APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate (...

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Please find the Application Form and Registration Contract, below, that includes information on the tuition fees, as well as the terms and conditions. Please ensure that you (the applicant), the principal payer and/or the co-payer select all the places where indicated and submit only when you are sure that you have comepleted all required fields. To enable us to process your enrolment you are required to submit the below mentioned documentation to the Academy. Register before 30 June 2016 and qualify to pay 2016 tuition fees instead of 2017 tuition fees. T&C: Registration fee and deposit must also be paid by 30 June 2016. P P P P P International students need to apply for their study permit. We will contact you telephonically whether your registration has been approved or not. You will receive an acceptance letter in the post and/or via e-mail informing you of the acceptance or non-acceptance of your registration. Kind regards, Your partner in education. R1500.00 non-refundable administration/registration fee – Attach the deposit slip or receipt. (No application will be considered without this fee). The Principal Payer/Co-Payers documents must be attached. Attached Certified copy of the principal payer and co-payer Identity Document(s) Latest Salary slip(s)-(if individual person(s) are the account payers) or the latest Financial Statements (if company is the account payer) Our banking details are: Account holder: Prestige Academy (Pty) Ltd Account no: 4055701188 Bank: Absa Branch Code: 632005 Early Payment Discount Options: The following early payment discount applies: P You will then need to make payment of the programme deposit (R7000) by no later than 30 November 2016. Should you wish to make use of a bank loan, you need to proceed with your application at the financial institution of your choice. P Further steps after we have received the above mentioned documentation and R1500.00 non-refundable administration/application fee: Early Enrolment Discount Options 7.5% if you settle the full programme fee by 30 September 2016 5% if you settle the full programme fee by 30 November 2016 2.5% if you settle the deposit on 30 November 2016 and the balance of the programme fee by 15 January 2017 Your student number will be issued. GUIDE TO COMPLETE YOUR DIGITAL APPLICATION Please note that fees for Bellville and Centurion campuses differ. Applicant Attached Fully completed and signed Application Form / Registration Contract Certified copy of Grade 11 results, or April/June Grade 12 results (if currently in Grade 12) Certified copy of your final Grade 12 results and your National Senior Certificate (if grade 12 is completed) Certified copy of your Identity Document Registered as a Private Higher Education Institution with the Department of Higher Education and Training in South Africa under the Higher Education Act 1997 Registration No 2001/HE07/005 Prestige Academy (Pty) Ltd is registered under the Companies Act, 1973 (Act 61 of 1973), with Registration No. 2002/014082/07 Physical Address /Fisiese Adres: Bellville Business Park/Besigheidspark DJ Wood Way/Weg Bellville 7530 Directors/Direkteure: S Mostert, E Gallowitz, T Schoeman [email protected] Tel No/Nr. (021) 949 5036 Fax/Faks: (021) 948 1859 Postal Address/Posadres: PO Box/Posbus 2220 Bellville 7535

Transcript of APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate (...

Page 1: APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate ( Internetwork System Specialist) (ISS) (NQF5) Degree: BCom (Digital Marketing) (NQF7)

Please find the Application Form and Registration Contract, below, that includes information on the tuition fees, as well as the terms and conditions. Please ensure that you (the applicant), the principal payer and/or the co-payer select all the places where indicated and submit only when you are sure that you have comepleted all required fields. To enable us to process your enrolment you are required to submit the below mentioned documentation to the Academy.

Register before 30 June 2016 and qualify to pay 2016 tuition fees instead of 2017 tuition fees.

T&C: Registration fee and deposit must also be paid by 30 June 2016.

P

P

P

P

P International students need to apply for their study permit.

We will contact you telephonically whether your registration has been approved or not. You will receive an acceptance letter in

the post and/or via e-mail informing you of the acceptance or non-acceptance of your registration.

Kind regards, Your partner in education.

R1500.00 non-refundable administration/registration fee –

Attach the deposit slip or receipt. (No application will be considered without this fee).

The Principal Payer/Co-Payers documents must be attached. Attached

Certified copy of the principal payer and co-payer Identity Document(s)

Latest Salary slip(s)-(if individual person(s) are the account payers)

or the latest Financial Statements (if company is the account payer)

Our banking details are:

Account holder: Prestige Academy (Pty) Ltd Account no: 4055701188 Bank: Absa Branch Code: 632005

Early Payment Discount Options:

The following early payment discount applies:

P

You will then need to make payment of the programme deposit (R7000) by no later than 30 November 2016. Should you wish

to make use of a bank loan, you need to proceed with your application at the financial institution of your choice.P

Further steps after we have received the above mentioned documentation and R1500.00 non-refundable administration/application fee:

Early Enrolment Discount Options:

7.5% if you settle the full programme fee by 30 September 2016

5% if you settle the full programme fee by 30 November 2016

2.5% if you settle the deposit on 30 November 2016 and the balance of the programme fee by 15 January 2017

Your student number will be issued.

GUIDE TO COMPLETE YOUR DIGITAL APPLICATIONPlease note that fees for Bellville and Centurion campuses differ.

Applicant Attached

Fully completed and signed Application Form / Registration Contract

Certified copy of Grade 11 results, or April/June Grade 12 results (if currently in Grade 12)

Certified copy of your final Grade 12 results and your National Senior Certificate (if grade 12 is completed)

Certified copy of your Identity Document

Registered as a Private Higher Education Institution with the Department of Higher Education and Training in South Africa under the Higher Education Act 1997 Registration No 2001/HE07/005

Prestige Academy (Pty) Ltd is registered under the Companies Act, 1973 (Act 61 of 1973), with Registration No. 2002/014082/07

Physical Address /Fisiese Adres:Bellville Business Park/BesigheidsparkDJ Wood Way/WegBellville7530

Directors/Direkteure: S Mostert, E Gallowitz, T Schoeman

[email protected] No/Nr. (021) 949 5036Fax/Faks: (021) 948 1859

Postal Address/Posadres:PO Box/Posbus 2220

Bellville7535

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2 0 1 7

SECTION 1: SELECT QUALIFICATION WITH AN “X”

D D M M Y Y Y Y

D D M M Y Y

Cell

Fax

Yes No Ages

No Yes

No Yes

No Yes

X-Large XX-Large XXX-Large

SECTION 3: MEDICAL INFORMATION Attach relevant documentation of disabilities and/or a medical certificate from a medical practitioner if the student has special learning needs and requires additional time for examinations. Late requests for amanuensis examinations for the student will only be allowed until end of January 2016

Family Doctor (GP) Tel. Number

Do you have any physical Description

Do you have any Description

SECTION 4: STUDENT PACKMark your preferred size with

an "X"

Student Winter

Top

Work Tel No.

