Master Data Template Guide - Fee, Fee Schedule and Fee Schedule Term
Master Data Template
Please ensure that you make a copy of the Master Data Template before you start.
Related Tabs |
6 - Fee 7 - Fee Schedule 8 - Fee Schedule Term |
Dependent Data |
Course Academic Program Term |
Object ID |
Fee: rio_ed__Fee__c Fee Schedule: rio_ed__Fee_Schedule__c Fee Schedule Term: rio_ed__Fee_Schedule_Term__c |
Fee
Fees are payments that students owe, usually assigned based on Courses or Programs. Educational Institutions usually have to set up some pre-defined Fee structures. RIO University will also have to set up its Fee structure properly, e.g. you will have Fees for Band 1 to Band 3 Courses, Band 1 to Band 3 Programs, fees for First Aid Certificate, fees for Corporate Program, etc.
There are also online variants of the Band 1 to Band 3 Course/Program Fees, and those online variants will be grouped under the non-online Fees.
Fill in the data as below:
Column | Description |
Name | The fee structure. |
Description | Description of the fee. Can list out the intended Program/Course the fees are for. |
Fee Type |
[ Tuition / Other / Fee Group ] Identify the type of the fee. |
Fee Unit | [ EFTSL / Course / Program / Year / Term / Credit ] The unit in which to measure the fee. |
Loan Fee % | Interest charge percentage by the Educational Institution if student chooses to pay the fee with a government loan. |
Discountable |
[ True / False ] Indicates if the fee is allowed to have a discount funding. |
Non-repeatable |
[ True / False ] Indicates this fee will only have to be paid once. Only used for non-tuition Fee Types. |
Fee Label |
[ None / Online ] Label for a child fee under a parent fee. |
Parent Fee Ext ID | The parent fee of which the current fee is being grouped under. |
Fee Schedule
Inside Fees, there is another Fee Schedule. The purpose of Fee Schedule is to keep the Fee amounts for a Course or Program up to date.
For example, if Course A is priced at $1,000 for 2020, and at $1,250 for 2021, Fee Schedule will indicate $1,000 amount of Fee to be paid, and when 2021 comes around it will update the amount to $1,250. The historical $1,000 fee would still be visible in the related Fee Schedule.
E.g.: RIO University has set the Band 1 - 3 Course Domestic Fee for 2021 to be $343.75, and to increase to $353.75 in 2022.
Similarly, the Band 1 - 3 Program Domestic Fee for 2021 is at $11,000, and is set to increase to $11,500 in 2022.
Insert the data as below:
Column | Description |
Name | Name for the Fee Schedule. |
Fee External ID | Specify the related fee for the Fee Schedule. |
Fee Start Date | Start Date of when the Fee Schedule will be active. |
Fee End Date | End Date of when the Fee Schedule will be stop being active. |
Current |
[ True / False ] Indicates whether the Fee Schedule is the current Fee Schedule being active. |
Fee Amount Domestic | Fee amount for domestic students. |
Fee Amount International | Fee amount for international students. |
Status | [ Draft / Pending Approval / Approved / Rejected ] Approval status for a fee. Requires a Fee Schedule Term to be created in order to mark as Approved. |
Fee Schedule Term
Fee Schedule is linked to Term. Fee Schedule Term allows the backend automation to identify the correct Term for Fee Schedule. For example, RIO University's Band 1 Course 2021 is offered in Semester 1 2021. When specified in Fee Schedule Term, the correct Fee for that Semester will be found through this.
Fill in all related data as below:
Column | Description |
Fee Schedule External ID | Specify the correct Fee Schedule. |
Term External ID | Specify the Term the Fee Schedule belongs to. |
Related Article
For more information on Fee, head here.