Beijing Chaoyang Kaiwen Academy

CKWA Tuition & Fee Policy

Registration Fee
A non-refundable and non-transferable application fee of RMB 2,000 must be paid by each new applicant as an administrative fee that initiates the application review and admission process.

Deposit
The deposit is RMB 20000, which is a one-time fee charged by the school without interest after the parents decide to accept the admission. The deposit will be used by the school to reserve the place for the student, invest in teaching resources, human resources, and other resources in advance. Only paying the study deposit does not guarantee the admission qualification of the student. Students also need to meet the enrolment conditions and school requirements.

If a student applies for withdrawal before the enrollment registration date, the deposit will be used as compensation for the early investment of the school (including enrolment place, human resources, etc.), which will be directly deducted from the fees paid by the parents.

Books and Materials
An annual fee of RMB2,600 covering student textbooks and related textbook materials is payable and non-refundable.

Tuition

The Tuition is mainly used to afford the costs of providing high-quality education. The school charges different benchmark tuition fees in accordance with the principle of “students moving to the grade level in the same phase of study shall be charged in accordance with the tuition standard at the time of enrollment, and students moving to a higher phase of study shall be charged in accordance with the latest tuition standard notified by the school”.

The tuition of new students and returning students must be paid in full before due date stated on the invoice. The tuition of new students enrolled in the middle of an academic year will be calculated based on the number of the rest school days in the academic year since the date of enrolment, and must be paid in full within the payment period regulated by the school.

Sibling Discount
This discount only applies to the family with two or more siblings attending CKWA at the same time. The child who attends the lowest grade level pays full tuition, while the other child/children enjoy a 20% off the tuition.

Payment Methods and Arrangement

• The school only accepts payment in RMB. The school accepts 1) bank transfer, 2) bankcard payment, and does not accept cash payment.
• All tuition & fees must be paid before the deadline after student receives the invoice from finance department. The school will not guarantee the reservation of the enrolment place if the tuition & fee has not been paid off in time.

Notes: In case of card-swiping payment, the payer shall make the transaction at the finance department in person. Each card payment will be charged with a certain percentage of bank charges, and the charges for each domestic debit card is 0.5% of the total amount payable (capped at 20 RMB); the charges for each domestic credit card is 0.52% of the total accrued payment (with no capping fee); Bank charges will vary according to the bank’s floating standard.

Payment Liability

• Parents or guardians shall bear full responsibility for the timely payment of the tuition and other related fees. If the payer is a third party, parents shall also bear full responsibility for the timely payment of all fees. The signature of parents or guardians on this Agreement shall be deemed as the consent of the parents or the guardians to the school’s fee policy.
• Overdue Payment: A 2% per month late payment fee, compounded monthly, will be accrued on all overdue payments.

Boarding (Optional)

• The boarding fee shall be paid in full before the start of the boarding (for specific payment time, please refer to the notice of the school). Boarding students shall sign the Boarding Management Policy before checking in.