The Refundable Family Bond
Westmont School is a school that is committed to academic excellence and a caring learning environment. West-Mont and its Board of Directors, The Western Communities Montessori Society (WCMS), recognizes that in order to offer a program based on these standards of excellence and to create the environment that maximizes the potential of its students, investment in the appropriate facilities and equipment is required.
In September 1998, the WCMS Board located, purchased and moved West-Mont School to its current wonderful site in Metchosin. In order to provide the necessary capital for this investment, the refundable Student Bond Program was established. (The Student Bond was replaced by the “Family Bond” in April 2009.) The on-going purpose of the bond program is to support the capital plan used to fund the long term capital needs of the School.
New Features to the Family Bond
Families new to the school after February 6, 2012, will no longer be required to pay an additional $400 Student Deposit per child upon enrollment. Instead, as per the Withdrawal Policy, they will sign an irrevocable Letter of Authorization which assigns a portion of the Family Bond, $1,000 per student, to act as the Student Deposit. In much the same way as the previous Student Deposit, this allows the school to retain $1,000 per student, plus any outstanding arrears, in the event that a student is withdrawn before the end of the school year.