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- Financial aid applications for new students registering for the January 2025 intake closes at the end of January 2025.<\/strong><\/li>\n
- Financial aid applications for new students registering for the July 2025 intake closes at the end of June 2025.<\/strong><\/li>\n
- Financial aid applications for current students registering for the 2025 academic year closes at the end of October 2025.<\/strong><\/li>\n<\/ul>\n
Cornerstone Institute Banking Details<\/b><\/h2>\n
Your safety and the confidentiality of your information are of the utmost importance to us. Please be vigilant when making payments. We advise you to please be wary of scams and unregistered individuals who may reach out to you for payment. We urge you ONLY to make use of the banking details provided to you at registration or below.<\/p>\n
If you still wish to pay at the bank, Use the details below, Please make sure that you input the correct information and amount.<\/p>\n
Account Name\u00a0<\/strong>Cornerstone\u00a0Institute
\nBank<\/strong>\u00a0Nedbank
\nBranch Number<\/strong>\u00a0102510 (Parow)\/198765 (Universal Code)
\nAccount Number<\/strong>\u00a0107 503 0269
\nInternational<\/strong>\u00a0Swift No: NEDSZAJJ
\nReference<\/strong>\u00a0STUDENT NUMBER\/STUDENT SURNAME<\/p>\n\nCornerstone Institute Fees Payment Information<\/strong><\/span><\/h2>\n<\/div>\n
\n\nGENERAL<\/u><\/strong><\/p>\n
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- The annual fee is determined by the number of modules the student registers for the academic year (January \u2013 November). Each module is assigned a specific credit value which also determines the time needed to do this module.\u00a0 Please plan accordingly.<\/li>\n
- Each student (including July intake) is required to register in January each year and pay the initial payment.<\/li>\n
- Students who register in July are registered for the second semester of the academic year (July-November).<\/li>\n
- Students studying for non-credit purposes (AUDIT) pay half of the tuition fee applicable.<\/li>\n
- The tuition fee rate is double for International students. (Excludes African Countries).<\/li>\n
- Campus-based students who require a study visa to study at Cornerstone must pay 60% of the tuition fee in advance before a visa letter will be issued. (This includes African Countries).<\/li>\n
- Financial aid applications for new students close at the end of January.<\/li>\n
- Financial aid applications for returning students close at the end of October<\/li>\n<\/ul>\n
PAYMENT OF FEES<\/u><\/strong><\/p>\n
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- Students are responsible for the full payment of all fees and expenses according to their annual statement.<\/li>\n
- R2000.00 Annual payment plan fee will not be applicable with\u00a0payment of the non-refundable initial payment made at registration and the balance of tuition fees by the end of February.<\/li>\n
- R1000.00 was deducted from the annual payment plan fee with payment of the non-refundable initial payment made at registration and the balance of tuition fees by the end of March.<\/li>\n
- R1000.00\u00a0Annual payment plan fee will not be applicable with payment of the non-refundable initial payment made at registration and the balance of tuition fees paid by the end of July. (July intake)<\/li>\n
- If a student is being sponsored, it is the student\u2019s responsibility to contact sponsors to ensure payments are met.<\/li>\n
- Students must always use their student number as a reference for ALL correspondence with the financial office.<\/li>\n
- Students must ensure that they check their statements. Statements will be considered correct if no written communication is received\u00a0within 30 days<\/span> of the date of the statement. Inquiries can be made at the financial office at bursar@cornerstone.ac.za<\/a><\/strong><\/li>\n
- Receipts are only issued for cash payments.<\/li>\n
- When making EFT payments, students should email proof of payment to\u00a0bursar@cornerstone.ac.za<\/a><\/strong><\/li>\n
- Statements are sent via email. Copies can be obtained directly from the finance office.<\/li>\n
- Promotional discounts may be offered from time to time. Conditions apply.<\/li>\n
- By the end of the first semester, half of the students\u2019 total outstanding fees for the year must be settled for a grade report to be issued.<\/li>\n<\/ul>\n
PAYMENT PLAN<\/u><\/strong><\/p>\n
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- For the January intake, an Initial Payment of R5000.00 is payable before or at registration. The balance of the fees will be divided into a 10-month payment plan, from February \u2013 November.<\/li>\n
- For the July intake, an Initial Payment of R5000.00 is payable by the end of June. The balance of the fees will be divided into a 5-month payment plan, from July \u2013 November.<\/li>\n
- The Initial Payment is applied to the tuition fee.<\/li>\n<\/ul>\n
\u00a0REFUND OF FEES<\/u><\/strong><\/p>\n
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- The R5000 initial payment is non-refundable.<\/strong><\/li>\n
- All administration fees due at registration<\/strong>\u00a0will\u00a0not<\/u>\u00a0be refunded<\/strong>.<\/li>\n
- Cancellation AFTER the first 10 (10) working days at the start of a semester:\u00a0only tuition fees in advance<\/strong>\u00a0(less non-refundable costs and withdrawal fee) of the student\u2019s\u00a0curren<\/strong>t semester will be refunded.<\/li>\n
- Non-compliance with the withdrawal\/cancellation procedure will result in no<\/strong>\u00a0refunds.<\/li>\n<\/ul>\n
\u00a0<\/strong>NON-PAYMENT OF FEES<\/u><\/strong><\/p>\n
Students who have more than 30 days\u00a0<\/u><\/strong>outstanding will be\u00a0put on financial suspension<\/u><\/strong>, resulting in the following consequences:<\/p>\n
\n<\/div>\n<\/div>\n- \n
- The student may not attend class.<\/li>\n
- Access to course material on the student portal will be withheld.<\/li>\n
- Examination results and\/or qualifications will be withheld.<\/li>\n
- Should a student\u2019s first semester fees not be settled by the end of the first semester, the second-semester modules will be canceled and an automatic fee suspension will be applied<\/li>\n
- Registration for the following year is not permitted unless the student\u2019s account is settled in full.<\/li>\n
- Failure to meet the agreed payment plan will result in the outstanding fees being handed over for collection with costs.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
However, if you have queries regarding the Cornerstone Institute fees for 2025, Please kindly DROP A COMMENT below and we will respond to it as soon as possible.<\/p>\n
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