Tuition Fees

  1. Payment in U.S. Dollars by electronic funds transfer (EFT) to the School’s bank in the USA, or by a U.S. dollar check is preferred. ISD tuition is set in dollars. Payment in CFA will be accepted, based upon the established exchange rate (available at the ISD Office). For those wishing to pay in CFA, the exchange rate applicable until the payment deadline will be set (by our bank) on the Monday of each week. Late payments will be billed at the higher of either the rate applicable at the time of the deadline, or the rate in use at the actual date of payment. Late payment fees will apply using the same rate. Signing this agreement commits parents to using the established rate.

     1) The payer is responsible for any collection charges or bank fees due as a result of a transfer and will be billed for any such fees that result in the reduction in the amount paid when compared to the amount due to ISD.

    2) The enrollment of a student is a private contract between the parent and the School. Regardless of any arrangement the parent may have with an employer concerning the payment of school fees, the parent remains responsible for the payment of all fees.

  2. Fees approved by the School Board are the following: (2011/2012)

    Application fee for new student: $100
    Re-enrollment fee: $35
    Technology fee: $250
    Capital fee (Returning students): $1,000
    Capital Development Fee: $3,500
    (Capital Development Fee is a fee charged to students who enroll for the first time in K-12.)
       
    Tuition Fees:  
    Annual Tuition fee Preschool 3 $5,060
    Annual Tuition fee Preschool 4 $4,360
    Annual Tuition fee Kindergarten-Grade 5: $14,935
    Annual Tuition fee Grade 6 – 8: $16,270
    Annual Tuition fee Grade 9: $18,800
    Annual Tuition fee Grade 10-12: $18,300

    Students enrolled in Preschool 3 pay the Application and the Preschool tuition only.  Pre 4 pay tuition, enrollment (or re-enrollment) and Tech fee. Pre 4 tuition is prorated due to reduced contact time in 2011-12. The application fees are due with the application. Starting in SY 2010-11, High School students who enrolled during the 2010-11 may be assessed the $500 lease fee for joining the ISD 1:1 Tablet Program.


  3. Unfortunately, students whose tuition has not been paid in a timely manner (i.e. by the due date) will not be allowed to attend school.  Payment is presumed to be in arrears unless written proof of payment(s) is provided by the parent to the business office.

    No official school communications or records will be issued to the student or parent, or sent to other schools or educational organizations, until all fees are paid.

    Middle and high school students must attend more than 80% of classes during a semester in order to earn or receive credit, regardless of the reasons for the absence. In unusual circumstances the policies can be waived by the Director.

    No student will be allowed to attend ISD until any outstanding balance due from the previous year is paid in full. All school records will be held until full payment is received.

    Payment is in arrears within 14 days after due date. Late fees are assessed at the rate of 1.5% per month on the accumulated outstanding balance for the number of days past due.

  4. In case of withdrawal of a student during the school year, the tuition fee refund is calculated in accordance with the following policy of the School Board.  Refund policy only applies when tuition fees are paid in advance for the full academic year.

    • During the first trimester 67% of yearly tuition
    • During the second trimester33% of yearly tuition
    • During the third trimester no refund

    To be refunded, parents should send a letter to the School requesting a refund.  Please include bank information indicating where the refund is to be sent.  A refund is only made by EFT or by check.  Payments by installment are not entitled to a refund.

  5. Students must pay full trimester tuition for any trimester partially attended.

  6. In case of force majeure, which causes a student or students to be withdrawn from the school, the tuition already paid in full will not be refunded. This policy is necessary to protect the school’s financial interests with a view to continuing operations after the force majeure event has passed.

  7. 1) For the 2011-2012 school year, payment may be made in 1, 2 or 3 installments, for the grade level tuition fees only.

    The entire Capital Development and Technology fees are due in full upon acceptance; Capital fee for returning students and Re-registration fee is due at the beginning of each school year

    2) Parents will choose 1, 2, or 3 installment payments. The attached form is to be signed and witnessed in the business office.

    3) The following conditions apply to payment of tuition fees by installment:

    a.  Written applications for payment by installments--using this form--should be submitted as soon as possible, but no later than June 14, 2011, for returning families and upon acceptance for enrollment for new families.

    b.  The amounts payable and the dates on which they are due are as follows:


    1st Payment

    		 2nd Payment 3rd Payment

    Payments will be accepted between August 1 through August 20, 2011 for returning student(s) or within 7 calendar days of acceptance for new students.

    Paid and confirmed by Nov. 21, 2011.

    Paid and confirmed by March 5, 2012.

    Before departing for the summer, families may present a check dated August 1, 2011 to the business office for tuition which the office will not process until that date.


    * Confirmation of payment is the responsibility of the parent/guardian and all payments are deemed “LATE” if the payer has not produced to the ISD Business Office printed documentation of the payment having been made on or before the due date.

      Dates of Payment Total Fees

    PRE 3

    		 01-Aug-11 21-Nov-11 05-Mar-12 $
    Payment by year 5,060.00     5,060.00
    2 installments 2,530.00 2,530.00   5,060.00
    3 installments 1,780.00 1,780.00 1,500.00 5,060.00
    PRE 4 (includes Tech Fee)
    Payment by year 4,360.00     4,360.00
    2 installments 2,180.00 2,180.00   4,360.00
    3 installments 1,500.00 1,500.00 1,360.00 4,360.00
    GRADE K – 5        
    Payment by year 14,935.00     14,935.00
    2 installments 8,064.90 7,467.50   15,532.40
    3 installments 5,650.41 5,202.36 4,978.33 15,831.10
    GRADE 6 – 8        
    Payment by year 16,270.00     16,270.80
    2 installments 8,785.80 8,135.00   16,920.80
    3 installments 6,155.48 5,667.38 5,423.33 17,246.19
    GRADE 9 (includes laptop lease fee)
    Payment by year 18,800.00     18,800.00
    2 installments 10,382.00 9,150.00   19,532.00
    3 installments 7,423.50 6,281.13 6,100.00 19,804.63
    GRADE 10 - 12        
    Payment by year 18,300.00     18,300.00
    2 installments 9,882.00 9,150.00   19,032.00
    3 installments 6,923.50 6,281.13 6,100.00 19,304.63

    c.  Installment payments not received by the due date will accumulate over-due interest rates as defined in paragraph III above.

    d.  Submission of an application to pay fees by installment implies full and unqualified acceptance of the conditions stated in this letter.

    e.  When the tuition fees are paid by installment, the refund policy does not apply.


Tuition Fees:

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