Admissions » Tuition and Fees

Tuition and Fees

Administration Fee (non-refundable)
A $250 non-refundable administration fee is required upon initial registration. Only payment of the first tuition instalment secures a place for the next academic year.
 
Development Fee (non-refundable and due on admission)
A non-refundable $2,000 development fee is required per each successful admission or re-admission with an absence of five years.

 

Guidelines regarding payment of fees
All tuition fees are due by the published dates unless other arrangements have the written approval of the Headmaster. Fees for temporary enrolment are payable in advance. Following the due date the school charges an administrative fee of $50 and a late fee currently set at 1.5% of the outstanding balance per month. Where fees remain unpaid after 30 days further attendance of students shall be denied unless their continued attendance has specific board approval. Reports and school records will be withheld pending full payment on any outstanding accounts. Uniform costs are borne by parents but all school and library books are provided at no additional charge. Field trips, external examinations, damaged, lost or overdue books and repairs to/replacement of school issued laptop computers are not included in the tuition.  Any external examinations sat in Year 9 through Year 13 are the responsibility of the parents.

 

Discounts & Payments
LIS provides a family discount when there are three or more siblings simultaneously enrolled at LIS. The discount is given to the child with the lowest fees and is calculated as 10% on the third, 20% on the fourth and 30% on the fifth and any subsequent siblings. Students in receipt of the sibling discount are not eligible for any other discount.

 

A 5% discount will be allowed for annual fees (see 'Tuition Payment Plan 1') paid in full by June 1st, 2017 for the academic year 2017-2018.

 

Instalments should be made payable to Lucaya International School account number 200-497-594 at FirstCaribbean International Bank; please present a receipt of payment to the school office. Cheques will be accepted at the school office but under no circumstances will cash be accepted. Online payment arrangements for FirstCaribbean International Bank account holders can be made upon request. Please add 1% for payments in US$. Any refunds will be payable in B$. Please contact the Finance office at (242) 373-4004 for overseas wire transfer information.

Tuition Payment Plan 1

Annual payment in advance (inclusive of 5% discount).

YEAR LEVEL ANNUAL FEE
Pre-K $  6,156
Kindergarten $  8,028
Year 1 – 4 $  9,268
Year 5 – 6 $  9,415
Year 7 – 9 $11,994
Year 10 –11 $14,151
IB1 and IB2 $14,431
Full Payments due by 1st June or at initial enrolment.  

 

Tuition Payment Plan 2

Payment in five equal installments.
 
YEAR LEVEL FIVE EQUAL INSTALMENTS OF ANNUAL FEE
Pre-K $1,296 $  6,480
Kindergarten $1,690 $  8,450
Year 1 – 4 $1,951 $  9,755
Year 5 – 6 $1,982 $  9,910
Year 7 - 9 $2,525 $12,625
Year 10 –11 $2,979 $14,895
IB1 and IB2 $3,038 $15,190
 

Payment Dates for 2017-2018

INSTALMENT NUMBER PAYMENT DATE
1 By 1st June 2017
2      1st September 2017
3      1st November 2017
4      1st February 2018
5      1st April 2018

י Refunds for tuition can be made in accordance with LIS policy 3.3.4. in unavoidable circumstances. These circumstances include non-renewal of work permits, family emergencies or contract termination that necessitates permanent family departure from Grand Bahama but specifically exclude removal to another school on the island, homeschooling or temporary absences overseas.