School Fees

School Fees

Application Processing Fee

A non-refundable Application Processing Fee of US$ 350 is required to initiate the processing of your application for enrollment in AISD

Upon Acceptance to AISD

Seat Deposit (credited to tuition)

Upon acceptance to AISD a seat deposit of $3,000 is due for all grade levels. This $3,000 will be credited against the total amount due.

Tuition for School Year 2015-2016 Grade Level           

Full Year Pre-Kg Half Day (PK 3) .............. US$  6,695*

Pre-Kg Full Day (PK 4) ............... US$  9,975*

KG & Grade 1-5 ......................... US$ 22,350*

Grade 6 - 8 ................................ US$ 25,295*

Grade 9 - 12 .............................. US$ 27,825*

*Less the $3,000 seat deposit

Tuition for School Year 2016-2017 Grade Level           

Full Year Pre-Kg Half Day (PK 3) .............. US$  7,060*

Pre-Kg Full Day (PK 4) ............... US$  10,515*

KG & Grade 1-5 ......................... US$ 23,560*

Grade 6 - 8 ................................ US$ 26,660*

Grade 9 - 12 .............................. US$ 29,330*

*Less the $3,000 seat deposit

Registration/Capital Fee

A one-time, non refundable fee of $2,500 for Pre K3, $3,600 for Pre K 4, and $12,950 for grades K - 12. New students enrolled in PK 3 and PK 4 who stay through KG, will pay the Registration and Capital Fee for KG less the registration fee paid earlier for PK classes.

Building Maintenance Fee

An annual, non-refundable fee of $1,000 for all grade levels. This fee offsets yearly maintenance costs.

Enrollment on or before July 1st

Once you have received your notice of acceptance from AISD, you will receive an invoice for Tuition and all other fees. To hold the seat, you are required to pay a $3,000 non-refundable Reservation Seat Deposit within 10 days of the date of the invoice. This $3,000 will be credited against the total amount due.

Full payment for the balance due for invoices issued before May 1st must be paid by May 30th. Invoices issued after April 30th must be paid within 30 days of the date of the invoice.

Enrollment after July 1st and before August 1

Families enrolling their child on or after July 1st and before August 1st will immediately receive an invoice for the Registration/Capital Fee, the Building Maintenance Fee, and full Tuition, as applicable. This invoice is payable in full before the child can begin attending classes. To hold the seat you, are required to pay a $3,000 non-refundable Reservation Seat Deposit within 10 days of the date of the invoice. This $3,000 will be credited against the total amount due. Full payment for the balance due must be paid within 30 days of the date of the invoice or by the opening day of school, whichever is earlier.

Enrollment after July 31:

Families enrolling their child on or after August 1st will immediately receive an invoice for Registration/Capital Fee,  the Building Maintenance Fee, and full Tuition, as applicable. This invoice is payable in full before the child can begin attending classes.

For New Students attending only part of the school year:

The Registration/Capital Fee and the Annual Maintenance Fee are payable in full regardless of the enrollment date during the year. Students enrolling during any quarter will be billed for the full quarter.

Optional School Activities

Students may elect to participate in activities that are in addition to the established school program. These include travel to Model UN, GIN, and sports and academic events outside of Bangladesh. Parents are expected to cover the actual expenses for such activities (travel, hotel, visas, uniforms, etc). An estimated total cost will be provided before the event.

Lost Books

Students are required to pay for the replacement cost of the lost books. Payment is due immediately upon receipt of  the invoice. The paid money is refundable to the Parent if the book is found and returned in good condition. Final report cards or school transcripts will not be released until the payment is settled. 

Cafeteria Charges

The Cafeteria provides the mid-day lunch and some snack items and is operated by a contracting company. The food charges are paid by funds that are deposited on the student’s ID card. Elementary student ID cards are kept in their classroom. All students in Grades 6-12 must carry their ID cards at all times.

Transportation

Bus transportation to and from school at the beginning and end of the school day is provided to students living in the local area at no additional cost. For those who are living in more distant areas, transportation will be provided to the extent that it is found to be practical by the School Administration. Under no circumstances will any adjustment be made to the School Fee to families who, for any reason, do not utilize the school transportation.

