Student Alternative 2020/21 - Net fee
Student Alternative 2020/21
Fields required from institutions in All fields
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This field will capture the net fee charged, that is after any financial support from the provider such as waivers are taken into account.
Compulsory for approved, limited designation and teach out providers, except where InstancePeriod.INITIATIVES is K (Higher Apprenticeship).
Compulsory for approved (fee-cap) providers, except where InstancePeriod.INITIATIVES is K or where Student.SSN exists and (Course.COURSEAIM begins with C, H, I or J, or is equal to M22, M26, M28, M71 or M73).
This field captures the net fee; that is the fee charged after any financial support from the provider such as waivers are taken into account. For example; a student with a Instance.GROSSFEE of £9,000 who has had a fee waiver of £1,000 should be returned as 8000 in this field.
The Instance.NETFEE value returned should be the exact fee, if possible, including VAT. If the exact fee includes a decimal place it must be rounded to the nearest whole number. If the fee is a whole number it must not be rounded any further.
For non-standard years the full fee for the year of instance should be returned in the reporting year within which the year of instance commences.
This field does not need to be returned for students undertaking an Apprenticeship standard or framework.
The Instance.NETFEE should be the annualised amount and if a student leaves the provider part the way through the instance year, the annualised amount the student would have been charged should still be returned as Instance.NETFEE.
Students who do not have any financial support will have the same value returned in both Instance.GROSSFEE and Instance.NETFEE.
Where the NHS or other body pays a per-capita charge equivalent to a fee this should be recorded in this field. However where the NHS pays a single fee that is not linked to individual students then zero should be returned.
Instance.NETFEE is not required for incoming exchange students or dormant students.
A student with a Instance.GROSSFEE of £9,000 who has had a fee waiver of £1,000 should be returned as 8000 in this field.
Students who do not have any financial support will have the same value returned in both Instance.GROSSFEE and NETFEE.
Quality rules relating to this entity are displayed here.
|Reason required||To monitor the various fee levels and their spread across the UK. Used with GROSSFEE to monitor the actual fees paid by students and which student groups are charged reduced fees.|
|Change management notes||Coverage updated to remove COURSEAIMs M78 and M88 as not all students on these COURSEAIMs will be subject to regulated fees, so they therefore require a NETFEE to be returned for them.|
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