Gyeongnam International Foreign School

South Korea, Sacheon

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Fee Table

All the fees for Gyeongnam International Foreign School

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Annual Fees

Name	Age	Fee	Track	Conditions
Enrollments (one-time fees)	0	3,500,000 KRW	Enrollment	Non-refundable; paid at enrolment
Kindergarten	5	7,000 USD	KG – Grade 5	USD portion of tuition per year
Kindergarten	5	20,900,000 KRW	KG – Grade 5	Includes Curriculum and Development Fee; other annual charges (technology, athletic, yearbook) not included here
Grade 1	6	20,900,000 KRW	KG – Grade 5	Includes Curriculum and Development Fee; other annual charges not included
Grade 1	6	7,000 USD	KG – Grade 5	USD portion of tuition per year
Grade 2	7	20,900,000 KRW	KG – Grade 5	Includes Curriculum and Development Fee; other annual charges not included
Grade 2	7	7,000 USD	KG – Grade 5	USD portion of tuition per year
Grade 3	8	20,900,000 KRW	KG – Grade 5	Includes Curriculum and Development Fee; other annual charges not included
Grade 3	8	7,000 USD	KG – Grade 5	USD portion of tuition per year
Grade 4	9	20,900,000 KRW	KG – Grade 5	Includes Curriculum and Development Fee; other annual charges not included
Grade 4	9	7,000 USD	KG – Grade 5	USD portion of tuition per year
Grade 5	10	7,000 USD	KG – Grade 5	USD portion of tuition per year
Grade 5	10	20,900,000 KRW	KG – Grade 5	Includes Curriculum and Development Fee; other annual charges not included
Grade 6	11	22,500,000 KRW	Grade 6 – Grade 8	Includes Curriculum and Development Fee; other annual charges not included
Grade 6	11	7,000 USD	Grade 6 – Grade 8	USD portion of tuition per year
Grade 7	12	22,500,000 KRW	Grade 6 – Grade 8	Includes Curriculum and Development Fee; other annual charges not included
Grade 7	12	7,000 USD	Grade 6 – Grade 8	USD portion of tuition per year
Grade 8	13	7,000 USD	Grade 6 – Grade 8	USD portion of tuition per year
Grade 8	13	22,500,000 KRW	Grade 6 – Grade 8	Includes Curriculum and Development Fee; other annual charges not included
Grade 9	14	7,000 USD	Grade 9 – Grade 12	USD portion of tuition per year
Grade 9	14	23,500,000 KRW	Grade 9 – Grade 12	Includes Curriculum and Development Fee; other annual charges not included
Grade 10	15	23,500,000 KRW	Grade 9 – Grade 12	Includes Curriculum and Development Fee; other annual charges not included
Grade 10	15	7,000 USD	Grade 9 – Grade 12	USD portion of tuition per year
Grade 11	16	23,500,000 KRW	Grade 9 – Grade 12	Includes Curriculum and Development Fee; other annual charges not included
Grade 11	16	7,000 USD	Grade 9 – Grade 12	USD portion of tuition per year
Grade 12	17	7,000 USD	Grade 9 – Grade 12	USD portion of tuition per year
Grade 12	17	23,500,000 KRW	Grade 9 – Grade 12	Includes Curriculum and Development Fee; other annual charges not included

Application Fees

Name	Fee	Conditions
Application Fee	0 KRW	Included above as enrolment fees

Enrollment Fees

Name	Fee	Conditions
Enrollment Fee	0 KRW	Included above as enrolment fees

Additional Fees

Name	Fee	Conditions
Capital (admission) fee	3,000,000 KRW	One-time; non-refundable
Registration fee	500,000 KRW	One-time; non-refundable

Fee Breakdown

Fees

One-time / Application fees

- Registration fee: KRW 500,000 (one-time, non‑refundable).
- Capital (admission) fee: KRW 3,000,000 (one‑time, non‑refundable).

Mandatory annual fees (applies in addition to tuition)

- Curriculum and Development Fee: KRW 2,900,000 per year (mandatory).
- Note: other smaller annual charges (technology, athletic, yearbook) are listed in school documentation as separate non‑refundable annual items; amounts may vary by year and program.

Tuition fees by year group (annual amounts and currency split)

Gyeongnam International Foreign School charges tuition as a split between a Korean‑won portion and a US‑dollar portion. Annual tuition by school stage is presented below as the standard KRW component plus the USD component: these are the published tuition bands used for fee calculation and billing.

