Fees & Charges
1. 2023/24 TUITION FEES*
|Nursery Half Day||103,500|
|Nursery Full Day||156,000|
|Year 1 to Year 6||193,500|
2. ANNUAL CAPITAL LEVY OR CAPITAL CERTIFICATE
Shrewsbury International School Hong Kong is incorporated under the Companies Ordinance (Chapter 32) and is a not-for-profit organisation under Section 88 of the Inland Revenue Ordinance. In order to develop and maintain its facilities, all places at the school must be supported by either the payment of an Annual Capital Levy or the purchase of a Capital Certificate.
2.1. ANNUAL CAPITAL LEVY
For each child enrolled at the school a Capital Levy is payable in each academic year. Payment is non-refundable and non-transferable.
Holders of Standard and Premium Certificates are exempt from paying the Capital Levy.
|2023/24 CAPITAL LEVY||HKD|
|Annual Capital Levy (Half Day Nursery)||30,000|
|Annual Capital Levy||50,000|
2.2 CAPITAL CERTIFICATE
The purchase of Capital Certificate is optional, but it does ensure priority for assessment. A Capital Certificate is valid for a period of four years. During the validity period, holders of a Capital Certificate are not required to pay the Annual Capital Levy.
Capital Certificates purchased during the 2023/24 academic year cost:
|2023/24 CAPITAL CERTIFICATE||HKD|
|Standard Capital Certificate||200,000|
|Premium Capital Certificate||300,000|
Capital Certificates do not guarantee admission. All applicants to the school are subject to satisfaction of the School's general admission criteria.
Order of priority for assessment:
1. Premium Certificate Holder
2. Standard Certificate Holder
3. Sibling Applications
4. Children from other Shrewsbury Schools
Certificates are purchased at the time of submission of the application to the school. Where the child does not meet the school’s entry criteria, the face value of the certificate paid will be refunded.
Where the child meets the school’s entry criteria and an offer of a place is accepted, the certificate shall depreciate with time. The refundable values are as follows (for certificate purchased for 2023 Academic and subsequent years):
|TIME FROM THE ACCEPTANCE OF A PLACE AT THE SCHOOL||REFUNDABLE VALUE OF PREMIUM AND STANDARD CERTIFICATES IN HKD|
|On acceptance of place||150,000|
The initial depreciation charge occurs from the moment an offer of a place at the school is formally accepted, subsequent charges being made on confirmation of enrolment for the following year or at each anniversary date (whichever comes first).
The child must commence as agreed with the acceptance letter and continue attending the school for the certificate to remain valid.
Certificates have a maximum validity period of 4 years and provide no exemption from the payment of tuition fees. All certificates are unsecured, non interest-bearing and are not transferable.
The prices of Capital Certificates are reviewed annually.
Payment of the Tuition fees is collected through a process of Direct Debit Authorisation (DDA). Payments are spread over 10 instalments. Parents must ensure that the DDA facility is maintained throughout the academic year. Meal fees are collected three times a year at the beginning of each term alongside Tuition fees for the relevant month.
1. Bank transfer
Any transfer fee must be settled by the parent or company making the payment
Account Name: Shrewsbury International School Limited
Account No.: 025-328-82-56576-8 (Current Account)
Bank Name: SHANGHAI COMMERCIAL BANK LTD
SWIFT code: SCBKHKHH
Bank address: Shanghai Commercial Bank Tower, 12 Queen’s Road Central, Hong Kong
Please send a copy of the transfer receipt, which includes the amount paid and the applicant’s full name to: firstname.lastname@example.org
Made payable to: Shrewsbury International School Limited
Please deliver cheques to: Shrewsbury International School Hong Kong, 10 Shek Kok Road, Tseung Kwan O, Hong Kong
For finance related enquiries, please contact us via email@example.com or on +852 2480 1500.
Shrewsbury International School Hong Kong reserves (at any time and in any manner at its discretion) the right to alter the Annual Capital Levy and Certificate structure along with any associated terms, conditions and rights, and to issue Debentures.