BV Otters - Financial Policy & Fees
2010 - 2011 Swim Season
Fee Schedule
Group Name BVOSC Fee Fundraising Committment
Each family must also pay a $5.00 society fee and the Swim BC annual fee as outlined below.
Please note that there will be a $20.00 NSF charge for all returned cheques
Swim BC Annual Assessment
15 & over * SwimBC will offer a one-time rebate of $22.00 for 15 & over age category who were not or would not have been "National" category swimmers for 2010-2011 had SwimBC kept the "old" registration categories. Club registrar applies for the rebate by Oct. 31/10.
Fees due at registration are the Swim BC fees, the $5.00 society fee and 1/8 of the BV Otters fees. Postdated cheques are they required for the seven remaining payments of the BV Otters Fees. In lieu of paying by postdated cheques you may pay your entire commitment at this time or you may pay your Swim BC fees, your $5.00 society fee plus ½ your BV Otters Fees. The balance of your BV Otters fees would then be due February 1, 2011.
Swim season starts September 20, 2010 for all groups.
Swim season ends for Novice and Bronze on April 28, 2011.
Swim season ends for all other groups on June 17, 2011. Swimmers attending Provincial and/or National competitions in July will continue to swim into July. Such schedule to be arranged and determined in June 2011.
Fee Refunds
Fee refunds are available to swimmers who leave the club or for those swimmers who must be absent to due extended illness or injury.
Parents must give 30 days written notice to the Registrar or the Club President. Fee refunds will then be calculated from that date.
The reason we require 30 days written notice is based on the following two factors:
(1) The club has a contractual agreement with the head coach for an annual salary drawn over ten months and assistant coaches are assigned based on the club enrollment. Changes to these schedules require notice.
(2) The club has a contractual agreement with the BV Pool that requires us to provide 30 days written notice for any adjustments to our lane schedule. Therefore if we have a decline in fees due to swimmers leaving, the club is committed to these certain costs.
Fundraising
Each swim group has a fundraising commitment. Fundraising helps keep the monthly cost of swim fees reasonable. If you prefer not to participate in fundraising, you may ask that your fundraising cheque be cashed in lieu of this commitment. Before you do however, review the following opportunities - especially the grocery coupons, as they require no selling and no time commitment (except for the time you spend grocery shopping!)
If you fundraise in excess of your committed amount, you receive a reduction of 25% of the excess amount fundraised in next swim seasons swim fees.
Multiple families have a fundraising cap of $750.00 however they are not eligible for the reduction unless they meet & exceed the total amount of fundraising prior to cap.
