Tuition and Fee by huseynov79

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									Fees for the 2010-2011 School Year
Fees Policy
Fees are fixed for the school year August 2010 to June 2011. They are reviewed annually by the
school board and any change to the school fees for the next school year is announced by the
end of March.

At RIS, the school fees consist of an application fee, enrollment fee, building fund, tuition and
maintenance fee. All fees (except abroad payments) should be remitted in Korean Won and US
Dollars.

Fees
Elementary School          Tuition Fee for Grade [1-5]       11,000,000 KRW* + 3,000 USD

Middle School              Tuition Fee for Grade [6-8]       12,000,000 KRW* + 3,000 USD

* Annual tuition fee does not include the additional fees.

** School uniform must be purchased by the parents from the specific store that will be
announced by school administration.

Additional Fees
          First time enrollment:

   Application Fee:                                         100,000 KRW
   Registration Fee:                                        300,000 KRW

          Book Deposit (Non-refundable):                    200,000 KRW

          School Bus Fee:                                   1,600,000 – 2,000,000 KRW*

          Lunch Fee:                                        1,200,000 KRW

          RIS Facility Development Fee: (Yearly)            1,000,000 KRW

          ESL Support:                                      2,000,000 KRW

Application Fee (One-time fee / Non-refundable)

A fee of 100,000 KRW is due upon submission of each student’s application. The application fee
is non-refundable.

Registration Fee (One-time fee / Non-refundable)

The registration fee is 300,000 KRW per student and is payable within one week from the
confirmation of the students admission to RIS.
Book Deposit (Annual / Non-refundable)

Book deposit is 200,000 KRW per student and is for renting the school textbooks. At the end of the
school year students are allowed to take their practice books but not the textbooks.

Facility Development Fee (Annual / Non-refundable)

The facility development fee is 1,000,000 KRW per student and is paid with fall term installment.

Tuition (Annual / Refundable)

The tuition is per year payable in four installments.

                     Payment option for Elementary School Division:

         Quarter      Date(Due to)        Pay                  Amount
            1       August 2nd,2010        1    2,750,000 KRW + 750 USD + Add. Fees
            2       October 1st,2010       2            2,750,000 KRW + 750 USD
            3      December    1st,2010    3            2,750,000 KRW + 750 USD
            4        March   2nd,2011      4            2,750,000 KRW + 750 USD



                     Payment option for Middle School Division:

         Quarter      Date(Due to)        Pay                  Amount
            1       August   2nd,2010      1    3,000,000 KRW + 750 USD + Add. Fees
            2       October   1st,2010     2            3,000,000 KRW + 750 USD
            3      December    1st,2010    3            3,000,000 KRW + 750 USD
            4        March 2nd,2011        4            3,000,000 KRW + 750 USD



Notice: Only tuition fee can be divided into terms. The additional fees must be paid in the
beginning of the first quarter.

School Bus Fee (Annual / Non-refundable)

School bus fee is changing from 1,600,000 KRW to 2,000,000 KRW due to the distance of the
route [Shuttle Bus fee varies according to the area that the student’s house is located].

          Area          Amount                               Place
            A        1,600,000 KRW                      Seocho - Gangnam
            B        1,800,000 KRW               Itaewon – Hannam - Bundang
            C        2,000,000 KRW                Yoido – Sodaemun - Suwon
            D        2,200,000 KRW        Places Further than 30 km or out of bus route


In case of early withdrawal, school bus fee will not be refunded for the remaining days. Please
contact with the admissions office for the bus fee details.

Lunch Fee (Annual / Refundable)

Lunch fee is 1,200,000 KRW per student and will not be paid if the student brings his/her own food.
In case of early withdrawal, lunch fee will be refunded for the remaining days.
ESL Support Fee (Free)

ESL Support is free of tuition for R.I.S. students.

Other Fees

Early Arrivals & After School Care Service

The Early Arrivals & After School Care Service fees are payable in four installments, once every
term. Reservations are required. For the fees please contact the school administration.

Uniform
The school uniform is compulsory for all grades. The uniforms can be ordered throughout the
year through the uniform company decided by the school administration. The overall cost
depends on the number of items ordered.

Other short descriptions

                Special discount is available for embassy members.
                All discounts will be done from the tuition fee only.
                If the student does not eat lunch at school, lunch fee will not be taken.
                10 % discount is available for the other family members of the student.
                If the student does not use the school bus option, the school bus fee will not be
                 taken.

Early Withdrawal Refund Policy

When a formal withdrawal notice is given to the Administration Office, the following will be
applied:

                             Date                     Early Withdrawal Refund Schedule
                   April 30 – May 31, 2010             100% of Annual Tuition & Bus Fee
                   June 1 – June 30, 2010              95% of Annual Tuition & Bus Fee
                    July 1 – July 30, 2010             90% of Annual Tuition & Bus fee
                August 2, September 30, 2010                75% of Annual Tuition
               October 1 – November 30, 2010                50% of Annual Tuition
             December 1, 2010 – February 28, 2011           25% of Annual Tuition
                  March 2 – June 10,2011                        Not Applicable



   In case of early withdrawal, only corresponding part of the tuition fee and lunch fee is
refundable. The other payments are non-refundable as mentioned above.

  In case of temporary leaves, such as travel, sickness,… etc. the tuition fee and additional fees
that correspond to the days that the student did not attend the school is not deducted from the
payment and is not refundable.

BANK INFORMATION:

Bank Name                      : Korea Exchange Bank (KEB) – 외환은행

Account Owner                  : 레인보우외국인학교
Account Number and Type: 630-005880-721 (Korean Won)

Account Number and Type: 650-006659-691 (US Dollar)

For further information please contact with the Admissions Office.

Contact Information

Tel: +82-(0)2-571-2917/8       Web:      www.rischool.co

Fax: +82-(0)2-572-2916         E-mail:   info@rischool.org

								
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