Fee Schedule

Fee Schedule for the 2023-2024 Academic Year.

 Please click here to download the 2024-2025 Academic Year Fee Schedule (PDF format)

Fee structure 2024-2025.jpg

The above fees are applicable for the Academic year 2024-2025 and are subject to an annual review. 

The Tuition fees include course fees, the use of essential course books, library books, co-curricular activities, IT infrastructure, science laboratory equipment, day trips, and certain classroom supplies. 

The Residential fee in addition to the tuition fee also includes housing, weekend excursions and activities, laundry, and meals.

Notes

1. Miscellaneous Charges

1.1 Non-Refundable Admission Fee. Payable for students enrolling for the first time. The admission fee must be paid to secure a place for a child in the Academy. 
This cannot be deferred or paid in instalments. The due date is one week after the offer has been accepted.

1.2    Refundable Security Deposit. Around 10% of the fees are payable on acceptance of admission and 
should be paid together with the admission fee mentioned above. As the Security Deposit is different between 
the PYP, MYP and DP, the differential will be invoiced when the child is transferred from PYP to MYP and from 
MYP to DP. It is refundable when a student leaves the school as long as the required notice has been given in 
writing and “No Dues” clearance is obtained from the Academy. No interest is payable on this deposit.

1.3    Good Faith Deposit. Paid for Grade 1, Grade 11 day students and all residential students to secure their 
place, as part payment against their first Semester fee, due to limited capacity. This will have to be paid as soon 
as the admission of the student is accepted for new joiners (including Grade 1)students and before 30 April for the 
Grade 11 Students. All other residential students will pay the Good Faith deposit together with the Admissions Fee. 
In the event that the student does not join the Academy, this deposit will not be refunded. 

1.4   Lunch. The rates indicated above are applicable only if paid in advance at least for a whole semester 
(50% of the total cost). The daily lunch rate is KES 400 for MYP and DP students and KES 350 for PYP students.

1.5    Medical Insurance Premium. Paid separately by residential students with the first tuition fee instalment.

1.6    Stipend. Paid separately by residential students and will be managed by the Academy. The students will be 
able to withdraw a maximum KES 500 per week to cover any personal expenses. Any balance with the Academy will 
be paid to the students at the end of the Academic Year.

2. Tuition

2.1 Sibling Discount. 5%  is applicable for the second child, 10% for the third child, and 15% for the fourth and subsequent children. The discount will be adjusted according to the number of 
children attending the Academy at the same time. This discount is not applicable where a family is receiving financial assistance.

2.2 Tuition Fee. Academic Year 2024-2025 fees are payable in two equal instalments (for each Semester), no later than 15 July 2024 
and 15 December 2024.  

2.3 Discount of 3% will be given on the tuition fees if paid for the whole year before the deadline (15 July 2024). These discounts 
are applicable on the net amount payable after other discounts have been deducted and is not applicable to the families who receive 
financial assistance.

2.4 AKDN Discount. AKDN employees, upon confirmation with any of the AKDN agencies, will get the following discount: 
20% for residential students and 5% for any day students.

2.5 Currency. The fees can be paid in US dollars or Kenyan Shillings. The US Dollars fees will be indicated on the invoice using the exchange rate at which the banks are buying USD from the Academy. The Academy however reserves the right to change this policy.

3. Late and Outstanding Fees

3.1 A monthly surcharge of 3% will be added to the total outstanding dues older than 30 days.

3.2 If fees are not paid within one month’s period following the deadline, the student will be asked to stay at home or in the residences and will not be allowed to attend classes or participate in the other activities undertaken by the Academy. If the fees for the residential students are not settled within 2 weeks following the student being withdrawn from classes, the school may send the student back home. Any student who is out of classes for over 4 weeks could be asked to withdraw from school.  

3.3 The Academy reserves the right to withhold results, school certificates, transcripts, or any other information and/or document until all outstanding dues are settled in full.

 4. Financial Assistance

Newly admitted students who demonstrate financial needs can apply for Financial Assistance 
through the Admissions office immediately after the admission has been confirmed. All current 
students have to submit their applications before 8 March, 2024. An independent Committee is 
responsible for reviewing and approving any request for Financial Assistance.

5. Withdrawal

If a student wishes to leave the Academy, three months’ advance notice of withdrawal must be given in writing and if not done the pro-rated three months' fees will be due and payable. School clearance will not be possible until any outstanding dues are settled in full. 

6. Other Education-related costs 

6.1 Field Trips. Students are expected to participate in compulsory curriculum and bonding trips as well as optional trips, for which the parents will be invoiced separately. Information on these field trips will be shared with parents at least one month in advance. 

6.2 Exam fees. MYP and Diploma will be billed separately based on actual fees from the International Baccalaureate Organization (IBO).

6.3 Personal Computer. MYP and DP students are required to own a personal computer that meets minimum performance standards as most of the assignments as well as the communication between the teachers and the students are computer-based. The system should be loaded with either iOS or Windows, MS Office, Internet browser, and Antivirus.

7. General Notes Regarding Payment

7.1 The Academy does not accept cash for fee payments. 

7.2 All payments must be made by direct bank deposit, bank transfer, or M-pesa even if payment is made by a third party such as a sponsoring organisation.  

7.3 Parents are responsible for ensuring that the fee payments are made into the correct bank account of the Academy. In the unlikely event of any change in the bank account, the changes will be communicated to parents in writing via a hand-delivered letter from the Academy.

7.4 Parents must provide the finance office (mba-bursar@agakhanacademies.org), with a hard or an electronic copy of the proof of payment showing the full name of the student and Student Identification Number as soon as the funds have been transferred for issuance of payment receipt. The absence of this information may delay crediting the fees reflected on your account in our system.

7.5 The above terms and conditions may be modified, or new terms may apply to reflect changes in the law or our services. For further information please contact us at mba-bursar@agakhanacademies.org

8. Note on disclosure and sharing of student-related data and information:

Schools will store and may disclose and share information such as a student's name, address, telephone number, date and place of birth, honours and awards, exam papers and other works of the student, parents’ contact and other details, fees charged and outstanding fees against the student, and dates of attendance with third parties as and where is required for the normal operations of the school. The fees-related information can be shared with third parties to assist the school to collect fees where the payments have been delayed and not made for the services provided as per the above term.