Financial Policy

3. Feeding Fee

The payment for feeding can be undertaken weekly, monthly or termly.

4. Invoices

Invoices will be issued at the end of each term. The invoice will include any additional payments and levies required. Inclusive is an amount of GHC 30.00 for non-attendance at PTA meetings without prior notice.

5. Usage of Fees

The fees and levies collected at Beavers Academy are essential for:

• Payment of Salaries and statutory contributions for teaching, administrative and non-teaching staff.
• Maintenance of buildings, grounds and other facilities and dealing with emergencies to ensure the Academy remain open throughout the year.
• Payment of Regulatory obligations i.e. SSNIT, NaSia Inspectorate Body, TWMA Renewals, GRA, Ghana National Association of Private Schools levies etc.

6. Methods of payment

The following payment methods are available:

• Please ensure you obtain a receipt outlining the amount paid with any outstanding balance.
• Beavers Academy Eco Bank Account: 1441002426602
• Cheque payable to Beavers Academy
• Mobile money on 053 511 2266 in the name of Lehona Owusu-Darko

Notice will be provided before any changes are made to the payment methods.

7. Sponsorship

Throughout the year, the management of Beavers Academy appeal to friends of the Academy for financial support to assist families in extreme hardship, as a result of major changes in their circumstances.

Should funds be donated, Beavers Academy Management will make the decision regarding who would be eligible for support, with payment strictly towards payment of fees.

Parents would be notified of the amount awarded and informed of the period of time the support would cover.

8. Refund or waiver of school fees

Save where there is a legal liability under a court order or under the provisions of this agreement to make a refund, fees will not be refunded or waived if:

• The school is temporarily closed due, for example, to adverse weather conditions;
• A parent has removed their child/ren before the normal end of the school day/term; or
• The pupil is absent through illness; or
• A term is shortened or a vacation extended; or
• For any other reasonable reason.

9. Information Sharing

As part of the admission process, Beavers Academy may verify from the child’s previous schools that all outstanding balances have been paid.

If a child is leaving Beavers Academy with an outstanding debt, the forwarding school will also be informed. 

10. Fee increases and payment terms

Fees are reviewed annually and are subject to increase from time to time, but no less than one term’s notice will be provided about any such changes. The fee payment terms will be reviewed termly.