Payment Schedule & Conditions

The annual tuition may be paid in 1, 2, 4 or 8 instalments. The schedule is as follows:

Conditions:
Please note: no deductions are made for a child missing school due to holidays or illness​.

1. If a student is enrolled after the start of the school year, but not later than Fall Break in October, full tuition for the school year is applied and invoiced. Payment is due within 10 days of the invoice date, before the child’s first day of school.
2. If a student is enrolled after the Fall Break in October any time throughout the school year (“mid-year entrant”), tuition is prorated to reflect the actual start date. For mid-year entrants, payment is due within 10 days of the invoice date, before the child’s first day of school. 
3. If any payment is 10 calendar days overdue, members will be charged ​an Administrative Fee of € 30,00 and interest at 0,1% per day for the late payment.
4. The Director may exclude students from classes when payments are overdue more than 3  months, and ISR reserves the right to submit cases of debt collection to a third party of its choice at the cost of the debtor.
5. The School administration has the right to withhold a student’s documents – progress reports, transcripts and diplomas, if the member is not in good standing, i.e. has outstanding invoices for tuition or any other fees, or has not returned library books or any other resources that are property of ISR. The School administration will warn the member in writing at least 10 days in advance if any documents are to be withheld. By providing all student documents to a member, ISR confirms that a member is in good standing.
6. If the member has outstanding invoices for tuition or any other fees, the School administration has the right to deny the student’s access to exams.

Early Withdrawal

Families leaving the school before the end of the school year must notify the ISR Admissions Office in writing at least 30 days in advance.​ Tuition must be paid for these 30 days. If the tuition has been paid for the full year or in advance for future periods, the proportional part of advanced payment shall be refunded. For refund calculation the last school day shall be used.

Tuition amount % to be paid by the time of early withdrawal:

Conditions:

The refund does not include the Capital Fee and the Membership Fee, or the 10% Prepayment, which are non-refundable.

1. If for any reason, when a member leaves ISR, they have paid less than the amount owed according to the refund schedule, the member will be asked to pay the remaining amount even though the child will no longer be a student at ISR. No student records will be released until all outstanding payments are settled.
2. 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.
3. In the event of ​force majeure​, which causes a student or students to withdraw from the school or otherwise miss regularly scheduled school days, tuition fees already paid for the school year will not be refunded. ​Force majeure ​is defined as an event such as an act of God, accident, fire, flood, war, riot, civil unrest, act of terrorism, chemical or biological contamination, strikes, industrial disputes, outbreak of epidemic or pandemic of disease, extreme weather, construction/facility defects, cyber-attack, compliance with any law or governmental order, rule, regulation or direction (including that of a local authority), failure of utility service or transportation, that cannot be reasonably anticipated or controlled by the School.