REDDAM HOUSE WATERFALL FEE STRUCTURE : 2020

FOUR TWELVE
ANNUAL
GRADE QUARTERLY MONTHLY
PAYMENT
PAYMENTS PAYMENTS
(Paid before
02/01/2020)
Stage 1 - 2 75,285 19,762 7,082
Sibling
(4) 73,026 19,170 6,870

Stage 3 - 4 87,983 23,096 8,275

Sibling
(4) 85,343 22,403 8,027

Stage 5 98,034 25,734 9,220

Sibling (4) 95,093 24,962 8,944

GRADE 1 101,802 26,723 9,577

Sibling (4) 98,747 25,921 9,289

GRADE 2 105,163 27,605 9,893

Sibling
(4) 102,008 26,777 9,596

GRADE 3 109,632 28,779 10,311

Sibling
(4) 106,343 27,916 10,002

GRADE 4 116,018 30,456 10,912

Sibling
(4) 112,538 29,542 10,585

GRADE 5 125,622 32,975 11,817

Sibling
(4) 121,854 31,986 11,463

GRADE 6 127,367 33,433 11,981

Sibling (4) 123,546 32,430 11,622

GRADE 7 131,968 34,642 12,413

Sibling (4) 128,009 33,603 12,040

GRADE 8 139,435 36,602 13,116

Sibling
(4) 135,252 35,504 12,723

GRADES 9 139,435 36,602 13,116

Sibling
(4) 135,252 35,504 12,723

GRADES 10 - 11 146,633 38,492 13,793

Sibling
(4) 142,234 37,337 13,379

GRADE 12
(5) 146,633 38,492 16,551
Sibling
(4) 142,234 37,337 16,054

Please take note of the following important information:

1) Full annual amount paid before 02/01/2020. Only electronic transfers are accepted.
Quote your Reddam House account number when doing an electronic transfer.
2) Four quarterly payments by debit order, the amounts to be debited on 02/01/2020, 31/03/2020
30/06/2020 and 30/09/2020.
3) Twelve monthly payments by debit order, the amounts to be debited on 02/01/2020, thereafter on the
last banking day of each month commencing on 31/01/2020, ending 30/11/2020. Applicable to all Grades excluding Grade 12.
4) Sibling fee: The eldest child is charged at the standard fee rate, thereafter each younger sibling is charged
at the reduced sibling rate of their relevant grade.
5) For Grade 12, ten monthly payments by debit order, the amounts to be debited on 02/01/2020, thereafter on the
last banking day of each month commencing 31/01/2020, ending 30/09/2020.

All grades: Sundry charges for school outings etc. will be charged from time-to-time and are payable monthly
upon receipt of the monthly statement.

Reddam House Waterfall; FNB; Acc 62650246426; Branch 255005; Swift code FIRNZAJJ