ISPP is a non-profit parent-owned association and relies almost completely on fee income to assure sufficient resources for the school’s operation. Fees are reviewed annually during the development of the budget, which is approved by the Board in January, and the fee schedule for the following school year is released in February.
Parents or legal guardians of enrolled students are responsible for reading the full guidelines for payment of fees and additional charges included on the fee schedule, which is available on the website or at school offices. Parents or legal guardians are liable for fee payment immediately on enrolment, irrespective of whether fees are paid personally or by an employer.
Invoices are issued two weeks prior to the deadline and sent home with the youngest child of the family, unless other arrangements are made with the Finance Office. Since the school is dependent on fee income for all resources, parents are asked to respect the payment deadlines published in the fee schedule. Penalties will be charged for late payment and non-payment of fees may lead to dis-enrolment of a student.
It should be noted that all fees other than tuition and capital fees are non-refundable; tuition fees can be refunded for full quarters of non-attendance only, irrespective of date of withdrawal. Capital fees can be refunded only for full semesters not attended.
The school budget is set both for Capital and Operational expenditure:
Capital fees are charged annually and used for purchase of equipment and facilities construction/renovation, as well as contributing to reserves for a planned purpose-built facility.
Entrance fees for students enrolling in Kindergarten to Grade 12 are charged once only on registration; students in Early Years are charged an annual fee which is applied to the full fee should the student progress to Kindergarten.
An enrolment deposit may be required to secure a place for the upcoming school year and is applied to the first tuition payment.
An annual re-enrolment fee is applied to all returning students, to secure their space for the forthcoming academic year.
Tuition fees are charged annually at a different rate for each Programme (EY, PYP, MYP, DP). Payment may be made annually, by semester or by quarter/term; a finance charge is applied to payment by instalment (2% semester or 4% quarter).
Where a student receives individual support services for English as an additional language or special education needs, there is no additional fee. An EAL testing fee may be charged to determine admission or level of language support required.
Additional charges may be made for certain activities on a cost-recovery basis. Currently these charges are made for some educational travel and for the Mother Tongue programme.