Chapter 5

Is tuition collected up front really my money yet?

Tiền học phí đã thu có thật là tiền của mình?

The chapter's question

How much of the money in my account belongs to sessions I have not taught yet?

Big idea

Prepaid fees are money for lessons not yet taught; spending them as profit is borrowing from students without recording it.

In this chapter

  1. Part 5.1

    Prepaid fees are sessions owed

    When a student pays the whole course on day one, how much of that money have I actually earned?

  2. Part 5.2

    Deferrals and refunds by a written rule

    When a student asks to defer or get a refund, which rule do I use, and what does each case cost?

  3. Part 5.3

    The leanest month of the year

    Which month brings in the least money, and can I pay wages that month without touching money for untaught sessions?

  4. Part 5.4

    One page of numbers left for next term

    At the end of each term, which page of numbers do I keep so the next term does not start from scratch?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of The Learning Centre Operator Handbook is free to read right here.

Read in Conan School

Chapters of The Learning Centre Operator Handbook

  1. 1.Is my fullest class also my most profitable one?
  2. 2.Is weak enrolment bad luck, or a leaky step?
  3. 3.Did they leave unhappy, or with nowhere to go next?
  4. 4.Is the highest-paid teacher really the most expensive one?
  5. 5.Is tuition collected up front really my money yet?