Payment for 2021-2022
A non-refundable deposit of EUR 500 (five hundred euro) per student is required to be paid by 31st May, 2021 to secure a place for next school year. This deposit is credited towards the annual tuition fee.
Payment due date is 3rd August, 2021. If student is enrolled after the school year has started, payment is due as soon as invoice is received, before child’s first day of school.
All payments should be paid ONLY by bank transfer to the school’s bank account as stated in invoices. The payer covers bank transfer charges. Non-regular payments of up to EUR 30 can be paid to the school cashier.
Addressing the increased financial strains on our families caused by COVID, following support for 2021/2022 School year is provided:
● the annual 2% school membership fee increase is not applied;
● 5% discount for 3+ self paying families is extended;
● re-enrollment fee is reduced from EUR 1000 to EUR 500;
● monthly payment schedules are available for families in need upon request.
Starting with the 2017/2018 school year no discounts are available to new students/families and families enrolling any additional students.
Out of respect for students already enrolled at ISL, the previous discount policy will be applied for families with 3 or more children enrolled at ISL as long as they all remain students at ISL. This discount will not apply for families who enroll new students which results in 3 or more students at ISL after 2017/2018 school year.
Late payment charges
For invoices unpaid after the due date, a reminder will be sent and a late payment charges (0.1% a day from the amount due) will be calculated, not exceeding 10% of the amount due. No student records, including report cards and transcripts, will be released until the payments are settled. If the payment or record of transfer is not received in one month after the payment is due, external debt collectors will be used, the costs of which will be billed to the debtor and the student will be suspended from the school. Upon availability, the student will be readmitted when payment is made including a late payment charge.
In the event that a student enters ISL during the school year, the partial tuition is pro-rated, based on the total months remaining in the school year, taking into account that the whole school year is 10 (ten) months.
The Registration Fee and the Capital Fee are not pro-rated; they are payable in full regardless of enrollment date.