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Fees & finance

Fee Concession / Waiver

A fee concession or waiver is a full or partial reduction in the fees a student would normally pay, granted for reasons such as sibling discounts, staff wards, merit scholarships or economically weaker section (EWS) admissions under RTE. It is applied against the standard fee structure for that student. School software records the concession so the reduced amount reflects on every invoice and report.

In short

A reduction or exemption in fees granted to a student, such as staff wards, siblings or EWS cases.

Why it matters

A concession is a standing reduction in expected revenue for one student, so it must be approved once, recorded against that student, and reflected in every invoice, receipt and outstanding report — not applied by hand each term. Accounts owns the ledger; the principal or trust owns approval. Untracked concessions produce phantom defaulters and a year-end reconciliation nobody can close.

In practice

  • Define concession types up front — staff ward, sibling, merit, single parent, hardship — each with a named approver and the evidence required.
  • Record the sanctioning authority, date, percentage or amount, the fee heads it applies to, and the period it covers.
  • Apply the concession at the student level against the fee structure so recurring invoices generate net of it, rather than adjusting receipts afterwards.
  • Keep statutory RTE seats separate from discretionary concessions; they are reimbursed by the state and claimed differently.
  • Review concessions at the start of each academic year, since sibling, staff-ward and merit grounds lapse when the qualifying condition ends.

Common mistakes

  • Applying concessions as ad-hoc receipt adjustments, so defaulter lists and outstanding reports overstate what is actually due.
  • Granting concessions verbally; the basis becomes unrecoverable once the approving principal moves on.
  • Booking a reimbursed RTE seat as a school-funded concession, which distorts both the fee ledger and the reimbursement claim.

Common questions

Is an RTE 25% seat the same as a fee concession?

No. Under Section 12(1)(c) of the RTE Act 2009, private unaided schools must admit at least 25% of the entry class from economically weaker sections and disadvantaged groups. Section 12(2) provides for state reimbursement, limited to the state's per-child expenditure or the amount the school charges, whichever is less. A concession is discretionary and school-funded.

How should a concession appear on a fee receipt?

Show the gross fee by head, the concession as its own named line with the type, and the net payable. Parents and auditors both need to see what was charged and what was reduced. Printing a quietly lower tuition figure instead makes reconciliation, and any later dispute, considerably harder to resolve.

Can a fee concession be withdrawn part-way through the year?

Only on the terms it was granted. A concession tied to a condition — a sibling still enrolled, a parent still employed by the school, a marks threshold — should state that condition and its review point in the written sanction, so any change is a documented review rather than a surprise bill to the parent.

How schools automate this

Edutris tracks every student’s dues against the fee structure, takes online payments and issues receipts automatically.

Run your school on Edutris

Admissions, attendance, fees, report cards and a parent app — simple tiers from ₹2,999/month, no per-student add-ons.

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