AIPS - SCHOOL FEE POLICY
1.Admission Fee (Non-refundable) will be charged once from every new student at the time of admission.
2.Security Fee is payable only at the time of admission and is refundable on one month Notice at the time of Student withdrawal / pass out.
3.Annual Charges will be paid annually by every student.
4.There is ten percent (10%) discount for full payment (one year) of tuition fee.
5.The monthly tuition fee shall be charged for two (02) months in advance for all grades / classes, and tuition fee cut-off date is 15th of billing month.
6.If a Monthly Tuition Fee is not received by the due date as noted on the tuition fee bill, a late fee fine of Rs.100 will be charged till the expiry of validity date of the bill (Callahan form), which is 25th of billing month. After the expiry of validity date, the tuition fee bill will be considered invalid, and new fee bill will only be issued with an additional fine of Rs. 200/- per fee bill plus the late payment charges incurred till that day.
7.The fee defaulters (students whose fees remain payable even after the expiry of Due/Validity Date) are issued periodic reminders followed by the Final Reminder, thereafter the student will not be permitted to attend class until the total amount due, including late fees, is paid in full.
8.Parents/Guardians habitually defaulting on fees payment have the risk of making their children liable to being struck off the school roll. The security deposit of students will be adjusted against their unpaid dues.
9.Re-applying will be treated as a fresh enrollment and processing of such application will be subject to the vacancy and clearance of all outstanding dues, penalty amount and the re-payment of an admission fee of Rs.2,000.
10.Where a parent/guardian believes financial circumstances have arisen that will prevent or delay the payment of the school fee, a variety of options are available, such as
Extension of Time – for time extension, please contact the school Finance Manager prior to the due date. Payment Plans – Payment of the school fee can be made by regular monthly installments.
11.It is the responsibility of the parents to inquire from the school’s office if they have not received the fee bill by the 5th of the billing month. All dues will be paid directly either in cash to the school’s office or to the schools specified branch(s) of a bank. The payment ‘due date’ and the fee bill ‘validity date’ is marked on the fee bill, and late fee will be collected by the school office/bank at the time of payment.
12.The late payment charges will not be condoned or reduced in any circumstances.
13.Admission Fee, Annual Resource Charges/ other charges are non-refundable under any circumstances. For students leaving in mid-month, balance payment of tuition fee is not refundable. No refunds for any payments will be made if student is suspended on disciplinary grounds or the student is found in breach of the student code of conduct, and parent /guardian will be liable for paying up any damages caused to the school property as determined by the school management.
14.The school reserves the right to hold student’s transcripts, grade reports, school leaving and other certificates if the dues have not been cleared.
15.All parents and guardians responsible for guaranteeing school dues payment will read and sign an undertaking for compliance with the school’s policies as outlined in the ‘Admission Pack’.
16.Students seeking late enrolment in the school (after the commencement of the academic session) will be considered afresh admission and shall be liable to pay all dues admissible under the school fee policy.