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Give every student a clear plan and every payer a clear balance

Career colleges enroll by start date, bill on payment plans and juggle students, employers and sponsors paying toward the same balance. With Finli from your bank or credit union, plans run on autopay, documents live on the student record, and tuition settles in the college's account.

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School dashboard with tuition due, cohorts and payment plans
A education program in a sample institution’s brand. Sample data.

What gets in the way

Balances with many parts

Tuition, fees, sponsor payments and refunds all touch one student balance, and each needs a clear ledger entry.

Plans that need follow-up

Students balancing work and school miss installments, and staff time spent chasing payments adds up.

Refunds by the rules

Withdrawals mean refunds calculated under the enrollment agreement and applicable rules, with a record kept.

A week at a career college offering healthcare and IT certificate programs

  1. Start date setA student enrolls in the next cohort, with the enrollment agreement stored on their record.
  2. Payment plan beginsThe balance the student pays directly is split into installments on autopay.
  3. Employer pays a shareAn employer sponsor pays its portion from its own link, against the same balance.
  4. Late installmentAutomatic reminders go to the student by email and text when an installment is past due.
  5. Withdrawal handledIf a student withdraws, a pro-rata refund is calculated from the ledger and the college's policy.
  6. Vendors paidIn early access: pay lab suppliers and contract instructors from the college's account.

Built for career colleges

Tuition payment plans

Installments as recurring invoices on autopay by bank account or card.

Employer and sponsor payers

Employers and sponsors pay their share of a student's balance, with receipts to each payer.

Enrollment and cohorts

Programs, start dates and hours tracked alongside each student's balance.

Student documents

Enrollment agreements, payment plan authorizations and receipts on each student's record.

Refund calculations

Pro-rata refunds calculated from the ledger and the refund policy the college configures.

Automatic reminders

Email and text reminders on missed installments, and a receipt for every payment.

Vendor paymentsIn pilot

Pay suppliers and contract instructors, with W-9s collected and 1099 totals tracked. Now in pilot.

For banks and credit unions

Career colleges collect tuition year-round and hold balances between start dates, which makes them strong candidates for treasury management and sweep accounts. A branded tuition program keeps student, employer and sponsor payments settling at your institution, and graduates starting new careers are natural candidates for their first accounts with you.

Where these businesses grow next

  • Treasury sweep accounts
  • Equipment financing
  • Graduate account packages

Calculates pro-rata refunds from each student's ledger using the refund policy the college configures, and keeps the result with the enrollment agreement.

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Common questions

Can an employer pay part of a student's tuition?
Yes. The education program lets an employer or sponsor pay its share against the same student balance, with a receipt to each payer and the payment recorded on the student's ledger.
Can students set up autopay?
Yes. Each installment can bill as a recurring invoice and the student can turn on autopay by bank account or card. ACH payments are always free.
Where does tuition go?
Every digital payment collected through Finli settles into the college's verified account at its own bank or credit union. Finli is not a bank and does not hold tuition.

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Finli is offered through your financial institution

Banks, credit unions and community lenders offer Finli under their own name, so your payments settle with the institution you already use. Tell us where you bank and we’ll ask them for you.

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