To make it easier for families to pay over time, you may set up any of your programs to automatically charge a credit card up to two additional, pre-defined payments.
1. How is it Setup?
When creating your programs in Manage Programs, check the Deferred box next to each program that you wish to enable a payment plan for, and hit Submit.
After creating these programs, you will notice a new Deferred button next to the Clone button for these programs. Click this to adjust the payment plan for this particular program.
You have a choice of two or three total payments. To use only two payments, do not enter the 2nd (middle) payment date or amount. To use 3 payments, fill in all fields.
2. How Does it Work?
When a family gets to the checkout screen, they will see if there is a payment plan option available. (If a family prefers to pay by check or fee waiver, they will not be offered the payment plan.)
3. What does it cost?
There is a $5 deferred billing fee added to the parent's first payment, to cover maintenance of the deferred billing system. An email is sent automatically to the families reminding them that their credit card will be charged with the date and the amount.