Tuition Information for 2017/18
Families may select one of several options for school fee payment:
- Payment in lump sum at the start of the school year (a 2% discount is awarded for this option).
- Payment in three (3) equal installments, one for each trimester (tuition period), no later than the 10th day following the start of the tuition period.
- Monthly payments may be made from August through May (a 5% fee applies to this option).
Cheques should be written to ISS (Cayman) Ltd. If you have an account with Bank of Butterfield, payments may be made directly to the ISS (Cayman) Ltd. account, or payment can be wired (Click here for wire transfer and wire account details).
All fees can be paid in U.S. dollars or in Cayman Islands Dollars. Fees for the 2017-18 School Year are:
Tuition Discount for Siblings:
- Full tuition for the first child is based upon the child in the highest grade level.
- A 10% reduction is provided for the second child.
- A 15% reduction is provided for the third child and subsequent children.
Payment of Incidental Fees & Tuition
School fees not paid by the designated due dates will attract late payment administrative charges. Students with outstanding accounts may have their school attendance privilege revoked by the school administration until such time their accounts are settled. Students who have had their attendance privileges revoked will be re-classified as new enrollees and must apply for re-admission to the school. In addition, students with outstanding accounts at the end of a tuition period will not be allowed to enroll for a subsequent tuition period at Cayman International School. The late payment administrative charges are as follows:
Payment of Incidental Fees
Statements for afterschool care, uniform hats, clubs, etc. are sent home at the end of each month. Payment of these incidental charges is expected by the 15th of the next month. A late payment administrative charge of CI $20 will be applied to the account of the paying parent if payment is not received within this period.
Payment of Tuition Fees
On the 10th day following the due date of outstanding tuition fees, a late payment administrative charge of CI $200 will be automatically added to outstanding tuition fees. On the 20th day following the due date of any outstanding fees and late payment administration charges, CIS will put a hold on report cards, transcripts, and other school records. A notice will be sent home informing the parents that if payment is not received by the 20th day that the student will not be permitted to attend class.
If payment of any outstanding fees and late payment administrative charges is unpaid for 30 days, the school may refer the matter over to the school’s legal council to pursue collection. All costs related to this (including all legal fees and disbursements whether or not a legal proceeding is commenced) will become the responsibility of the family, and will be added to their bill. In the event that CIS deems, in its sole discretion, to engage attorneys to
pursue the collection of unpaid fees and late payment charges, the paying parent of parents shall pay the fees and disbursements incurred by CIS on an indemnity basis.
In addition, in any situation where a late payment has exceeded 30 days, it will be up to the discretion of the school administration as to whether or not the student will be readmitted to the school following the receipt of the overdue payment.
If any payment remains due at the end of a tuition period or upon withdrawal from the school, no transcripts, transfers, or other records will be released until full payment, including late payment administrative charges are received.
The paying parents agree that the invoices for all fees and charges may be delivered by email, mail, or delivery with students.
Refund of Fees
The tuition for the Cayman International School is an annual tuition, with payments made three (3) times per year on dates determined by CIS. Parents or guardians of students who leave the school before the end of the school year are, without exception, responsible for the payment for the tuition period in which the child is enrolled and any other pertaining school fees. Tuition and registration payments are refunded in accordance with CIS Board policy, as described in the CIS Policy Manual and the CIS Student-Parent Handbook. If a student is withdrawn from the school prior to the end of a school term, refunds will be prorated over the remaining number of teaching days in the trimester (tuition period). Should a student withdraw during the first trimester the CI$1000 re-enrollment fee will not be included in the prorated refund of tuition paid. Refunds will not be given in the event the school is closed due to catastrophic events and/or any circumstances resulting in interruption of business. Should such an event occur, the school reserves the right to retain 100% of tuition invoiced and/or paid as of the date of such event. No refund of school application fees or charges in part or in whole shall be granted except in the case where admission is not granted to the Cayman International School. Delinquent balances are subject to Administrative Late Charges, as described in the Policy Manual and Student-Parent Handbook.
On receipt of a letter giving notice, a "Notice of Withdrawal Form," will be issued to the parents or guardians of the student. Please return this form to the main office. Students will be asked to return all textbooks and materials to their teacher, who will then sign the form. Once the teachers have signed the form it should be returned to the school office. All personal items can be collected on the last day of school for any child once the above procedure has been completed. All outstanding dues on fees and any lost or damaged material will need to be paid before the student's school records are released. We would appreciate at least two weeks’ notice of withdrawal to ensure the preparation of transfer documentation.
Please note that tuition fees are reviewed annually and may change from one year to the next.