Commission Engine

A calculator and reference guide for commission terms.

Fee Calculator
Enter fee details to see how commission is calculated for each term.
Calculation Results
Based on a 15% commission rate.
TermCommissionable AmountCommission Payable
On Full Fee$15,000.00$2,250.00
On Nett Fee$13,000.00$1,950.00
On Fees Paid$10,000.00$1,500.00
Semester Wise$10,000.00$1,500.00

Commission Term Definitions

Reference guide for how each term is calculated.

On Full Fee

Commission is calculated on the total course fee before any scholarships or discounts are applied. This term is less common.

Example

Course Fee: £15,000, Scholarship: £2,000. The commissionable amount is £15,000.

On Nett Fee

Commission is calculated on the course fee after deducting any scholarships or discounts. This is a very common term.

Example

Course Fee: £15,000, Scholarship: £2,000. The commissionable amount is £13,000.

On Fees Paid

Commission is calculated only on the amount of tuition fees the student has actually paid to date. This often involves rollover payments.

Example

Course Fee: £15,000, Fees Paid: £10,000. The commissionable amount is £10,000. Commission on the remaining £5,000 is paid later.

Semester Wise

Commission is paid in installments based on the student's progression through semesters. This calculation can be complex and is often a variation of "On Fees Paid".

Example

A university pays 50% of the total commission after the student completes Semester 1, and the remaining 50% after Semester 2 starts.