Business and Finance
The School delegates all business and finance operations to Mrs Helen Johnstone, Chief Financial Officer. Mrs Johnstone is supported in her work by a team of three with particular responsibility for different aspects of the School’s efficient business and finance operations.
To view the current fee schedule please click here.
The relevant extract from the school’s enrolment agreement is as follows:
Tuition Fees and associated costs are payable within 7 days, or as otherwise agreed with the School. Fees not paid by the due date are liable to incur a late payment penalty charge. Students for whom charges remain unpaid by week 5 of Term, without special arrangements in place are required to contact the Bursar. Failure to do so will compromise the student’s place and may result in the enrolment being withdrawn. Default in the payment of fees or other charges will render the parent or guardian liable to legal action for recovery of the unpaid fees and other charges.
The School maintains a variety of fee payment options to enable parents to meet the fee commitments as they fall due.
The School raises revenue from four main sources: Tuition Fees, State Government Funding, Commonwealth Government Funding, and Fundraising Activities, to meet its expenses. Approximately 55% of total revenue is generated from fee income.
The most significant expense is salaries, representing approximately 80% of the annual expenditure required to operate the School at the high level we do. Approximately 80% of expenditure is directly related to teaching and learning, including teacher salaries. The School generates annual surpluses to meet its liabilities, refurbishment and maintenance of asset costs, and importantly for future capital growth and development.
Parents considering enrolment at HVGS can have great confidence in the School’s financial asset management and resources to sustain a high quality educational service for their children.
Contact with respect to business and finance is email@example.com.