School Fee Agreement

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Phone: {{phone}} | Email: {{email}} | Web: {{website}}

School Fee Agreement

School Fee Agreement

SCHOOL LETTERHEAD

{{school_name}}

{{school_address}}

Phone: {{school_phone}}

Email: {{school_email}}

Website: {{school_website}}

SCHOOL FEE AGREEMENT

This School Fee Agreement (the “Agreement”) is made and entered into on this {{date}} by and between:

{{school_name}}, a school duly registered under the laws of [Insert Country], with its principal place of business at {{school_address}} (hereinafter referred to as “the School”); and

{{parent_guardian_name}}, residing at {{parent_guardian_address}}, and holding Identification Document Number {{parent_guardian_id_number}} (hereinafter referred to as “the Parent/Guardian”).

STUDENT DETAILS

Name of Student: {{student_name}}

Date of Birth: {{student_dob}}

Grade/Class: {{student_grade}}

Student ID Number: {{student_id_number}}

FEE STRUCTURE

The total annual school fees for the academic year {{academic_year}} for {{student_name}} shall be {{currency}} {{total_annual_fees}} ({{total_annual_fees_words}}).

This amount includes the following components:

- Tuition Fees: {{currency}} {{tuition_fees}}

- Registration Fees: {{currency}} {{registration_fees}}

- Activity Fees: {{currency}} {{activity_fees}}

- Uniform (if applicable): {{currency}} {{uniform_fees}}

- Other (please specify): {{currency}} {{other_fees}}

A detailed breakdown of fees can be found in Appendix A attached hereto.

PAYMENT SCHEDULE

The Parent/Guardian agrees to pay the total annual fees according to the following schedule:

- Option 1: Full Payment

A single payment of {{currency}} {{total_annual_fees}} due on or before {{full_payment_due_date}}.

- Option 2: Termly Payments

Three equal instalments of {{currency}} {{termly_instalment_amount}} each, due on or before:

- 1st Instalment: {{date_first_instalment}}

- 2nd Instalment: {{date_second_instalment}}

- 3rd Instalment: {{date_third_instalment}}

- Option 3: Monthly Payments

Ten equal instalments of {{currency}} {{monthly_instalment_amount}} each, due on or before the {{day_of_month}} day of each month, commencing {{start_month}} {{start_year}} and ending {{end_month}} {{end_year}}.

- Other Payment Plan (please specify): {{payment_plan_details}}

METHOD OF PAYMENT

Payments can be made via:

- Bank Transfer: Account Name: {{bank_account_name}}, Bank: {{bank_name}}, Account Number: {{bank_account_number}}, SWIFT/BIC: {{swift_bic}}

- Mobile Money: Mobile Number: {{mobile_money_number}}, Provider: {{mobile_money_provider}}

- Cheque: Payable to “{{school_name}}”

- Cash: At the School’s finance office during business hours. A receipt will be issued for all cash payments.

LATE PAYMENT POLICY

A late payment penalty of {{currency}} {{late_fee_amount}} or {{late_fee_percentage}}% of the outstanding amount will be applied for payments received after the due date. The School reserves the right to suspend a student from classes if fees remain unpaid beyond {{number_of_days}} days from the due date, following written notification to the Parent/Guardian. Consistent late payments may result in the termination of this Agreement and/or the student’s enrollment.

WITHDRAWAL AND REFUND POLICY

In the event of a student’s withdrawal from the School:

- Prior to the start of the academic year: {{number_of_days_full_refund}} days’ written notice before the academic year commences, a full refund of tuition fees (excluding non-refundable registration fees) will be processed.

- During the academic year: No refunds will be issued for withdrawals made after the academic year has commenced. Any outstanding fees for the current term/month remain payable. A notice period of {{notice_period_withdrawal}} weeks/months is required for official withdrawal.

All withdrawal requests must be submitted in writing to the School administration.

DISCOUNTS AND BURSARIES (IF APPLICABLE)

Any agreed discounts or bursaries, such as sibling discounts or scholarships, will be applied as follows: {{discount_bursary_details}}. These are subject to the terms and conditions outlined in a separate agreement or policy.

GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of [Insert Country]. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by [e.g., arbitration under the rules of the Arbitration Foundation of Southern Africa (AFSA) or relevant national arbitration body, or the Courts of [Insert City, Country]].

AGREEMENT AND SIGNATURES

By signing below, the Parent/Guardian acknowledges that they have read, understood, and agree to the terms and conditions set forth in this School Fee Agreement.

_______________________________

{{parent_guardian_name}}

Parent/Guardian

Date: {{parent_guardian_signature_date}}

_______________________________

For and on behalf of {{school_name}}

Name: {{school_representative_name}}

Title: {{school_representative_title}}

Date: {{school_signature_date}}