140 Hennie Alberts Street Brackenhurst, Alberton, 1448 P.O.BOX 1422 Mulbarton, 2059 Phone/What s App: +27 64 694 6890 Phone/What s App: +27 72 708 8040 Email: info@credence.co.za Web: www.credencecollege.co.za *** NB *** PLEASE INITIAL AND DATE THE BOTTOM, RIGHT-HAND CORNER OF EACH AND EVERY PAGE OF THIS DOCUMENT. THANK YOU! RETURN ORIGINAL TO CREDENCE COLLEGE METHOD OF PAYMENT OF SCHOOL FEES AND ENROLMENT CONDITION: GET GR R-9 I, the undersigned.... (Print name in full) of... (Residential address in full)... (Postal address in full) as the parent/guardian of:.. (Child s name printed in full) AND, AS PERSON RESPONSIBLE FOR THE PAYMENT OF SCHOOL FEES to Credence College, hereby undertake to pay the agreed school fees due for 2018 (or part thereof) for the above pupil(s) by one of the following methods: (delete and initial clauses not applicable). DEBIT ORDER IS THE PREFERRED OPTION! Absolutely NO cheques accepted unless made out to CASH. 1.1 One lump sum payment for 2018 school fees for R 54 000, 00 (fifty-four thousand rand). A 5% discount (R2 700,00 [Two thousand rand Seven hundred]) may be deducted should the fees be paid in full before 31 st January 2018 or such other date as may be mutually agreed. Balance to be paid will be R51 300, 00 (fifty-one thousand, three hundred rand). Method of lump sum payment: SIGNATURE:... WITNESS:... DATE:... GET GR R 9 cc. 2000/051639/23 Page 1 of 5
1.2 4 equal payments on or before the following dates: 25th of December 2017 for Term 1 (*if cash, pay on 15 Jan 2018) 25th of March 2018 for Term 2 (*if cash, pay by 10 April 2018) 25th of June 2018 for Term 3 (*if cash, pay by 17 July 2018) 25th of September 2018 for Term 4 (*if cash, pay by 09 October 2018) each payment to the amount of R13 500,00 (thirteen thousand, five hundred rand). Method of quarterly payment: SIGNATURE:... WITNESS:... DATE:... 1.3 10 x Equal Payments on the 25 th of each month in advance commencing 25 th December 2017 through to 25 th September 2018 to the amount of R 5 400,00 (five thousand, four hundred rand) per month. Method of monthly payment over ten months: SIGNATURE:... WITNESS:... DATE:... 1.4 12 X Equal payments on the 25 th of the month in advance commencing 25 th December 2017 through to 25 th November 2018 (12 equal payments) in the amount of R 4 500,00 (four thousand, five hundred rand). Method of payment over twelve months: SIGNATURE:... WITNESS:... DATE:... GET GR R 9 cc. 2000/051639/23 Page 2 of 5
Details of person as witness: NAME IN FULL (PRINT)... PHYSICAL ADDRESS:....... POSTAL ADDRESS:....... CONTACT NO:....... EMAIL:..... 2. As the person responsible for payment of this account, I, (name printed in full) undertake to pay the following additional costs: 2.1 A once off, non-refundable registration/consultation fee of R4 500,00 (FOUR THOUSAND FIVE HUNDRED RAND) per pupil, immediately upon acceptance for enrolment at Credence College. 2.2 I further undertake to pay an annual, non-refundable Re-enrolment Fee of R3 500,00 (THREE THOUSAND, FIVE HUNDRED RAND) upon acceptance for re-enrolment at Credence College each subsequent year. This amount must be paid before the 30 th of SEPTEMBER of the current year to ensure acceptance of the above pupil for the following year. 2.3 I additionally undertake to pay interest at 2% per month on all outstanding amounts. Interest will come into effect on the SEVENTH day of every month, in arrears, at close of banking. 3. In the event of the above not being met on due date, as agreed, the full balance then owing shall become due and payable. In the event of my falling into arrears in regard to payment of School fees for a period of longer than SEVEN DAYS, I undertake to communicate in writing with CREDENCE COLLEGE immediately, setting out the reason for such default, failing which I will be held liable for any and all costs that may be incurred by CREDENCE COLLEGE in recovering such arrears, such costs to include all attorney and client costs, collection commissions, administration fees etc. and further that all arrears shall bear interest at 2% per month compounded from date of such default. Should such action become necessary, I hereby consent to the jurisdiction of the Magistrates Court Act No 32 of 1944 in respect of any claim or obligation arising out of or in connection with this contract. I choose the address set out above as the address for service upon me of all notice and process in connection with this contract. 