SHS is an independent day school for boys from JK to Grade 8. Our mission is to inspire and empower each boy through his formative years.

Fees and Policies

Tuition and Admission Fees

The tuition fee for all students for the 2020-2021 school year is $31,200.

There is also a one-time, non-refundable admission fee of $4,000 for all new students.

Fee Payment Plans

The tuition and admission fees can be paid through one of three plans:

PLAN A: Payment in Full

Full payment due upon registration - $34,850 (includes non-refundable admission fee of $4,000)

A discount of $350 is applied if full payment is received upon registration.

Payment can be made by online bank payment or cheque.

PLAN B: Payment in 3 Instalments

Instalment 1 due upon registration - $12,000 (includes non-refundable admission fee of $4,000)

Payment of Instalment 1 can be made by online bank payment or cheque.

Instalment 2 due July 1, 2020 - $14,000

Instalment 3 due November 1, 2020 - $9,200

Payment of Instalments 2 & 3 can be made by online bank payment, cheque or pre-authorized debit.

PLAN C: Payment in Monthly Instalments

Instalment 1 due upon registration - $12,000 (includes non-refundable admission fee of $4,000)

Payment of Instalment 1 can be made by online bank payment or cheque.

10 monthly instalments from April 20, 2020 to January 20, 2021 - $2,355 per month

There is a service charge of $35 per month included in the monthly instalments.

Payment of the 10 monthly instalments must be made by pre-authorized debit only.

Payment Methods

• Online payments should include the student’s school account number.

• Cheques should be made payable to the Sterling Hall School.

• Pre-Authorized Debit (PAD) is mandatory for the payment of all incidental expenses charged to a student’s account, and for monthly tuition fee instalments. Payment is by direct debit to a designated bank account, under the terms of a PAD agreement between the school and the parents or legal guardians.

• Service Fees – there is a $50 service fee for any cheque or PAD that is returned unpaid.

Statements of Account

Statements of account are prepared monthly and include not only the tuition fees, but also incidental expenses, such as expenses for books, uniforms, supplies, food services, trips, and cultural and sporting activities.

Statements are distributed by email and the full account balance is due upon receipt of the statement.

Registration Confirmation

Parents or legal guardians must confirm registration by making a payment of $12,000 (or by paying in full) within 7 days of the offer letter date. This amount includes the first tuition fee instalment amount of $8,000 and the nonrefundable admission fee of $4,000. A student’s registration will not be confirmed without this payment.

Interest Charges

Interest charges of 1.5% per month (18% per annum) are assessed on account balances outstanding over 30 days.

Accounts in Arrears

If a student’s account is in arrears as of July 31, 2020, the school reserves the right to offer the student’s place to another student. If a student’s account is in arrears as of November 30, 2020, the student will not be permitted to return to the school in January 2021 until suitable payment arrangements have been agreed with the school.

Withdrawals and Refund Policy

Notice must be made in writing (by email or mail) to the Principal’s Office to withdraw a student after registration has been completed.

• The admission fee is not refundable under any circumstances.

• If notice is received on or before February 3, 2020, there is no tuition fee payable to the School and the first tuition fee instalment of $8,000 (or the full payment) will be refunded in full.

• If notice is received after February 3, 2020, the first tuition fee instalment of $8,000 is payable to the school; the balance of a full payment will be refunded.

• If notice is received after July 1, 2020, the total annual tuition fee is payable to the school.

The school reserves the right to require the withdrawal of any student during the school year.


 

 

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