Croften house school billing policy and_fee_schedule_for_2015-2016

1. Page 1
Billing Policy and Fee Schedule for 2015 - 2016
Returning Students:
Tuition Fee Deposit – A $1,000 non-refundable tuition deposit to secure a student’s place for
the following school year. It is included on the March 1
st
billing. Tuition fee deposit for new
students is paid at time of acceptance.
Students Not Returning:
Please advise the school by March 13, 2015 if your daughter is not returning for the
2015 – 2016 school year. Notification of withdrawal is to be made in writing to the attention
of the Head of School.
Tuition – All Grades:
Tuition Fee
Deposit
Due April 1, 2015
Balance Due
Grades JK to 12 $18,960 $1,000 $17,960
Tuition Payment Options:
There are 3 payment options: annual, term, and monthly.
1. Annual - 1% discount on tuition fees,
2. Term – 3 equal instalments
3. Monthly – 10 equal instalments, includes $25 monthly administration fee
For families with 2 or more daughters in the school there is a 2% discount for the oldest child
Billing
Date
Payment Due
Date
Without
Sibling
Discount
With Sibling
Discount
1. Annual April 1
st
May 1
st
$17,770 $17,391
2. Term April 1
st
August 1
st
November 1
st
May 1
st
September 1
st
December 1
st
5,987
5,987
5,986
5,860
5,860
5,861
3. Monthly April 1
st
– January 1
st
May 1
st
– February 1
st
1,821 1,783

2. Page 2
Annual Technology Fee: One-to-One Program
All students in grades 8 to 12 will be charged a technology fee of $750 which will be billed on April 1
st
.
Billings:
Statements are emailed by the 10
th
of every month. If you do not receive a statement, please contact the
Accounts Receivable Clerk by email at accountsreceivable@croftonhouse.ca.
All payments are due on the 1
st
of the following month. All overdue accounts are charged interest at 12%
per annum on the 1
st
and 16
th
of each month. An NSF bank charge of $50 per returned cheque will also
be applied.
To change your current billing option, please notify the Accounts Receivable Clerk by email at
accountsreceivable@croftonhouse.ca by March 31
st
, 2015.
Payment Methods:
Payment may be made by post-dated cheque, cash, internet banking, credit card (Plastiq), wire transfer,
or pre-authorized debit from your bank. The pre-authorized payment form is available on the CHS
website, under the parents link/resources. For additional information regarding payment by credit card,
please visit the CHS website at Admissions>Financial Information>Payment Methods.
When remitting payment by cheque, please include your daughter’s student number. Cheques are to be
made payable to “Crofton House School”.
The Independent School Grant:
The School receives a grant under the Independent School Act from the Ministry of Education for each
qualifying student. The above fee schedule assumes the student qualifies for the grant. For students
who do not qualify, there is an additional fee of $5,000.
Withdrawals During the Year:
No portion of the fees will be refunded in the event of a student’s absence, withdrawal or dismissal from
the school. Parents and guardians are responsible for payment of the full year’s tuition.
Bursaries and Financial Aid:
Crofton House School has a modest bursary program which assists families based on financial need.
Please contact the Director of Business Administration for more information about the bursary program.