2023 FEE STRUCTURE
1.Non-refundable placement fee:
Guarantees a child’s place and indicates acceptance. It is due two weeks from receiving your notification of acceptance. Places cannot be held beyond these two weeks.
2. Non-refundable School Development Contribution (SDC):
Stepping Stones Montessori School has an extensive school development program underway. To help fund current building projects we have established a School Development Contribution, which is payable on entry into Stepping Stones Pre-Primary School and Elementary School. The SDC is due within two months of your acceptance notification but must be paid in full before your first school day. ie if your notification is within two months of the first school day, your payment is sue before the child can begin the class. Elementary places cannot be held beyond the due date of the SDC payment. We are open to discussing a 3 month payment plan on a case-by-case basis.
Monthly payment: 10 equal payments payable on the first of the month (1 February to 1 November).
Termly payment: Fees are payable within the first 10 school days of each term.
Annual payment: Single payment, payable on or before 1 February.
*Please note, all fees are payable if your child is on holiday during the school term.
Aftercare: See the times and costs for the different sessions for each phase below. Pre-School and Elementary aftercare is charged at the same rate for 3, 4 or 5 days per week.
Ad-hoc Aftercare is available at a rate of R150 per hour.
Fees for the term will be added to your school account. These fees may be paid over a three month basis, over the term, but must be settled by the first day of the last month of the term. If fees are unpaid by the end of the term, you will be unable to attend ADM the following term.
Clubs and Sports run for 8 weeks. Aftercare from the first day of term, unless otherwise notified.
Please note: all first lessons are offered as a trial. To opt-out after the trial, please remove your child’s name from the sign-up sheet by Friday the 4th of February. Invoices will be sent out the following week, using the sign-up sheets. Failure to remove your child’s name from the relevant sheet will result in you being billed for term one.
We are unable to accommodate any amendments after trial week.
5. Method of Payment
ALL FEES; Placement Fees, SDC and School Fees can be made via electronic transfer or direct deposit. Cash, Snapscan or credit card payments are not accepted.
6. Bank Account
THE CAPE TOWN MONTESSORI SCHOOL TRUST
Account no. 1142812537
Branch code 1010/09
Ref: child's name and type of fee i.e. Placement / SDC / School Fees / Aftercare
7. Late Payments
Interest at the rate of 24% p.a. will be charged on all overdue accounts.
Termly fees not paid in full during the first 10 days of term will automatically be converted to the higher monthly fees structure.
Monthly fees not paid in full by the 7th of the month will be regarded as overdue and will accrue interest.
8. Please Note
All fees are payable even if your child is on holiday during the school term.
All fees are payable during government mandated lockdowns or quarantines.