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Paying fees in advance
Posted: Wed Aug 12, 2009 11:09 am
by Freya
What is the usual amount of discount given if fees are paid 2 years in advance? Do all schools operate similar schemes offering similar levels of discount or is bursar's discretion more common?
We enquired about paying 2 years in advance and discovered we would save roughly £120
I'd rather keep the money in the bank!! What a joke!
Posted: Wed Aug 12, 2009 11:21 am
by Ed's mum
I know that Ed's school offers something like this, but all of our paperwork is currently in boxes - so I won't be able to advise you. Sorry.
Posted: Wed Aug 12, 2009 11:54 am
by Guest55
I can see no point in paying in advance - it takes the only 'power' you have as a parent away. If your child has problems and these aren't resolved then the school has a hold over you.
In the current climate also very few schools are beyond the risk of closure.
Posted: Wed Aug 12, 2009 1:41 pm
by Freya
Ed's Mum - Awww thanks for even replying. I've been following your project with interest and you must be exhausted with all you have been doing! Good for you and I hope all your effort is well rewarded!
Guest55 - Good points! Will definitely keep our money in the bank!
Posted: Wed Aug 12, 2009 1:54 pm
by Ed's mum
I agree with Guest55 - keeping the money, and therefore some control, seems very sensible to me. Let's hope we never have to exercise that sort of control though.
(Yes, I am utterly exhausted!)
Posted: Wed Aug 12, 2009 7:00 pm
by Thea
We did this - didn't save a vast amount, but as we will not be paying tax on interest in the bank was worth doing, and also means do not have to think about it for another three years.
