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Finance (Fees – Introductory Discount)

1 min read

First created 14 September 2009
Last reviewed 14 April 2023
Review cycle Two years
Approver Senior Leadership Team
Owner Finance Manager
Stakeholders Staff, parents

Rational and Scope #

As a strategy to increase our student numbers, the Association may from time to time operate a New Family Introductory Discount (NFD). 

Policy Statements #

Accordingly:

  1. All parents who have children enrolled in the College or who are members of the Association are eligible to receive the NFD.
  2. The rate of discount is 10%, calculated on the tuition fees of the existing family
  3. The 10% discount will apply to the referring family’s tuition fee (excluding additional charges such as application fee, general purpose levy, subject fees, etc.) for a one-year period from the beginning of the term following the commencement of the students of the new family.
  4. This discount is applicable to each family introduced regardless of the number of children enrolled from that family.
  5. A member may introduce a maximum of five families in any single year.
  6. Members who do not currently have children enrolled may apply to have their membership fees credited for a future year if they introduce a family.
  7. The family applying for membership must indicate the introducing family’s details on the application form.
  8. No discount is available for applications which were already in progress at the time an existing family became aware of the prospective family.
  9. From time to time the Association may provide other fee-discounting schemes. The NF discount will be calculated on the full tuition fee amount published at the time of introduction, and as approved by the Board annually.
Finance
Updated on 17 June 2025
Finance (Asset Purchasing)Finance (Fees – Long Term Absence)
Table of Contents
  • Rational and Scope
  • Policy Statements

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