Email Address

High School Name

DivorcedMarital Status Single

DATE OF APPLICATION

Physical Address Postal Code

Medical Aid Name Medical Aid No.

Do you have any learning

disabilities?Description

Zulu

Small Medium Large

Home Tel No.

Married

English Afrikaans isiXhosa

Application for studies

STUDENT NUMBER

(Office use)

Your Admission fee of R1500 must accompany this applicationSECTION 2: PERSONAL DETAILS OF APPLICANT

South African Namibian Botswana Zimbabwean Other

(Specify)

Excellent Good

Postal Code

Postal Code

Other (Specify)

AverageBelow Average

Gender Male Female

Title (e.g. Mr, Ms)

Surname

Full Name/s

Nick Name

SA Identity Number

Date of Birth

Home Language

Speak & Write English

Nationality

Home Address

Postal Address

Please complete in Block Letters

Duration:

Years

Duration:

Years

Children

Matriculation Year

ColouredPopulation Group White Black

Widowed

Indian Other

SAQA QUALIFICATIONS SAQA ID SAQA QUALIFICATIONS SAQA ID

APPLICATION FORM & REGISTRATION CONTRACT

disabilities?

psychological conditions?

3 2

3 1

3

3 3

3 3

3 2

3 2

2 2

1 2

1 1

1 1

1

1

60229

57227

71821

96714

96731

88866

36137

90513

49749

Second Choice:

83188

60450

Degree: B (Applied Arts) (3D Animation) (NQF7)

Degree: BCom (Business Management) (NQF7)

62169Higher Certificate (Film & TV Make-Up Design) (NQF5)

Diploma (Business Management) (NQF6)

Diploma (3D Design & Digital Animation) (NQF5)

Higher Certificate (Business Accounts Administrator) (NQF5)

Diploma (Print Production & Design) (NQF5)Diploma (Tourism Management) (NQF6)

Higher Certificate (Desktop Publishing & Computer Art) (NQF5)

Diploma (Event Management) (NQF6)

Diploma (Graphic Web Design & Web Development) (NQF5)Diploma (Executive Secretarial Studies) (NQF5)

Higher Certificate (Graphic Web Design) (NQF5)

84906

80526

BUSINESS FACULTYINFORMATION TECHNOLOGY FACULTY

Diploma (Information Technology Network Integration

Specialist) (ITNIS) (NQF5)

Higher Certificate (Internetwork System Specialist) (ISS) (NQF5)

Degree: BCom (Digital Marketing) (NQF7)

Degree: BCom (Business Marketing) (NQF7)

Diploma (Business Marketing) (NQF6)

Higher Certificate (Business Marketing) (NQF5)

83227

60469

Degree: BA (Visual Arts) (Visual Communication Design) (NQF7) 80448

90907

82146

84887

83187

60471

96715

Certificate (Executive Secretarial Studies) (NQF5)

Advanced Certificate (Communication Photography) (NQF6)

Higher Certificate (Photography) (NQF5)

ARTS & DESIGN FACULTY

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No Yes

Cell

Fax

Divorced Widow/er

Casual/Temp Pensioner

English

South

Cell

Fax

Postal Code

Cell

Fax

Cell

Fax

isiXhosa

SECTION 8: FAMILY REFERENCE CONFIRMATION AND OTHER DETAILS

Where did you hear Exhibition

School Presentation

Friends/ Family Ex-Student Newspaper Google Facebook

Have you applied Where?

SECTION 6: PERSONAL DETAILS OF PRINCIPAL PAYER OF ACCOUNT / SPONSOR

ZimbabweanOther (Specify)

Single

Unemployed

Employer

Postal Address of

Out of Community of

Permanent

Afrikaans isiXhosa Zulu

Work Tel No.

Postal Address

Email Address

Employer

Postal Address of

Position in Company

Other (Specify)English Afrikaans Zulu

SECTION 5: MARKETING INFORMATION

Position in

Employment Status ContractSelf-employed

SA Identity Number

Postal Code

South Namibian Botswana

Title (e.g. Mr, Ms)

Surname

Full Name/s

Relation to applicant

Home Tel No.

Work Tel No.

Home Address

Postal Address

Home Language

Nationality

Postal Code

Permanent Casual/Temp Pensioner Unemployed

Title (e.g. Mr, Ms)

Surname

Full Name/s

SA Identity Number

Relation to applicant

Home Tel No.

Work Tel No.

Home Language

Postal Code

Postal Code

Contract

Postal Code

SECTION 7: PERSONAL DETAILS OF CO-PAYER OF ACCOUNT / SPOUSE

Namibian Botswana ZimbabweanOther (Specify)

*If married in Community of Property, complete spouse details. If signing as co-payer, also complete. If company/bursar is the Principal payer, parent/guardian must still sign as co-payer.

Nationality

Home Address

Other (Specify)

Email Address

Marital Status

Employment Status

Community of

Self-employed

Full Name/sFamily reference contact

details (Not living with

you and not the Principal-

payer or Co-payer)

Title

Surname

Address

Home Tel No.

Where the Account Payer is not the parent or legal guardian, this information needs to be filled in.

Full Name/s

Postal Code

Work Tel No.

Title (e.g. Mr, Ms)

Surname

Relation to applicant

Home Tel No.

about us?

anywhere else?

African

Property Property (with accrual)Out of Community of Property(without accrual)

Employer

African

Employer

Company

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Yes No

Company/Bursar Tel:

Yes No

Financial Tel:

Yes No

Yes NoDo you wish to make use of hostel accommodation offered by Prestige Academy?

