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Kindergarten school graduation at Seoul International School
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high school students competing in a tug of war
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Teachers having fun on opposites day.
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When my child goes in, he should be smiling. And when he comes out he should be smiling. One remarkable thing that I noticed at SIS is that all the children, all the staff are smiling. They're happy! They Look happy.

We appreciate that an investment in private education is an investment into your child's and family's future. Here at Seoul International School we pride ourselves on maximizing the return on that investment. We ensure your child receives the best possible education provided by highly qualified educators.

Please review our payment policies and practices listed below.

Tuition and Fees for  the School  Year 2023 - 2024

 

Tuition

Tuition of Seoul International School ("SIS") for the School Year 2022/2023 consists of both a Korean Won (KRW) and a U.S. Dollar ($) portion as follows:

Grade Level Full Year Tuition
Pre-Kindergarten KRW 18,200,000 + US$ 4,510
Junior and Senior Kindergarten KRW 21,300,000 + US$ 5,780
1st - 5th Grade KRW 21,610,000 + US$ 5,800
6th - 8th Grade KRW 23,450,000 + US$ 6,310
9th – 12th Grade KRW 26,350,000 + US$ 7,010
FEES

Fees Applicable to All Students

Item

Fee Remark
Transportation  KRW 3,000,000 Optional, Refundable
Senior Fee  KRW 300,000 Non-Refundable
Book Deposit  Fee Remark
Elementary School  KRW 150,000 Refundable
Middle School  KRW 200,000 Refundable
High School  KRW 250,000 Refundable

※AP Fee may vary by subject/test

Additional Fees Applicable to New Students

Item Fee Comment
Application Processing Fee ₩500,000 Payable upon application,
Non-Refundable
Initial Registration Fee ₩4,000,000 Within 7 days of receiving an acceptance notice,
Non-Refundable

PAYMENT OF TUITION AND FEES

 

For Returning Students;

  • Returning students must first settle any amount owed in the School Year 2022/2023 to
    continue enrollment at SIS in the School Year 2023/2024.
  • Re-enrollment Fee of KRW 3,000,000.- is due March 6, 2023 for all returning students.
    Re-enrollment Fee is a deposit to secure a place for a returning student and is, by its
    nature, non-refundable. This Re-enrollment Fee will later be applied towards the School
    Year 2023/2024 tuition.

Tuition Payment Options for Returning Students;

Seoul International School offers 3 payment options.
For Option 2 or 3 of the installment payment plans, a non-refundable installment fee is applied.
For a senior student, only option 1 or 2 is allowed to be selected.
※ Once an invoice is issued based on the selected payment option, it cannot be changed to another option.
※ Amount due below is the balance remaining less the pre-paid re-enrollment deposit.

For Newly Enrolling Students;

  • New students must pay an initial registration fee of KRW 4,000,000.- within 7 days of
    receiving their acceptance notice. This fee is a deposit to secure a place for the new student and
    is non-refundable.
  • For students admitted after May 22, 2023, please contact the Finances & Accounting
    Office for payment options.

Tuition Payment Options for Newly Enrolling Students;

Seoul International School offers 3 payment options.
For Option 2 or 3 of the installment payment plans, a non-refundable installment fee is applied.
For a senior student, only option 1 or 2 is allowed to be selected.
※ Once an invoice is issued based on the selected payment option, it cannot be changed to another option.

Late Payment Charge and Currency for Payment
  • If any payment is delayed beyond the applicable due date, a late payment charge of five percent (5%) per annum will be added to the unpaid amount until the unpaid amount has been fully paid.
  • The late charge shall be paid in the currency requested by the date shown on the relevant invoice.

Refund Policy

  • Refunded tuition for early withdrawals will be prorated by the number of school days up to the withdrawal date and it shall be deducted from the payment amount except for the re-enrollment or initial registration fee.
  • The refunded amount will be made in the currency used for payment. 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.
  • Refunds are wire transferred or given to parents only, or to their authorized representative.
  • Refund Policy for Early Withdrawals is invalid in the event of Force Majeure that causes a student or students to withdraw from the school. No portion of tuition and fees already paid for the school year will be refunded and unpaid fees will be due payable. Force Majeure is defined as an event or effect, such as war, civil strife, labor unrest, earthquakes, the outbreak of contagious diseases, nuclear disaster, or extreme weather conditions that cannot be reasonably anticipated or, controlled. This policy is deemed necessary to ensure the school's financial stability and continued operations subsequent to any such event.
  • Bus Fees may not be refunded in a situation of distance learning due to the event of Force Majeure, such as the outbreak of contagious diseases or extreme weather conditions as students' safety is our top priority.

Non-Refundable School Fees

The following fees are not refundable:

  • Application Processing Fee
  • Re-enrollment Fee
  • Initial Registration Fee
  • Installment Fee
  • Senior Fee
  • Bus Fee (In a situation of distance learning due to the event of  Force Majeures stated above.)

Late Entry Payment Arrangement

  • A prorated payment system is available for students who join us later in the school year.
  • Tuition less the re-enrollment fee will be prorated based on the number of school days remaining for students entering SIS after the first day of school.

Payment Instructions

Each enrolled student is given two separate virtual account numbers (가상계좌); one for USD payment and another for KRW payment. The school will issue invoices with this individualized account information. These two accounts shall be used for tuition payment until the student graduates/withdraws from SIS.

※ A temporary virtual account number (임시가상계좌) will be provided for application processing fee payment only for newly applying students.

If you have any inquiries regarding payment of tuition or any fees, feel free to contact us at any time.

Accounting And Finance Department

+82(0)31-750-1342
accounting@siskorea.org