School Fee Structure

Please find the 2023 fee structure below: Fees payable over 10 months

1. Payment:

The following options are offered for the payment of school fees:

  • Monthly payment of school fees by debit order only over 10 months. A fee of R200 will be charged for debit orders that are not honoured by the bank. Debit orders will run on the 15 th or 28th of the month, or the closest working day thereto.
  • Annual payment before 31 January will attract a 5% early settlement discount on tuition fees only.
  • Annual payment before 28 February will attract a 2.5% early settlement discount on tuition fees only.
  • Cash deposits and out of the country payments will attract a bank fee and this will be charged to one’s account.
  • Interest on overdue accounts will be charged at 2% above the prime overdraft rat

2. Sibling discounts:

  • Second child – 12%
  • Third child – 15%
  • Fourth child – 20%

3. New Enrolments:

  • Application fee: R 600.00 payable on application to Grace College
  • Acceptance fee: R 4 500.00 a once-off, non-refundable fee paid to secure a place at Grace College.

 

4. Additional costs which are excluded from the fees structure are:

  • School and Sport Uniform.
    Stationery, Workbooks & International Bench Marking Tests.
  • The IEB Examination fee for Matrics is included in the Grade 12 tuition fee.
  • School Camps: costs to be determined and communicated prior to each camp. Camps will be billed in March 2023.
  • Special Outings / Tours: cost will be notified prior to each event.
  • Technology Levy: R 2 000 pa, payable over 10 months
  • Development Levy: R 3 500 pa, payable over 10 months
  • PA Levy: R400 pa, payable over 10 months
  • Annual School Magazine: R 80, payable in February.

5. A full term’s notice is required in writing for the withdrawal of pupils from the school.

 
PLEASE NOTE: ALL SCHOOL FEES ARE PAYABLE IN ADVANCE
 
GRADEMONTHLYANNUAL
Grades 8 – 9R9 150.00R91 500.00
Grade 10 – 11R9 900.00R99 000.00
Grade 12R10 760.00R107 600.00
 LEVIES (8-12)MonthlyAnnual 
 DevelopmentR350.00R3 500.00
 TechnologyR200.00R2 000.00
 PA LevyR40.00R400.00
 Total LeviesR 590.00R 5 900.00
 
Banking Details 
 
The school’s banking details are as follows:
 
STANDARD BANK
Pietermaritzburg Branch
Branch Code: 057525
Account No: 052112101
 
Please use your child’s name and surname and/or account number as a reference and e-mail/fax a copy of the deposit transaction to (033) 343 4834 or finance@gracecollege.co.za
 
 
 

 

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