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TUITION
| Pre / Jr. Kinder | KRW 13,440,000 plus USD 6,570. |
| Grades K-5 | KRW 14,800,000 plus USD 7,250. |
| Grades 6-8 | KRW 15,460,000 plus USD 7,560. |
| Grades 9-12 | KRW 18,380,000 plus USD 9,000. |
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OTHER FEES
| Application & Test Fee | KRW 800,000 (KRW 400,000 refundable only if rejected; no refund will be given for cancellation of enrollment after acceptance) |
| Entrance Fee (For new students enrolling for 2011-12) | KRW 3,500,000/student (Non-refundable) |
| Book Deposit | KRW 200,000 (Refundable) |
| Bus Fee (One-way or half-year bus fee options are not available) | KRW 2,100,000 (Optional) |
| High School Senior Fee (For Graduation/Ceremony) | KRW 300,000 (For seniors only) |
| G3~G5 Technology Fee | KRW 100,000 |
| MS/HS Technology Fee | KRW 200,000 (For Grades 6~12) |
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PAYMENT DUE DATES▶ Returning students: a payment of 30% of the annual tuition is due on or before April 15, 2011.
If the deposit is not made by April 15, 2011, we cannot guarantee your child’s place in Korea International School for the 2011~2012 school year.
The balance of the tuition and fees is due on or before June 30, 2011. If full payment is not made by June 30, 2011, the student will not enrolled at Korea International School for the 2011~2012 school year.
▶ New students: Payment of tuition and fees must be made within two weeks of notification of admission.
▶ Late Fees: Late Fees may be charged for any payment received after the applicable due date. |
PAYMENT INSTRUCTIONS
※ For Korean Won :
- By wire transfer to: Hana Bank (Euljiro corporate Banking Center) 을지로 기업센터
- Swift Code: HNBNKRSE
- Account No.: 197-910004-66004
- Account Name: Korea International School
※ For U.S Dollars :
- By wire transfer to: Hana Bank (Euljiro corporate Banking Center) 을지로 기업센터
- Swift Code: HNBNKRSE
- Account No.: 197-910001-78232
- Account Name: Korea International School
Note: Payment of tuition is in Korean Won and U.S dollars as indicated above. Other fees must be paid in Korean Won only. The bank should indicate the student’s name and ID number on the deposit form. A payment receipt must be faxed to the KIS Business Office at 82-31-748-0509 |
LATE ENTRY DISCOUNT AND EARLY WITHDRAWAL FEFUND SCHEDULE
| Late Entry Discount | Early Withdrawal Refund |
| Tuition | Bus Fee |
| April 18 - June 30, 2011. | N/A | 90% of annual tuition | 100% of annual bus fee |
| July 1 - August 5, 2011. | N/A | 80% of annual tuition | 100% of annual bus fee |
| August 8 - August 31, 2011. | N/A | 70% of annual tuition | 80% of annual bus fee |
| September 1 - October 14, 2011. | N/A | 60% of annual tuition | 60% of annual bus fee |
| October 17, 2011 - January 6, 2012. | 20% | 40% of annual tuition | 40% of annual bus fee |
| January 9 - January 31, 2012. | 40% | 30% of annual tuition | 30% of annual bus fee |
| February 1 - March 23, 2012. | 55% | 20% of annual tuition | 20% of annual bus fee |
| March 26 - June 5, 2015. | 70% | N/A | N/A |
Refund Policy:
(1) For partial refund of the application and registration fee: rejected applicants should submit the refund request form to the Admissions Office within two weeks of having received written notification of the student’s rejection.
(2) Tuition and Bus Fees only are subject to refund in accordance with the schedule written above. The following is the process to receive your refund. First, the KIS application for withdrawal and refund request form must be submitted within two weeks of the student’s last day of school. Second, a student and their parents must take the Exit Interview prior to release of transcripts. You may speak to the school registrar to set up the time and date of the interview. Lastly, due to the fiscal calendar, no tuition and fee refunds (including book deposit and any other fees) can be made after July 31st, 2011. This policy applies even when a student enrolls in another school.
(3) The refund schedule applies for both voluntary and involuntary withdrawals.
(4) The Entrence fee, technology fee and senior fee are not refundable after the first day of school.
(5) The Book Deposit is refundable upon graduation or, in the case of withdrawal, if the application for withdrawal and refund request is submitted within two weeks of the student's last day of school and if books are returned in good condition.
(6) Please note that in the event of force majeure, which causes a student or students to withdraw from the school, tuition and fees already paid for the school year, and normally partially refunded in accordance with the early withdrawal refund schedule, will not be refunded and any tuition and fees that are unpaid will be due and payable. Force majeure is defined as an event or effect, such as war, civil strife, labor unrest, earthquakes, nuclear isaster or extreme weather conditions that cannot be reasonably anticipated or controlled and would adversely affect the school’s financial condition. Evacuations ordered by the South Korean or United States governments due to the anticipation of a force majeure also apply to this policy whether or not the force majeure actually occurs. This policy is necessary to ensure the financial stability of the school and to provide resources for continued operations after the force majeure event has passed. |
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