School Fees

SCHOOL MEMBERSHIP FEES 2019-2020

Grade Level

Registration

Fee**

Annual

Tuition***

Capital Fee****

for returning students *****

for new students

Preschool 3/4

EUR 725

EUR 8 000

EUR 1 600

EUR 2 500

Kindergarten – Grade 5

EUR 1 450

EUR 13 665

EUR 1 600

EUR 2 500

Grade 6 - 10

EUR 1 450

EUR 15 575

EUR 1 600

EUR 2 500

Grade 11 - 12

EUR 1 450

EUR 16 180

EUR 1 600

EUR 2 500

 

** Registration Fee - a one-time only fee per student. NON REFUNDABLE. The fee is payable also for returning students who return to ISL after more than one year of absence.

*** Annual Tuition - an annual fee for tuition for a student enrolled in the school.
**** Capital Fee - an annual contribution for the continuous development of school facilities.- NON REFUNDABLE
***** Returning student a student who hasn’t been away from ISL for more than one year.   

Program improvement, teacher advancement and inflation comes hand in hand with financing. School membership fees are subject to annual increase by 2% (two percent) a year, unless decision on smaller increase is taken. In case financial needs of the school results in larger increase, parents will be notified in advance. Fees for the next school year are published in May of the current year.      

* Extra tuition will be charged for students who have special educational/medical needs or are in the need of a Specialized Program. Additional costs to parents, calculated on a case-by-case basis, can include but are not limited to the following: one-to-one assistant, assistive devices, educational psychological assessments, occupational therapy, speech therapy, physical therapy, tutors, psychotherapy, special tests, additionalmaterials etc., and the teaching/support staff involved.

Extra-curricular/After School Activities are charged separately.

PAYMENT FOR 2019-2020

Payment due date is 1st August 2019. If student is enrolled after the school year has started, payment is due as soon as invoice is received, before child’s first day of school.

Admission Fees and other payments should be paid ONLY by bank transfer to the school’s bank account as stated in invoices. The payer covers bank transfer charges.

Non-regular payments of up to EUR 30 can be paid to the school cashier.

DISCOUNTS

Starting with the 2017/2018 school year no discounts are available to new students/families and families enrolling any additional students.


Out of respect for students already enrolled at ISL, the previous discount policy will be applied for families with 3 or more children enrolled at ISL as long as they all remain students at ISL. This discount will not apply for families who enroll new students which results in 3 or more students at ISL after 2017/2018 school year

LATE PAYMENT CHARGES

For invoices unpaid after the due date, a reminder will be sent and a late payment charges (6% a year from the amount due) will be calculated. If the payment or record of transfer is not received in one month after the payment is due, external debt collectors may be used, the costs of which will be billed to the debtor and the student will be suspended from the school. Upon availability the student will be re-admitted when payment is made including a late payment charge.

MID-YEAR ENROLLMENT

In the event that a student enters ISL during the school year, the partial tuition is pro-rated, based on the total months remaining in the school year, taking into account that the whole school year is 10 (ten) months. 

The Registration Fee and the Capital Fee are not pro-rated; they are payable in full regardless of enrollment date. 

PAYMENT SCHEDULE 

Parents, who are current on payments and are paying the full school fees themselves, may apply for a semi-annual or quarterly tuition payment schedules that is accepted by the School’s Council. 

Alternative Payment Schedules apply only to the Annual Tuition Fee.

Option 1: Semi-Annual Schedule

Payment Payment Due Date Payment Amount (%)

1st

1st August 2019

  • 60% Tuition Fee
  • 100% Capital Fee
  • 100% Registration Fee

2nd

10th January 2020

  • 40% Tuition Fee

 

Option 2: Quarterly Schedule

Payment Payment Due Date Payment Amount (%)

1st

15st August 2019

  • 40% Tuition Fee
  • 100% Capital Fee
  • 100% Registration Fee

2nd

26th October 2019

  • 30% Tuition Fee

3rd

10th January 2020

  • 20% Tuition Fee

4th

9th April 2020

  • 10% Tuition Fee

REFUNDS

Students who leave the school early will be required to pay according to the following principle:

Exit quarter

Refund calculated from the TOTAL amount of annual tuition (%) *

1st

  • 60%   Tuition Fee

2nd

  • 30%   Tuition Fee

3rd

  • 10%   Tuition Fee

4th

  • No refund

*This total amount does not include the Capital Fee and the Registration Fee which are non-refundable.

If for any reason, when your child leaves ISL, you have paid less than amount owed according to the refund schedule, you will be asked to pay the remaining amount even though the child will no longer be a student at ISL. No student records will be released until the payments are settled.

In cases where students are suspended or dismissed for unsatisfactory conduct or academic progress, the School reserves the right to withhold any refund of tuition or fees.

TRANSPORTATION

The annual School bus fee per student is EUR 1 850 (inc. VAT). For those riding the school bus just a few times a year the price per route will be EUR 6.00 and the price per day per round trip will be EUR 12.00.

Transportation Price/Eur Conditions
Whole year both ways transportation 1850.00 Pre-payment for the bus service for the whole year in the beginning of the year.
Whole year one way transportation 925.00 Provided only if there are vacant seats available and only on the prepayment basis - half year price - EUR 925.
Single day usage (one way) 6.00 Available for students riding a bus no more than 3 days per month if there are vacant seats available. Students using the bus for more than 3 days per month, will be billed the monthly fee (EUR 185).
Single day usage (roundtrip) 12.00
Late admission at ISL (starting March 2019) Prorated fee (based on the yearly fee (EUR 1850.00)) Available only to those who join ISL late in the year . Others using the bus on the regular basis will be billed either half year price (one way transportation) or yearly price (both ways transportation).


BANK DETAILS

Biedrība "Latvijas Starptautiskā Skola"
Registration Number. 40008006745
Legal Address: Viestura 6A, Jūrmala, LV-2010, Latvija
CITADELE BANK
VAT No. LV40008006745
Bank account: LV39PARX0012714510001
SWIFT: PARXLV22

All parents are encouraged to contribute to ISL’s voluntary donations program. Donations to ISL Building Fund and ISL Scholarship Fund are much appreciated, and will enable the School to enhance its program offerings. By contributing ISL’s voluntary donations program you are entitled to Corporate Income Tax or Personal Income Tax reductions.

For any additional information, please contact school's Finance Office at finance@isl.edu.lv or call +371 67811196.

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