Installment Payment Plan 

If payment for the full amount due cannot be made by the due stated on page 2, the parent or his/her designee   must contact the Business Office no later than the invoice due date and arrange with the Chief Financial Officer an Installment Payment Plan. To qualify for an Installment Payment Plan, a minimum payment of the full Registration and Capital Fee, the full Building Maintenance Fee, and the Tuition for the first semester (i.e. two quarters) of attendance is required by the invoice date above. The monthly Late Fee of 2% per month will be assessed on all outstanding amounts due past the original due date. 

Late Fees

The rate of Late Fee is determined by the School Board Finance Committee on an annual basis. The approved late fee rate for 2014-15 is 2% per month. The Late Fee is calculated every month on the outstanding school dues and any portion of a month will be billed as an entire month. The Late Fee is payable immediately after its accrual. No other payment is acceptable while late fees are outstanding. 

Refund Policy

The Tuition fee is refundable only for the quarter(s) of non-attendance. Tuition fees are not refundable for the academic quarter during which the student actually withdrew, regardless of when this occurred. A written notice of date of withdrawal should be presented to the school Registrar as soon as possible. In cases of emergency which cause an unusually high number of student withdrawals, the Board may exercise its prerogative to withhold all or a portion of Tuition refunds, regardless of when the emergency occurs.

No portion of the Registration/Capital Fee and the Annual Maintenance Fee is refundable. For a returning student, who will be attending less than four weeks classes at the beginning of the session, they will be invoiced for the actual number of attendance days of Tuition on a pro-rata basis.

All foreign currency refunds will be made from one of the school’s foreign currency accounts.

Method of Payment

All Fees must be paid in US Dollars by a wire transfer to the School designated bank account or by a Bank Draft or by a personal Bank Check.

a) In case of fees paid in USD by a wire transfer, a bank charge of USD 50.00 must be added to every wire transfer.                 Also, please include Parent’s Name/Code and Student’s Name/Grade.

b) The check is to be issued in favor of the “American International School Dhaka”.

c) Payment in Cash US Dollar is not accepted.

For local parents and agencies that cannot pay in US Dollars:

a) Payment in Taka from agencies that cannot legally pay in US Dollars may be considered, subject to a written request indicating the reason for the exception and approval of the Chief Financial Officer to this effect. Because of fluctuating exchanges rates, agencies can either pay a 10% exchange fee at the time of invoicing, or agree to an additional quarterly invoice based on assessment of the changes in the exchange rate.

b) Host country parents can settle the account in equivalent Taka amount. The payment in Taka from other parents may be considered, subject to a written request to the Chief Financial Officer indicating the reason for the exception.

c) The USD and Taka exchange rate will be specified by the School Administration. The School Business Office may be contacted to obtain the applicable exchange rate for the transaction date.

d) The School Board reserves the right to re-compute the payable equivalent Taka amount in the event of significant currency devaluation throughout the school year.

Bank Transfer Instruction for School Fee Remittance directly to the School Designated Bank account

A    For Incoming Wires from USD Currency Only:  

Bank: TD Bank, NA. 2035 Limestone Rd, Wilmington, DE 19808, USA

Swift Code: NRTHUS33XXX or ABA #(For ACH 054001725)

Beneficiary:

American International School Dhaka 12 United Nations Road, Baridhara Dhaka, Bangladesh

Bank Account: 3980306702

Communication: Parent’s Name/Code and Student’s Name/Grade

 

B    For Incoming Wires From Non USD Currencies:  Bank:

TD Bank, Toronto, Ontario, Canada

Swift Code: TDOMCATTTOR

For Further Credit to: TD Bank, NA. 2035 Limestone Rd. Wilimington, Delaware, USA Swift Code: NRTHUS33XXX

ABA #: 031101266

Bank Account: 3980306702 Beneficiary:

American International School Dhaka 12 United Nations Road, Baridhara Dhaka, Bangladesh

Communication: Parent’s Name/Code and Student’s Name/Grade 

 
©2017 American International School Dhaka. All rights reserved. Site by schoolyard. Sitemap