Economic Fee Structure

Economic Fee Structure 2021-2022

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April 1st, 2021

RE: Economic Fee Structure for the International School of Ouagadougou

Dear ISO Community,

On behalf of the Board of Trustees, we would like to thank you for choosing the International School of Ouagadougou to educate your students. This is a privilege that we take very seriously.

During the school year, we have truly worked together to help our students live our mission – The International School of Ouagadougou cultivates diversity, respect, knowledge and character, and strives to develop global citizens who contribute towards a better, more peaceful world.

The Board of Trustees concluded our deliberations on ISO’s fee structure for the 2021 – 2022 School Year. During our discussions, we identified several areas that we deemed critical to our tuition model:

  • Our commitment to continuing to maintain a high-quality, individualized data-driven, academic program
  • The quantity and quality of the teaching staff needed to deliver this type of individualized program
  • Our commitment to maintaining a teaching staff that is fully certified in accordance with our accrediting agency
  • Our commitment to carrying out needed improvements and renovations to ISO’s physical plant
  • Our commitment to continuing to implement and use technology to prepare our students for success beyond the International School of Ouagadougou
  • ISO’s continued drive to use the most advanced assessment and testing systems to ensure that ALL our students achieve measurable student growth.

As we are all aware, these are extremely complex economic times in Burkina Faso. The approved Economic Model contains the entire cost of your student’s education, and reflects our best effort to be true to the spirit of a non-profit institution, without risking the quality of education that you, as parents, expect and deserve to receive from the International School of Ouagadougou.

The Board of Trustees hopes this notification will give you sufficient time to make the necessary arrangements for payment, prior to our first day back in classes for the first semester, on Monday, August 23rd, 2021.

Please see the attached details regarding ISO Economic Fee Structure and if any of the information is unclear, please notify our Business Manager, Mr. Basil Mathai.

Greetings from the Board of Trustees.

1er avril 2021

RE : Structure des frais économiques pour l’International School of Ouagadougou

Chère communauté de l’ISO,

Au nom du conseil d’administration, nous tenons à vous remercier d’avoir choisi l’International School of Ouagadougou pour éduquer vos élèves. C’est un privilège que nous prenons très au sérieux.
Au cours de l’année scolaire, nous avons vraiment travaillé ensemble pour aider nos élèves à vivre notre mission – l’International School of Ouagadougou cultive la diversité, le respect, la connaissance et le caractère, et s’efforce de développer des citoyens du monde qui contribuent à un monde meilleur et plus pacifique.

Le Conseil d’administration a conclu ses délibérations sur la structure des frais de l’ISO pour l’année scolaire 2021 – 2022. Au cours de nos discussions, nous avons identifié plusieurs domaines que nous avons jugés essentiels pour notre modèle de frais de scolarité :

  • Notre engagement à continuer à maintenir un programme académique de haute qualité, individualisé et basé sur des données
  • La quantité et la qualité du personnel enseignant nécessaire pour offrir ce type de programme individualisé
  • Notre engagement à maintenir un personnel enseignant qui est entièrement certifié, conformément à notre agence d’accréditation
  • Notre engagement à apporter les améliorations et les rénovations nécessaires aux installations physiques de l’ISO
  • Notre engagement à continuer à mettre en œuvre et à utiliser la technologie pour préparer nos élèves à réussir au-delà de l’International School of Ouagadougou
  • La volonté constante de l’ISO d’utiliser les systèmes d’évaluation et de test les plus avancés pour s’assurer que TOUS nos élèves atteignent une croissance mesurable.

Comme nous le savons tous, nous vivons une période économique extrêmement complexe au Burkina Faso. Le modèle économique approuvé contient le coût total de l’éducation de votre élève, et reflète notre meilleur effort pour être fidèle à l’esprit d’une institution à but non lucratif, sans risquer la qualité de l’éducation que vous, en tant que parents, attendez et méritez de recevoir de l’International School of Ouagadougou.

Le Conseil d’administration espère que cette notification vous donnera suffisamment de temps pour prendre les dispositions nécessaires pour le paiement, avant notre premier jour de retour en classe pour le premier semestre, le lundi 23 août 2021.

Veuillez consulter les détails ci-joints concernant la structure des frais économiques de l’ISO et si l’une des informations n’est pas claire, veuillez en informer notre comptable, M. Basil Mathai.

Salutations du Conseil d’administration.

Payment Methods and Instructions

All fees and levies are payable by check in EUR or XOF, or by bank transfer in EUR. Cash payments are not accepted for any school fees or capital levy contributions at the ISO Business Office. Checks are to be made payable to: International School of Ouagadougou. See wiring instructions attached to this packet.

Receipt of payment is required by the International School of Ouagadougou (ISO) as soon as payment is made. This receipt should be emailed directly to Daniel Fitzpatrick, d.fitzpatrick@iso.bf or brought in person to the ISO Business Office. Be aware that your bank may charge a fee for a wire transfer.

Payment Installment Plan (Tuition only)

The following options are available to ISO families:

Installment plans for 100% sponsored families

Families with 100% employer sponsorship for school fees must pay in full by June 30th of each calendar year. Exceptions must be arranged with the Director.

