Schedule of Fees

1. Application Fee

A non-refundable $50 application fee is required with each new application.

2. Bond

A $1000 Bond is paid by each family attending the school.
One half ($500) is due within two weeks of acceptance
to hold the child's place in class, and is non-refundable
if the child does not enroll. The remainder is due at registration and stays on account
with the school as long as the child is attending.
The entire Bond becomes refundable once the child is enrolled and may be redeemed on
October 31 following the last school year attended.

3. Annual Tuition

Please note that tuition amounts includes textbooks, agenda (grades 3-12) , art supplies, labs, special events, curriculum based class trips, outdoor education, maintenance of upper school laptops and annual dues to some athletic teams and leagues

Note: Foreign students pay an additional $3,000, which includes an ESL program. Any student for whom we arrange a home-stay pays a $200 finders fee.

Payment Options:
a) One cheque for the full amount dated no later than August 15.
b) Two cheques, each for one-half of the total tuition, dated August 15 and January 15.
c) Ten cheques, each one-tenth of the total tuition. Cheques are dated for the 15th of each month, August through May. All cheques must be submitted at registration. A monthly instalment fee of $50 is charged.
d) Automatic Withdrawl on a monthly basis. Please provide a voided cheque.

Note: A sibling discount of 10% will be allowed on a second child's tuition, 15% on a third child and 20% on a fourth or more.

Accounts thirty days or more in arrears will be charged interest at a rate of 1% per month (12% annually): ninety days will result in dismissal.

N.S.F. cheques are subject to a $15 penalty per cheque not including the bank charges.

Withdrawal: Tuition refunds or other reimbursements will not be made for absences. In the event of withdrawal, payment of tuition to cover a period 3 months from the date of written notice of withdrawal is required. If a student is expelled, the Bond and current month's tuition are forfeited.

Donations: As a non-profit charitable organization, the Shambhala School accepts and issues receipts for tax-deductible contributions. (Tuition and fees do not qualify as tax-deductible contributions.)