Abingdon School Parents' Handbook - page 16

16
I finally know what
distinguishes man
from other beasts:
financial worries.
FINANCE
Timing of Payments
The School fee bill including the next term’s tuition fees
and other charges either arising in the previous term or
expected to arise in the following term must be paid and
cleared in the School’s bank account on or before the first
day of the term.
Parent and fee-payers may also wish to set-up a monthly
payment plan. There is a nominal charge of £35 per
pupil/per term to pay your account by this method.
The School also offers the facility to pay fees in advance.
Fees may be paid in advance for a period of one year.
Further information can be obtained from the Bursary.
Penalties for Late Payment
Any School fee bills or other requests for payment that are
not paid by the due date will suffer a £35 late payment fee
on the first day of delay and thereafter, will be subject to a
late payment monthly charge on a compound basis of
1.5%. Parents will be charged with the cost levied by
Banks if the direct debit mandate fails to be executed and
for charges incurred should a cheque payment be
returned. Parent’s who repeatedly fail to honour monthly
direct debit payments will have the facility to pay fees by
this method removed. All penalties for late payment are
automatically added to the school bill.
Reductions in Tuition Fees
The School makes generous provision for bursaries which
are means-tested reductions in the termly fee. To explore
whether you may be eligible for a bursary, please consider
the information contained on our website or contact the
Bursary on 01235 849028 or by email. Bursaries cannot be
retrospective and so we urge parents or fee-payers who
+
may be eligible for support to contact the School as
soon as possible and, at any time during the year.
Bursaries are reviewed regularly and at least yearly
through a formal assessment process.
Awards and Prizes
The School offers a wide range of awards and prizes.
Please see the website for details.
Insurance
a) The School cannot accept liability for loss or damage
to a boy’s personal property.
b) Boys occasionally travel in a school mini-bus. These
vehicles are insured, maintained and driven by qualified
drivers. Unless you have written to the Head to say that
you do not wish your son to travel in these vehicles, we
assume that you have no objection to his doing so.
c)
Personal Accident Insurance:
Parents are charged a
premium for personal accident insurance which appears
as a charge on the school accounts, but they may opt
out from this arrangement if they wish.
d)
School Fees Protection Scheme:
This scheme covers
the refund of fees in circumstances where a boy is ill.
Parents are strongly recommended to take out this form
of insurance. As with Personal Accident Insurance,
parents may opt out of this arrangement if they wish.
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