How to use the College Fee Installment Planner
- 1. Enter the feeFee for the year, any scholarship or concession and the amount already paid.
- 2. Set the installmentsNumber of installments, first due date, months between them and an equal or custom split.
- 3. Get your scheduleSee each due date and amount, the monthly saving for each and a calendar file.
How the schedule is built
Balance to pay = fee − scholarship − amount already paid. The balance is split into installments, either equally or by the percentages you enter (they must add up to 100). Amounts are rounded to whole rupees, and any leftover rupee goes to an installment so the total matches exactly.
Due dates start on your first date and repeat every set number of months. If a date falls on a day the month does not have, like 31 in a 30-day month, it moves to the month's last day. Save from today = installment ÷ months left until its due date.
Worked example
The fee is ₹1,80,000 and you have paid ₹20,000, so ₹1,60,000 is left. In three equal installments, ₹1,60,000 ÷ 3 = ₹53,333.33, which rounds to ₹53,334, ₹53,333 and ₹53,333.
If the first is due on 15 December with 3 months between them, the others fall on 15 March and 15 June. With about a month to the first date, you need to have ₹53,334 ready by then, while the second needs about ₹13,300 a month over four months. A 50, 30, 20 split would instead give ₹80,000, ₹48,000 and ₹32,000.
Check with your college
Colleges set their own rules on installments, due dates and late fees. Ask the accounts office whether your split is allowed and what the late fee is, and enter it to see what a week's delay would cost. Keep every receipt. If you are using a loan, plan repayments with the education loan EMI calculator.
Frequently asked questions
Can I choose my own installment amounts?
Yes. Choose 'My own % split' and enter one percentage per installment, adding up to 100.
What does the calendar file contain?
An all-day reminder on each due date with the amount. Import it into Google Calendar or open it on your phone.
Does my college allow installments?
That depends on the college. Check with the accounts office before you rely on this plan.
Is it free?
Yes. You enter your name and WhatsApp number once to see the schedule, and other Uncodemy tools then open without the form.