Our “Pay As You Learn” structure allows Forex College students the option to pay the course fees (excluding the Registration Fee) on a monthly recurring payment using bank transfer, EFT, a credit or debit card via our online Payment Portal. Registration Fees are payable in full before the registration will be finalised and commencement of the trading course see “finalisation of your registration”. Please note, students studying from outside South Africa will be required to pay by monthly recurring payment using a credit or debit card (via our online Payment Portal).
You will be required to make the monthly payment during the first week of each month (using the link provided on your Profile in the Virtual Classroom or via invoice), in advance of the month of learning. The first payment will only start 3 months from date of registration (excluding the Registration fee) and will consist of two months' worth of payments; comprising of the first month of the course and the advance payment for the second month.
If a payment is missed, the payment must be paid by credit/debit card or bank transfer within 7 days of the normal payment date and, in accordance with the College’s terms and conditions, an administration charge will also apply. In cases of non-payment the learner will not be allowed to continue on the programme beyond the last day of the month already paid for and all access to the Virtual Classroom, support and all other services will be suspended. Should the student prefer to re-join the course the student will have to contact Forex College.
The “Pay As You Learn” structure, unlike paying the Registration Fee in full at the start of the course, requires payments to be made only whilst you are on the course. Therefore if you leave the course before completion, or complete your qualification ahead of time the payments will stop and no further payments are required.
On the other hand, if for some reason you need more time to complete your course or love to keep on receiving the Trade Recommendations and instructor help then your monthly payments will continue to be paid to allow you access to the Virtual Classroom, support and all other services.
The “Pay As You Learn” structure is not a loan scheme and interest is therefore not charged.
WARNING: The ‘Pay As You Learn’ system is NOT a payment by instalments of the single course fee offered at the outset. Opting for this payment system could cost you more in total course fees than was offered to you at the start of the programme. If you stop payments before you have finished your course then you will stop receiving learning, access to the online Virtual Classroom and support of all services. However you will still have access to your full training material, and how to build wealth using your trading skills, the methods and strategies.