Other loans monthly repayments (1)

Current School Fees / University Fees

Credit Card monthly repayments

Have you ever been under debt review or are you currently under debt

review or have you been declared insolvent?

Nett Month salary

Regular Overtime

Fuel / Travel Expenses

Life Insurance Policies

Short Term Insurance on house and car

Food for family

Clothing for family

R

No Yes No

R R

R

Should you wish to use any of the options listed in Section 9b, you will need to complete the below section to obtain an incidental credit approval from Prestige Academy.

Will you be able to pay the monthly installments over 10 months in the event of the external bursary and/or student loan not being approved?

CREDIT ANALYSIS

10 Installments to Prestige Academy

Have you applied for an external bursary?

Have you applied for a student loan?

Domestic: Water / Electricity (Average)

Vehicle/s Installments

SECTION 10: APPLICATION FOR HOSTEL ACCOMMODATION

R

R R

R R

R

Principal Payer Co-Payer

R

R R

R R

A separate hostel application form must be completed when applying for hostel accommodation. E-mail [email protected] to request a hostel application form

or contact one of the marketing executives on (021) 9495036. The hostel application form must be filled in and handed in together with the course registration form.

Specify Other Income e.g. Rental Income (After deductions)

*Please attach Proof

A: Total Monthly Income

House Bond/s

SECTION 9a: PAYMENT METHOD

Indicate with an "X" in the provided block, the method of Payment for the Programme Fee

Full Programme Fee (Before 30 September 2016)

Full Programme Fee (Before 30 November 2016)

Full Programme Fee (Before 15 January 2017)

SECTION 9b: EXTERNAL STUDENT LOAN OR INCIDENTAL CREDIT PLAN

A-B: Nett Monthly Income less Expenditure

R R

R R

R R

R R

R

R R

R R

R

Other loans monthly repayments (2)

R R

R R

R R

Other loans monthly repayments (3)

B: Total Monthly Expenditure

Rent

Home Rates/Tax (Average) R R

R R

R

R R

Yes

Institution

When applying for a student loan with a financial institution, you will still be required to complete the below-mentioned credit analysis.

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This programme registration contract applies only to the 1st academic year (2017). An annual registration for every new academic year is required and the

annual registration fees apply to such annual registration.

Prestige Academy (Pty) Ltd is registered with the Department of Higher Education and Training as a Private Higher Education Institution under the Higher

Education Act of 1997 (Registration Certificate No. 2001/HE07/005). All qualifications are registered with the South African Qualifications Authority (SAQA).

The official prospectus of Prestige Academy contains the particulars of each programme offered by Prestige Academy. The Student is advised and encouraged

to peruse and study the prospectus in consultation with the marketing executive of Prestige Academy and his/her guardian in order to ensure that the student

registers for the correct programme. The importance of such correct application is stressed in light of the mentioned cancellation penalty applicable to

cancellations. Prestige Academy (Pty) Ltd reserves the right to alter timetables and programme commencement dates. Written notice to the student/

consumer and/or on its website will be given.

11.3.2 CHANGES TO SYLLABUSPrestige Academy (Pty) Ltd has the right to make changes to the programme syllabus and admission requirements at any time, without prior notificationand without furnishing reasons therefore. Changes will be communicated on our website or through written communication to the student as soon as the changes have been approved by the academic committee.

11.4.1 APPLICATION DATE

The closing date for applications/registrations is 30 November 2016. The application fee is payable upon registration. (Refer clause 11.4.2)

11.4.2 APPLICATION ADMINISTRATION/APPLICATION FEE PAYABLE (NON-REFUNDABLE)The administration/application fee for the programme is R 1 500,00 and is payable when handing in the application form. No administration or approval of application will take place unless the application fee has been paid. By paying the administration/application fee it does not automatically mean that the applicants’ application has been approved as several admission criteria must first be met. This fee is non-refundable.

An additional R 500,00 will be charged for late applications as from 15 January 2017. In the event of a student arriving after commencement of classes, and thestudent requires additional tuition other than official group classes, an additional R 300,00 per hour will be charged.

11.5.1 TUITION FEES & DEPOSITThe tuition fees of this contract are fixed for 2017. Prestige Academy (Pty) Ltd reserves the right to make changes in these fees only in the case where an additional subject is added to the syllabus and additional costs therefore apply. The programme deposit (1st payment of R 7 000,00) is payable by no laterthan 30 November 2016.

11.5.2 EARLY ENROLMENT DISCOUNTIf a student enrols before 30 June 2016 and pays the R 1 500,00 application fee and R 7 000,00 tuition deposit, the candidate will qualify to pay 2016 tuition fees for the programme applied for, instead of 2017 fees.

Discount as per fees list applies (last page of this contract). No discount for full payment is given after 15 January 2017, even in the case of bank loans and/or

external bursaries are paid out after 15 January 2017.

11.7.1 TEXTBOOKS - Only applicable to Diploma in Information Technology Network Integration Specialist, or the Higher Certificate in Internetwork System Specialist Certain textbooks are included for the above two qualifications only. Prestige Academy reserves the right to make changes to tuition fees for 2017 in respect of these programmes, should there be an increase in supplier fees. In some instances, the textbooks become the property of the students and in other instances the textbooks are borrowed by Prestige Academy to the student or notes are given for study purposes. Textbooks may be given electronically or in hard copy. The above mentioned information will be clearly communicated in the study guides. If the books that are noted as Prestige Academy’s property are stolen/lost and/or not returned on the final examination date, the student's account will be invoiced and the principal payer/co-payer will have to pay the replacement cost and courier fee for these books. No textbooks will be issued unless the course deposit has been paid.

No textbooks are included in the programme fees except for the qualifications mentioned in par 11.7.1. Estimated textbook amounts are quoted on the last

page of this document. It is the sole responsibility of the student to purchase these books in advance and prior to programme commencement. The student

will receive the book list prior to programme commencement. It is the responsibility of the student to ensure that he/she purchases the correct book and the

correct version.

