Fee Schedule. Subject to alteration without notice

Transcription

1 Fee Schedule 2014 Subject to alteration without notice

2 ENROLMENT FEES Application Fee (non-refundable) $ 95 per student Enrolment Fee (non-refundable) $650 per student Deferral Fee (non-refundable) $100 per student per deferral The Application Fee is payable upon submission of the application form. All applicants are placed on waiting lists. Places are offered following interviews. When a place is offered, it is secured upon payment of the Enrolment Fee. The Enrolment Fee includes payment for the Loreto Old Scholar Membership that will become active upon the student s completion of Year 12 at Loreto College (otherwise it will be forfeited). A Term s school fees must also be paid in advance to secure a placement. This advance payment will be in addition to an equivalent full year s school fees and will applied against the student s final year of enrolment at the College. DUE DATES FOR SCHOOL FEE PAYMENTS Families will receive an account in January 2014 for the entire fixed Annual School Fees for There will be two payment methods to choose from: 1. Payment of the entire Annual School Fees by 21 st February Full payment of your account by this date will attract a 3.0% fee discount. 2. Payment in ten equal instalments from February to November on the 15 th of each month by completion of a direct debit form with the College. Unless otherwise advised in writing by 7 th February 2014, existing repayment plans will automatically roll-over into 2014 with periodic payments being adjusted to account for current fees and charges. Any User Pay amounts that are charged during the year, such as Out of School Hours Care and Camps, will be due and payable within 14 days of invoice date. PAYMENT METHODS The College accepts payments via the following methods: Direct debit, facilitated by the College B-Pay (transfers from your Cheque, savings or credit card account) Accepted Credit Cards are Mastercard and Visa Cheque payments Cash A Direct Debit from your nominated bank or credit card account is the preferred method for families to establish with the College if the 10 month payment plan is chosen. Please contact the College s Finance Section to make the necessary arrangements. LATE FEES A penalty for late payment of fees of $50.00 per account to a maximum of $ per annum may be applied if: Or Or An account is not paid by the due date and there has been no direct debit established; There has been a default on the Direct Debit arrangement and this has not been rectified by the parent including payment for any bank fees incurred; There has been no communication from the family to the College regarding the non payment of school fees.

3 TUITION & BOARDING FEES Discounts There is a 10% reduction in tuition fees for the second child, 20% reduction in tuition fees for the third child, and 30% reduction in tuition fees for the fourth and subsequent children attending Loreto College at the same time. OPTION 1 OPTION 2 Year Level Annual Fee due 21 st Feb 2014 * (less discount) 10 Instalments due 15 th Feb to 15 th Nov Reception, Years 1 & 2 $6,880 $688 p/mth Years 3 to 5 $8,300 $830 p/mth Years 6 to 7 $8,860 $886 p/mth Years 8 to 9 $10,020 $1,002 p/mth Year 10 $10,720 $1,072 p/mth Years 11 to 12 $11,510 $1,151 p/mth Boarding Fee: Years 7 to 12 - Accommodation $15,610 $1,561 p/mth - Food $ 6,060 $606 p/mth - GST on Food $ 606 $ p/mth Facility Fee: Years R to 12 $ 2,140 $214 p/mth Information and Learning Technology Fee: Years R to 5 $ 905 $ p/mth Years 6 to 12 $1,500 $150 p/mth Capital Fee (Compulsory Per family) One Child $1,000 $100 p/mth Two Children $1,150 $115 p/mth Three or More Children $1,290 $129 p/mth * Option 1 A discount of 3.0% will be applied if full payment of the annual fees is received at the College on or before 21 st February The School reserves the right to vary these fees accordingly.

4 TUITION FEE The Tuition Fee covers the direct costs of educating students, including teachers salaries and related costs, professional development, faculty and excursion costs, retreats, student levies. BOARDING FEE This fee represents the cost of Boarding at the College. FACILITY FEE The Facility Fee covers the fixed and administrative costs that are incurred by the College that are not immediately influenced by, or linked to, student numbers, including: executive, finance, human resource management, administration, marketing and development. LEARNING AND INFORMATION TECHNOLOGY FEE This fee consolidates the former Information Resources Fees (senior and junior) and the Learning Technologies Infrastructure Fee. It represents the costs of Library and Information Technology salaries, computer leasing, software, consumables and internet usage. CAPITAL FEE This fee covers all costs associated with Property Services, electricity and gas, principal loan repayments and interest on capital borrowings, the Annual Capital Program and property insurance. OTHER FEES AND CHARGES Other User Pay fees and charges that may be incurred and charged to accounts during the year include: Camps Boarders CabCharges Vocational Education Training Courses Out of School Hours Care and Vacation Care Loreto Old Scholar Membership YEAR 12 STUDENTS OF DISCONTINUING FAMILIES School fee accounts of Year 12 students from discontinuing families must be fully paid by the end of Term 3. FEE ASSISTANCE - SCHOOL CARD State and Commonwealth Governments have schemes which provide financial assistance to parents and students. Application forms for School Card in 2014 will be available at the Business Manager s office from early January Alternatively, School Card application forms may be downloaded from the Department for Education and Child Development s website at Please note that to be eligible your total Gross Family Income, including Centrelink benefits, for the financial year ending 30 th June 2013 must be below the income levels as indicated on the forms or your daughter must be in receipt of the maximum Youth Allowance. All applications are checked and verified by Centrelink. The School Card Section of the Department for Education and Child Development notifies the College of the eligibility status for families following verification. Assistance may also be available in cases of hardship, change of circumstances and the self-employed. Boarding families are encouraged to enquire about eligibility for the Isolated Children s Scheme. WITHDRAWAL OF STUDENT The Parent/Guardian must provide written notice to the College at least one term in advance of a student being withdrawn from the College to avoid additional fees being charged. School Fees equivalent to one school term will be charged in lieu of the appropriate notice.

5 NON PAYMENT OF SCHOOL FEES Should fees remain unpaid at the end of a school term and there has been no communication from the family regarding the non payment of fees, then the account will be placed into the hands of the College Debt Collection Agency and all associated collection and legal costs will be incurred by the family. At this point in time, the Principal will review the continued enrolment of the student(s). Families should be aware that the Principal has a legal and moral responsibility not to allow families to accumulate unsustainable levels of debt. In the event of school fees being in arrears, a student will be ineligible to attend the annual ski trip and trips overseas, irrespective of where funds for such trips may be sourced. INSURANCE The College has a current Catholic Church Insurances School Care policy that insures your daughter for accidents 24 hours per day. Details may be obtained from the College Business Manager. The College does not accept liability for damage or loss of any personal possessions of students. Insurance cover for a student's personal possessions is the responsibility of the parent or guardian.