IMPORTANT NOTICE

09th March 2023

This notice will explain the new fee structure and the payment options.
We have released the term fee invoices to Excalibur parent app for the second term and communicated you via telegram on
22nd of December 2022.

PAYMENTS OPTIONS FOR THE TERM FEES

PAYMENT OPTION - 1 PAYMENT OPTION - 2

Make the full-term fee through a single payment. Monthly payment method (4 monthly equal amounts).
If you are willing to pay the full-term fee through a single The option 2 grants the opportunity for you to pay the term
payment, you are requested to credit the relevant fee to our fee in four monthly equated installments as presented in the
collection account on or before 31st of January 2023. following example.

Payment deadline for above method is as follows for the There would be an incremental cost in this option and 4th
academic year 22/23. month (April) invoice value you see in the app will be matched
to the January invoice value from 1st of February. If you wish
1st Term 30th of September 2022 Already expired to pay term fees using this option, please make the payment
2nd Term 31st of January 2023 Already expired on or before the due dates stated below.
3rd Term 31st of May 2023
Please note that if you do not make the payment before
monthly due dates, a 10% surcharge will be levied by the
Term fees will be shown in your Excalibur App as stated below.
beginning of each month to the previous month’s installment.
Example : Grade 6 - 2nd Term Fee of Rs. 51,772.42 Example : Term fee - Grade 6 (If you pay only one month’s
installment these figures will be reflecting in your app)
1. January Rs. 15,014.00
2. February Rs. 15,014.00
January Installment Rs. 15,014.00 Before 31st of January
3. March Rs. 15,014.00
February Installment Rs. 15,014.00 Before 28th of February
4. April Rs. 6,730.42
March Installment Rs. 15,014.00 Before 31st of March
Total Rs. 51,772.42
April Installment Rs. 15,014.00 Before 28th of April
Please note that above figures will appear in the Excalibur
If you have not paid term fees as of now, Excalibur Mobile
App until 31st of January 2023 only.
App will reflect following figures.
If you do not make the payment for the full-term fee on or
before the payment due date as stated above, you will be January Installment Rs. 15,014.00 +1,501.40 +1,501.40
automatically transferred to the payment option 2 from (Surcharge)
1st of February 2023 onwards. Thereafter, the total term Rs. 18,016.80
fee will revise with an incremental adjustment as all four February Installment Rs. 15,014.00 +1,501.40 (Surcharge)
installments will become equated monthly installments. In Rs. 16,515.40
addition, a 10% surcharge will be levied automatically on March Installment Rs. 15,014.00 Before 31st of March
the January installment value if you default the payment April Installment Rs. 15,014.00 Before 28th of April
and will be levied for all the unpaid installment at the end Total Rs. 64,560.20
of each month. Please ensure you pay the term fees to the particular
collection account appear in the App.

Payment option 2 has been designed to support parents who are finding it difficult to make the full-term fees at once as per the
request we received from the parents.

Please note that this particular payment plan is not applicable for the students who have applied for leaving. Such student should
pay the full-term fee when applying for leaving as mentioned in SHB.

Thank you
Finance Department