IT related examinations such as CompTia A+, MCSA and MCSE, etc. is not included in the tuition fee. All other assessment fees are included in the tuition fee.

The first year student pack fee includes: Student card, branded winter top and bag, induction camp (compulsory), 1st year braai and year book. This fee is

payable by 1 January 2017. No refunds are given if a student does not attend the events.

11.10 ADDITIONAL FEES: Kits & Portfolio BagsAs part of the Visual Communication Design, Photography and Make-up qualifications, a separate kit price (products) is charged. The first part of the kit is payable on 1 January 2017 and the 2nd part on 1 June 2017. No kit will be issued without these fees being paid. If a student enrolled for the make-up qualification before 30 November 2016, and paid his/her registration fee and deposit, the student will receive the make-up kits free. Printing fees are for the student's account.

SECTION 11: TERMS AND CONDITIONS / DECLARATION

11.1 DURATION OF REGISTRATION CONTRACT

11.2 ACCREDITATION OF PRESTIGE ACADEMY (PTY) LTD

11.3.1 QUALIFICATION REGISTERED FOR

11.6 EARLY PAYMENT DISCOUNT

11.7.2 TEXTBOOKS: ALL OTHER PROGRAMMES

11.8 ADDITIONAL FEES: International recognition, examinations and external bodies

11.9 ADDITIONAL FEES: Student Pack & Uniforms

11.4.3 LATE APPLICATION FEE (NON-REFUNDABLE)/ARRIVING LATE

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11.11 ADDITIONAL FEES: Transport, Excursion & Entrance Fees

No transport, accommodation, food or entrance fees relating to any official excursions or social events are included in the fees.

If a student wishes to transfer from one qualification to another, he/she must apply in writing to do so within the first 7 days after commencement of

classes. This transfer cannot be guaranteed as many factors first have to be taken into consideration. They are:• availability of space in the classroom where the student wants to be transferred to (the new qualification)

• the amount of teaching time and work the student has missed out on

• portfolio requirements to be adhered to prior to commencement of course i.e. BA (Visual Arts) (Visual Communication Design), BA (Applied Arts)

(3D Animation) and Diploma in 3D Design and Digital Animation.

Irrespective of the programme the student is transferring to, a minimum administration fee of R 200,00 is payable. The student will also be required to purchase textbooks for the programme they are transferring to. No copies of text books will be made due to a student not having the correct textbook on

time. If textbooks have been ordered and purchased for the original programme the student enrolled for, no refunds will be given on returns. In the case of

the Diploma in ITNIS or the Certificate in ISS additional textbook courier fees are charged and payable to Prestige Academy before the transfer can take

place. Additional fees for notes to be printed will be charged. In the case where a student will need extra classes a fee of R 300,00 per hour will be levied.

Students who have been provisionally approved on their interim grade 12/senior certificate marks to study towards e.g. a Degree and do not meet these

requirements after the final grade 12 marks are published, will be transferred to a lower level, e.g. a Diploma/Certificate (if available) or the student can

select an alternative qualification. The availability of physical class space applies. Should your grade 12 results meet the admission requirements of the

qualification enrolled for, your registration status will automatically change from provisionally to unconditional acceptance.

The undersigned parties accept that should payments according to this contract not be made for a period of two consecutive months, the student will be

barred from attending lectures (receive tuition). Late interest will be charged. Prestige Academy reserves the right to not allow students on campus for

more than once in an academic year due to no or insufficient payments received. The student/payer(s) remain responsible for the full years’ tuition fees.

The undersigned parties accept that Prestige Academy (Pty) Ltd reserves the right to not allow a student from writing an examination, receiving his/her

Certificate/Diploma or Degree or attend classes due to outstanding accounts. If a student has been barred from lectures due to non-payment or

disciplinary steps taken, the actual annual amount due will not be reduced.

11.14.1 A cooling-off period of 7 days will be granted from the date of registration to cancel the course. If the registration takes place after 15 January 2017 the registration is final and no cooling off period is valid, and the full academic year's fees are payable in case of no show or cancellation. BlankSpace/BlankSpace11.14.2 The programme deposit must be paid by 30 November 2016. The undersigned parties accept that this is a formal registration Form and enrolment contract and not only an application form. Should the student cancel this contract after 30 November 2016, the administration/registration fee of R 1 500,00 will be forfeited and 10% of the deposit (R 700,00) as cancellation penalty will be charged and becomes payable immediately. This applies

BlankSpace/BlankSpaceBlankSpace/BlankSpaceBlankSpace/BlankSpaceBlankSpace/BlankSpaceBlankSpace/BlankSpaceBlankSpace/BlankSpace11.14.3 Only in the case of a student failing grade 12/senior certificate, the cancellation after 30 November 2016 will be accepted. The grade 12 final results (obtainable early in January 2016 at your school) must be submitted together with a cancellation letter and at the latest on 15 January 2017. Only in this case will the full deposit of programme fees less 10% cancellation penalty be refunded. In the case where the full balance of course fee was alsopaid, this balance is refundable. Refunds may take up to 60 days after cancellation date.

11.14.4 The undersigned parties accept that they will be kept liable for the full programme fee should the applicant cancel his or her enrolment after 15

January 2017. This means that even if no monies were paid over to Prestige Academy, and the student did not cancel on time, the undersigned parties will

be kept liable for the full annual tuition fees as this is the damages suffered by Prestige Academy. Cancellation will only be accepted in writing addressed

to [email protected] or faxed to (021) 948 1859.

11.14.5 If the student has enrolled for a two/three year qualification but only completed part of the programme (e.g. only one year of study), no

qualification will be issued. The undersigned parties agree that the student and payer(s) will be held liable for the full annual tuition fee in the event of the

student not completing the entire academic year, irrespective of the amount of days/weeks/months in class. It is agreed by the parties that this clause will

only be waived in the case of the student passing away in which case the pro-rata fee based on semester fees will apply.

11.14.6 Students/parents/payer(s) may view the campus premises on the official open days/winter workshop. During these sessions the student can

obtain more information on the particular qualification and the campus. It is the responsibility of the student, parent/guardian and principal payer(s) to

make sure that the student is enrolled for the correct programme.

