BMG 2020 Business Notice

2020 Business Notice Bacchus Marsh Grammar CONTENTS - Page 9 - 5.4 Building Levy Building Levy is an annual levy, which assists in the capital development of the School and is billed on the same basis as Tuition Fees. The Building Levy is a compulsory levy and is not tax-deductible. Students 2020 Annual Building Levy 1 Child $1,920 2 Children $2,451 3 Children $3,054 4+ Children $3,656 5.5 Family Concessions A family concession is offered to families who have more than one student at the School. Students Concession 2 nd Child 17% off Tuition Fees 3 rd Child 20% off Tuition Fees 4 th Child 30% off Tuition Fees 5 th + Child 60% off Tuition Fees 5.6 Other Concessions 5.6.1 Scholarships The School awards scholarships each year. Applications for scholarships are advertised in the newsletter, BMG website and local press. For 2020, all scholarships will be awarded for general excellence based on a student’s capacity to demonstrate academic ability as well as a willingness to significantly contribute to the broader life of the School. In accepting a Scholarship, parents/guardians are accepting that they understand that the School has a reasonable expectation that their child will complete their education at Bacchus Marsh Grammar. The School will require the full repayment of the total value of the Scholarship if students/parents do not fulfill this expectation. 5.6.2 Bursaries A limited number of Bursaries are offered to families that are suffering financial hardship. The awarding of Bursaries is at the sole discretion of the Principal. Bursaries offered to parents/guardians are conditional on student behaviour and efforts to be exemplary and will be reviewed at the end of each School year. Bursaries will generally only be considered for students who have attended the School for a considerable period of time and are in senior school. Parents/guardians must apply for a Bursary in writing and will be required to provide evidence of financial hardship. Priority will be given to families who have a Health Care Card and have received the Camps, Sports & Excursions Funding [see Section 6.4.1]. The School will require a confidential agreement to be signed by the parents/guardians and the School. 5.6.3 Discount for Payment of Tuition Fees, Consolidated Levy & Building Levy in Advance A discount of 3% of all fees and charges will be applied to a family’s account when a family pays the full 2020 Tuition Fees and all Other Charges in advance. To qualify for the fees in advance discount, a family will need to make full payment by 5 February 2020 . Any family who, at the time of the billing for 2020 Fees, has a credit balance covering the full year’s 2020 Tuition Fees and Other Charges will automatically have the 3% discount applied to their account.