Treasury Procedures

When a student is registered at Colegio Gran Bretaña, it is expected that the financial obligations acquired will be assumed by parents or the entity responsible for covering educational costs with the school.  The following rules must be taken into account when making payments:

a. Monthly payments must be made between the 1st and 5th of each month.

b. Bills will be issued on the 1st of each month and can be consulted on Phidias as of that same date.  This billing includes any previous balances and the current month’s costs.

c. Payments must be done within the first 10 days of  the month; if payments arrive after day 10, an extra charge will be applied. Late payment interest will be charged at the existing commercial rate with no exceptions.  

Means of payment:

1. The school offers the payment button service by electronic means on Phidias.  You must register the school account in your bank. In this way, timely payments of educational costs are facilitated without the need of going personally to the bank and can be done at any time during the 24 hours of the day on the dates indicated. 

2. The agreement for the collection of tuition with the Banco Caja Social is still in force. Collections account No. 0024502315677. With this option, you can make payments within the indicated dates by printing out your bill through Phidias to be paid at the bank.

3. Wire transfer through Bancolombia, to Colegio Gran Bretaña, current account No. 20411293063,  Nit. 830.031.497. You can either go to the bank and make a deposit in the school's account or you can register the school's account in your virtual bank account and transfer the money on a monthly basis. It is important that you send the receipt or the payment slip to accountancy@cgb.edu.co.

4. Parents may also make payments by check made out to Colegio Gran Bretaña S.A.S. or in cash directly at the school’s treasury office (payments will not be received from students). If a check is returned for any reason, this method of payment will no longer be accepted and will generate a penalty equivalent to 20% of the value of the check. Due to the pandemic only students and teachers are allowed into the school from 8:30 to 3.15 pm., to avoid any unnecessary risks.  Parents can come into the school to make any payments from 3.15 to 4 p.m. 

Payments for other services:

Curricular and/or extra-curricular activities that cause an additional cost will be managed with the tuition bill of the following month, with prior authorization of the parents through the online system.

Please use your payment receipt on Phidias to present at banks or to make your online payment through the Phidias system.

Please do not send cash or checks with your children. The school will not be responsible for money lost or misplaced by the students.

Fines:

a. Failure to pay educational costs on time will cause a suspension of transportation services for students that have pending bills of up to two months.

b. In order to request reports or certificates, it is necessary to be up to date on payments for all concepts at the time.