Payment Options
For more information about the down-payment support, please view the Tuition Down-Payments page.
Payment Options
- by direct debit (no fees, preferred)
- by check (no fees)
- online by credit card (3% [processing fees are passed on])
Installment Options (see below or at Tuition Terms)
The annual materials & books contribution is currently set at $75.
The registration fee for new students and for returning students re-enrolled after May 15 is currently $85.
The down-payment, the annual materials & books contribution and the registration fee must be paid at the time of registration to finalize reservation of a spot for the upcoming school year.
Payments towards the annual tuition can be made in 1, 2, or 4 installments (except for adult classes that have to be paid in a maximum of two installments - Sept 9, 2024 and January 15, 2025).
Payment in a single installment does not carry any finance charge. The finance charge takes the increased administrative workload for installments and inflation into account.
IMPORTANT:
Please fill out the Family Information Update and Preferences Form where you can select your preferred installment option for the remainder of the tuition.
Important: Start-Up Tuition = A down-payment of $180 as well as registration fees and annual materials & books contribution are due at registration to finalize the enrollment. The percentages below refer to:
Annual Total Tuition - payments received before the start of the school year = Remainder Tuition
(Annual Tuition = tuition plus materials & books contribution [plus registration fee if applicable] ).
For tuition amounts, please refer to the Tuition page.
| if you chose 1 Installment your due date is | if you chose 2 Installments* your due dates are | if you chose 3 Installments* your due dates are | if you chose 4 Installments* your due dates are |
| Sept 7, 2024 100% of remainder tuition amount = no finance charge | Sept 7, 2024 50% of remainder tuition amount + 2% finance charge | Sept 7, 2024 33% of remainder tuition amount + 2.5% finance charge | Sept 7, 2024 25% of remainder tuition amount + 3% finance charge |
| Nov 15, 2024 50% of remainder tuition amount + 2% finance charge | Nov 15, 2024 33% of remainder tuition amount + 2.5% finance charge | Nov 15, 2024 25% of remainder tuition amount + 3% finance charge | |
| Jan 15, 2025 34% of remainder tuition amount + 2.5% finance charge | Jan 15, 2025 25% of remainder tuition amount + 3% finance charge | ||
| March 15, 2025 25% of remainder tuition amount + 3% finance charge |
The finance charge is calculated on the basis of the annual tuition per student and is designed to partially offset inflation and the added administrative cost.
* All programmed (future/remaining) installment payments (direct debits and checks, including those that are pre-dated for subsequent installment dates) have to be submitted on or before September 7, 2024.
Payments that are more than two weeks late carry an additional $25 late fee per month. A payment is considered late if less than the respective amount of the 4-installment option is received more than one week after the respectively indicated due date.
Why this format? Minimizing the number of transactions minimizes admin workload and headcount, which in turn allows to keep the annual tuition as low as possible.
NB: Admin fees are per transaction (e.g. per check or card payment), not per student.