Parents' Handbook 2018-19

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.