For Tuition and School Fees
PAYMENT INSTRUCTION – KOREAN WON
Account Name : Gyeongnam International Foreign School (GIFS)
Account Number : 1005-901-370860
Bank Name : WOORI BANK ( Sacheon Branch)
Bank Address : #31, Oksan-ro, Sacheon-eup, Sacheon City, Gyeongnam, Korea 52519
Telephone : (82-55) 852-6338
SWIFT Code : HVBKKRSE
PAYMENT INSTRUCTION – US DOLLAR
Account Name : Gyeongnam International Foreign School (GIFS)
Account Number : 1081-400-431103
Bank Name : WOORI BANK ( Sacheon Branch)
Bank Address : #31, Oksan-ro, Sacheon-eup, Sacheon City, Gyeongnam, Korea 52519
Telephone : (82-55) 852-6338
SWIFT Code : HVBKKRSE
* For US Dollar payment, either Personal check or cash is also available besides bank transfer.
For Boarding School Fees
PAYMENT INSTRUCTION – KOREAN WON
Account Name : Gyeongnam International Foreign School (GIFS)
Account Number : 1005-403-142711
Bank Name : WOORI BANK ( Sacheon Branch)
Bank Address : #31, Oksan-ro, Sacheon-eup, Sacheon City, Gyeongnam, Korea 52519
Telephone : (82-55) 852-6338
SWIFT Code : HVBKKRSE
POLICY ON REFUNDS OF PAYMENTS
Please fill out GIFS form 101, Statement of Understanding on Withdrawal/Refund Policy and return with your completed application.
Any other payment arrangements must be coordinated with the school. Normally a 10% surcharge will be added for quarterly payments and 5% for semi-annual payments. A late fee of 5% for the Korean won tuition fee will be assessed on any outstanding balance remaining after the close of business on the due date—this includes any outstanding tuition fees.
No boarding school related refunds will be provided to students who move within a 50km radius of GIFS during the academic year.
ITEM | FREQUENCY | REFUND | REMARKS |
Registration Fee | One Time | Non-Refundable | |
Capital Fee | One Time | Non-Refundable | |
Technology Fee | Yearly | Non-Refundable | |
Curriculum Fee | Yearly | Non-Refundable | |
Athletic Fee | Yearly | Non-Refundable | |
IB Diploma Programme Fee | Yearly | Non-Refundable | |
School Tuition (US$) | Yearly | Non-Refundable | |
School Tuition | Yearly | Half the Tuition | Withdraw before Jan 1, 2017 |
School Tuition | Semi-Annually | Non-Refundable | |
School Tuition | Quarterly | Non-Refundable | |
School Transportation | Yearly | Monthly | Refund of the next month |
School Lunches | Yearly | Monthly | Refund of the next month |
Boarding Fee | Yearly | 50% refund | 1 week prior to academic year |
Boarding Fee | Yearly | 50% refund | Anytime in Semester 1 |
Boarding Fee | Yearly | 0% refund | Anytime in Semester 2 |
Student Expense Account Fee | Semi-Annually | 100% refund |