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