11.13.1 REDUCTION IN FEESThe student shall not be entitled to any reduction of fees whatsoever in the case of not attending classes.

11.12.2 TRANSFER: One level to another level programme

11.13.2 NON-PAYMENT IN FEES: Barring from Classes

11.13.3 NON-PAYMENT IN FEES: Disciplinary Steps

All fees are payable in full by 15 January 2017. If the fees could not be settled by 15 January 2017, the student/payer(s) may approach Prestige Academy in

order to negotiate in respect of the provision of credit and the terms of such incidental credit arrangement. The usual preferred terms of such an

arrangement would be based on payment in 10 (ten) monthly instalments and at an annual interest rate of 18% (fees list quoted at 18%). The annual

interest will be invoiced in January 2017. If the payer(s) settle the account in full before the 10th instalment being 1 October 2017, the interest will be re-

calculated and a part thereof credited to the account. The quoted instalment which includes the annual interest rate of 18% will change if the prime rate increases. In the event that instalments are not paid on due date, late interest in terms of the Prescribed Rate of interest Act, will be applicable. In this regard, students/co-payers are requested to apply for student bank loans, immediately on receipt of the acceptance letter from the Academy, as late

payment of such bank loans to the Academy is not an excuse/defence against interest charged.

Administration fees such as warning/suspension letters, debit orders/cheques returned unpaid from the bank, telephone/cell phone and SMS charges will

be charged and will vary between rates of R 3,00 to R 100,00 depending on the cost involved.

11.15 INCIDENTAL CREDIT ARRANGEMENT, INTEREST & ADMINISTRATION CHARGES

11.12.1 TRANSFER: To another programme

11.14 RIGHTS TO CANCEL/TERMINATE THIS CONTRACT

even if the deposit has not been paid yet.

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11.16 METHOD OF PAYMENT & CASH DEPOSIT FEESIt is advisable to all students paying off their account over 10 months at Prestige Academy, to make use of the debit order system. No cash over the counter at the bank or the Academy will be accepted due to large cash deposit fees. Fees must be paid via EFT, or per cheque at the bank counter. A debit order system (see page 12) is available for clients that do not have electronic banking or cheque book facilities. Cash deposit fees will be charged at ABSA’s cash handling fee.

Exemption for Academic Credits is the process of formally recognising knowledge acquired previously based on recognition of prior learning (RPL).

Students may apply for credit transfer when changing from one qualification to another, or transferring from another institution to Prestige Academy.

Credit exemption will be considered only per successfully completed subject (offered by an accredited higher education institution) that is on the same

NQF level as the equivalent subject offered at Prestige Academy. Approximately 80% similarity in outcomes and content will be sufficient to approve

exemption and/or transfer. A fee of R 650,00 administration fee is payable before the assessment process can start. Thereafter a fee of R 400,00 is

payable per subject that credit exemption is applied for. Credit exemption is not automatic and will only be considered if assessment has been conducted

by an accredited public or private institution. (Further information is obtainable at the Academic Manager's office.)

Prestige Academy has the right in its sole discretion, to postpone or cancel tuition in any programme advertised and offered, on the basis of insufficient

demand/enrolment. Prestige Academy will be entitled to combine classes of similar subjects, academic levels and content. Insufficient enrolments will

be communicated before 15 January 2017 to the student/principal payer(s) in such a case. All fees will be refunded except the programme

registration/administration fees which are non-refundable. The student will have the option to register for any other programme offered at Prestige

Academy.

In the case of any circumstance or an extraordinary event beyond Prestige Academy’s control, such as war, strike, riot, crime or act of God (e.g. floods,

etc.) Prestige Academy is entitled to suspend lectures and temporarily close the campus affected thereby. In this event the student shall not by reason of

such suspension or closure be entitled to terminate this agreement or claim a refund, fees paid or a reduction on fees payable or any compensation from

Prestige Academy. Prestige Academy will as soon as possible transfer students to another building or repair damages in the current building(s) to

continue with programmes. To get the students up to date lectures can then also take place during evenings and/or weekends.

The student/parent/guardian acknowledges that the student may be exposed to risks in the event of induction, workshops, training, field trips, camps,

physical sport activities, travelling, etc. The student and the undersigned payer(s) hereby waive all claims against Prestige Academy owners and

employees for any damages or loss suffered while the student is, or as the result of being, a student of this institution resulting in death, mental harm or

arising from physical injury, or illness suffered by the student or any other person. Such consequences include any loss, destruction of or damage to any

property belonging to the student or any other person howsoever the damage or loss is caused by, but is not limited to, the negligence of Prestige

Academy or any official employee or representative of this institution.

The student has the right to voluntarily take part in the induction at the Academy/Hostel building. Induction takes place in an orderly manner for

example, braai’s, dance, camp, concerts, etc.

11.17 ACADEMIC CREDIT: EXEMPTION AND TRANSFER

11.18 INSUFFICIENT DEMAND/ENROLMENTS

11.19 EXTRAORDINARY EVENT

11.20 INDEMNITY: IMPORTANT NOTICE:

11.21 INDUCTION

Page 8: APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate ( Internetwork System Specialist) (ISS) (NQF5) Degree: BCom (Digital Marketing) (NQF7)

8

Applicant (Student)

Office Use Only

Marketing Executive Financial Manager

Date:D D M M Y Y D D M M Y Y

11.22 DECLARATION

IMPORTANT NOTICE

The student and undersigned payer(s) understand, accept and agree:1

11.22.1 that Prestige Academy shall have the right to summarily terminate the student’s programme and expel him/her from Prestige Academy should

the undersigned breach any aforesaid undertakings or by reason of disciplinary actions taken. The undersigned understand that they will be kept liable

for the full annual programme fee even if the student has been expelled; 11.22.2 that they further give permission to Prestige Academy officials to do the necessary credit checks for credit arrangements;11.22.3 that they also declare that the information in this application form/registration contract is complete and correct and11.22.4 to undertake to comply with all the rules and regulations, including the disciplinary rules and any amendments thereof as published from time to

time and to acquaint the undersigned with all the provisions thereof.

