With more than one million young Australian students enrolled in over 2,000 non-government schools1, managing the payment and collection of school fees is emerging as a major issue for parents and schools.
Recent years have seen unprecedented reports of schools’ increasing the use of debt collectors as a last resort to collect school fees from parents, who are under pressure to make ends meet.
In the midst of a more promising, yet still uncertain financial landscape, private, independent and grammar school fees look set to increase a further 5 – 8 percent in 2011. As a result, parents are likely to experience more pressure than ever to try to manage the payment of increased school fees.
Spread the payments, ease the pain
Budgeting for large lump-sum school term fees or semester payments can be difficult for any family. Fortunately, School Plan was created to alleviate some of the stress involved in paying school fees, by allowing families to pay in easy-to-manage monthly instalments.
School Plan is a school fee payment service, designed to help Australian families manage the payment of school fees which exceed $1000 per annum. School Plan can accommodate the following types of school fees:
School Plan can cover any fixed school fees - whether they are school tuition fees, boarding fees, camp fees, building fund donations or extra-curricular activities such as music lessons. School Plan liaises directly with the child’s school on the families behalf to confirm all the fees that will apply through the year, and to pay them by the due date.
If you would like to find out more, please make an enquiry on our Contact Us page or call our customer service team on 1800 337 419.
1Independent Schools Council of Australia (ISCA), Statistics – Full-time Enrolments by sector and level schooling 1993 – 2009, and Number of schools in Australia by sector and type 1090 – 2009 www.isca.edu.au, sourced by the Australian Bureau of Statistics (ABS).