INSTALMENT SCHEDULE Clause Samples
The Instalment Schedule clause sets out the timing and amounts of payments that must be made in stages over the course of a contract. Typically, it details when each payment is due, such as upon signing, delivery of goods, or completion of specific milestones, and may include the exact sums or percentages payable at each stage. This clause ensures both parties have a clear understanding of the payment timeline, reducing the risk of disputes and helping manage cash flow throughout the contractual relationship.
INSTALMENT SCHEDULE. Instalment1 Schedule Amount (with GST, if any) (S$) Date Due2 Each of Grade 1 to 5 Course Fee 1st instalment 2nd instalment 21,323.00 21,323.00 01 May# 01 Oct Total Course Fees Payable: 42,646.00 1 Each instalment amount shall not exceed the following: ● 12 months’ worth of fees for EduTrust certified PEIs*; or ● 6 months’ worth of fees for non-EduTrust-certified PEIs with Industry-Wide Course Fee Insurance Scheme (IWC)*; or ● 2 months’ worth of fees for non-EduTrust-certified PEIs without IWC*. * Delete as appropriate by striking through. # or such later date as may be specified in your fee invoice. 2 Each instalment after the first shall be collected within one week before the next payment scheduled. MISCELLANEOUS FEES3 Purpose of Fee Amount (With GST, if any) and When Payable (S$) Application Fee (non-refundable) 851.00 upon application Enrolment Fee (Once only, non-refundable, new enrolment student only) 3,685.00 upon acceptance of offer / placement Facility Fee (Once only, non-refundable, new enrolment student only) 7,392.00 Upon acceptance of offer / placement English as an Additional Language (EAL) Fee – Level B English as an Additional Language (EAL) Fee – Level A 8,042.00 per annum 13,150.00 per annum SSD Fee T2+ T3 T3+ 5,469.00 per quarter 11,941.00 per quarter 14,374.00 per quarter Examination Fee 0 – 2,000.00* Upon registration for examination Academic Field Studies** 150.00 – 4,000.00** Prior to activity commencement Co-curricular Activities 5.00 – 2,000.00* Prior to activity commencement Report Copy Fee 15.00* Prior to issuance of report Uniforms 0 to 500.00* Upon purchase of uniform Bank / Transfer Charges 20.00 - 30.00* Varies between banks Convenience charge where payment of fees are made via credit card 2.5% of the fee amount payable Penalty fee for loss of library book 20.00 Upon loss of library book. Penalty fee for loss of family card 30.00 Upon replacement of family card. Penalty for loss of IT equipment (iPad/MacBook) iPads (up to 3 Years) 100.00 – 1,000.00 MacBook’s (up to 3 years) 500.00 – 2,000.00 Upon replacement of lost equipment. Penalty for late fee payment 2.0% per month on any overdue amount as per the Course Fee Instalment Schedule Due Dates For Reference Only * These figures are estimates only and notification will be made of the actual amount prior to payment ** Will be invoiced together with Course Fee, if applicable. Non-refundable and non-transferable 3 Miscellaneous Fees refer to any non-compulsory fees which the stud...
INSTALMENT SCHEDULE. Instalment1 Schedule Amount (with GST, if any) (S$) Date Due2 Foundational Academic English with Teacher Guidance – Secondary Grade 7 (E-Learning) Course Fee Instalment $3,457.00 For Jan entry, 01 Jan For Jul entry, 01 Jul Total Course Fees Payable: $3,457.00 1 Each instalment amount shall not exceed the following: ● 12 months’ worth of fees for EduTrust certified PEIs* * Delete as appropriate by striking through. # or such later date as may be specified in your fee invoice. 2 Each instalment after the first shall be collected within one week before the next payment is scheduled. SCHEDULE C MISCELLANEOUS FEES3 Purpose of Fee Amount (with GST, if any) and When Payable (S$) Application Fee (non-refundable) 121.00 Upon application Enrolment Fee 0 Non-applicable Examination Fee 0 – 2,000.00* Upon registration for examination Report Copy Fee 15.00* Prior to issuance of report Bank / Transfer Charges 20.00 - 30.00* Varies between banks Convenience charge where payment of fees is made via credit card 2.5% of the fee amount payable Penalty for late fee payment 2.0% per month on any overdue amount as per the Course Fee Instalment Schedule Due Dates * These figures are estimates only and notification will be made of the actual amount prior to payment ** Will be invoiced together with Course Fee, if applicable. Non-refundable and non-transferable
INSTALMENT SCHEDULE. Pre-K (Full-day) 4-day Course Fee 1st instalment 2nd instalment 12,869.00 12,869.00 01 May 01 Oct Total Course Fees Payable: 25,738.00 Instalment% Schedule Amount (with GST, if any) (S$) Date Due ** Pre-K (Full-day) 3-day Course Fee 1st instalment 2nd instalment 10,111.00 10,111.00 01 May 01 Oct Total Course Fees Payable: 20,222.00 Instalment% Schedule Amount (with GST, if any) (S$) Date Due ** Pre-K (Half-day) 5-day Course Fee 1st instalment 2nd instalment 9,723.00 9,723.00 01 May 01 Oct Total Course Fees Payable: 19,446.00 Instalment% Schedule Amount (with GST, if any) (S$) Date Due ** KG 1 (Full-day) 5-day Course Fee 1st instalment 2nd instalment 18,357.00 18,357.00 01 May 01 Oct Total Course Fees Payable: 36,714.00 Instalment% Schedule Amount (with GST, if any) (S$) Date Due ** KG 1 (Half-day) 5-day Course Fee 1st instalment 2nd instalment 12,446.00 12,446.00 01 May 01 Oct Total Course Fees Payable: 24,892,00 Instalment% Schedule Amount (with GST, if any) (S$) Date Due ** KG 2 (Full-day) 5-day Course Fee 1st instalment 2nd instalment 19,222.00 18,372.00 01 May 01 Oct Total Course Fees Payable: 37,594.00 %Each instalment amount shall not exceed the following: • 12 months’ worth of fees for EduTrust certified PEIs*; or • 6 months’ worth of fees for non-EduTrust-certified PEIs with Industry Wide Coverage (IWC)*; or • 2 months’ worth of fees for non-EduTrust-certified PEIs without IWC*. # or such later date as may be specified in your fee invoice. ** Each instalment after the first shall be collected within one week before the next payment scheduled. MISCELLANEOUS FEES1 Purpose of Fee Amount (With GST, if any) and When Payable (S$) Application Fee (non-refundable) 800.00 Upon application Enrolment Fee (Once only, non-refundable, new enrolment student only) 3,360.00 Upon acceptance of offer / placement Facility Fee (Once only, non-refundable, new enrolment student only) 2,675.00 Upon acceptance of offer / placement English as an Additional Language (EAL) Fee Sheltered English as an Additional Language (EAL) Fee 6,792.00 per annum 11,320.00 per annum Examination Fee 0 – 2,000.00* Upon registration for examination Academic Field Studies** 150.00 – 4,000.00** Prior to activity commencement Co-curricular Activities 5.00 – 2,000.00* Prior to activity commencement Report Copy Fee 15.00* Prior to issuance of report Uniforms 0 to 500.00* Upon purchase of uniform Bank / Transfer Charges 20.00 - 30.00* Varies between banks Convenience charge where payment of fees are...
INSTALMENT SCHEDULE. Instalment1 Schedule Amount (with GST, if any) (S$) Date Due2 1st instalment 2nd instalment etc.
INSTALMENT SCHEDULE. 🞏 Four equal instalments of $ on ▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇ May, 6th June 2020
INSTALMENT SCHEDULE