MODERN INTERNATIONAL SCHOOL, BANGKOK

FEES POLICY FOR THE YEAR 2013-2014

Registration Fees:
Registration fee for the academic year 2013-2014is 3,000 Baht.  Completed registration form and all the documents must be submitted to the admissions office prior to placement test and admission interview.  This fee is non-refundable

Admission Fees:
All new student entering MISB are required to pay a one time admission fee. This Fee is a non-refundable, payment upon initial enrollment of a student.
Development Fees:
This fund shall be used towards campus development. The fee is waived for students entering Nursery to Year 1and Year 10 – year 13 for the academic year 2013-2014and should be paid upon initial enrollment of a student. This is a one-time non-refundable payment.
Payment Schedule:
Tuition fees for all students are due and payable into 2 equal installments. Below is a payment timetable for the school year 2013-2014
1st Installment: Early years and Primary School

Secondary School &A’Level
23rd– 26th  July 2013

29thJuly –2ndAugust 2013
2nd Installment: All classes: 13thDecember 2013
**NOTE** Books and uniform can be purchased only after Tuition fee has been paid
Timely payment of Fees:
All fees must be paid during the given payment schedule. A late payment charge of 100 Baht per day will be imposed on late tuition fees payment after 30th August 2013 (for 1st Installment) and after 13th December 2013 (for 2nd Installment).If a cheque is returned unpaid, a 500 Baht charge will be added to the invoice and the total amount has to be cleared within a week.
Family Discount:Family discount on Admission/Development and Tuition fee is offered to families that have more than one child enrolled at MISB and who are enrolling more than 1 child. The children must be of the same parents. The discount shall be as follows:
First child : No Discount
Second child : 10,000 Baht on Tuition Fees
5,000 Baht on Admission Fees and 5,000 Baht on Development Fees
10% Discount on Transportation
Third child or more : 15,000 baht on Tuition Fees
5,000 baht on Admission Fees and 5,000 baht on Development Fees
20% Discount on Transportation
Method of Payment:
    • Cashier’s Cheque
    • Cheque payable to “Modern International (M.I.S.B) Bangkok Co., Ltd.” Or “MISB”
    • Credit Card - VISA / MASTER
    • Cash
    • Bank Transfer to the school account. Please fax the pay-in slip to school at 02-258-8219 with the student name, class        and ID
Bank name: Siam Commercial Bank (SCB)
Account name: “Modern International (M.I.S.B.) Bangkok Co., Ltd” or “MISB”
Account No: 204-2-03863-9
Branch: Citi Resort - Sukhumvit 39
Swift Code: SICOTHBK
Bank Address: 79 Sukhumvit 39 Rd., Klongton-Nua, Wattana, Bangkok 10110 Thailand
Late Enrollment: (Subject to economic criteria and approval on case-to-case basis)
Tuition Fees shall be prorated for enrollment of less than a full semester by applying the following conditions:
Joined in the Month of Percentage to be paid
August-September 100%       of the 1stinstallment
October 80%         of the 1stinstallment
November

70%         of the 1st installment

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January-February 100%       of the 2ndinstallment
March 80%         of the 2ndinstallment
April 70%         of the 2nd installment
Withdrawal Policy:
Written notice of 30 days prior to formal withdrawal is required. The student will be required to sign the School clearance form and clear all obligations with the school before leaving.
Refund Policy:

Registration fee, Development fee, Admission fee, Books and Uniform are non-refundable. Tuition fee, Transportation, Food and Snacks are refunded based on the following conditions:

Month Percentage to be refund
August 80% of the 1stinstallment
September 50% of the 1stinstallment
October 25% of the 1stinstallment
November 0% of the 1stinstallment
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January 80% of the 2ndinstallment
February 50% of the 2ndinstallment
March 25% of the 2ndinstallment
April 0% of the 2ndinstallment
Re-admission:
Students who leave the School and wish to join back within a year; the Admission and Development fee would be 50% of the total fee.