2.17 Tuition, Fees, and Refunds
The majority of the school’s operating budget is generated by tuition. The Board, upon recommendation of the Finance and Audit Committee and the Head of School, sets all fees annually. Tuition and fees are adjusted and announced each March at the time of issuance of re-enrollment contracts.
Tuition and fees:
- Tuition
Tuition, registration fee and building levy are billed on a family basis and must be paid on an annual basis (all school tuition from the start date until the end of the academic year) by July 1. Late payment can be authorized only by the Head of School or his/her designee. A student may not remain in school if full tuition payments are not received within 45 days of their due date, unless approved by the Head of School or his/her designee.
- Registration
For new students, the Board will establish a one-time registration fee annually. This is a per student assessment in addition to tuition. Registration documents must be accompanied by a photocopy of the student’s Israeli Identification Card or passport showing name, picture, date of birth, and, if possible, date of entry into Israel. These photocopies are submitted to the Israel Ministry of Education as part of WBAIS’ annual subsidy request.
- Building Levy
A building levy is charged annually in order to replenish the school's building fund.
- Deposit
A deposit in an amount to be determined annually by the Board is required with each new application and re-registration. This will be deducted from tuition.
Payment methods and penalties:
- Payment: Tuition and fees may be paid in full by bank transfer, check, or credit card by July 1.
- Installment payments: Alternate tuition payment plans that are requested and arranged prior to July 1 must be approved by the Head of School.
- Notwithstanding payment plans that have been approved, tuition payments made after October 1 shall carry a $1,000 late payment penalty.
- All checks must be in US Dollars or New Israeli Shekels linked to the dollar exchange rate on the date of the payment. Adjustments for the final payment will be calculated by the Business Office based on the rate at the date of the payment.
- No official records will be issued if any fees remain outstanding.
- No individual may enroll the following year without having paid full fees from the previous year.
Refunds:
No refunds or credits will be given for the year for which there is any fractional attendance by a student who is withdrawn for any reason. This includes not only tuition, but also building levy, registration fee, and bus fee. Other specifics include the following:
- If a student has been registered and does not enter school at all, the deposit will be refunded, less an amount to be determined annually by the Board.
- Late arrivals: Students enrolling late may be charged at a daily rate prorated for the days attended.
- Financial Assistance: Financial assistance is available annually for a limited number of applicants according to the guideline in the Financial Assistance policy.
Exceptions to the refund policy may be reviewed by the Head of School; however in no case will the building levy, bus fees, or registration fees be refunded.
Tuition Reduction for Multiple Children:
WBAIS does not offer tuition discounts for families with multiple children.
Funds Received by the School:
Fees are paid directly into the School's bank accounts. Checks received by the School are receipted and banked the following business day.
An official receipt must be issued for all monies received.