Installment plans for others

Families without 100% employer sponsorship and having to pay out of pocket may choose to pay in one, two, or four installments after being approved by the Business Manager. This request must be made in writing, by email or in person, by April 30th of each calendar year. The following are the installment plans:

  1. One payment method: no later than June 30th of each calendar year
  2. Two payment method:
    1. First no later than June 30th of each calendar year
    2. Second no later than the end of the first semester
  3. Four payment method:
    1. First no later than June 30th of each calendar year
    2. Second no later than the end of the first quarter
    3. Third no later than the end of the second quarter
    4. Forth no later than the end of the third quarter
Late Payment Penalties (Board Policy 501.8)

Late payment penalties shall be levied as follows:

  1. 2.5% of fees due if payment is received on or before two months after the due date.
  2. 5.0% of fees due if payment is received more than two months after the due date.

Student records and reports shall be withheld until all payments are brought up to date. If fees fall a full quarter behind, families may be asked to withdraw their child from the school. In any event, students for whom payments are outstanding from the previous school year(s) shall not be admitted at the start of the new school year until the arrears are paid in full.

Bank Charges

As per Board Policy all bank charges incurred to ISO’s account including charges for receiving wire transfers or foreign checks from foreign banks will be billed to the payee.

Late enrollment (Board Policy 501.10)

  1. Families enrolling students between July 1st and the first day of the school year shall pay all fees due by the first day of school in August and may apply for an adjusted payment plan per 501.7. Late payment penalties shall apply as per Board Policy 501.8.
  2. Families enrolling students during the first quarter shall be charged the full fees for the year, and shall settle all fees due before commencing class
  3. Families enrolling students after the end of the first quarter may, subject to the Director’s agreement, be charged pro-rated school fees for the remainder of the year; they shall settle all fees due before commencing class: late payment penalties shall apply as per the above. Application and capital levy contributions are always payable in full and cannot be waived or pro-rated.

 

Early withdrawal (Board Policy 501.11)
  1. Families who will be leaving the country before the end of the school year and who inform the school of their date of departure before June 30th shall be invoiced on a prorated basis, and shall settle the invoice in full before the start of the school year
  2. Students withdrawn at any time in the school year as a result of political turmoil or civil unrest shall not be entitled to any refund of fees paid or any waiver of any fees outstanding under an installment plan.
  3. In the event of students being withdrawn before the end of the first semester for reasons other than political turmoil and civil unrest, and providing notification is received on or before December 1st by the Director, ISO shall: (a) Waive payment of the second semester installments for families on an installment plan; (b) reimburse second semester fees for those that have paid in full.
  4. Students withdrawn for whatever reason after the end of the first semester shall not be entitled to a fee waiver or refund.

 

Cancellation (Board Policy 501.12)
In the event of a student being unable to take up his/her place at the start of the school year for any reason other than political turmoil and civil unrest, and providing notification is received on or before August 1st by the Director, ISO shall refund second semester tuition and fees to families that have settled tuition fees in full. No refund shall be paid to families in this circumstance who have paid one semester’s fees under an installment plan.
Temporary withdrawal (Board Policy 501.13)
Families temporarily withdrawing students from school but wishing to secure a place for their return later in the same school year shall be required to pay fees for the full year.
Assisted Places (Board Policy 502)
In order to maximize its revenues the school may exploit spare classroom capacity by awarding assisted places in Grades K – 12 to students from families unable to meet tuition fees in full. Within the parameters established to this end by the Board in the annual budget, the school may in such cases waive up to a maximum of 50% of tuition fees due1: all other fees shall be paid in full. Assisted places are awarded for one school year at a time, and are subject to renewed applications each year. Beneficiaries of an assisted place one year cannot be guaranteed an assisted place the next.

Applications for assisted places must be submitted using the appropriate form, available from the school administration and on the ISO website, together with the supporting documentation specified on the form, at the same time as the regular enrollment requests to which they are linked. By way of derogation to the schedule for the regular admissions and enrollment procedure (Section IV), applications for assisted places for the school year starting in August shall be submitted by March 31st at the latest. They shall be submitted in a sealed envelope, marked “Confidential: Article 502 Application”; a receipt shall be issued by the school administration. Applications received from April 1 to the end of first semester may, at the Board’s discretion, be assessed on a first-come, first-served basis. Fee waivers shall under no circumstances be granted retro-actively; any waiver granted pursuant to Article 502 applications received after the start of the new school year shall apply only to second semester, the fees for the first semester being payable in full. From the end of the first semester, no applications will be accepted.

Applications for assisted places must be submitted using the appropriate form, available from the school administration and on the ISO website, together with the supporting documentation specified on the form. For further information please contact either the Business Manager or the Director.

For Returning Families (Board Policy 501.5)
Guarantee your child’s spot by paying a € 500 deposit by April 30th 2018. The deposit will be applied to your tuition fees. The deposit is non-refundable* and non-transferable*.

* Provided there are remaining funds available