This fee ensures the processing of the application for admission of a new student or of a student returning after an absence of one year or longer. This fee is not refundable.

2 Registration Fee

BBD $2,000.00

This fee assures a student's place for the initial school term for which application is made. This fee is not refundable but it is set against the first term's fees.

3 Building fee

A capital assessment fee, known as the building fee, is levied at date of entrance for students who have not previously attended The Codrington School. This is set for this year at between BBD $3,500.00 and BBD $10,000.00. Parents/guardians are encouraged to pay at the top level of BBD $10,000.00 but must pay at least the minimum fee of BBD $3,500.00.

4 Endowment Funds

The Codrington School Trust operates four endowment funds: for restoration and renovation of buildings; for scholarships; for hardship; and for teachers' professional development. Contributions to these funds are welcomed. Full details may be obtained from the school's principal, Mr Dennison J MacKinnon (principal@codrington.edu.bb).

5 Payment - per term

Fees may be paid termly in advance by the following dates.

Michaelmas	(first)	term's fees are payable by	15 June 2011 latest
Easter	(second)	term's fees are payable by	15 October 2011 latest
Summer	(third)	term's fees are payable by	15 February 2012 latest

	PYP 1 - 2	PYP 3 - 6	PYP 7- 8	MYP 1 - DP1
Regular fees	BBD $7,040.00	BBD $8,700.00	BBD $9,100.00	BBD $13,970.00
Fees for Caribbean non-national children (on request)	BBD $5,280.00	BBD $6,525.00	BBD $6,825.00	BBD $10,480.00
Fees for Barbadian children (on request)	BBD $3,520.00	BBD $4,350.00	BBD $4,550.00	BBD $6,985.00

6 Payment - per year

Annual payment of all three terms in advance is preferred. In such cases, the school offers a discount of approximately 3% on the total bill for tuition, which amounts to approximately 9% on reducing balance. Annual fees for 2011-2012 are set as follows.

	PYP 1 - 2	PYP 3 - 6	PYP 7- 8	MYP 1 - DP1
Regular fees	BBD $20,490.00	BBD $25,320.00	BBD $26,480.00	BBD $40,650.00
Fees for Caribbean non-national children (on request)	BBD $15,070.00	BBD $18,990.00	BBD $19,860.00	BBD $30,490.00
Fees for Barbadian children (on request)	BBD $10,245.00	BBD $12,660.00	BBD $13,240.00	BBD $20,325.00

Fees may also be paid for up to three years in advance. In this case, a lump sum payment equivalent to the annual fees for the 2011-2012 school year must be lodged with the school by 15 June 2011.

Notes:

(i) All parents/guardians are urged to pay fees at the regular level, in order to aid the school’s growth and development. However, in order to encourage local families whose children would not otherwise be able to come to the school on account of the fee level, on request, local parents/guardians are offered deeply discounted fees. To qualify for “Barbadian” fees, either the child or one of the parents must possess either a Barbadian passport or a Barbadian birth certificate. A similar condition applies for Caribbean non-national children.

(ii) There is no proration of fees for students who leave early in the term. For students who arrive on or after the following dates in each of the first two terms, only half of the initial term's fees is payable: 31 October 2011 in the Michaelmas term; 27 February 2012 in the Easter term.

(iii) All curricular costs, including all local field trips, all books and art materials and all swimming costs are funded in full by the school.

(iv) All fees in connection with external examinations are payable by parents/guardians.

Payment may be made by cash, cheque or MasterCard/Visa/American Express credit card. If payment is made by credit card, the school adds a fee of approximately 5% to cover processing and bank charges.

A student's place in school may be forfeited if the fees are not paid on time, particularly if there is a waiting list for any particular year level. In any case, a late fee of 1.5% per month, or part of a month, per student, is levied when fees are not paid on the due date (or, in the case of a new student, within two weeks of acceptance). Thus, for example, fees paid five weeks late attract a late fee of 3%. If fees are not paid before the first day of term, the student's name will not appear on class lists and he/she will not be allowed to attend school until the fees are paid in full.

New students entering during the course of the school year will receive an invoice upon entry, payment of which is required within two weeks of acceptance.

Money transfers in Barbadian dollars may be made to the following bank. Please ensure that the transfer details include the student’s name.

Bank of Nova Scotia
Wildey Branch
Barbados
Account #:62935 867967
Swift code: NOSCBBBB

When funds are remitted in any currency other than Barbadian dollars, 5% of the sum should be added in order to cover processing and bank charges.

A full term's notice in writing or the fee for one full term in lieu of notice is required before withdrawing a student. Withdrawal forms are available from the director of admissions at the school, Christina S MacKinnon (admissions@codrington.edu.bb). School records are normally released only if all withdrawal protocols have been met.