Teacher Earnings and Payments
Understanding how teachers are compensated
As a Full-time/Full-term teacher, you will earn a set monthly tuition per child enrolled in your class. The enrollment amount for full-time/Full-term students will be set by EduMEE Schooling Inc. A full class can hold up to 29 students. An example of optimal earnings for a Full-time teacher would be a tuition of $300 per student per month x 29 students would = $8700 per month. EduMEE will work to give all teachers working in a full-time capacity an equal distribution of students.
As a part-time/supplemental teacher, you determine your own earnings on EduMEE Schooling Inc. by setting the cost to enroll in each class. Your cost per student should be $2.50-$5.00 per hour. You can set your enrollment from 1-29.
EduMEE Schooling Inc.’s business model is to take a service fee each time a student enrolls. EduMEE Schooling Inc. takes 10% of the parent’s payment, and teachers receive 90%. This means that EduMEE Schooling Inc. only earns when you earn, and our incentives are aligned. Both EduMEE Schooling Inc. and teachers are supported by parents enrolling. In the spirit of this arrangement, all class fees must be paid through the EduMEE Schooling Inc. platform.
We send course payouts to teachers using PayPal. The payout amount for each course is 0.9 * (price * number of students).
For part-time/supplemental classes, you will receive payment for a course 7 or 8 days after its start date. Payments begin processing at 10 am PST each day from the address payments@EduMEE.com. It may take up to 24 hours from Sunday morning PST for you to receive the payment in your PayPal account.
Please note that if your course started in the afternoon or evening, payment may be lumped into the next morning’s batch of payments (i.e. 8 days post start date).
For Full-Term classes TBA
Linking your PayPal account
You’ll see a field called PayPal Email in your teacher settings. You can then provide the email address associated with the PayPal account where you wish to receive payments. Please note that you will need to sign up for PayPal if you don’t already have an account.
We recommend linking your bank account to PayPal and choosing the standard transfer option to transfer funds out of PayPal. This will allow you to avoid incurring the 1% instant transfer fee that results from linking a debit card. See this article from PayPal’s support center for more information.
Sending money back to EduMEE Schooling Inc.
Sometimes there are cases where you will need to issue a refund to a parent after you have already been paid out for that class and no longer have the ability to perform any refund actions from your end. When this happens, we will need you to send back your 90% of the refund to payments@EduMEE.com via PayPal, using the send money feature. EduMEE Schooling Inc. will cover the 2.9% sending fee, so you don’t need to worry about adding that on to your payment. Once we receive this payment, we will then issue the refund from our end.
We want to ensure that parents receive their refunds in a timely manner, so failure to send your payment right away could result in restriction and removal. If we don’t receive your payment after one week, it will result in a warning. After two weeks without payment, it will result in a suspension in which we will unlist your classes and we will not approve any new ones.