Recovery of unpaid school fees
The cost of modern day school private education has never been so expensive. Throughout the UK, the average cost of educating a child at a private school has increased to almost £160,000, with annual fees having nearly from £7,308 a year in 2003 to £13,341 in 2017. Recovery of unpaid school fees has become essential to the cash flow of any Private School.
Why is it that some parents view Private school fees as a non essential bill to pay? They would not avoid payment of their mortgage or credit cards so a pragmatic approach needs to be adopted to ensure your schooling facility remains solvent.
An Independent school have to be financially sound like any other business but with the rapid rise in fees comes a number of parents unable to pay for their child’s schooling.
Despite the value these establishments provide by way of a leading education for children, many Independent schools have a real issue with some parents not paying the fees for their child’s education resulting in difficulties with the schools cash flow.
An efficient credit control and Debt Recovery service is essential to the long term well being of these establishments. No Private Education facility can survive when it has parents who are not paying term fees on time.
At Frontline Collections with our skilled knowledge and vast experience in dealing with Private School Fees Debt Collection we can help you to address such issues in a professional and expedient manner.
Non-payment of UK Private Schools fees can occur for a number of reasons such as, miscommunication, divorce, disputes, etc.
We recruit specialised teams of Recovery professionals who have dealt with all scenarios and who conduct their roles in an ethical and proficient manner. Negotiating the swift payment of fees overdue is the objective but this is done in a professional and courteous manner.
Whether you are a Independent school, private school or Montessori school – we have the professionalism and pragmatism to provide a valuable extension to any school’s own internal credit control procedures.
We have a clear understanding of the industry and just how delicate any debt matters within this sector business need to be processed. Our services are extremely cost effective and our mission is to minimise the cost to our clients whilst maximising the results.
Key points of our services:
High Recovery rates & inclusive service
Commission rates from only 8%
24/7 Online Account Management
Dedicated Account Manager
Field Collections Officers
If you are the Bursar for a Private School, super charge your Debt Recovery with our Professional, trusted services.
We are the first choice Private Debt Collection Agency in the UK and our track record demonstrates this. We have vast expertise in the recovery of unpaid school fees so contact us today to see how we can help boost your school’s cash flow.