School Development Certificates
An alternative to paying both the Enrollment Fee of CUC $ 4,000 and the Annual Capital
Development Fee of CUC $1,500 is for a parent, institution, company or diplomatic mission
to purchase a School Development Certificate for CUC $ 10,000.
A School Development Certificate may only be purchased in the name of an
individual student and may only be sold back to the school once the student has
left the school for good.
The Certificate may thus be redeemed any time before the beginning of a child's
fifth academic year at the school.
School Development Certificates are not available for students enrolling in the
Early Years Programme.
School Development Certificates purchased for students enrolling in the
Kindergarten Class or above may be redeemed at any time before the beginning of a
child's fifth academic year at the school and refunds will be made on the
following basis:
Redemption Values
- During or at the End of Year One:
- CUC $ 6,000 less CUC $ 100 administration fee
- During or at the End of Year Two:
- CUC $ 4,500 less CUC $ 100 administration fee
- During or at the End of Year Three:
- CUC $ 3,000 less CUC $ 100 administration fee
- During or at the End of Year Four:
- CUC $ 1,500 less CUC $ 100 administration fee
School Development Certificates purchased for students enrolling in the Kindergarten Class who have previously paid part of the Enrollment Fee in the Early Years programme, may opt to apply previous payments towards the cost of the School Development Certificate.