Tuition and Fees
Tuition Rates and Information
GIS 2023-2024 Tuition Schedule
FAQ Tuition Discount System
FAQ Tuition Discount System (Korean)
Clarification On The Discount System
Guide to Paying Fee
How to View Family Account Statement
Methods of payment
When it comes to paying fees, there are three main ways the school accepts payment. The following is a guide to paying fees, in order that they can quickly be credited to your account.
Although fees can be paid by direct deposit, by check, or in cash, we prefer to receive payment by direct deposit or cheque/check for security reasons. Here are instructions on how to make payments:
Either online or in person at an ATM or Siam Commercial Bank branch, you can transfer funds directly to our account. If you go to an SCB branch, simply fill in a deposit slip with our details. For local transfers, our bank details are:
Bank: Siam Commercial Bank
Account name: Grace International School
Account number: 401-1-69229-2
Branch: Big C Hang Dong Sub Branch
SWIFT Code: SICOTHBK
Bank address: 433/4 Moo 7, A. Muang, Chiang Mai 50000, Thailand
Kindly note that the last two lines are needed only for a transfer from outside Thailand.
** Once you have made your payment, please email the details (amount, date, and what for) to finance@gisthailand.org. This is very important; otherwise we cannot identify your deposit and it will not be credited to your account.
Baht Checks
If you write a check, or get a bank check, please make it payable to Grace International School, and mail or deliver the check to us. If you mail the check, please ensure that you tell us your name and what you are paying for. Ex. “Jane Smith – tuition & cap fee”.
U.S. Dollar Check or EFT
U.S. checks can be mailed to our AdelFi account or processed via electronic funds transfer (EFT) from your U.S. bank.
The current day’s exchange rate (Daily Rate, “Weighted-average Interbank Exchange Rate”) less 0.5 should be
used to account for fluctuations between the time the check is mailed and when it clears. If today’s exchange rate is
31.02, divide the baht due by 30.52 to find the amount to pay in U.S. dollars (Ex.: 50,000 divided by 30.52 = $1,638).
Please use the following information to mail your U.S. dollar check or set up an EFT:
Bank: AdelFi
Account name: Grace International School
Account number: 1356988
Routing number: 3222-7337-9
Bank address:
P.O. Box 1239
Brea, CA 92822-1239
USA
** Once you have made your payment, please email the details (amount, date, and what for) to finance@gisthailand.org. This is very important; otherwise we cannot identify your deposit and it will not be credited to your account.
The finance office now accepts credit card payments (3% will be added to cover the fees associated with this service).
If you choose to bring in cash baht, visit the school and meet with the cashier to make your payment. If you have any questions, please write to the finance office at finance@gisthailand.org
Payment Plans
The tuition for each family will be paid according to one of the following schedules:
1. Annual Plan
Annual tuition is due on or before the first day of school.
2. Semester Plan
The annual tuition shall be divided into 2 equal payments.
First semester tuition is due on or before the first day of school.
Second semester tuition is due on or before the first day of school in January.
3. Quarterly Plan
The annual tuition shall be divided into four (4) equal payments.
First quarter tuition is due on or before the beginning of the first day of school.
Second quarter tuition is due on or before the beginning of second quarter.
Third quarter tuition is due on or before the beginning of third quarter.
Fourth quarter tuition is due on or before the beginning of fourth quarter.
*Regardless of the tuition payment plan selected, the Re-enrollment fee is due by January 31st with a Student Application for Re-Admission form to apply for your child’s place for the following school year. Also, the Capitalization Fee is due at the beginning of the school year.
Multiple Child Discount
Tuition is assessed at the full applicable rate for the first three children enrolled. Each additional sibling will received a 20% discount on tuition only.
Student Visa
To obtain a student visa, the capitalization fee and tuition must be paid in full for the entire year.
Late Fees
Accounts will be automatically assessed 1.5% interest per month (prorated by day) on all past-due tuition and fees according to the payment schedule on the invoice. If there is a problem meeting payment deadlines, please contact the chief financial officer (CFO) at finance@gisthailand.org before the due date to discuss the situation and sign a formal Late Payment Agreement.
Delinquent Accounts
The CFO will request parents with overdue accounts to negotiate suitable payment arrangements so that their children can continue attending school. Unless suitable payment arrangements are made with the chief financial officer, a 1% penalty on the past due amount may be assessed. This penalty will continue to be assessed each month until the account is brought up to date.
Refunds
Only tuition fees are refundable. Other school fees are non-refundable. Attendance during any part of a quarter requires payment for the entire quarter. It is the responsibility of the parents to apply for a tuition refund at the Registrar’s Office. Refunds of tuition fees that are not claimed within three (3) months of withdrawal from Grace International School are no longer refundable and become the property of the school.