3.00 FISCAL MANAGEMENT

3.20 Income From Tuition and Fees

3.302 Tuition Payment and Schedules

3.3024 Tuition Levels

3.30243 Proportional Fees Payment

Introduction

NIS admits students at any point of the academic year. It is therefore fitting to charge fees in proportion to the remaining time in any semester.

Stipulations

• Students admitted to NIS within the first 40 teaching days of a semester shall be billed at full tuition rates for the semester of entry.
• Students admitted to NIS between the first 41 and 70 teaching days of a semester shall be billed at 50% tuition rates for the semester of entry.
• Students admitted on or after the 71 st teaching day of a semester shall be billed at 25% tuition for the semester of entry.
• In the case of special circumstances, a written appeal for exception to this policy may be made in writing to the NIS Director, who will consider it in consultation with the NIS Treasurer. Such requests must be made 20 school days before the planned admission.

Date Approved: 5th June 2001

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