The Proration / Pro Rate option in Swim Manager affects two different payment types:
 
  1. Pay-in-full: Pro-rated price charged to registrant is based on entire length of program
  • Note: Formula is- Total Cost of Program X (Days Remaining in Program / Total Days in Program)
  • Example: If registering for program starting March 1st and ending July 1st with total cost of $400 registering on March 20th, cost is: $400 X (103 days remaining in program / 122 total days in program) = $337.70
  1. Recurring Payments: Only first payment will be pro-rated 
    • Note: Formula is- Amount of 1 recurring payment X (Days Remaining in billing period / total days in billing period)
    • Example: If registering for program starting March 1st and ending July 1st with 4 recurring payments of $100 due the 1st of each month, registering March 20th. the initial cost is: $100 X (11 days remaining / 31 total days in payment period) = $35.48 then 3 payments of $100 in subsequent months