Please or to access all these features

Add post

Watch this thread

Save thread

Start a new thread

Flip thread

Hide thread

My feed

Active Unanswered threads

Getting started FAQ's

Unanswered threads Acronyms Talk guidelines

Hide shortcut buttons

Talk

Primary education

Join our Primary Education forum to discuss starting school and helping your child get the most out of it.

Flip

1 2

Original poster

Paying Prep fees monthly

30 replies

southbanklounger · 16/07/2022 13:35

As a lot of us feel the pinch with the rotten state of affairs with gas bills, petrol bills, salary stagnation ( for me anyway) etc..We asked our prep if we could pay monthly rather than paying termly.

The school said yes and will send details. Can anyone be so kind to explain how it all works, I don't want to piss the school off asking a thousand questions and they said they are sending all info soon anyway.

What I wanted to know is it a case of term fees for year divided by 10 and I pay that each month with nothing due July / August ??

Thanks in advance for any help !!

OP posts:

Are your children’s vaccines up to date?

Set a reminder

pizzaandgin · 18/07/2022 08:34

I used to divide the school fee into 11 and have a direct debit from my account into a separate account. And used to keep the money in there ready to pay for fees. The only reason I did 11 not 12 was I kept Dec money for Christmas

JudgeRindersMinder · 18/07/2022 08:36

southbanklounger · 17/07/2022 21:53

@Plinkton

I remind you as I posted earlier, 'I grew up poor, without much'.

If you grew up in abject poverty in a council flat with a drug using mother, and left school at 15 - lets see how complex your sentence structures are you utter and complete knob, snob.

Don't worry, her Daddy is Middle classed ( Russell group uni, and Masters Degree) so at least half the household aren't illiterate scum.

Show quote history

👏🏻👏🏻👏🏻👏🏻👏🏻

Digimoor · 18/07/2022 13:15

I just checked and ours is 3.10% (equivalent to an APR of 5.80%)
So on a years fees of £18000 you would pay an extra £558.00

SafelySoftly · 18/07/2022 15:47

I can’t imagine sending my kids to private if I was so concerned about budgeting for said fees that I am asking to pay monthly.

Holidaydreamingagain · 18/07/2022 16:01

SafelySoftly · 18/07/2022 15:47

I can’t imagine sending my kids to private if I was so concerned about budgeting for said fees that I am asking to pay monthly.

It has nothing to do with it. It's the sensible way to pay if you don't have to pay extra. We always paid monthly from salary, didn't mean we didn't have the money. At our school you could only pay termly by special arrangement they wanted it monthly, I guess it helps their cashflow

Flip

1 2