FeeMaster

At HTC we believe that all schools will soon collect their fees by direct debit on a monthly basis. This will tie in with today’s payment methods for other regular outgoings and will make school fee payment more manageable for parents.

We also believe that as the school fee commitment is similar
to that of buying a house, parents will want schools to
market their fees in a way which acknowledges their
sacrifice and not only allows them to pay monthly
but expects them to pay monthly.

There are significant human and financial
resources tied up in collecting fees and
chasing late payers. As FeeMaster
enables parents to pay the fees more
easily, it reduces the risk of defaults while
still providing the full fees to the school at
the beginning of each term.

How it works?
• The school chooses the most appropriate FeeMaster option
• Parents complete and return a simple form designed specifically for the
school
• HTC confirms to parents the amount payable each month by Direct Debit
• The school will receive the full fees at the start of each term less a negotiated
operating cost

Illustration:
A school with 350 parents that usually pay £2,700 per term would result in the school receiving £945,000, less a small operating cost, at the start of each term assuming FeeMaster is adopted for the entire school population.

A full illustration of how FeeMaster can work at your school is available
on request.

Please contact HTC for more details. Email htc@pcl.co.uk