INSTALLMENT PAYMENTS FOR THE 2013-2014 SCHOOL YEAR

(Available only for Tuition and Bus Fees-All Other Fees are payable immediately when billed)

TUITION AND FEE SCHEDULE FOR THE 2013-2014 SCHOOL YEAR
(As of April 23, 2013)

As a convenience to parents, the balance of tuition and bus fee may be paid in installments. Please contact Ms. Jiyoung Jung, Student Accounts, in the Business Office to make these arrangements. (Email: student.billing@seoulforeign.org) Arrangement for payment in installments is subject to the approval of the SFS Business Manager.

TUITION/BUS FEE: TUITION:
(% of total balance due)

 

1st Payment 2nd Payment 3rd Payment

50% - Due June 30, 2013 30% - Due October 31, 2013 22% - Due December 31, 2013

Full Day Program Partial Day Program

21,000,000 KRW 17,000,000 KRW LATE ENTRY DISCOUNT AND EARLY WITHDRAWAL REFUND SCHEDULE FOR THE 2013-2014 SCHOOL YEAR
(Refunds will normally be made in the currency that was received in payment by the School)

OTHER FEES:  Annual Bus Fee

3,300,000 KRW

Late Entry Discount

Early Withdrawal Refund

NEW STUDENT FEES:

  

Application Fee (Non-refundable; to be paid when application is submitted) Registration Fee (One-time fee; non-refundable; billed when student is admitted) Capital Fee (One-time fee; non-refundable; billed when student is admitted)

300.00 USD 550,000 KRW 3,000,000 KRW

Mar 15 - Aug 14 Aug 15 - Oct 18 Oct 21 - Dec 13 Jan 6 - Mar 21 Mar 31 - End of School

N/A N/A 20% 40% 60%

90% of annual tuition & 100% of bus fees 75% of annual tuition & bus fees 50% of annual tuition & bus fees 25% of annual tuition & bus fees No refunds will be made

INQUIRIES: Please forward any questions to admissions@seoulforeign.org

PAYMENT INSTRUCTIONS: Payment can be made by bank transfer to the Hana Bank account number on your student’s tuition and fees statement (different account by currency) or in cash paid at the Business Office of either the main campus or the Namsan campus. Parents are responsible for all bank fees, charges and clearing costs. PAYMENT DUE DATES:

PLEASE NOTE: Late Entry Discounts and Early Withdrawal Refunds are not based on number of days or a “pro-rata”
calculation and Early Withdrawal Refunds are not available for families using the installment plan to pay tuition and bus fees. Also 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, or extreme weather, that cannot be reasonably anticipated or controlled by the School and would adversely affect the School’s financial condition. 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. Appeals of the application of this policy in an individual case may be made to the Fiscal/Property Committee of the Seoul Foreign School Board.

 

Payment of all tuition and fees is due within 14 days after admission acceptance or prior to the first day of classes, whichever date occurs first. LATE FEES - A late fee equivalent to 5% of the outstanding balance will be charged for any payments received after the applicable due date.

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