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 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.

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.

 

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.

 

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.

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.

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