Interpretive charges an individual license fee for each student who uses our simulations; we do not charge a fixed license fee per team. We find this to be fairer for all students, e.g. each member of a team of five students pays the same amount as each member of a team of four students.
We think of the simulation charge much as a school thinks of tuition: It is payment for the experience, not for something the student can take away and resell. All paid students have equal access to the simulation, and they contribute to the analysis and decision making as a team, much as they would in a company.
Interpretive accepts either University or individual student payments
University Pays for Students
When possible, the easiest approach is to have the university pay on behalf of the students. Interpretive will invoice the University based on the class list you provide (i.e. the invoice will be the simulation price multiplied by the number of students).
Students Register and Pay Individually Online
Alternatively, individual students may register and pay Interpretive directly on the unique secure website set up by Interpretive for each course using a credit card. We ask Faculty who choose this option to ask all students to register and pay their individual license when the course begins.
With this option, access is restricted to the simulation for each team that has unregistered students in it. Once all team members have registered, the restrictions are lifted and the team is able to make decisions (i.e. each team will not be able to start the simulation until all team members have registered).
Student Registration and Payment Made Easy
Generally if you follow these simple steps getting all of your students to register and pay can be painless for you:
List the simulation in your course syllabus, including when and how to register. Student Instructions are provided in a Word document by Interpretive.
Go over payment process on the first day of class, reinforcing that every student must register individually and the simulation is an important part of the course. A short PowerPoint explaining the registration process is provided by Interpretive.
Provide Interpretive with your class list with email addresses as early as possible so that we can contact your students with their login information.
Require the individual quiz, and schedule at least one practice round so that students become familiar with the simulation.
Refund Policy
Interpretive will refund the price of the individual license fee for any student that ceases taking the class and is given a complete refund on course fees from the University (i.e. if the University gives a refund for the course, Interpretive will give a refund for the simulation). Students must request a refund within the current semester. There are no refunds on printed manuals.