The student, sponsor/account payer and co-account payer declares by signing hereunder that they have studied the tuition fees and accept these fees,

the terms and conditions thereof.

The student, sponsor/principal payer(s) declare that they have studied the student pack and kit pricelist as well as fees not included in the tuition fees,

and accept these additional fees.

The student and account payer(s) bind themselves to Prestige Academy, jointly and severally, as co-sureties and co-payers for the payment of all fees and

other charges due by them to Prestige Academy in terms of this contract.

The Academy shall be entitled to institute any legal proceedings that may arise out of or in connection with this contract in any Magistrates Court having

competent jurisdiction in respect of the surety’s person, notwithstanding the fact that the claim or value of the matter in dispute might exceed the

jurisdiction of such Magistrates Court in respect of the cause of action.

Costs:

Legal costs to be awarded to any party to this contract in the event of legal proceedings in respect of a cause of action arising from this contract, will be

calculated on the attorney and client scale of fees and will include collection and tracing charges in enforcing the obligations of any of the parties to this

agreement.

Date:

Initial: Student________ Principal Payer________ Co-Payer________

SURETY AND CO-PRINCIPAL PAYERS

By submitting the application/contract electronically in this manner, I hereby confirm the content of the document to be true and legally binding.

Principal Payer

By submitting the application/contract electronically in this manner, I hereby confirm the content of the document to be true and legally binding.

Co-Payer

By submitting the application/contract electronically in this manner, I hereby confirm the content of the document to be true and legally binding.

NB: Please continue to the debit order instruction on Page 12 In order to submit this application, please select "Submit" on the final page.

Fees layout found on pages 9 - 11

Page 9: APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate ( Internetwork System Specialist) (ISS) (NQF5) Degree: BCom (Digital Marketing) (NQF7)

9

R 42 350,00 ##### ##### ##### ##### ##### ##### 10 ##### ##### ##### #####

R 38 850,00 ##### ##### ##### ##### ##### ##### ##### #####

R 35 050,00 ##### ##### ##### ##### ##### ##### ##### #####

R 39 930,00 ##### ##### ##### ##### ##### ##### ##### #####

R 35 050,00 ##### ##### ##### ##### ##### ##### ##### #####

##### ##### #####

R 2 365,79

SETTLEMENT TOTAL R 32 421,25 R 33 297,50 R 27 173,75 R 30 415,79

R 3 041,58Monthly installment

SETTLEMENT TOTAL R 36 935,25 R 37 933,50 R 31 931,75 R 35 707,37

R 3 570,74

Diploma (Business Management) (NQF6) (1st of 3 Year Qualification) OR Higher Certificate (Business Accounts Administrator) (NQF5) (1 Year)

Course Fee R 35 050,00 R 35 050,00 R 35 050,00 R 35 050,00

R 3 500,00

(Estimated)R 1 600,00

-R 2 628,75 -R 1 752,50 -R 876,25

SUB TOTAL R 32 421,25 R 33 297,50 R 34 173,75 R 35 050,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

R 1 600,00

-R 2 913,75 -R 1 942,50 -R 971,25

SUB TOTAL R 35 936,25 R 36 907,50 R 37 878,75 R 38 850,00

Deposit 30 Nov 2016 -R 7 000,00

R 2 686,29

SETTLEMENT TOTAL R 40 232,50 R 34 291,25R 39 173,75

BUSINESS FACULTY - FEES LIST: ACADEMIC YEAR 2017

BCom (Digital Marketing) (NQF7) (1st of 3 Year Qualification)

Additional Fees

Text books Student Pack Kit

Course Fee

Less Early Payment

SUB TOTAL

Deposit 30 Nov 2016

Plus Annual Interest 18%

R 42 350,00

-R 1 058,75

R 42 350,00

PAY R1500 non-refundable

administration fee when

submitting your application

Option 1: PAY FULL

BY 30 Sept 2016

Discount Included

Option 2: PAY FULL

BY 30 Nov 2016

Discount included

Option 3: PAY FULL

BY 15 Jan 2017

Discount Included

Option 4: Payment

ofver 10 months

(Incidental Credit)

-R 7 000,00

R 42 350,00

R 41 291,25

R 1 600,00

R 40 232,50

R 4 500,00

(Estimated) R 1 600,00

BCom (Business Marketing) (NQF7) (1st of 3 Year Qualification)

R 42 350,00

-R 3 176,25

R 39 173,75

-R 2 117,50

Course Fee R 38 850,00 R 38 850,00 R 38 850,00

R 42 350,00

-R 7 000,00

R 2 981,48

R 38 331,48

R 3 833,15

R 34 536,29

-R 7 000,00

R 3 453,63

Diploma (Business Marketing) (NQF6) (1st of 3 Year Qualification) OR Higher Certificate (Business Marketing) (NQF 5) (1 Year)

Course Fee R 35 050,00 R 35 050,00

Monthly installment

SETTLEMENT TOTAL R 35 936,25 R 36 907,50 R 30 878,75

Monthly installment

R 35 050,00

R 3 600,00

(Estimated)

R 38 850,00

-R 7 000,00 -R 7 000,00

R 2 365,79

SETTLEMENT TOTAL R 32 421,25 R 33 297,50 R 27 173,75 R 30 415,79

R 3 041,58

-R 7 000,00 -R 7 000,00

R 2 777,37

Course Fee R 39 930,00 R 39 930,00 R 39 930,00 R 39 930,00

R 4 000,00

(Estimated)R 1 600,00

-R 2 994,75 -R 1 996,50

-R 2 628,75 -R 1 752,50 -R 876,25

SUB TOTAL R 32 421,25 R 33 297,50 R 34 173,75 R 35 050,00

Deposit 30 Nov 2016

R 35 050,00

Monthly installment

Monthly installment

-R 998,25

SUB TOTAL R 36 935,25 R 37 933,50 R 38 931,75 R 39 930,00

Deposit 30 Nov 2016

BCom (Business Management) (NQF7) (1st of 3 Year Qualification)

Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

R 4 500,00

(Estimated)

