Michaelhouse fee structure; Understanding school fees is essential when planning your child’s education, especially if they are attending prestigious institutions like Michaelhouse. In this blog post, we’ll delve into the fee structure for the academic year 2023/2024 at Michaelhouse.
We’ll provide you with a clear and simple breakdown of the fees and charges, ensuring that you have all the information you need.
Michaelhouse Fee Structure 2023/2024
At Michaelhouse, fees and levies are invoiced in ten equal instalments, commencing in December and continuing through to September. Debit orders are a prerequisite for payment. Let’s take a closer look at the fees and charges for the academic year 2023/2024:
| Fee/Charge | Amount (ZAR) |
|---|---|
| Non-refundable registration fee | 950 |
| Annual Board and Tuition (E to A Block) | 347,680 |
| Voluntary Development Levy | 6,100 |
| Debtors Admin Fee | 4,929 |
| (For SA residents not paying by debit order) | |
| (For Non-SA residents that do not pay fees in advance) | |
| Non-refundable acceptance fee | |
| RSA resident | 75,000 for 2024 |
| Non-resident | 173,840 for 2024 |
| (of which R66,920 is refundable at the end of your son’s Michaelhouse career) | |
| Fees after 3.5% discount | 335,511 |
Additional charges levied:
- Stationery and textbooks
- Personal purchases
- Uniform
Now, let’s break down these fees and charges in simple terms:
Non-Refundable Registration Fee (ZAR 950)
This is a one-time fee that you’ll pay when enrolling your child at Michaelhouse. It’s non-refundable, meaning you won’t get it back.
Annual Board and Tuition (E to A Block – ZAR 347,680 for 2023)
This fee covers the annual cost of boarding and tuition at Michaelhouse for the academic year 2023. It’s a significant part of the expenses.
Voluntary Development Levy (ZAR 6,100)
This is a voluntary contribution that goes towards the development of the school. While it’s optional, it can be a way to support the growth and improvement of Michaelhouse.
Debtors Admin Fee (ZAR 4,929)
This fee applies to South African residents who do not pay their fees by debit order or non-South African residents who do not pay their fees in advance. It covers the administrative costs associated with managing outstanding fees.
Non-Refundable Acceptance Fee
- RSA Resident: ZAR 75,000 for 2024
- Non-Resident: ZAR 173,840 for 2024 (of which R66,920 is refundable at the end of your son’s Michaelhouse career)
The acceptance fee is a one-time payment required to secure your child’s place at Michaelhouse. The refundable portion for non-residents is returned at the end of your son’s time at the school.
Fees After 3.5% Discount (ZAR 335,511)
If you choose to pay your fees in advance, you can benefit from a 3.5% discount, reducing your total fees to ZAR 335,511.
Additional Charges
In addition to the fees listed above, there are other costs to consider, such as stationery, textbooks, personal purchases, and the school uniform.
Conclusion
Understanding the fee structure at Michaelhouse for the academic year 2023/2024 is crucial for parents and guardians. By breaking down the fees and charges in simple terms, we hope to have provided you with a clear overview of the financial aspects of your child’s education at this prestigious institution.
It’s essential to plan your finances accordingly and ensure that you meet the payment deadlines. If you have any questions or need further information, don’t hesitate to reach out to Michaelhouse for assistance.
Investing in your child’s education is a valuable endeavor, and Michaelhouse is committed to providing a high-quality educational experience for your son.
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