10.0 Finance

10.01 School Fees

Application Fee

  • An application fee of 1,500RMB has to be submitted upon application.
  • The application fee is a one-time non-refundable payment. A prospective student is allowed to sit for a placement assessment after the application fee is paid.

Registration Deposit

All newly enrolled SSIS student will pay a 10,000 RMB Registration Deposit. This will be invoiced and due with your tuition fees and refunded as outlined in the terms and conditions.
Annual Tuition Fees in RMB (for 2017/2018)
Grade Level                              Annual payment payment by semester
Pre-Nursery (Half Day)            59,950Pre-Nursery (Full Day)             84,950 30,72543,550
Nursery, Pre-Kindergarten      112,000 57,500
Kindergarten                          156,000 79,975
Grade 1 to 5                          165,500 84,975
Grade 6 to 8                          175,500 89,975
Grade 9 to 10                        185,000 94,975
Grade 11 to 12                      195,000 99,750

German Department Annual School Fee (for 2017/2018)

Grade 1 to 4                             annual payment                            payment by semester
                                             171,500                                      87,935

Other Fees

Library Deposit

  • Students have to pay a library deposit of RMB500.00 before they are allowed to borrow books from the library; this is collected at the same time as the school fees.
  • After returning all the school books and materials, this fee will be returned when the student leaves the school.

Transportation Fee (for 2017/2018)

  • There will be a transportation fee for students who are taking the school bus.
  • This fee will be collected at the same time as the school fees.
  • The annual fees (in RMB) for the respective locations are reflected below:
Grade 1 to 4                             Annual Payment

Suzhou Industrial Park              6,500

Payment By Semester

3,250

Suzhou City                              9,000 4,500
New District                             10,300 5,150
Kunshan                                  12,000 6,000
Wuxi                                        16,800 8,400

Meals

The cost of school lunch is not included in the tuition fee. School lunch is catered by Sodexo and payment for meals will be made directly to Sodexo.

Uniforms

All students, expect G11-12, are required to wear the school uniform. The cost of school uniform is not included in the tuition fee. School uniform is provided by Totema and payment for uniform will be made directly to Totema.

Apple Laptop (Grades 5-12)

All students in Grade 5 to 12 are required to have an Apple laptop with the school’s software image on it. Families may choose to either purchase a laptop from the school’s supplier or purchase a computer outside of school. For more information please follow this link.

Trip and Activities

Some enrichment programs or CCAs carry extra costs for tuition or transportation. Some field trips or residential trips may require an additional payment.

Fee Administration

(A) In US Dollars ( T/T from a bank outside of China )

Correspondent Bank: Bank of New York Mellon, New York, USA

Swift Code: IRVTUS3N
ABA Number 021000018
Intermediary Bank Name: DBS Bank (China) Limited Shanghai Branch
Swift: DBSSCNSH
Beneficiary Bank Name: DBS Bank (China) Limited Suzhou Branch
Swift: DBSSCNSHSUU
Payee: Suzhou Singapore International School
Account No: 546 002 468 000 007 5
(B) In RMB
Payee: Suzhou Singapore International School
Account No: 89040154800000173
Bank Name: Shanghai Pudong Development Bank, Suzhou Industrial Park Branch
Bank Address: 163 Xinhai Street, Suzhou 215021, China
(C) In Cash
Fees can be paid in cash (RMB) to the school finance office. (Please ensure that the banknotes are unspoiled and clean)

Terms and Conditions-Fee Payments and Deposits
1. All fees (including without limitation, application fee, annual tuition fee, transportation fee, etc. as listed in the document Fees and Deposits) and deposits must be paid by the due date as stated on the invoice.
2. All bank charges shall be borne by the parents / guardians.
3. Fees are denominated in RMB. Cash payments can only be made in RMB. If payment (via bank transfer) is made in a currency other than RMB then the payment shall be deemed to have been converted at RMB at the prevailing exchange rate at the time of payment.
4. All fees and deposits except the Application Fee, Registration and Library Deposits will be invoiced on a prorated basis for students who enrol after the commencement of a semester.
5. A sibling discount of 5% is offered to families with three or more children enrolled at SSIS.
6. Only one discount can be applied per invoice, whichever is greater will be used.
7. A late payment charge is calculated at 0.3% of unpaid invoice amount per day.
8. In addition to any charges that may be imposed, SSIS reserves the right to suspend a student where parents/guardians fail to pay or pay in full regarding any fee and deposit for which a parent/guardian is liable by the payment deadline.
9. Reports, academic transcripts, letters of recommendation and/or other information and documents concerning the student will only be released when all outstanding fees and payments are settled.
Fees
11. Transportation Fees are charged to those students who take the school bus and are determined by location. Students who take school buses shall follow the orders and regulations of school bus as required by SSIS.
12. Payment for meals and uniforms will be made directly to the relevant provider.

