Non-Profit
Tuition Discount (Scholarship/Fellowship)
Recording a scholarship granted to a student in an NGO-run school or university.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Tuition Discount (Scholarship Allowance) | Contra-Revenue (+) | 5,000.00 | - |
| Student Accounts Receivable | Asset (-) | - | 5,000.00 |
💡 Accountant's Note
Scholarships are not expenses; they are 'allowances' that reduce the gross tuition revenue to the net amount the school actually expects to collect.
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