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 2025/2026

Tuition of Seoul International School ("SIS") for the School Year 2025/2026 consists of both a Korean Won (KRW) and a U.S. Dollar (US$) portion as follows:

Fees Applicable to All Students

※AP Fee may vary by subject/test

Additional Fees Applicable to New Students

※Initial Registration Fee due dates may vary for late-entry students.

※Initial Registration Fee may be waived for students that re-enroll at SIS within two(2) school years from the time of withdrawal from SIS.

Returning Students;

• Returning students must settle any outstanding amounts from School Year 2024/2025 to continue enrollment for 2025/2026.
• A Re-enrollment fee of KRW 3,000,000 is due March 4, 2025, for all returning students.
  This fee serves as a deposit to secure the student's place for the School Year 2025/2026.
  While non-refundable by nature, it will be credited toward the total tuition for the school year. Tuition invoices will reflect this deduction, and the outstanding balance will be determined based on the selected payment plan below.
• Tuition Payment Options;
  - SIS offers three payment plans. 
  - A non-refundable installment fee is applied to installment plans (Options 2 or 3). 
  - Senior year students: Only Options 1 and Option 2 are available. 
  
  ※Once selected, the payment plan is systematically fixed after the 1st payment. Any change request after the 1st payment will incur a 200,000 KRW Installment Change Fee.

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 2025/2026 school year and is non-refundable. 
• The Initial Registration Fee may be waived for students re-applying to SIS after a withdrawal within two SIS school years. 
• Tuition Payment Options;
  - SIS offers three payment plans.
  - A non-refundable installment fee is applied to installment payment plans (Option 2 or 3).
  - Senior year student, only option 1 or 2 are available.
  
  ※Once selected, the payment plan is systematically fixed after the 1st payment. Any change request after the 1st payment will incur a 200,000 KRW Installment Change Fee.

※The Late Entry Discount and Early Withdrawal Refund Schedule apply to ALL withdrawals for both tuition and bus fees. 

Late Entry Payment Arrangement for New Students

• For students admitted during the school year, the Finance & Accounting Office will issue an invoice that includes the Initial Registration Fee and the adjusted tuition balance, both of which must be paid before the first day of attendance. 

  If an alternative installment option for the tuition is needed, please contact the Finance & Accounting Office prior to making any payments. 
   

Refund Policy

• Refunds will be provided in the currency used for payment and wire transferred to parents or to their authorized representative, in accordance with the refund schedule outlined above. 
• The Refund Policy for Early Withdrawals is not applicable in the event of a Force Majeure leading to a student's withdrawal from the school. No portion of tuition and fees already paid for the school year will be refunded, and unpaid fees will be due and payable. 
  Force Majeure is defined as an unforeseeable event or effect, such as war, civil strife, labor unrest, earthquakes, the outbreak of contagious diseases, nuclear disasters, extreme weather conditions, or other events that cannot be reasonably anticipated or controlled. Additionally, no refunds will be provided for declared national holidays (temporary public holidays) or for variances in the academic calendar implemented mid-year due to circumstances beyond the school’s control. This policy is deemed necessary to ensure the school's financial stability and continued operations following any such event. 
• Bus Fees are not refunded in a situation of distance learning due to the event of a Force Majeure, such as the outbreak of contagious diseases or extreme weather conditions, as students' safety is our top priority. 
• Early Withdrawal Refund schedule shall be effective as of SY2526. The same schedule will also apply to bus changes made during the school year.

NON-REFUNDABLE FEES: The following fees are not refundable;

• Application Processing Fee
• Re-enrollment Fee
• Initial Registration Fee
• Installment Fee / Installment Change Fee
• Overdue Fee (Late Fee)
• Senior Fee (Non-refundable after the first day of school)
• No tuition refunds will be provided for early graduating seniors.
• Exceptions to the Re-enrollment Fee may apply only in cases of involuntary family relocation
  to a foreign country, provided the school is informed by July 31 st .
  Verification documents, including an Employment Verification Letter and an Official
  Relocation Letter, must be submitted.

Each enrolled student is given two separate virtual account numbers (가상계좌): one for US$ payments and another for KRW payments. The school will issue invoices with this individualized account information. Please confirm that the beneficiary’s name is the same as your student’s when making the bank transfer. 
These two accounts will be utilized for tuition payments until the student graduates or withdraws from SIS. 

※Cash payments are not accepted.
※A temporary virtual account number (임시가상계좌) will be provided for application fee payment only for newly applying students.

• If any tuition payment is delayed beyond the applicable due date, an overdue fee of five percent (5%) per annum will be added to the unpaid tuition total until the outstanding amount is fully settled. Overdue fees must be paid in the currency specified on the relevant invoice by the due date. 
• In the case of non-payment or payment delinquency of tuition, the School may take measures such as restricting students from attending classes, withholding report cards, and/or refusing re-enrollment for the following semester. Details shall be referred to the Delinquent Tuition and Fees Policy.

• For any late payment of other fees (i.e. Bus Fees), the school reserves the right to limit services until payment is fully settled.

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