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Can I pay my fees monthly? |
Last Update : 22 Jan 2010
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Yes, you may pay the balance of your fees, after deposit, monthly. However, if you pay monthly you will have to pay the regular discounted fees for 4 weeks of study and any discounts for longer term will be applied to your last month of study plus a 5% surcharge.
Example (fees are example only):
You want to study 6 months and the fees are $3500. The fees for 4 weeks are $800. You will pay this rate monthly
If you study 6 months, in your last month you will get a refund of $325. The calculation is: What you have paid (5x$800=$4000) minus fees for 6 months ($3500) plus the 5% surcharge ($175)= -325 refund.
If you finally deicide to study only 4 months ($2800) in your last month (month 4) you will pay: $400 (3x800=$2400-$2800) + $140(5%x$2800) = $540.00
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