As a teacher, you determine your own earnings on Outschool by setting the cost to enroll in each class, as well as the minimum and maximum class size. If a class receives fewer than the minimum enrollments, it's your decision whether or not to proceed.
Outschool's business model is to take a service fee each time a learner enrolls. Outschool takes 30% of the parent's payment, and teachers receive 70%. This means that Outschool only earns when you earn, and our incentives are aligned. Both Outschool and teachers are supported by parents enrolling. In the spirit of this arrangement, all class fees must be paid through the Outschool platform.
We send section payouts to teachers using PayPal. The payout amount for each section is 0.7 * (price * number of students).
For most classes, you will receive payment for a section 7 or 8 days after its start date. Payments begin processing at 10am PST each day from the address email@example.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 section 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 Ongoing classes, you will receive a batch payout on a Sunday, 7-13 days after the meetings have occurred. These payments process throughout the day, separately from other class payments, so you may receive them later than 10am PST.
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 Outschool
Sometimes there are cases where you will need to issue a refund to a parent after you have already been paid out for that section 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 70% of the refund to firstname.lastname@example.org via PayPal, using the send money feature. Outschool 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.