School Fees

NON-REFUNDABLE ADMISSION FEE (NEW ADMISSIONS)        R 15 000

• Payment of the non-refundable admission fee is required in order to secure a place for your child.

SCHOOL FEE POLICY

• Fees are subject to an annual increase.
  Fees are payable monthly in advance with effect from 1 January over 10 or 11 months.
  All other invoices are payable on presentation.
  Overdue accounts will be charged interest at the prime bank rate.
  An admin fee of R350 will be charged on unpaid debit orders.
  Any bank fees relating to cash deposits will be charged to the parent’s account.

REBATE FOR EARLY PAYMENT

• If annual school fees are paid on or before 31 January – 5% discount will be allowed.

NOTICE PERIOD

• A three months written notice must be given and charges will be levied.

SIBLING DISCOUNTS

• 1st child 0% discount
• 2nd child 5% discount
• 3rd child and any additional child 10% discount

SCHOOL FEE DISCOUNT POLICY FOR EARLY SETTLEMENT – MULTIPLE CHILD FAMILIES

• R10 000 or at the discretion of the Headmaster/Headmistress
• The non-refundable admission fee should be paid on or before the date of admission.
• No discount for early settlement will be given on the non-refundable admission fee.

EARLY SETTLEMENT DISCOUNT

• In the event of school fees being paid in full on or before 31 January of each year, an additional discount of 5% will be offered.

Please note that where a parent or family is granted a sibling discount and wish to make use of the early discount, the early discount will be based on the fees after the sibling discount has been taken into account.

WHAT WILL HAPPEN IF MY ACCOUNT FALLS INTO ARREARS?
Should a parent fail to comply with the regulations regarding the payment of school fees, the school will implement the following procedure:

• Account 1 month in arrears – notice of outstanding amount.
• Account 2 months in arrears – meeting with Headmaster/Headmistress.
• Account 3 months in arrears – termination of contract between yourself and the school.
  – Cancel the enrolment of the student.
  – To levy interest on unpaid accounts and hold the parents responsible for such amounts and
  – Report the outstanding debt to the National Credit Regulator and/or Credit Bureau and handover for collection.
  – No debt will be allowed to be carried over to the next academic year.

LEVIES AND SCHOOL CAMPS
An annual outing levy from Grade 0 – Grade 12, will be invoiced to your school fee account to cover the costs of day trips and activities.
All educational camps must be paid for prior to the departure of the camp. Camp fees will be invoiced to your school account.

PRINTING LEVY
From Grade 0 – Grade 7, an annual amount will be invoiced to your school fee account to cover the costs of printing.

TEXTBOOKS
Students are required to purchase all their textbooks from the prescribed lists provided at the end of each academic school year. All workbooks are provided to the students by the school at the beginning of each academic school year.

CLAIMING OF SCHOOL FEES AS A MEDICAL OR DISABILITY EXPENSE
Although the school advises parents to seek expert opinion via a tax consultant specializing in medical matters, many parents are unaware that there is a possibility of claiming school fees, as a tax deduction. Please contact a tax practitioner to complete your tax return and claiming school and assessment fees.

For tax purposes, disability expenditure and physical impairment expenditure is governed by Section 18 of the Income Tax Act, NO 58 of 1962. A disability is defined by Section 18(3) means a moderate to severe limitation of a person’s ability to function or perform daily activities as a result of a physical, sensory, communication, intellectual or mental impairment lasting more than a year and certified by a duly registered medical practitioner.

In order to qualify for the full deduction of fees, a person must have his/her disabilities confirmed by a duly registered medical practitioner who has to complete the prescribed form ITR-DD after the tax payer has completed his/her part of the form. For further information parents may obtain an information booklet from SARS website – www.sars.gov.za or contact their tax adviser.