Payment Policy

Understanding fee structure, payment methods, and deadlines

Last Updated: January 15, 2024

This Payment Policy outlines the terms and conditions regarding fee payment, due dates, late payment penalties, and acceptable payment methods at Sanskar International School. All parents/guardians are requested to read this policy carefully.

• 1. Fee Structure
• 1.1 Types of Fees

Fee Type Frequency Due Date

Admission Fee One-time At the time of admission

Monthly Fee Monthly / Quarterly / Half-yearly / Annual As per fee schedule

Transportation Fee Monthly / Quarterly By 10th of each month/quarter

Activity Fee As applicable As notified

• 2 Academic Year

The academic year at Sanskar International School runs from April to March. Fee structure is generally announced before the start of the academic year and remains valid for the entire year unless revised with prior notice.

• 2.1 Half-Yearly Payment Schedule
Term Period Payment Due Date First Half April - September March 25 - April 10 Second Half October - March September 25 - October 10
• 2.2 Annual Payment

Parents opting for annual payment can pay the entire year's fee by April 10th of the academic year. A discount of 2% may be applicable for annual payment (subject to school policy).

Important: All fees should be paid within the due date window (25th of previous month to 15th of starting month). Payments received after the 15th will attract late fee.

• 3. Late Payment Penalties
• 3.1 Late Fee Structure

Delay Period Late Fee Amount

15th - 30th ₹ 200 per month + risk of student being unable to attend classes

• 3.2 Consequences of Non-Payment
Reminder: First reminder will be sent via diary/SMS after 15th of the month. Second Reminder: Second reminder will be sent via phone call after 20th of the month. Final Notice: Final notice will be issued after 25th of the month. Suspension: If fees remain unpaid beyond the current month, the student may be suspended from attending classes until full payment (including late fees) is made. Withdrawal: Continued non-payment for two consecutive months may result in the student's name being struck off the rolls. Re-admission, if permitted, will be treated as a fresh admission with applicable fees.
• 4. Accepted Payment Methods
• UPI/ Bank Transfer / NEFT / RTGS only by using school's online payment portal. Please ensure to mention the student's admission no. and class in the transaction remarks.

Bank Details:

Account Name: Sanskar International School

Account Number: 100605500879

Bank: ICICI Bank

Branch: Jhumri Telaiya

IFSC Code: ICIC0001006

Online Payment Portal:

Parents can pay fees through our secure online payment portal using Google Pay, PhonePe, Paytm, and other UPI apps, credit cards, debit cards, or net banking. Visit www.sanskarint.in/payfee to access the portal.

• 5. Payment Guidelines
Always obtain a receipt for any cash payment made at the school office. Online payment receipts will be sent via email/SMS. Please save them for future reference. In case of any discrepancy in fee amount, please contact the accounts office immediately. Parents are advised to pay fees well before the due date to avoid last-minute technical issues.
• 6. Fee Revision

Sanskar International School reserves the right to revise the fee structure at any time. In case of fee revision:

Parents will be notified at least one month in advance through written communication/diary/SMS.

The revised fee structure will be applicable from the date mentioned in the notice. Fee revision, if any, is generally implemented at the beginning of the academic year.

• 7. Concessions
• 7.1 Sibling Concession

A concession of 5% on tuition fee is available for the second child of the same family studying in Sanskar International School.

• 7.2 Staff Concession

Children of school staff may be eligible for fee concession as per school policy.

• 7.3 Economic Weaker Section (EWS)

Concessions for EWS students are provided as per government norms and school policy.

Note: All scholarships and concessions are subject to verification and approval by the school management.

• 8. Transportation Fee
• 8.1 Calculation

Transportation fee is calculated based on the distance from the student's residence to the school and the route availability.

• 8.2 Payment

Transportation fee can be paid monthly, quarterly, half-yearly, or annually along with tuition fees.

• 8.3 Refund

If transportation service is discontinued by the parent, one month's notice is required. Refund for unused months will be provided after deducting notice period charges.

• 9. Caution Money / Security Deposit (if applicable)

Caution money is collected at the time of admission and is refundable at the time of withdrawal.

No interest is paid on caution money.

Refund is processed within 45-60 days after all school dues are cleared and formalities completed.

• 10. Digital Payment Receipts and Records

For all digital payments, an automated receipt will be generated and sent to the registered email ID and mobile number. Parents are requested to:

Keep the receipt for future reference

Check the school diary or parent portal for fee records

Report any discrepancies within 15 days of payment

• 11. Fee Dispute Resolution

In case of any dispute regarding fee amount, payment, or related matters:

Contact the class teacher or school accounts office for clarification

If not resolved, escalate to the Principal in writing

The decision of the School Management Committee shall be final and binding

• 12. Important Notes

Fees once paid are non-refundable and non-transferable (except caution money as per policy).

The school is not responsible for any delay in online payments due to technical issues from the bank or payment gateway.

Parents should update any change in contact details to ensure timely receipt of payment reminders and receipts.

This policy may be amended from time to time. Please check the school website for the latest version.

• 13. Contact for Payment Related Queries

For any questions regarding payments, fee structure, or receipts, please contact:

Email: sanskarint@gmail.com

Phone: +919934559879/ +916299251029

Office Hours: Monday to Saturday, 8:00 AM to 2:00 PM

By paying fees to Sanskar International School, you acknowledge that you have read, understood, and agree to this Payment Policy.