Payment models

In the eduSky system we have defined the following models of settlements with students.

• Settlement based on own price - student settlement is based on a fixed price not assigned to a specific course.
  This means that we can, e.g. offer regular courses with prices defined especially for them.
  Payment can be made as a one-off or installment payment with own payment plan or with evenly distributed intallments.

• Payment based on the annual fixed price of the course / service - student settlement is based on the agreed price of the course and the number of classes in the school year.

           So you can define several prices for one course, because the price will be different for a student    
           starting education, e.g. in September, and the price for a student starting education in October.
           Payments aremade in this model as a one-off or installment payment.

• Hourly settlement based on attendance - the student is settled based on the defined rate for classes and the number of classes falling for a given period of time (e.g. during the month) in which the student was present. Thus, the amount of the monthly payment is determined at the end of the month based on the completed attendance.
  
  
• Hourly settlement based on the number of classes per month - student's settlement is based on for a defined hourly rate for classes and the number of classes per month.

          The price per hour of classes is determined in the rates of groups and students, and the amount of
          monthly payments of the contract is determined after the student is assigned to the group and
          choosing the option of generating payments under the contract.

• Settlement based on a framework agreement - student settlement is based on a framework agreement signed e.g. with a company under which student is charged.

• Settlement based on own price - student settlement is based on a fixed price not assigned to a specific course.
  This means that we can, e.g. offer regular courses with prices defined especially for them.
  Payment can be made as a one-off or installment payment.

• Permanent periodic payments - the student's settlement is made on the basis of established payments on fixed days of the following months.