2010-2011 Financial Handbook for Residential Students
Tuition fees cover library services, computer and technology services, basic health care, infirmary supplies, the school yearbook, tuition insurance for boarding students, and student photographs. Most program-related activities, such as camp, the theatre trip, the Grades 7 and 8 Middle School enrichment activities, travel required by the school’s athletic and cultural programs and some weekend social committee events are also included in tuition fees. All fees and charges are in Canadian dollars. Fees are not subject to the Ontario Harmonized Goods and Services Tax (H.S.T.).
Sundry Expenses and Other Charges
Personal expenses and other charges are billed monthly. Individual charges vary widely among students, due to different travel distances from the school, athletic, outdoor and cultural interests, and spending habits. Extra charges may include: text books, clothing and supplies, sundries and snacks sold in the Guild Shop, professional medical services not covered by the Ontario Health Plan, team uniforms, dry cleaning and mending services, travel to and from home and taxis to medical services, musical instrument rental, career testing and university admissions applications, private tutoring, graduation pictures, replacement student agenda, damage charges, ski and adventure trips, NSF cheques, and other optional events as they occur.
In order to maintain charging privileges, it is expected that the Sundry Expense Advance will be replenished as needed throughout the year. Cash advances and allowances to students processed by credit card are subject to a 3% administration fee.
Enrollment Fee (non-refundable) $2,000
This one time fee is payable upon acceptance of an offer of admission for new students. Receipt of the enrollment fee secures a place for a new student. This fee is not an advance payment of tuition and cannot be applied to other outstanding amounts. The fee is used to fund ongoing property and building rehabilitation.
English As A Second Language (ESL) $2,500
Students whose first language is not English must be prepared to pay this fee based on the results of diagnostic testing and the recommendation of the Assistant Head - Senior School. ESL students may require special tutoring or a special ESL class. Additionally, preparation for the Grade 10 Ontario Literacy Test, TOEFL testing, extra time for exam writing, and other language accommodations may be made.
Fee Payments
Payments should be made to Albert College by post-dated cheques, bank transfer to the Canadian Imperial Bank of Commerce (237 Front Street, Belleville, Ontario Canada K8N 2Z4, Account #10-00616, Transit # 00042, Swift Code CIBCCATT) or by Debit Card, Visa, MC or Amex. Credit card payments are subject to a 3% administration fee. Fees are billed 30 days in advance. Late payment charges for accounts outstanding at the time of billing are 1% per month. Fees are refundable, without penalty, if the school is advised in writing before May 31, 2010. After May 31, 2010, parents are liable for full fees. There is no reduction in fees after May 31, 2010 for withdrawal or dismissal for any reason. See payment plan options on the following page.
Sibling Discount
A sibling discount for additional children is $2,000. This amount will be deducted from the Summer Installment. Scholarship and Bursary amounts will be applied to the Summer Installment.
