm calculates how long the payments will continue based on the amount and the frequency.
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NOTE: Only registrations that occur at least one full calendar day before your chosen start date will be eligible for the payment plan. If you register a student via your Admin Menu, or if a student registers on your site, less than one full calendar day before your custom payment plan is set to start, or after the start date of the payment plan, the payment plan option will not be presented on the purchase screen. If you would like the payment plan option to be presented to your students regardless of when they register, please use the Standard Payment Plan option. |
How to Set Up a Custom Payment Plan
Navigate to the class you would like to set up the payment plan for and select Edit > Payment Plan and choose Custom Payment Schedule.
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When setting up a custom payment plan, you will need four pieces of information:
A deposit amount (minimum of $1)
An amount for each payment (minimum of $25)
A payment frequency (weekly or monthly)
A start date for payments (The start date can be any date in the future, even after the class has started!)
Once you save your changes, students will be able to register for classes and pay using the payment plan. Just like Standard Payment Plan, a registrants individual payment plan can be modified by an administrator.
Can a student's payment dates be changed after a student has registered with a payment plan?
Yes! An Admin User can reschedule payments on individual student payment plans. Just follow these steps:
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