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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 Rates For 2019 - 2020 School Year

Grade Level Annual Tuition
Pre-Kindergarten ₩17,000,000 + USD $4,036
Kindergarten ₩19,900,000 + USD $5,180
1st - 5th Grade ₩20,200,000 + USD $5,190
6th - 8th Grade ₩21,900,000 + USD $5,667
9th – 12th Grade ₩24,620,000 + USD $6,284

Additional Fees

Item Fee Comment
Transportation  ₩2,500,000 Optional, refund available
AP Exam  ₩150,000 -  ₩160,000 / test Varies per test
Senior  ₩300,000  
Book Deposit  Fee Comment
Elementary School  ₩150,000 Refundable (Grades 3-5)
Middle School  ₩200,000 Refundable
High School  ₩250,000 Refundable

New Student Fees

These fees are applicable to new students only.

Item Fee Comment
Application Processing Fee ₩500,000 Payable upon application
Initial Registration Fee ₩700,000 Payable upon acceptance
Enrollment Fee ₩3,000,000 Payable within 7 days of acceptance (applied towards tuition)
  • New students must pay an initial enrollment payment of ₩3,000,000 within 7 days of receiving their acceptance notice. This fee is a deposit that secures a place for a new student and is, by its nature, non-refundable. The ₩3,000,000 enrollment fee will be applied towards the 2019-2020 school year tuition.
  • For students admitted on or before May 29, 2019, parents may use one of the 3 payment options indicated below.
  • For students admitted after May 29, 2019, please contact the Accounting and Finance Office for payment options.
  • If a student wishes to ride the school bus, please contact Admissions.

Payment Options

We understand that every family is different and as such, offer 3 payment options:

Option 1: Standard Plan (No Installment Payments)

Item Due Date Amount Due
Re-enrollment Fee March 15, 2019 ₩3,000,000
Total KRW Tuition May 29, 2019 100% of KRW Tuition
Total USD Tuition May 29, 2019 100% of USD Tuition

 

Option 2: 3 Installment Payments

With this payment option a non-refundable installment fee will be applied. The amount due below is the balance remaining less the pre-paid (re)enrollment deposit.

Item Due Date Amount Due
Re-enrollment Fee March 15, 2019 ₩3,000,000
Installment Fee May 29, 2019 ₩500,000
1st Payment May 29, 2019 100% of USD Tuition
2nd Payment July 31, 2019 50% of KRW Tuition
3rd Payment September 30, 2019 50% of KRW Tuition

Option 3: 5 Installment Payments

With this payment option a non-refundable installment fee will be applied. The amount due below is the balance remaining less the pre-paid (re)enrollment deposit.

Item Due Date Amount Due
Re-enrollment Fee March 15, 2019 ₩3,000,000
Installment Fee May 29, 2019 ₩750,000
1st Payment May 29, 2019 100% of USD Tuition
2nd Payment July 31, 2019 25% of KRW Tuition
3rd Payment September 30, 2019 25% of KRW Tuition
4th Payment November 29, 2019 25% of KRW Tuition
5th Payment January 31, 2020 25% of KRW Tuition

 

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

Refund Policy

  • Refunded tuition will be prorated by the number of attended school days and it shall be deducted from the payment amount except for the re-enrollment or enrollment payment. The refunded amount will be made in the currency used for payment.
  • Bus fees may be refunded and the amount shall be prorated based on remaining number of school days.
  • Refunds are wire transferred or given to parents, or their authorized representative.
  • Refund Policy for Early Withdrawals is invalid in the event of a 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 such as war, civil strife, labor unrest, earthquakes, nuclear disaster or extreme weather conditions that cannot be reasonably anticipated or controlled. This policy is deemed necessary to ensure financial stability of the school and its continued operations subsequent to any such event.

Non-Refundable School Fees

The following fees are not refundable:

  • Application Fee
  • Registration Fee
  • (Re)enrollment Fee
  • Installment Fee

Late Entry Payment Arrangements

For those students who joins us later in the year we have a prorated payment system. Tuition less the enrollment fee will be pro rata based on the number of school days remaining for students entering SIS after the first day of school.

Payment Instructions

For Returning Students:

An invoice will be issued to each student containing two separate virtual account numbers (가상계좌); one for USD payment and another for KRW payment. This account is individualized for each student and will be used until the student graduates from SIS.

For Newly Enrolling Students:

Unless otherwise stated in the invoice issued to each student, payments shall be made using the bank accounts indicated below.

Method of Payment

We accept payments by wire transfer. The Korean won and US dollar amounts must be directly deposited into the respective SIS Shinhan Bank accounts.

** The Application Processing Fee may be paid in Korean Won (KW) by wire transfer

Account Name: Seoul International School
Won Account #: 100-019-811496
USD Account #: 180-000-697898
Bank Name: Shinhan Bank, Ogum-dong Branch
Bank Address: 44 Ogum-dong, Songpa-gu, Seoul, South Korea
Swift #: SHBKKRSE
Telephone: +82-2-407-1411
Fax: +82-2-448-6313

When wiring money to the school it is important that you include your child's name and student number.

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