Common use of FIXED FEE SCHEDULE Clause in Contracts

FIXED FEE SCHEDULE. All amounts are quoted in Singapore dollars and include the prevailing rate of 9% GST. Amounts may be adjusted in the event of any change in GST by governing authorities. Deadline March 15 Due July 15 Semester 1 Fees due July 15 Semester 2 Fees due November 30 Administrative Fee for Late Payments Received after Due Date Early Childhood (K4/K5) S$2,030** $0 S$28,146 S$30,176 S$14,073 S$14,073 $350 Elementary School (Grades 1-5) S$31,940 S$33,970 S$15,970 S$15,970 Middle School (Grades 6-8) S$36,392 S$38,422 S$18,196 S$18,196 High School (Grades 9-12) S$40,730 S$42,760 S$20,365 S$20,365 Due at time of Application Due on Invoice Due Date, which is the earlier of 30 days or first day of attendance Semester 1 Fees due the earlier of July 15 or first day of attendance Semester 2 Fees due the earlier of November 30 or the first day of attendance Administrative Fee for Late Payments Received after Due Date Early Childhood (K4/K5) S$3,500 $1,500 S$28,146 S$33,096 S$14,073 S$14,073 $350 Elementary School (Grades 1-5) S$31,940 S$36,890 S$15,970 S$15,970 Middle School (Grades 6-8) S$36,392 S$41,342 S$18,196 S$18,196 High School (Grades 9-12) S$40,730 S$45,680 S$20,365 S$20,365 *Tuition Fees (“Course Fees”) for new students enrolling after school starts are prorated according to the Prorating of Fees schedule below. **A $500 discount is available on the Reenrollment fee for the 3rd and subsequent children. Level 1 S$1,540 S$2,880 Level 2 S$2,880 S$5,760 Level 3 S$5,760 S$7,920 The application, (re)enrollment, and facility fees are not prorated, regardless of the enrollment date. Fees eligible for proration based on late enrollment are according to the following schedule: Enrollment Within School Year From 1st Day of 1st Semester through October 15th From October 16th through the end of 1st Semester From 1st Day of 2nd Semester through March 30th From March 31st through the end of 2nd Semester Annual Tuition Fee (tuition) 100% 75% 50% 25% A fee of $3,500 is required for consideration of each application and is not a guarantee of admission or enrollment. The application fee is only valid for the school year of application; it cannot be transferred to a subsequent school year. Application Fees paid for a student cannot under any circumstances be transferred or applied to another student’s account. The reenrollment fee is paid annually by all students as a means of securing their place in class for the following school year and is nonrefundable and not transferable to another student. Each February, students eligible for automatic re-enrollment (“auto-enroll”) will be sent a re-enrollment contract and invoice for the following school year. Eligibility for auto-enroll is managed by the Principals, Admissions, and Business office, and is based on students meeting financial, educational, and emotional criteria. Students not eligible for auto-enroll will be contacted directly. Reenrollment fees not received by March 15, will result in the student being automatically withdrawn for the following school year. After March 15, withdrawn students must reapply (and pay the application fee) to secure a space for the following year. Also known as Course Fee, this is payment for the course that the student is enrolled in (Kindergarten, Elementary, Middle, or High School). The Tuition Fee is the only fee eligible for the Installment Program.