2019 Student Handbook - Welcome 44706vc_student_handbook_ebrochure_2019_FULL_2 | Page 22

This is a once off full payment of the tuition fee with a 5% discount on the full settlement payment option. Payment must be received by latest 31 December 2018. If payment is received after this date, the full settlement option becomes applicable. PART-TIME EARLY REGISTRATION EARLY SETTLEMENT PLEASE NOTE: We reserve the right to recalculate fees without prior notice should the account payer default on payment. FINAL INSTALMENT/ PAYMENT DATE Full Settlement (closes 31 Jan 2019) N/A N/A 31 Jan 2019 10 Months N/A 31 Jan 2019 31 Oct 2019 3 Months 31 Jan 2019 28 Feb 2019 30 Apr 2019 6 Months 31 Jan 2019 28 Feb 2019 31 Jul 2019 9 Months 31 Jan 2019 28 Feb 2019 31 Oct 2019 Early Settlement (closes 31 Dec 2018) N/A N/A 31 Dec 2018 This is a once off payment of the tuition fee. Payment is due in full on or before 31 January 2019. Full settlement is a lower value amount than the 3, 6, 9 or 10 month instalment plan options. 3 MONTH INSTALMENT PLAN The deposit is due on registration or by 31 January 2019 latest and the balance over the next 3 consecutive months. This is a lower value amount than the 6, 9 or 10 month instalment plans. 6 MONTH INSTALMENT PLAN Payment options and instalment plans are: FULL SETTLEMENT PAYMENT METHODS NO CASH PAYMENTS ON CAMPUS In the interest of safety and security, cash payments are not accepted on campus and we request that you make cash payments directly into the campus bank account. The deposit is due on registration or by 31 January 2019 latest and the balance over the next 6 consecutive months. This is a lower value amount than the 9 or 10 month instalment plans. Payments by means of cheque, credit card or debit card may be made at the campus cashier. 9 MONTH INSTALMENT PLAN Cash or cheque payments may be deposited at any branch of ABSA Bank. The deposit is due on registration or by 31 January 2019 latest and the balance over the next 9 consecutive months. This is a lower value amount than the 10 month instalment plan. 10 MONTH INSTALMENT PLAN No deposit is required and the tuition fee is due over 10 consecutive months. The fi rst instalment is payable latest 31 January 2019. PREV. PAGE 22 DIRECT BANK DEPOSITS • • • PAYMENT OPTIONS AND INSTALMENT PLANS FIRST INSTALMENT DATE https://www.varsitycollege.co.za/fees-and-fi nance DEPOSIT DUE DATE Please ensure that the deposit slip is completed, accurately, as follows: Add the campus name after the words ‘VARSITY COLLEGE’, e.g. ‘VARSITY COLLEGE – PRETORIA’. See page 24 for the correct banking details for the campus that you are enrolling to study at. Payments into the incorrect campus bank account will cause a delay in crediting your account and will cause your account to go into arrears. 23 The IIE’s Varsity College programme fees are ONLY for tuition. Educational material and textbooks are for your account. PAYMENT OPTIONS The IIE’s Varsity College reserves the right, in terms of The IIE policy, to withhold assessment results as well as The IIE certifi cation until such time that all fees are settled in full. And Study Expenses Fee instalments are due on or before the last day of every month as indicated in the table below. In the event of non-payment by the due date, The IIE’s Varsity College reserves the right to deny you access to the campus. You will then be barred from attending lectures or activities on campus until such time as the arrear amounts are paid in full. During this period, you need to submit all assignments as well as write all assessments. Finance FINANCE PAYMENT DUE DATES Students studying part-time, who register and pay the minimum of the programme deposit, on or before the 17th December will qualify for a 10% discount on the Full Settlement value. NEXT PAGE