13. IB Diploma exam fees are payable to the IBO and will be invoiced to the parents of IB DP candidate students. The cost is determined as a per subject fee.
14. Once the student is accepted by SSIS, refunds both for transportation and tuition fees, are given as follows:
14.1 For attendance of ten (10) or less school days in a semester, the school will refund 25% of fees paid for that semester.
14.2 For attendance of more than ten (10) school days but less than twenty-five (25) days in a semester, the school will refund 50% of fees paid for that semester.
14.3 For attendance of twenty five (25) or more days in a semester, the school fee will not be refunded.
14.4 For those who have paid a full year’s tuition fees and leave before the commencement of Semester 2, Semester 1 tuition fees will be refunded as per 14.1-3 and Semester 2 tuition fees will be refunded in full. For those who leave after the commencement of Semester 2, tuition fees will be refunded as per 14.1-3.
15. Fees will not be refunded if a student is absent and intends to return to SSIS, within the same academic year.
16. Fees will not be refunded in the event of partial or whole school closure due to an uncontrollable situation such as snow, high pollution, communicable disease.
Deposits
SSIS makes advance commitments related to staffing, purchasing and other resources, based on confirmed enrolment, all of which have financial implications. Accordingly, should a parent/guardian decide to terminate a student’s study at SSIS, it is necessary for SSIS to be compensated for the early termination of the education services contract between the school and the parent, as commitments would have already been made by SSIS and there would be direct and/or indirect financial impact of implementing changes in scheduling and other arrangements. Depending on the time of year when the student withdraws, as well as when the written notice of withdrawal is submitted to SSIS, the amount of compensation for early termination required by the SSIS may vary.
16. The Registration and Library Deposits will only be refunded when the following process is adhered to:
16.1 Leave Forms are completed online or collected from the Admissions Office. The paper form must be completed, signed and dated by a parent, and submitted to the Admissions Office. Any other type of withdrawal notices, verbal or written will not be accepted.
16.2 Clearance Form is downloaded online or collected from the Admissions Office.
16.3 All textbooks, library books and other materials which are required by SSIS are returned.
16.4 The Clearance Form is completed and signed by the relevant staff (e.g. Head of Grade, Principal, Finance Office Representative etc.) and submitted to the Finance Office.
16.5 Proof of deposit (the deposit receipt issued by the Finance Department on enrolment) is provided.
17. The Registration Deposit may, at the School’s sole discretion, be used to pay or to off-set against any monies due and owing to the school, or to pay for any damages to the School’s property or for books and materials not returned.
18. For a student who is accepted by SSIS and leaves within the same semester the Registration Deposit due to whatever reasons (including unable to get effective resident permit extension)will not be refunded unless the leaving date was already disclosed on the application and short term arrangements had been approved in advance.
19. The quantum of the deposit refund will be computed in accordance to the following due dates:

Not Returning for Leaver’s Form Received by School Deposit Refund
First Semester On or before June 1 100%
On June 2 and until start of First Semester 50%
From start of First Semester 0%
Second Semester On or before December 1 100%
On December 2 and until Second Semester 50%
From start of Second Semester 0%

20. Those leaving during a semester are not eligible for a refund of the Registration Deposit unless they have advised the School in advance in accordance with the dates above.
21. Deposits not claimed by the parents/guardians within six (6) months from the student’s last day attending school will be treated as a donation to the School’s development fund, and cannot be claimed thereafter.

RE-APPLICANTS

Re-applicants are students who leave SSIS and subsequently return. Re-applicants to the School will be subject to all prevailing admissions requirements, fee and policy changes. At the Principals discretion, those students who have left the school within the previous 12 months may not have to undergo the placement assessment.

UNDERTAKING
The student, parent(s) and guardian agree that the student will at all times adopt and comply with all rules, regulations and policies which the School may adopt from time to time. The School reserves the right to amend school policy without prior notice.
10.02 Financial Support for Events outside Suzhou
The school will subsidize the cost of long trips to cultural and sporting events with 15% of the total cost of the trip. This total figure will be calculated to include registration and participation fees, accommodation, transport and any other such costs incurred as part of the participation in the event. This calculation will include the costs for the accompanying SSIS teacher(s)The student will be charged 85% of the total costs outlined above. This will be calculated by taking the total cost of the event minus 15%, divided by the number of students participating. The school will pay the additional 15%.Note: The above guidelines and calculations may be revised in light of any changes made by organising bodies (ACAMIS, BEIMUN).Other activities and events which do not fall under the categories mentioned above will be calculated in a similar way on a case by case basis. Although costs will vary depending on distance travelled and the nature of the activity, the student contribution for such events is generally 2000-2500 RMB per trip.