Set Up Deposit Policy

The deposit policy defines the amount charged to fee payers at enrolment or re-enrolment, before the full fee schedule is generated. Deposits can be configured as either a fixed amount or a percentage of the annual tuition fee linked to the relevant academic year.

1. Create deposit policy records

   From the FNO dashboard, open Modules ▸ Academic management, expand Setup, and click Deposit policy. Click New in the toolbar and complete the following:

   • Pre-admission type (④) — select the appropriate deposit from the dropdown.
   • Deposit type (⑤) — select Percent or Fixed.
   • Value (⑥) — enter the deposit amount or percentage for the selected type.

   Repeat for each deposit type that needs to be set up.

   

2. Save

   Click Save (⑧).