Tuition and Fees (2017~2018)

Tuition

Pre/Jr.Kinder KRW 15,350,000 plus USD 7,570
Grades K-5 KRW 16,890,000 plus USD 8,370
▶ New PK/JK students’ entrance fee will be charged once a student is promoted to Kindergarten.

▶ Embassy/Group Discount   Please contact Admissions Office for further information.

Fees for New Students

Application & Testing Fee KRW 400,000 or $400
(Non-refundable)
Registration Fee KRW 400,000
(Non-refundable)
Entrance Fee
(Only for Kinder through Grade 5)
KRW 4,000,000 / student
(Non-refundable)
Book Deposit KRW 200,000
(Refundable)

 

Relevant Fees

Bus Fee KRW 2,600,000
ES Technology Fee KRW 200,000 (For Grades 3~5)
Lunch Fee & ELL/LSC Fee Provided by KIS Seoul Campus
After School Club(PK~ G5)
Child Care Center (PK)
Provided by KIS Seoul Campus except for few clubs

 

Payment Due Dates

▶ Returning students: A non-refundable re-enrollment (KRW 3,000,000 or US$3,000) payment is due on March 31, 2017. The re-enrollment payment will be applied towards the 2017-18 school year tuition. If the deposit is not made by March 31, 2017 we can not guarantee your child’s place in Korea International School for the 2017-18 school year.

▶The balance of the tuition and fees is due on or before June 2,2017. If full payment is not made by June 2, 2017, the student will not be enrolled at Korea International School for the 2017-18 school year.

▶ New students: Payment of tuition and fees must be made within two weeks of notification of admission.

▶ A late finance charge of 5% will be applicable towards the outstanding balance. Calculation will be done based on the remaining days.

▶  Installment plan with a financial charge is available to parents. (1st 60% payment due: June 2, 2017), (2nd 40% plus 5% installment fee based on outstanding balance, payment due: January 5,2018) please contact KIS accounting office for details.

Payment Instructions

For Korean Won :
– By wire transfer to: Kiup(IBK) Bank
– Swift Code: IBKOKRSE
– Account No.: 211-028515-01-034
– Account Name: Korea International School
For U.S Dollars :
– By wire transfer to: Kiup(IBK) Bank
– Swift Code: IBKOKRSE
– Account No.: 211-028515-56-00082
– 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.

 

LATE ENTRY DISCOUNT AND EARLY WITHDRAWAL REFUND SCHEDULE

Period Late Entry Discount Early Withdrawal Refund
April. 3 ~ August. 6, 2017 N/A 90% of annual tuition &
100% of annual bus fee
August. 7 ~ October. 15, 2017 N/A 65% of annual tuition &
65% of annual bus fee
October. 16 ~ January. 7, 2018 N/A 40% of annual tuition &
40% of annual bus fee
January. 8 ~ March. 9, 2018 N/A 25% of annual tuition & bus fee
March. 10 ~ June. 13, 2018 20% N/A

 

Refund Policy

(1) 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 31, 2017. This policy applies even when a student enrolls in another school. In the case of non-payment, the School may restrict students from attending classes, withhold report cards, and/or refuse re-enrollment for the following semester.

(2) The refund schedule applies for both voluntary and involuntary withdrawals.

(3) Technology Fee and Senior Fee are not refundable after the first day of school.

(4) The Book Deposit is refundable upon graduation or, in the case of withdrawal, if the application for withdrawal and refund request are submitted within two weeks of the student’s last day of school and if books are returned in good condition.

(5) 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 disaster 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.

(6) Waitlisted students will be put on the waiting list only during the applied school year.

(7) If the period of being on the waiting list is less than 6 months, then the student’s waiting status will be extended until the end of the first semester of the following school year.

(8) If a student opts to reapply to KIS at a point in the future, then the applicant will be required to resubmit all required documents in addition to making full payment of all required fees.

(9) When student’s enrollment date is after the first day of an academic year, 20% of the total annual tuition will be assessed from the total annual tuition amount that the student paid when refudning, in the case that student makes decision to not reroll at KIS prior to student’s first day of school or withdraws within 2 weeks after student’s first of school.

 

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Admissions Office
82-2-3496-0510
eyinfo@kis.or.kr

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