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Tuition, Bursaries & Online Banking

When comparing various independent schools, it is important to consider what is included in tuition fees. Unlike many schools, Montcrest’s tuition fees cover the majority of a student's experience, including the fees associated with local field trips, enrichment activities, and most co-curricular clubs and teams; many of these items incur extra billing at other schools.

If you have any questions, please contact the Montcrest Finance Office through at 416-469-2008 (ext. 222).

Tuition Fees & Payment Plan Options 2018-19 

→ CLICK HERE for a PDF version of the Tuition Fees & Payment Plan Options 2018-19

Fees JK SK Grades 1 to 5 Grades 6 to 8   Grades 2 to 5
Small Class
Grade 6 to 8
Small Class
Tuition 19,975.00 20,975.00 28,975.00 28,975.00   38,975.00 38,975.00
Band Fee**       325.00     325.00
TOTAL Tuition & Fees 19,975.00 20,975.00 28,975.00 29,300.00   38,975.00 39,300.00

 

 

 

 

 

Payments
JK
SK
Grades 1 to 5
Grades 6 to 8
 
Grades 2 to 5
Small Class
Grades 6 to 8
Small Class

Instalment # 1
Due upon Acceptance/Re-Registration

5,000.00 5,000.00 5,000.00 5,000.00   5,000.00 5,000.00
Option 1: 1 additional payment
July 1, 2018
14,975.00 15,975.00 23,975.00 24,300.00   33,975.00 34,300.00
Option 2: 2 additional payments
July 1, 2018
December 1, 2018


7,795.00
7,000.00


8,975.00
7,000.00


15,975.00
8,000.00


16,300.00
8,000.00

 


18,975.00
15,000.00


19,300.00
15,000.00

Option 3: 10 additional payments**
July 1, 2018 to April 1, 2019
1,542.43 1,645.43 2,469.43 2,469.43**   3,499.43 3,499.43**


Important Notes:

  • A one-time, non-refundable New Student Registration Fee of $5,000 is payable upon Admission for all new students from SK to Grade 8
  • A one-time, non-refundable New Student Registration Fee of $2,500 is payable upon Admission for all new families starting in JK
  • For all Grade 6 students and NEW Grade 7 & 8 students there is a one-time Laptop Purchase Fee of $1,900 due on July 1, 2018
  • ** Band Fee of $325 for Grade 6-8 students is due on July 1, 2018
  • Online banking payments or post-dated cheques payable to "Montcrest School" are due on the 1st of each month
  • Option 3 includes Service Charges of 1.5% per month

Bursaries

Each year, Montcrest offers bursaries to families that require financial support. Families complete an online bursary application through Apple Financial Services. After reviewing a confidential report from Apple Financial, the school makes an effort to allocate any available bursary funds to as many families as possible.

Please contact the Admissions Team (admissions@montcrest.ca) for more information about bursaries. 

Payment Options

Online Banking Information

We are delighted to advise you that the Business Office of Montcrest School accepts electronic banking for application fees, tuition and aftercare payments from the following banking institutions:

  • TD Canada Trust
  • CIBC
  • Bank of Nova Scotia
  • Bank of Montreal
  • Royal Bank
  • President's Choice Financial

Banking Instructions:

Go to your online banking institution website. Under Bill Payment look for Payee Name.

Payee Name:

You will find us under the PAYEE NAME: Montcrest School

Account Name:

Your online account number is the first four letters of your child's surname, followed by 001.

(Example: Smith would be SMIT001)

Credit Card

Montcrest offers a secure online payment service by Plastiq to pay tuition fees with your credit card. 

A service charge of 2.50% will be applied and is payable to Plastiq. 

To use Plastiq as a payment option click here.

Questions?

If you are experiencing problems with registration, please contact the Business Office at 416-469-2008 ext. 222.

Thank you and we hope that this facilitates your payments to Montcrest School in the future.

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Affiliations:

Canadian Accredited Independent SchoolsConference of Independent Schools of OntarioNational Association of Independent Schools

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