Fee Policy
Please Contact the Admissions officer for further details
Office Ph No: 080-22895909 / 917 / 918
SCHOOL FEE POLICY (Academic Year 2010 - 2011)
1. The School Fee is applicable for the academic year August to June.
2. At the time of admission, the student is required to pay the Registration Fee, Admission Fee & Refundable Security deposit.
3. The Annual fee and other fees have to be paid two months prior to commencement of school.
Fees are inclusive of :
4. Stationery, boarding & lodging, routine in school medical care, accident insurance, laundry & transport expenses for school visits within Bangalore for school events.
Variable Expenses:
5. Other Costs (Field trips, Uniforms, Pocket Money & Books) only approximate the actual amount spent and actual cost will be intimated to the parents. Shortfalls / excesses will be recovered / reimbursed at the end of the academic year.
Transportation Fee:
6. Day scholar and weekly boarder students who opt for transportation are required to pay 'Transportation Fee', as prescribed from time to time increase undue in fuel prices will be recovered from students as and when such increase occurs.
Options for paying fee:
7. Option one : Payment of fee in full, at one time.
8. Option two : Payment of Annual fee in two installments. Students opting to pay Annual fee in two installments will have to pay an additional Rs.10,000.
9. The second installment of the annual fee will be 50% of annual fee payable on or before 30th November. All other applicable fees will have to be paid along with the first installment.
10. Fees are accepted in DD/cheque favouring 'Indus International School' payable at Bangalore.
11. All fees are payable in INR. Payments made in other acceptable currency (US dollars, UK pounds or Euro) will be converted to INR at rates prevailing on the day of payment of fees. Shortfall due to currency variation will be recoverable from the student.
12. Fees are also accepted by Credit Card (Only Visa & Master cards) with additional credit card charges of 2.1% on total fee payable.
Late Fee:
13. In the event of late deposit of fees the following surcharge shall be charged on the annual fee:
14. No student, whose fee remains unpaid in full or in part will be allowed to take a board examination, and until the outstanding fee is received, no internal examination results, reports, Transfer Certificates or recommendations to future schools/colleges will be issued to the student or parent.
15. If the fee is not paid even after 3 fotnightly reminders, the child's name shall be struck off the school's records and all dues shall be forfeited from the security deposit to the extent possible. For the balance, if any, the school shall resort to the legal process.
Conversions:
16. Students converting from Boarding to Day boarding should do so at the end of a semester. Students converting from Boarding to Day boarding in the middle of the semister shall have to pay boarding fee for the full semester. Weekly boarders staying back on week days will be charged separately.
Refund / Withdrawals:
17. Students wishing to withdraw from school, should give at least one semester's notice (Aug-Dec/Jan-June)
18. In case of withdrawal, fees pertaining to the semester falling in the notice period shall be payable by the student.
19. In case of withdrawal without notice, the same shall be realised from the security deposit of the paid by the student at the time of admission.
20. Registration and Admission fees are non-refundable.
21. All refund amounts will be paid after obtaining a clearance certificate and after one month from the last day of attendance at school by the student.
Migration Of Students within Indus Schools:
22. Registration and Admission fees must be paid when students transfer from one Indus School to another.
23. Student's account will be closed and the balance will be refunded in their respective schools.
24. There will be a reduction of 10% in the annual fees if the student moves at the middle of an academic session.
25. There will be a reduction of 15% in the annual fees if the student moves in the completion of academic session.
Security Deposit:
26. The deposit does not yield interest and is refundable upon the student passing out/leaving the school.
27. Any unpaid dues of the student shall be recovered from his/her security deposit.
28. The security deposit shall be refunded within 60 days of withdrawal/passing out of the student after adjusting unpaid dues, if any.
Bank Charges:
29. All Bank Charges pertaining to inward remittance of school fee, if any, shall be debited to the student's account.
30. In the event of cheque /draft return, a sum of Rs.1000.00 besides bank charges shall be debited to the student's account.
31. If the dishonored cheque amount is not made good within 2 working days, the matter may taken up by the legal department.
Disclaimer : Indus International School, Bangalore, has put in place policies & regulations necessary for effective functioning of the School. The School reserves the right to amend its policies and fee structure whenever, considered necessary & appropriate