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Purpose: Understand best practices for lowering an invoice other than by receiving a paymentusing discounts, pro-rates and scholarships

Best Practices & Notes

  • Non-payment methods for lowering an invoice:

    • Discount

    • Pro-rate

    • Scholarship

  • Description:

    • Discount: a deduction from the cost of registration

    • Pro-rate: to reduce the total amount of an invoice due to a portion of a program being missed

    • Scholarship: financial aid or athletic scholarship to help pay for a program

  • Recommended Use:

    • Discount: usually relationship-related

    • Pro-rate: participant only playing part of the program

    • Scholarship: giving money for financial need

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