Fee Schedule | Aga Khan Academies

Fee Schedule

Fee Schedule for the academic year 2020-2021

Please click here to download the 2020-2021 Academic Year Fee Schedule

 

Notes

1      A one-time Non-Refundable Admission Fee is payable for students enrolling for the first time. The Admission Fee must be paid to secure the place for a child at the Academy. This cannot be deferred or paid in instalments. The due date is one week after the offer has been accepted.

2      A one-time Refundable Security Deposit is also payable on acceptance of admission and should be paid together with the Admission Fee mentioned above. It is refundable when a student leaves the Academy as long as the required notice has been given in writing and “No Dues” clearance is obtained from the Academy. No interest is payable on this deposit.

3        Grade 1 and 2 students will have an option to pay the Refundable Security Deposit in two instalments. First instalments of ₹75,000 when they enter Grade 3/4 and second instalment when they enter Grade 5/6.

4      A Sibling Discount on tuition fee of 5% will be applicable for second and subsequent children.

5      Tuition fee for the academic year may be paid in full with an early-payment discount of 3% on or before 31 July. This discount is applicable on the net amount payable after other discounts have been deducted.

6      Tuition fee is payable in two equal instalments, no later than 31 July and 15 December of each academic year. For DP2 (Grade 12) students the due date for the second instalment is 15 November.

7      For new admissions to an academic year the tuition fees must be paid within 30 days of admission to secure a place at the Academy.

8      The Academy will charge a monthly sur-charge of 2% on the total outstanding dues older than 30 days. In case the fees are not paid within one month’s period following the deadline, the student will not be allowed to attend classes or participate in other activities undertaken by the Academy.

9      Tuition fees include course fees, use of essential course books, library books, IT and science laboratory equipment and certain classroom supplies. The fees do not include uniform costs.

10   Exam fees for IB Middle Years Programme and the Diploma Programme will be billed separately based on the actual fee issued by the International Baccalaureate Organization (IBO).

11   Parents of returning students will be invoiced four to six weeks prior to the new academic year.

12   The Academy no longer accepts cash for fee payments. All payments must be made by direct bank deposit, bank transfer, cheque or demand draft even if the payment is being made by a third party such as a sponsoring organization.  Parents must provide the finance office (finance@agakhanacademies.org), with a hard or an electronic copy of proof of payment showing the full name of the student and the student identification number within 15 days of fund transfer for issuance of payment receipt. Absence of this information may delay crediting the fees reflected on your account in our system.

13   Parents are responsible for ensuring that the fee payments are made into the correct bank account of the Academy. In the unlikely event of any change in bank account details, the changes will be communicated to parents in writing via a hand delivered letter from the Academy.

14     If a student wishes to leave the Academy, one term’s advance notice of withdrawal must be given in writing or one term’s worth of the annual fees will be due and payable. School clearance will not be possible until all outstanding dues are settled in full.

15   The Academy reserves the right to withhold results, school certificates, transcripts or any other information and/or documents until all outstanding dues are settled in full.

16   Admitted students, who demonstrate financial need and duly fill in and submit the application along with required supporting documents within the stipulated time, can be considered for financial aid. An independent financial aid committee is responsible for reviewing and approving any request for financial aid by students.

17   The above terms and conditions may be modified or new terms may apply to reflect changes in the law or our services. For further information, please contact us at admissions.hyderabad@agakhanacademies.org.

18    Please note that fee schedule is subject to annual review.