Payment Terms, Deposits & Further Information

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payment terms, deposits and further information

 

Registration Fee

When you register there is a £150 non-refundable fee to pay.



Deposit

A deposit is payable before entry to confirm acceptance of the offer of a place. The deposit becomes refundable after the first term of education and will be offset against the final term’s account. The deposit is non-refundable if the pupil does not start their education at Monkton, or leaves during their first term.

 UK DAy PupilsUK BoardersEU CountriesNon EU Countries
N - Y6£600£840£2400Full Term Fee
Y7 - Y13£1200£1800£2400Full Term Fee

When transferring from Prep to Senior, only the balance between the deposit paid at Prep and the deposit due at Senior is payable, although the full amount is forfeited if your child does not take up a place at the Senior School.

 


Payment Terms

We strongly encourage all parents to make payments via direct debit. To set up a termly or monthly mandate, please get in touch with our finance department at billing@monkton.org.uk or sign up using the following link.

All school fees not paid by monthly Direct Debit must be settled in full by the first day of the term. Any payment plans that deviate from this must be approved in writing in advance by the Director of Finance.

A fee of £20 will be charged for any Direct Debit returned to the School unpaid. Additionally, late payments will incur interest as outlined below.

Interest will be charged on outstanding amounts at a rate of 3% per year above the Bank of England base rate. Unless otherwise specified in writing, this interest will accumulate on a daily basis from the due date until the actual payment of the overdue account.

If you have any further questions or require assistance, please don't hesitate to contact our billing department at billing@monkton.org.uk.


Fee Reviews

Fees are usually reviewed annually with changes generally taking place for the Michaelmas term. Parents will be notified of any fee increases at least one term in advance.

 

Fees IN ADVANCE

Fees paid in advance attract a fee discount of 3% for payments for 1 or 2 years' fees and 4% for 3 or more years' fees. Please contact the Finance team at finance@monkton.org.uk for more information.


Cash Advances

The School cannot advance cash to pupils or purchase personal items on their behalf. Parents are requested to ensure that pupils have sufficient cash for their needs, including travelling and for interviews, etc.