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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 2024/2025

TUITION

Tuition of Seoul International School ("SIS") for the School Year 2024/2025 consists of both a Korean Won (KRW) and a U.S. Dollar (US$) portion as follows:

GRADE LEVEL FULL YEAR TUITION
PK3 KRW 16,490,000.-   plus   US$ 6,720.-
PK4 and Kindergarten KRW 19,750,000.-   plus   US$ 8,040.-
1st - 5th Grade KRW 19,980,000.-   plus   US$ 8,140.-
6th - 8th Grade KRW 21,700,000.-   plus   US$ 8,840.-
9th – 12th Grade KRW 24,310,000.-   plus   US$ 9,900.-

FEES

Fees Applicable to All Students

ITEM

FEES REMARK
Bus Fee  KRW 3,000,000.- Optional, Refundable
Senior Fee  KRW 300,000.- Non-Refundable
Book Deposit  FEES 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 FEES REMARK
Application Fee KRW 500,000.- Payable upon application,
Non-Refundable
Initial Registration Fee KRW 4,000,000.- Due within 7 days of receiving an acceptance notice,
Non-Refundable

※Due date for the Initial Registration Fee may vary for late-entry students.

※The 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.

 

For Returning Students;

  • Returning students must settle any outstanding amounts from the School Year 2023/2024 to continue enrollment at SIS in the School Year 2024/2025.
  • A Re-enrollment Fee of KRW 3,000,000.- is due March 4, 2024 for all returning students.
    Re-enrollment Fee serves as a deposit to secure a place for a returning student and is, by its
    nature, non-refundable. The Re-enrollment Fee will be applied to the tuition for the School Year 2024/2025. Depending on the chosen Payment Option as below, the school will issue an invoice for the remaining balance after deducting this deposit.
  • Tuition Payment Options;
    Seoul International School offers three payment options.
    A non-refundable installment fee is applied to installment payment plans (Option 2 or 3).
    For a senior student, only option 1 or 2 is available.
    ※Once selected, the payment plan is systematically fixed after the 1st payment. Any changes request after the 1st payment will result in a KRW 200,000.- programming charge.

Payment Options

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 2024/2025 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;
    Seoul International School offers three payment options.
    A non-refundable installment fee is applied to installment payment plans (Option 2 or 3).
    For a senior student, only option 1 or 2 is available.
    ※Once selected, the payment plan is systematically fixed after the 1st payment. Any changes request after the 1st payment will result in a KRW 200,000.- programming charge.

Payment Options

Late Entry Payment Arrangement for New Students;
  • For students admitted during the school year, the Initial Registration Fee must be paid along with the tuition before the first day of attendance.
  • A prorated payment system is available for students who join us later in the school year. Tuition is prorated based on the number of remaining school days as of the enrollment date. 
  • Students admitted after May 22, 2024, please contact the Finance & Accounting Office for payment options.

PAYMENT DELINQUENCY AND REFUND POLICY

Late Payment Charges and Payment Delinquency

  • If any tuition payment is delayed beyond the applicable due date, a late payment charge of five percent (5%) per annum will be added to the unpaid tuition total until the outstanding amount is fully settled.
  • Late payment charges 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 Delinquency Regulation.
  • For any late fees such as Bus Fees, the school reserves the right to limit services until payment is fully settled.

Refund Policy

  • Tuition refunds for early withdrawals will be prorated by the number of school days up to the withdrawal date and it shall be deducted from the paid tuition amount, excluding the Re-enrollment or Initial Registration Fee.
  • Refunds will be provided in the currency used for payment and wire transferred or given to parents only, or to their authorized representative.
  • 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, 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 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.

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

  • Application Processing Fee
  • Re-enrollment Fee
  • Initial Registration Fee
  • Installment Fee
  • Senior Fee

PAYMENT INSTRUCTIONS

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. 

Cash payments are not accepted.
※A temporary virtual account number (임시가상계좌) will be provided for application 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