Fees & finance
Fee waivers and discounts
Apply partial or full waivers, sibling discounts, and staff concessions on fee instances.
This fees & finance guide covers school fee waiver management for K-12 day schools. Whether you are evaluating cloud school management software or configuring Schoolyi after go-live, you will find practical steps for tuition discount schools, sibling fee concession - written for administrators and staff, not developers.
Last updated August 27, 2026
Waivers adjust student fee instances while preserving audit history. Finance staff apply concessions with reason codes; receipts reflect net amounts collected.
- Waiver on instance - reduces due amount before payment
- Sibling/staff policies - configure in fee rules where supported
- Audit - original structure remains; waiver logged on instance
- Receipts - show gross, waiver, and net paid
Common questions
Quick answers in plain language.
What is school fee waiver management?+
Apply partial or full waivers, sibling discounts, and staff concessions on fee instances. This is a core topic in Fees & finance on Schoolyi.
How do I set up fee waivers and discounts in school management software?+
Follow the steps in this guide during structures, collection, receipts, and budgets. Start with getting-started docs if you are new to Schoolyi, then apply the workflows here for your school year.
Who manages fee waivers and discounts at a typical K-12 school?+
Usually fees & finance and front-office staff responsible for school fee waiver management. Teachers and finance may have scoped access depending on your role configuration.
Does Schoolyi support tuition discount schools?+
Yes. Schoolyi is a cloud school management system (SMS) with connected modules on one student roster and academic calendar. See related guides below or contact us for a demo focused on school fee waiver management.
Related topics and buyer guides
Related searches
School leaders and IT teams often search for: tuition discount schools, and sibling fee concession.
More in this section
- Fee collection flow
Fee types, structures, student instances, payments, receipts, waivers, transport fees, and online pay.
- Online payments and dunning
Simulated or optional Razorpay pay, autopay, dunning, GST, refunds, waivers, and cron.
- Finance and payroll
Budgets, expenses, vendor three-way match, cash flow and collection forecast, payroll runs.
- Fee administration
Fee types, structures, schedules, bulk generation, transport TRN, and class summaries.
Buyer guides
School software terms
school management system (SMS) · student information system (SIS) · school ERP · parent portal · full glossary · Ask Schoolyi