diff --git a/static/templates/subscription_type.handlebars b/static/templates/subscription_type.handlebars
index a6395f7926..d49badbd08 100644
--- a/static/templates/subscription_type.handlebars
+++ b/static/templates/subscription_type.handlebars
@@ -7,5 +7,11 @@
     {{t 'This is a <span class="fa fa-globe" aria-hidden="true"></span> <b>public stream</b>. Any member of the organization can join without an invitation.' }}
 {{/if}}
 {{#if is_announcement_only}}
-{{t 'Only organization administrators can post.'}}
+    {{t 'Only organization administrators can post.'}}
+{{else}}
+    {{#if invite_only}}
+    {{t 'Only stream subscribers can post.'}}
+    {{else}}
+    {{t 'Organization members, administrators, and subscribed guests can post.'}}
+    {{/if}}
 {{/if}}