VMC Leadership Academy

VMC Fees

VMC Leadership Academy Fees

Leadership Academy 2011 starting 15th Jan	Standard Fees: *(International Students)	Subsidised Fees: *(South Africans, Developing Nations)	Due Dates: (Application Fee, Deposit and Term Fees)
Application Fee	R300	R300	Due with application form (This is a none refundable admin fee).
Deposit	R7,000	R5,000	Payable on exceptance (This is non-refundable Jan Fee).
1st Term Fee	R14,000	R10,000	Payable on arrival
2nd Term Fee	R21,000	R15,000	Payable by 7th April
3rd Term Fee	R21,000	R15,000	Payable by 7th June
4th Term Fee	R21,000	R15,000	Payable by 7th October
Total	R84,300	R 60,900	---------------

Once off Fees	Standard Fees: *(International Students)	Subsidised Fees: *(South Africans, Developing Nations)	Due Dates:
Clothing Fee	R1000	R1000	Payable by 7th March
Missions Fee	R2000	R2000	Payable by 7th June
Book Fee	R2000	R2000	R500.00 payable by the end of each term
Internet & Laundry	R2000	R2000	R500.00 payable by the end of each term
Total	R7,000	R 7,000	--------------

* For more information, please read "Explanation of Fees & Subsidiation" below.
** The total under Books and Resources is an estimate and may vary due to current book prices.

Explanation of Fees & Subsidisation:

We grant subsidy to students from Developing Nations:

(Afghanistan, Angola, Botswana, Brazil, Colombia, Congo, Dominican Republic, Ethiopia, Ghana, Kenya, Malawi, Nigeria, North Korea, Philippines, Rwanda, Somalia, South Africa, Sri Lanka, Uganda, Zambia, Zimbabwe, …).
Students from First World Nations will pay standard fees.
(Australia, Austria, Belgium, Canada, Denmark, France, Germany, Greece, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, South Korea, Spain, Sweden, Switzerland, Turkey, United Kingdom, USA,…)
However those students from First World Nations who feel they cannot afford the standard fees can apply for subsidisation.

Fees include:

The above listed fees include orientation, tuition, food, lodging; transport, local and national ministry trips and graduation.

Payments:

Fees can be paid via deposit into our bank account or cash to our financial administrator. Monthly fees are to be paid on or before the 5th of every month.
The Registration Fee is non – refundable and has to be paid with the application of the student. No student will be considered till the Registration Fee has been paid. Bank charges for international transfers are to be included in the deposited amount.

Banking Details:

Account: Victory Year of Training
Bank: Nedbank, Business Eastern Cape
Branch Code: 126317
Acc #: 1263045456
Swift Code: NED SZAJJ

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