Money for academies · Academy owners and managers
What Lenicle charges
No monthly fee. A commission on what you sell, and your first students free.
Opening an academy is free and there is no monthly fee. Lenicle earns a commission on each payment a student makes.
| Commission | |
|---|---|
| Your first 10 students, on everything they ever pay | None |
| Students who came through your own link, and any program you didn’t feature | 3% |
| Students Lenicle brought to a program you featured | 10% |
How a payment is split
- Commission is taken from the full amount the student paid, application fee included.
- The payment processor’s fee is then taken from your share and shown as a service fee.
- If a promo code had a promoter, their earnings come from your share too.
- The rest is yours. Every sale and its split is listed under Earnings in your academy.
Example: a student Lenicle brought pays ₦100,000 for a featured program. Lenicle’s commission is ₦10,000. After a payment processing fee of, say, ₦1,600, your share is ₦88,400.