4. I further understand that in the event of my falling into arrears in regard to payment of school fees for a period of LONGER THAN SEVEN DAYS, all educational/tuition services will be discontinued until such arrears are settled in full (refer to above paragraph 5 as set out in this agreement). 5. I acknowledge that ONE (1) FULL TERM S NOTICE (THREE FULL CALENDAR MONTHS), IN WRITING, MUST BE GIVEN IN THE EVENT OF MY CHILD BEING REMOVED FROM THE SCHOOL. Fees shall remain due and payable in respect GET GR R 9 cc. 2000/051639/23 Page 3 of 5
of such notice period if the child is removed from the School before such notice period has expired. 6. I understand that should I give notice during the last term of the year i.e. the first day of the last term, December fees are payable. 7. I UNDERSTAND THAT SHOULD I GIVE NOTICE DURING THE LATTER PART OF THE LAST TERM OF THE YEAR, THEN TERM ONE FEES FOR THE FOLLOWING YEAR ARE PAYABLE. 8. I understand that ONE (1) MONTH S NOTICE by the COLLEGE of any increase in School Fees shall be deemed sufficient and reasonable notice of such increase and fees may be increased during a particular year if deemed necessary. 9. I further acknowledge that in the event of my child attending the school for only a portion of any month, I shall remain responsible for the FULL fees for that month, unless otherwise agreed to in writing by the College. 10. I understand that both parents of the child, jointly and severally, are held responsible for the fees as set out ALL OF THE PARAGRAPHS AS SET OUT ABOVE. 11. I acknowledge that this Agreement shall remain for as long as my child remains at CREDENCE COLLEGE and the fees set out in ALL OF THE PARAGRAPHS ABOVE shall continue from year to year, save as set out in Paragraph 8 above, and save for any amendment hereto that may be required by CREDENCE COLLEGE from time to time and which amendment shall be reduced to writing. I AGREE TO THE FOLLOWING CONDITIONS AND ADDITIONAL PAYMENTS: I undertake to pay a quarterly book levy of R500.00 (FIVE HUNDRED RAND) in advance each term for teaching and learning resources. The full amount of R2 000.00 (two thousand rand) may be paid in January each year. I further understand that text books, set works, work books, XKITS, past examination papers, photocopied books, exercise books, stationery, consumables, costs of field trips and excursions, as well as potential costs incurred for concessions granted by the Department of Education are a separate expense, and the costs thereof are for your own account and are NOT included in this agreement. All payments are due on or before the 25 th day of each month STRICTLY IN ADVANCE. Late payments will accrue interest at 2% per month compounded. Should fees not be received on the date stipulated, any cheque is Referred to Drawer, and/or no prior arrangements be made with the Administrator, inherent costs for collection and/or bank charges would be for the parents fee account. Any Bank Charges relating to deposit of cash in to CREDENCE COLLEGE account will be for the parents fee account (2.2% surcharge). GET GR R 9 cc. 2000/051639/23 Page 4 of 5
I hereby choose domicilium citandi et executandi for all purposes hereunder the address set out below and all the notices to be given by the College to me shall be deemed to have been duly delivered in services is effected to the said address. My address is: (PERSON RESPONSIBLE FOR THIS ACCOUNT) RESIDENTIAL:. POSTAL :. EMAIL ADDRESS: (PLEASE PRINT CLEARLY)... SIGNED AT...on...20...... WITNESS: 1... WITNESS: 2... BANKING DETAILS: CREDENCE COLLEGE cc ABSA THE GLEN BRANCH CODE: 632005 ACCOUNT NUMBER: 405 501 7086 Please use your child s name & surname (initials) and/or Admission number as reflected on the Statement of Account as a reference. Please send proof of payment to info@credence.co.za Directors: Mrs. VP Mumford M.Ed (Inclusive Education); Mr. KA Mumford BSc (Civil Eng.). GET GR R 9 cc. 2000/051639/23 Page 5 of 5