Tuition and Fees - International School of Tanganyika

Tuition For The 2023 - 2024 School Year

Annual Tuition Fees (2023-2024 S.Y)
Grades	Tanzanian Shillings (Millions)	USD($)
Early Childhood 1-2	42.59	16,700
Kindergarten - Grade 5	62.22	24,400
Grade 6 - 8	72.42	28,400
Grade 9 - 10	76.76	30,100
Grade 11 & 12 (IBDP 1&2)	88.23	34,600
Subject to change depending on exchange rate. Current exchange rate = 1$USD = 2,550 TZS IST reserves the right to change exchange rates from time to time depending on the market conditions Should you wish to pay in TZS, kindly contact the Billing department for banking information and exchange rate ruling on the date of payment on the following e-mail address: fees@istafrica.com Or telephone nos. +255 684 228882; +255 684 228883; +255 22 2152350 (Extension 237 or 239) Parents are encouraged to pay in equivalent TZS

annual tuition fee

An Annual Tuition Fee shall be paid for each student for each year enrolled at the School. Tuition Fees vary with grade levels as shown in the table above. The Tuition Fee covers operating costs, including overheads, salaries and educational materials, workbooks, the use of textbooks and some extra-curricular activities. It does not include certain items required for personal student usage, such as uniforms, transportation to and from school, lunch and personal school supplies

Late admissions

New students entering after the School Year has commenced will be invoiced on a pro rata termly basis. Fees shall be invoiced fully for the whole term if students begin classes during the first four weeks of the term. From week five onwards, half of the term’s fees shall apply.

When a student is not attending at the beginning of the School Year or the beginning of a term despite being enrolled, his or her seat can only be reserved if the student’s Annual Tuition Fee has been paid for the concerning term. A seat can only be held for the school year under review. The seat held is neither transferable to another student nor automatically rolled over to the next School Year.

Early Withdrawals

Other Fees In Addition To Annual Tuition - Excluding Interest

	TZS in Millions	US$
New Student
Annual Capital Fee	3.06	1,200
Annual Tuition Deposit (deductible from the 1st tuition payment)	2.55	1,000
Building Fee - Grade 11 &12	21.68	8,500
Building Fee - Early Childhood (EC) to Grade 10	21.68 7.65	8,500 3,000
Alumni Fee	0.26	100
Family Deposit	1.28	500
Application Fee	1.28	500
Current Exchange rate	2,550

Guidelines And Terms For Payment Of Fees And Refunds

Fees Payment

All fees are based in US$ and are subject to change without notice.
All tuition fees are due by the dates indicated, unless other arrangements are approved by the Director. Following the due date, late payment charges of US$25 per week are added to the student’s account and will continue each week until the fees are made current.
Parents who select semester and termly payment plans but are not able to fulfill their installment payment obligations may be required to shift to plans designated by the school management.
All dishonoured cheques incur a charge of US$100 and late payment penalties in addition to all bank charges levied against the drawer.

Acceptable forms of payment

Payments can be made by:
- Cash deposited directly to any one of the School’s bank accounts. Contact fees@istafrica.com for details of the School’s preferred bank account. Please note that the School does not accept payment of school fees in hard cash.
- Cheque deposited directly into one of the School’s accounts. Contact fees@istafrica.com for details of the School’s preferred bank account. Alternatively, cheques may be presented to the Fees Office situated in the Administration Building, Elementary Campus, Upanga or to the Fees office situated in the Admissions Office, Secondary Campus, Masaki.
- Credit Card (this will attract an additional charge of 3.5% for VISA and 4% for MasterCard).
- In line with Bank of Tanzania regulations, all payments made in Tanzanian Shillings which are above TZS.10M or United States Dollars US$10,000 should be transferred by Tanzania Interbank Settlement System (TISS).
When making payments directly to the School’s bank accounts, please provide IST with a copy of the bank or wire transfer advice that will enable us to record and receipt your payments. Please note that IST is not responsible for bank transfer charges or commissions. These if incurred by the School for incoming transfers/wires, would be debited to parents concerned.

Policy on payments made in other currencies

Payments made in Tanzanian Shillings, Sterling Pounds and Euros are converted into US Dollars at the internal IST rates prevailing on the day the sums are receipted by the School and credited in the school’s bank account. Though IST endeavours to align its internal conversion rates with those of the market, it shall not be responsible for foreign exchange differences. To avoid exchange differences, parents are requested to contact the Fees Department for the current day’s exchange rate on telephone nos. +255 684 228882 and +255 684 228883 (Extension 144 or 237) or on e-mail address fees@istafrica.com.

About Refunds

Refunds for withdrawals under any plan will apply only to unattended terms after submitting a written notification for withdrawal to the School at least four calendar weeks before the commencement of the new term(s). No refunds will apply for partial completion of a term nor capital/portion portion of the fees. Refunds are calculated on the basis of school days and shall apply to tuition fees only. Refunds shall be made by crossed cheques or bank transfers. The School does not take responsibility for bank charges.
The School reserves the right to deny entry to pupils in arrears of fees.

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