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Download - The International School Of Penang

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6. Refund of Entrance Fee<br />

6.1 Only 50% of the entrance fee is refundable in the event that the<br />

child’s period of stay in school is less than one year.<br />

6.2 <strong>The</strong> child’s notice of withdrawal is given to the school as<br />

stipulated in Bye-Law 7.1.<br />

6.3 A ‘period of stay’ is taken as the first day of the school term<br />

(regardless of whether the child is present or not) to the last day<br />

in which the child is scheduled to attend class.<br />

<strong>The</strong>re will be no refund if the child has been with the school for more<br />

than one year.<br />

7. Refund of Depreciated Deposit<br />

7.1 <strong>The</strong> Depreciated Tuition Fee Deposit is only refundable where<br />

the following notice of withdrawal of a child or long-term<br />

absence has been compiled with:<br />

Where a child will be leaving school, prior notice, in writing<br />

giving the date of leaving must be given to the Principal before<br />

the half-term vacation of the preceding term i.e.<br />

(a)<br />

(b)<br />

(c)<br />

Child to be absent all or part of Term 1 (August to<br />

December), notice before half-term vacation (in May) of<br />

previous Term III.<br />

Child to be absent all or part of Term II (January to<br />

April), notice before the half-term vacation (in October) of<br />

previous Term 1.<br />

Child to be absent all or part of Term III (April to July),<br />

notice before the half-term vacation (in February) of<br />

previous Term II.<br />

7.2 No depreciated deposit is refundable if a notice of withdrawal<br />

of child or long-term absence is shorter than that stipulated in<br />

Bye-law 7.1.<br />

SECTION 3<br />

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