- Kindergarten / Elementary (KG – Grade 5): KRW 18,000,000 plus USD 7,000 per year.
- Middle school (Grade 6 – Grade 8): KRW 19,600,000 plus USD 7,000 per year.
- High school (Grade 9 – Grade 12): KRW 20,600,000 plus USD 7,000 per year.

How tuition can be billed (per term / frequency and surcharges)

- Standard billing options: annual (single payment), semi‑annual (two payments), or quarterly (four payments). A surcharge applies to split payments: a 5% surcharge is normally added for semi‑annual payments and a 10% surcharge is normally added for quarterly payments. A late payment penalty of 5% is applied to outstanding KRW tuition balances after the due date.

- How to interpret per‑term amounts: when a split payment option is used the surcharge is added to the tuition total and then divided by the number of instalments (for example, semi‑annual payments = (tuition × 1.05) ÷ 2; quarterly payments = (tuition × 1.10) ÷ 4). The KRW and USD portions are billed in their respective currencies.

Optional / additional charges (common extras and typical amounts)

- School lunch: published pricing example is KRW 180,000 per month × 10 months = KRW 1,800,000 per year (charged monthly or annually depending on selection).
- School transportation (bus): published examples show route‑dependent annual charges; typical published examples are KRW 2,000,000 per year for local routes (Sacheon/Jinju) and KRW 3,000,000 per year for longer routes (Geoje/Tongyeong). Transportation is billed as an optional service and in some listings is charged per family for the first attending student.
- IB examination fees (where applicable): IB MYP examination fee cited as USD 650 for MYP/Grade 10 assessments; IB Diploma examination fees cited as approximately KRW 1,800,000 for Diploma examinations. These exam fees are charged in addition to tuition for students taking the relevant assessments.
- Textbooks, school uniform, and some extracurricular or activity costs: purchased or charged separately; these items are individual purchases or billed as required and are not typically included within the standard tuition line.

Boarding / residential provision

- Boarding is not listed as a service for Gyeongnam International Foreign School. Fees above reflect a day‑school model; there are no boarding fees published.

Refund policy (key points)

- Registration fee and Capital fee are non‑refundable. Curriculum/technology/athletic/IB programme fees are also listed as non‑refundable annual items. Tuition is generally non‑refundable in the standard published policy; transportation and lunch fees are refundable on a monthly basis (refund of the next month when discontinued). A formal refund/withdrawal form is required by the school as part of the withdrawal/refund process. A late fee policy and surcharges for split payments are part of the payment and refund rules.

Billing schedule and payment terms (practical items)

- Payment frequencies accepted include annual, semi‑annual and quarterly payments; split‑payment surcharges apply (5% semi‑annual, 10% quarterly). A 5% late fee is applied to outstanding KRW balances after the due date. Transportation and lunch fees are often billed monthly and refunded on a monthly basis when discontinued. Parents are required to complete the school's withdrawal/refund statement as part of any refund request.

Accepted payment methods and instruction format

- KRW payments: bank transfer to the school's KRW account at Woori Bank (account details published in school payment instruction documents). USD payments: bank transfer to the school's USD account at Woori Bank; for USD payments the school also accepts personal check or cash in some circumstances. Payment instructions and SWIFT details are published in the school's payment guidance.

Other administrative notes about fees

- Many published fee presentations show the tuition as two components (KRW portion + USD portion) plus the mandatory Curriculum and Development fee; the sum of those components produces the annual total charge per student. Examples of total annual cost presentations combine these pieces to give an overall yearly figure per grade.

- Late payment penalties, surcharges for instalment plans, non‑refundable classification of one‑time and many annual fees, and separate optional service charges (lunch, transport, IB exam fees) are standard elements of the school's fee structure. Parents should plan for the one‑time registration and capital fees at enrolment in addition to the annual tuition and mandatory curriculum/development charge.

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The school at a glance

Instructs in English

Fees ₩31,829,986 - 34,429,986

Ages 5 - 18 years

Pupil numbers 70

Type Co-educational

Opened 2004

Bus Service Yes

Gyeongnam International Foreign School (GIFS) is located in Sacheon, South Korea, in a coastal area on the south-central tip of the country. It is an IB World School offering the IB Primary Years Programme, IB Middle Years Programme and IB Diploma Programme. The campus includes an indoor gym with a climbing wall, an outdoor soccer field and playground, a large auditorium room, a dedicated technology lab, a library, music and art studios and a renovated chemistry lab, as well as an early childhood center. For activities beyond classes, GIFS runs after-school clubs from Kindergarten to Grade 12 and has a Student Council for grades 5–12. The school also uses a House System to organize events and build community across students.

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