AI Scholarship & Fee Concession Planner
Write your institute's concession rules once, add students, and instantly see who qualifies for what, the final fee for each student, and how much the whole scheme costs you.
1. Fee & stacking rule
2. Merit slabs (marks %)
3. Family income slabs (₹ per year)
4. Category concessions (%)
5. Students (3)
Result
| Student | Qualifies for | Applied | Concession | Payable |
|---|---|---|---|---|
| Aarav | Merit ≥95% (50%), Sibling (10%) | 50% | ₹42,500 | ₹42,500 |
| Diya | Merit ≥80% (10%), Income ≤₹2,50,000 (30%), Single girl child (10%) | 30% | ₹25,500 | ₹59,500 |
| Kabir | Income ≤₹5,00,000 (15%), Staff ward (25%) | 25% | ₹21,250 | ₹63,750 |
- Concessions cost 35.0% of fee revenue for this group. Many institutes set an annual limit; lowering the cap or switching to "highest only" would reduce this.
- Every student on the list gets a concession. Check that merit and income slabs are not too generous.
Apply approved concessions to every student's fee automatically
- Concession saved per student and fee head
- Reminders and receipts show the reduced amount
- Scholarship report for management anytime
- Free for up to 10,000 students
How to use the AI Scholarship & Fee Concession Planner
- STEP 1Enter the annual feeUse the fee the concession applies to, usually tuition only.
- STEP 2Set your rulesMerit and income slabs, flat concessions, stacking mode and maximum cap.
- STEP 3Add studentsAdd rows one by one, or paste a list as CSV (name, marks %, family income).
- STEP 4Review the impactSee who qualifies, each student's final fee and the total cost of the scheme.
How to run a scholarship scheme that stays within budget
Institute scholarships work best when the rules are published before applications open. Students and parents then know what they qualify for, and the committee spends its time verifying documents instead of negotiating.
The most common budget mistake is letting every concession stack. A meritorious younger sibling from a staff family can easily end up paying almost nothing. Decide upfront whether only the highest concession applies, or whether they add up to a maximum, such as 50% of tuition.
Government scholarships (for example those on the National Scholarship Portal or state portals) have their own eligibility and are paid by the government, so track them separately from your own concessions. This planner is for the concessions your institute funds.
After approval, apply concessions in your fee system so each student's demand, reminders and receipts show the reduced amount. FastFee stores concessions per student and fee head, so reminders never ask for the full fee by mistake.
Frequently asked questions
What is the difference between a scholarship and a fee concession?
In most institutes a scholarship is merit or need based and reviewed each year, while a concession is a fixed category discount such as sibling or staff ward. This planner handles both as percentage rules on the fee.
Should scholarships stack with sibling discount?
It is your policy choice. Many institutes apply only the highest concession, or allow stacking up to a cap such as 50%. The planner lets you test both and shows the budget difference.
How much of fee revenue should go to scholarships?
It depends on your finances and goals. Many private institutes track the total concession as a share of gross fee revenue and set an annual limit. The planner shows this share so the committee can decide.
Does this check government scholarship eligibility?
No. Government schemes have their own rules and portals. This tool applies the rules your institute sets for the concessions it funds.
Can I add many students at once?
Yes. Paste rows in the format name, marks %, family income (one student per line), then tick sibling or other categories per student.