Page 10: APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate ( Internetwork System Specialist) (ISS) (NQF5) Degree: BCom (Digital Marketing) (NQF7)

10

Monthly installment R 5 421,71

INFORMATION TECHNOLOGY FACULTY - FEES LIST: ACADEMIC YEAR 2017

ARTS & DESIGN FACULTY - FEES LIST: ACADEMIC YEAR 2017

R 4 217,09

SETTLEMENT TOTAL R 52 725,00 R 54 150,00 R 48 575,00 R 54 217,09

BA (Visual Arts) (Visual Communication Design) (NQF7) (1st of 3 Year Qualification)

Course Fee R 57 000,00 R 57 000,00 R 57 000,00

R 3 883,94

SETTLEMENT TOTAL R 49 071,25 R 50 397,50

R 4 600,00

(Estimated)

l

l

R 2 500,00

(Estimated) Adobe

Creative Cloud

License(Optional)

R1600,00

Pay 1 Jan '17 kit 1

R2000.00 and Pay

July '17 Kit 2

R2000.00 Prints

Not included.

Photography

camp, exhibition

and frames

included.

-R 4 275,00

R 4 993,39

-R 2 850,00 -R 1 425,00

SUB TOTAL R 52 725,00 R 54 150,00 R 55 575,00 R 57 000,00

R 44 723,75 R 49 933,94

Monthly installment

R 57 000,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

Monthly installment R 2 277,12

Diploma (Information Technology Network Integration Specialist) (NQF5) (1st of 2 Year Qualification) OR Higher Certificate (Internetwork Systems Specialist) (NQF5)(1Year)

Course Fee R 53 050,00 R 53 050,00 R 53 050,00 R 53 050,00

None. See par 11.7.1

R1600,00

-R 3 978,75 -R 2 652,50 -R 1 326,25

SUB TOTAL R 49 071,25 R 50 397,50 R 51 723,75 R 53 050,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

R 27 300,00 R 28 000,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

R 1 771,18

SETTLEMENT TOTAL R 25 900,00 R 26 600,00 R 20 300,00 R 22 771,18

R 2 568,21

SETTLEMENT TOTAL R 34 641,25 R 35 577,50 R 29 513,75 R 33 018,21

Monthly installment R 3 301,82

Diploma (Executive Secretarial Studies) (NQF5) (1st of 2 Year Qualification) OR Certificate (Executive Secretarial Studies) (NQF 5) (1 Year)

Course Fee R 28 000,00 R 28 000,00 R 28 000,00 R 28 000,00

R 2 500,00

(Estimated)R1600,00

-R 2 100,00 -R 1 400,00 -R 700,00

SUB TOTAL R 25 900,00 R 26 600,00

R 33 297,50 R 27 173,75 R 30 415,79

Monthly installment R 3 041,58

Diploma (Tourism Management) (NQF6) (1st of 3 Year Qualification)

Course Fee R 37 450,00 R 37 450,00 R 37 450,00 R 37 450,00

R 3 700,00

(Estimated)R1600,00

-R 2 808,75 -R 1 872,50 -R 936,25

SUB TOTAL R 34 641,25 R 35 577,50 R 36 513,75 R 37 450,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

BUSINESS FACULTY - FEES LIST: ACADEMIC YEAR 2017

Diploma (Event Management) (NQF6) (1st of 3 Year Qualification)

Course Fee R 35 050,00 R 35 050,00 R 35 050,00 R 35 050,00

R 3 500,00

(Estimated)R1600,00

-R 2 628,75 -R 1 752,50 -R 876,25

SUB TOTAL R 32 421,25 R 33 297,50 R 34 173,75 R 35 050,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

R 2 365,79

SETTLEMENT TOTAL R 32 421,25

PAY R1500 non-refundable

administration fee when

submitting your application

Option 1: PAY FULL

BY 30 Sept 2016

Discount Included

Option 2: PAY FULL

BY 30 Nov 2016

Discount included

Option 3: PAY FULL

BY 15 Jan 2017

Discount Included

Option 4: Payment

ofver 10 months

(Incidental Credit)

Additional Fees

Text books Student Pack Kit

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Page 11: APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate ( Internetwork System Specialist) (ISS) (NQF5) Degree: BCom (Digital Marketing) (NQF7)

11

R 3 306,20

-R 3 465,00 -R 2 310,00 -R 1 155,00

SUB TOTAL R 42 735,00 R 43 890,00 R 45 045,00 R 46 200,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

Diploma (Graphic Web Design & Web Development) (NQF5) (1st of 2 Year Qualification) OR Higher Certificate (Graphic Web Design) (NQF5) (1 Year)

Course Fee R 45 000,00

SETTLEMENT TOTAL R 42 735,00 R 43 890,00 R 38 045,00 R 42 506,20

Monthly installment R 4 250,62

R 36 875,00 R 41 204,99

Monthly installment R 4 120,50

Higher Certificate (Film & TV Make-Up Design) (NQF5) (1 Year)

Course Fee R 46 200,00 R 46 200,00 R 46 200,00 R 46 200,00

R 2 400,00

(Estimated)R1600,00

R 45 000,00 R 45 000,00 R 45 000,00

R 3 700,00

(Estimated)

l

R 2 500,00

(Estimated) Adobe

Creative Cloud

License (Optional)

R1600,00

-R 3 375,00 -R 2 250,00 -R 1 125,00

SUB TOTAL R 41 625,00 R 42 750,00 R 43 875,00 R 45 000,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

R 3 204,99

SETTLEMENT TOTAL R 41 625,00 R 42 750,00

Deposit 30 Nov 2015 -R 7 000,00 -R 7 000,00

R 2 951,96

SETTLEMENT TOTAL R 38 850,00 R 39 900,00 R 33 950,00 R 37 951,96

Monthly installment R 3 795,20

R 3 074,26

SETTLEMENT TOTAL R 40 191,25 R 41 277,50 R 35 363,75 R 39 524,26

Monthly installment R 3 952,43

Advanced Certificate (Communication Photography) (NQF6) (1st of 2 Year Qualification) OR Higher Certificate (Photography) (NQF5) (1Year)

Course Fee R 42 000,00 R 42 000,00 R 42 000,00 R 42 000,00

R 2 000,00

(Estimated)R1600,00

Pay 1 Jan '17 kit 1

R2000.00 and Pay

July '17 Kit 2

R2000.00 Prints

Not included.

