Default Payment Plans: per-institution rules
Last updated: May 6, 2026
Default Payment Plans support per-institution rules: different schools can have different payment terms in dedicated templates. Best practice: one template per major institution. Edit/delete from Settings > Company > Payment. Changes apply to new quotes only.
Apply different payment plan rules per school or institution.
When to use
- A specific school requires unique payment terms (e.g. 50% deposit + 2 installments).
- Different institutions have different cancellation/refund policies that affect payment timing.
- Compliance with institution-specific contractual terms.
How to set up
Within a Default Payment Plan template:
- Configure per-institution rules during template creation.
- Multiple templates can be created for different institutions or program types.
Best practice
- Create one template per major institution or program type.
- Use clear, descriptive names that reference the institution.
- Document the specific rules for compliance auditing.
Editing or deleting templates
In Settings > Company > Payment > Default Payment Plans:
- Click a template to edit.
- Use the delete option to remove obsolete templates.
Changes to templates apply to new quotes only — existing quotes retain their original plans.