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Can Approved Institution deduct administrative fees from the CDA?
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All Approved Institutions are not allowed to deduct administrative fees from the CDA. Funds in the CDA are intended to support the educational and developmental needs of children and should not be used to pay for administrative fees.
This includes, but are not limited to, (a) Charges for processing CDA payments, (b) Penalty fees for the late payment of school fees, and (c) Penalty charges and Bank charges for failed direct debits in the CDA. Please click [here](refer to Appendix 1 of the T&Cs) to check the types of expenses that an AI can deduct from the CDA.
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