Fee Schedule | Aga Khan Academies

Fee Schedule

Fee schedules for the 2020-2021 academic year.

 Please click here to download the 2020-2021 Academic Year Fee Schedule (PDF format) 

Notes

  1. The above fees are applicable for the Academic year 2020 – 2021 with online classes planned from August to December and thus can change if the campus opens earlier. The fees are reviewed annually. 

    2. The fees for the Academic year 2020 – 2021 have increased by 6%, however, due to the current situation with COVID-19, a rebate equivalent to the increase (6%) will be granted to alleviate the burden on parents during this period. In addition, the fees have been further adjusted for the online learning period.

    3. 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 in the Academy. This cannot be deferred or paid in instalments. The due date is one week after the offer has been accepted.

    4. Also, a one-time Refundable Security Deposit of around 10% of the fees is payable on acceptance of admission and should be paid together with the admission fee mentioned above. As the Security Deposit is different between the PYP, MYP and DP, the differential will be invoiced when the child is transferred from PYP to MYP and from MYP to DP.It is refundable when a student leaves the school 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. 

    5. The residential students will pay the premium for medical insurance separately. This will be arranged by the Academy and the parents will be invoiced when the students are back on Campus. 

    6. The residential students will be also charged for the stipend that will be managed by the Academy. The students will be paid a maximum KES 500 per week to cover any personal expenses. The parents will get the invoice once the student is back on Campus. 

    7. The rates for lunch and transport will be shared later when the in-person classes resume and will be subject to the Academy being able to provide this service to the day students.  

    8. A Sibling Discount of 5% is applicable on Tuition Fees for the second child and subsequent children. However, this will not be applicable on the fees charged for the online learning. 

    9. The tuition fee for the Academic Year 2020 – 2021 is payable in two instalments (for each Semester), no later than 10 August 2020and 20 December 2020. 

    10. The tuition fees paid in full for the whole year will allow the payer to enjoy a discount of 3% if paid before the deadline (10 August 2020). These discounts are applicable on the net amount payable after other discounts have been deducted.

    11. The fees can be paid in US dollars or Kenyan Shillings. The US Dollars fees will be indicated on the invoice using the Central Bank of Kenya’s exchange rate on the invoice date. The Academy, however, reserves the right to change this policy.

    12. The Academy will charge a monthly sur-charge of 3% on the total outstanding dues older than 30 days and 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 the other activities undertaken by the Academy. 

    13. When the in-person classes resume the students may also take field trips including curriculum, bonding and optional trips, for which the parents will be invoiced separately. Information on these field trips will be shared with parents at least one month in advance. 

    14. Exam fees for MYP and Diploma will be billed separately based on actual fees from the International Baccalaureate Organization (IBO).

    15. The MYP and DP students are required to own a personal computer that meets minimum performance standards as most of the assignments as well as the communication between the teachers and the students are computer-based. The system should be loaded with either iOS or Windows, MS Office, Internet browser, and Antivirus.

    16. The Academy does not accept cash for fee payments. All payments must be made by direct bank deposit, bank transfer, or Mpesa even if payment is made by a third party such as a sponsoring organization.  Parents must provide the finance office (mba-bursar@agakhanacademies.org), with a hard or an electronic copy of the proof of payment showing the full name of the student and 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.

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

    18. If a student wishes to leave the Academy, three months’ advance notice of withdrawal must be given in writing and if not done the three months’ fees will be due and payable. School clearance will not be possible until any outstanding dues are settled in full. 

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

    20. The admitted students, who demonstrate financial needs and duly fill in and submit the application with the 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 the students. 

    21. 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 mba-bursar@agakhanacademies.org