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Fee Payment Schedule
For Academic Year 2009-2010

On Application (new students only):
$2,500

On Acceptance (and annually thereafter):
Capital Levy: $12,500
Scholarship Fee: $0 (Please note the school waives the scholarship fee this year)

Transition Fund (one time fee for all families):
One child: $20,000
Two children: $30,000
Three children: $40,000

*Please note these fees are due on April 15th to secure a school place for the 2009 - 2010 school year.

Middle / High School Technology Tuition Fee
(for Middle School / High School students only):
$5,400

Tuition Fees:
The fee for the first semester is due on the 1st June 2009, and the second semester is due on the 1st of December 2009. The school will be seeking Education Department authorization for a fee increase. Amounts and terms of fees are subject to Education Department's approval.

**The school will be seeking Education Department authorization for a fee increase. Amounts and terms of fees are subject to Education Department's approval.

All fees are quoted in Hong Kong dollars.
Please make cheque(s) payable to: Hong Kong Academy

The school requires TWO full calendar month’s written notice of withdrawal or TWO full calendar month’s tuition in lieu of such notice.

Notes on Fees:

Application fee – The application fee is non-refundable upon payment. Paid on application for a place in the school.

Capital levy – The capital levy is used to pay for capital improvements such as equipment purchase, enhancements to the school environment and facilities. This is an annual fee and non-refundable upon payment. For new students this fee must be paid on acceptance to secure a place for the academic year. This fee is payable in full amount regardless of date of admission. For returning students this must be paid by 15 April of each year to secure a school place for the following year.

Scholarship fee – The scholarship fees will be used to subsidize tuition for low-income families who meet the criteria to receive the scholarship. This is an annual fee and non-refundable upon payment. For new students this fee must be paid on acceptance to secure a place for the academic year. This fee is payable in full amount regardless of date of admission. For returning students this must be paid by 15 April of each year to secure a school place for the following year.

Transition Fund fee – This is a one-time and non-refundable fee for all entering students. This fee is payable in full amount regardless of date of admission. The Fund will be used to finance the moving and refurbishing expenses to a new school site. This fee must be paid to secure a place.

Middle School / High School Technology tuition fee – This fee is for Middle School / High School Students (Grade 6 to Grade 10) only and must be paid by 1 June of each year. The fee is part of the F2 Laptop Program. Each Middle School /High School student will have their own Apple laptop computer to take home and use in class. The fee will pay for the insurance, hardware maintenance and the capital cost for replacing the units when needed. This is an annual fee and non-refundable upon payment. This fee is payable in full amount regardless of date of admission.

Tuition fees – This fees include books and learning materials but exclude costs of class trips, student activities, uniforms, school bus etc. which will be charged separately. Students in G3 to G10 will be involved in extended overnight field trips which are an integral part of the curriculum. The cost for school year 2008-09 ranged from $2,370 for Grade 3 to $9,300 for Grade 9. The tuition fees are payable on or before due dates. If tuition fees are not paid by the due date, students may not be eligible to start.

Conditions of payments – Payments for any fees are made by cheque. Cheques should be crossed and made payable to “Hong Kong Academy” and mailed directly to the school’s address or hand delivered to our school’s office.
If payments are settled by telegraphic transfer, the remitter must pay for any charges incurred by their bank and the beneficiary bank so that the fees are received in full. The parents should then send or fax the remittance slip/deposit slip to our school's office for an immediate record update.
Overdue interest of 2% per month will be charged against outstanding amount of invoice FOURTEEN (14) days from the invoice due date.
If any incoming payment cheque bounces and is rejected when deposited to our school’s bank account, a bank and administrative fee of $200 will be charged for each transaction.
No school report or other documentation from the school will be forwarded to parents if there are outstanding payments due.

Withdrawel and refund - The school requires two full calendar months written notice of withdrawal or two full calendar months tuition in lieu of such notice. No other fees such as class trips, after school activities, uniforms etc. will be refunded.

School bus - The school bus service is provided independently by Castle Brothers Ltd. The school bus registration form for each school year is available from the school's office after April/May. The completed form and the bus fees should be sent to Castle Brothers Ltd directly. For any details including cancellation and refund arrangements, parents should directly contact Mr. Robert Mu at 9032-7434.