How does the debenture scheme work?
Every student attending Stanford has to have the use of a debenture. Such use is either acquired by purchasing a debenture or using a debenture owned by someone else, which the school would facilitate.
A debenture that is purchased can be sold once the student has left Stanford Lake College. The value of debentures is fixed at R35,000. When using another person’s debenture it costs R5,000 per annum non-refundable rent, totaling R25,000 over 5 years. We would encourage parents to purchase a debenture as it has value and amounts to the best value for money over time.
Should you have any further inquiries regarding debentures, please complete the form below and we will be in contact with you shortly.