Enable Installment Plans for Membership Packages

Installment plans allow your members to spread the cost of their membership over time. This is a great option when:

• You want to eliminate the barrier for student members who aren't financially able to pay for their membership upfront
• Corporate members want to break up significant commitments to your association over time
• Lifetime members who would rather make payments in intervals
• Any time you want to provide economic relief to your members

Once you have configured your installment plans in the Financial + Billing app, you can apply them to Membership Packages.  

1. Navigate to the Membership + Committees app.
2. In the left toolbar, select Setup, then Membership, and then Packages.
3. Click the Create Membership Package button to create a new package or click the pencil icon to edit an existing package.
4. Scroll down to the Installment Plans section and click the enable button.
5. Select which installment plans should be available for this package. You can choose multiple
6. Click the Make Default Option button to set an installment plan as the default payment setting. If you do not set a specific installment plan as the default, then the member will be prompted to pay for their entire purchase upfront unless they select an installment plan on their own.
7. Optionally, you can choose to charge an additional fee when someone pays in installments. 
8. Once everything is set, click the Save Changes button at the bottom of the page.

Note: By default, membership dates update when the invoice is paid in full, and membership information updates immediately. You can change these settings in the Membership & Renewal Information section, then choose from the drop-down options under these two fields:

• When should the membership dates be updated?

• When should the membership information be updated?

Payments are calculated against the total invoice amount. If there are multiple items on the invoice, the percentage or amount paid are not based solely on the membership package.