St. Martin’s School Fees 2024-2025
Enrolment Fee:
Upon acceptance of a place, an enrolment fee of R12,000 per student is payable.
Family Discount:
1st Child: Full tuition fee
2nd Child: 2.5% discount on the tuition fee
3rd Child: 5% discount on the tuition fee
4th Child: 10% discount on the tuition fee
The School has 3 Payment Options, these are as follows:
- Annual Fees are payable by the 31st January 2021. A discount of 4.5% will be applied when annual fees are paid by the 31st December 2021.
- Termly Fees are payable on the first day of term.
- Monthly Fees are payable on the first day of each month from January to October via the School’s Debit Order system. If payments are not paid annually or termly in advance, it will be assumed that fees will be paid in advance from January to October.
INTEREST IS CHARGED ON OVERDUE FEES.
One school term’s notice is required when withdrawing a student from the school and/or discontinuing boarding.
Deposits and Fees to be effected by direct transfer to:
Bank: Standard Bank
Branch: The Glen
Branch Code: 006005
Account Number: 002860929
Swift Code: SBZAZAJJ
NB All fees and charges may be reviewed during the course of the year.
Fee Payment Policy
Attention is drawn to the relevant clauses in the school’s application form and in the acceptance of place form, respectively.
Deposits to secure the placement of a student are due and payable in accordance with the written notification provided to prospective parents upon their child being offered a place at the school. The deposit must be accompanied by a signed acceptance of place form. (In the event of a child having divorced parents, the school must be supplied with a certified copy of the divorce court order.)
In the event of a parent wishing to withdraw their child(ren), a full term’s notice, in advance, is required. Failing that, the school will charge a term’s fees in lieu of notice. The deposit, paid upon a child’s admission to the school, will only be refunded once the fee account has been finalised upon the child’s withdrawal from the school.
The fee discount policy forms part of the enrolment contract and is as follows:
Option 1:
Where the year’s tuition fees (i.e. for all three terms in the calendar year) are paid in full by 31 January, and where there are no arrears, a discount of 4.5% on the full year’s tuition will be awarded.
Option 2:
Where two terms’ tuition fees are paid in full by the first Friday of the Easter Term or Trinity Term and there are no arrears, a discount of 2.0% will be awarded.
Option 3:
Fees may be paid in advance in equal instalments over 10 months from January to October through the school debit order system.
Please note that the fee discount level will be adjusted from time to time in line with interest rates prevailing in the market place.
Parents who wish to make use of the above options, need to have the full year’s fees calculated accurately by the credit controller before making payment. Please note that the discounts do not apply to ancillary charges, sports and cultural tours, and boarding fees. (No child may participate in a sports or cultural tour unless and until their fee account has been brought up to date and paid in full).
In the event that fees are not paid annually in advance, fees are due and payable, in advance, on the FIRST DAY of each term, unless prior arrangements have been agreed to by the school. Fees paid annually in advance may be paid via credit card or EFT. Option 2 and 3 fees are to be paid via debit order through the school system.
When making direct payments into the school’s bank account, please use the following:
Bank: Standard Bank
Branch: The Glen
Branch Code: 006005
Account Number: 002860929
Any bursary(ies) or scholarship(s) awarded to a student will only be reflected on the fee statement when the parents/guardians have paid in full the amount(s) for which they are responsible.
Please note that the payment of any and all charges incurred by the school due to the dishonouring of payments by the bank(s), or any reversal of payment(s) by parents, will be for the account of the parent(s). Interest will be charged on all overdue accounts. Any costs incurred by the school in the recovery of unpaid and/or overdue fees, ancillary and collection charges will be for the account of the parent(s).
This policy will be reviewed and amended by the school as and when this becomes necessary.