Photography

camp, exhibition

and frames

included.

-R 3 150,00 -R 2 100,00 -R 1 050,00

SUB TOTAL R 38 850,00 R 39 900,00 R 40 950,00 R 42 000,00

R 46 301,39

Monthly installment R 4 630,14

Diploma (Print Production) (NQF 5) (1st of 2 Year Qualification) OR Higher Certificate (Desktop Publishing and Computer Art) (NQF5) (1 Year)

Course Fee R 43 450,00 R 43 450,00 R 43 450,00 R 43 450,00R 5 200,00

(Estimated)

l

R 2 500,00

(Estimated)

Adobe Creative

Cloud License (Optional)

R1600,00

-R 3 258,75 -R 2 172,50 -R 1 086,25

SUB TOTAL R 40 191,25 R 41 277,50 R 42 363,75 R 43 450,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

Course Fee R 49 700,00 R 49 700,00 R 49 700,00 R 49 700,00

R 2 300,00

(estimated)R1600,00

-R 3 727,50 -R 2 485,00 -R 1 242,50

SUB TOTAL R 45 972,50 R 47 215,00 R 48 457,50 R 49 700,00

Deposit 30 Nov 2016 -R 7 000,00 -R 7 000,00

R 3 601,39

SETTLEMENT TOTAL R 45 972,50 R 47 215,00 R 41 457,50

-R 7 000,00

R 4 217,09

SETTLEMENT TOTAL R 52 725,00 R 54 150,00 R 48 575,00 R 54 217,09

Monthly installment R 5 421,71

Diploma (3D Design & Digital Animation) (NQF5) (1st of 2 Year Qualification)

PAY R1500 non-refundable

administration fee when

submitting your application

Option 1: PAY FULL

BY 30 Sept 2016

Discount Included

Option 2: PAY FULL

BY 30 Nov 2016

Discount included

Option 3: PAY FULL

BY 15 Jan 2017

Discount Included

Option 4: Payment

ofver 10 months

(Incidental Credit)

Additional Fees

Text books Student Pack Kit

B (Applied Arts) (3D Animation) (NQF7) (1st of 3 Year Qualification)

Course Fee R 57 000,00 R 57 000,00 R 57 000,00 R 57 000,00

R 4 600,00

(Estimated) R1600,00

-R 4 275,00 -R 2 850,00 -R 1 425,00

SUB TOTAL R 52 725,00 R 54 150,00 R 55 575,00 R 57 000,00

Deposit 30 Nov 2015 -R 7 000,00

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Less Early Payment Discount

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Plus Annual Interest 18% over 10 Months

Printing not included in the

tuition fees.

Printing is for the student's

account

Pay 1 Jan’17 Kit 1 R 2 900,00 + Pay 1 Jun’17 Kit 2 R 2 900,00 ENROLL BEFORE 30 NOV’16 & receive kits of

R 5 800,00FREE!!

Page 12: APPLICATION - Prestige Academy · 2018-06-25 · Specialist) (ITNIS) (NQF5) Higher Certificate ( Internetwork System Specialist) (ISS) (NQF5) Degree: BCom (Digital Marketing) (NQF7)

12

After studying the TUITION FEES, instalments and additional fees carefully, tick the appropriate box with "X"

Account Type Savings Cheque Transmission Other

Amount: R

Amount: R

Amount: R

Amount: R

Amount: R

Deposit

Tuition monthly

Tuition Full Fee

Student Pack

Kits

Amount: R

Deduct a once off deposit fee on 30 November 2016

Deduct 10 Monthly instalments commencing on 1 January 2017, ending 1 October 2017

Deduct a once off fee of the full course balance (Programme fee less deposit) on 1 January

2017

Deduct once off amount on 1 January 2017

Deduct 1 Installment on 1 January 2017

Deduct 1 Instalement on 1 June 2017 (Only applicable to: Visual Communication,

Photography and Make-Up Students)

SECTION 12: DEBIT ORDER INSTRUCTION (Compulsory if paying over 10 months)

Surname or

Account Holder

Identity/Company No.

Bank Name

Bank Account Number

Account Holder Cell

Account Holder Email

Signature Account Holder (1) Signature Account Holder (2) Date: DD/MM/YYYY Office Use: Captured

Branch Code

Graduation (Cretificate Candidates Only) Deduct once off amount on 1 January 2017 Amount: R 420.00

IMPORTANT NOTICE:

I/We hereby declare that I/we are financially able to pay the monthly payments as indicated above. I/We hereby request (“instruct”) and

authorize you to draw against my/our account with the above mentioned bank (or any other bank or branch to which I/we may transfer my/our

account) the sum(s) and the day as stated above and continuing until the full balance of the account is settled. All such monies drawn from my/

our bank account by you shall be treated as though they had been signed by me/us personally. I/We accept responsibility to have the minimum

available funds in my bank account on the dates specified above. I/We agree to pay any bank charges relating to this debit order instruction. In

terms of this contract we take note that late interest as laid down by the prescribed rate according to the Interest Act may be charged, on any

outstanding amounts from the date of which it became due for payment.

Administration fees such as warning/suspension letters, debit orders/cheques returned unpaid from the bank, telephone/cell phone and SMS

charges will be charged and will vary between rates of R10.00 to R100.00 depending on the cost involved.

I/We authorize Prestige Academy to draw the administration fees from my/our debit order instruction, without further notification.

In the case of an unpaid debit order, the payer authorizes Prestige Academy to debit his/her account on any date as Prestige Academy may

choose and/or to double debit his/her account with the next payment date.

In the case of an unpaid debit order, late interest will be charged.

Number

Full Names

Company Name

programme installments

By submitting the application/contract electronically in this manner, I hereby confirm the content of the document to be true and legally binding.

Principal Payer