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Most international schools are run by private institutions without any government funding.The purpose of issuing bonds is to raise funds for the infrastructure and development of the school.Parents are most concerned about whether the bonds are compulsively purchased and the price;Whether the purchase of bonds can improve the enrollment opportunities and other questions are answered one by one.Most private schools,including international schools and private independent schools,issue different types of bonds,such as debenture,nomination rights and capital levy.
Capital construction cost of international schools,also known as school construction cost,as the name suggests,is used for the construction of school buildings.There are two types of capital construction fees,one is paid in a lump sum,and the other is paid annually.For example,schools under ESF require parents to pay a one-time non refundable capital construction fee every year.The capital construction fee for Year 1 is HK$38000,and the fee decreases by grade.
The nomination right holder of the International School must be a parent;Each nomination right can only nominate one child.If you want to participate in the nomination right scheme,parents should pay a deposit at the interview.If your child fails to pass the interview,the deposit will be returned automatically;If the child is admitted by the school and accepted the degree,the parent must pay the balance.It should be noted that participation in the nomination right plan does not necessarily lead to admission.
The nomination rights and bonds of international school bonds are usually subdivided into two categories,namely corporate and individual.Personal bonds are applicable to a child in a family and cannot be purchased or transferred in advance.Corporate bonds are held by the company and can be used for employees'children.As one of the employee benefits,this bond is worth more than ten million yuan.The company can nominate more than one student to attend the school where the bond is issued each year.If the employee leaves the company,the company can transfer the bond to other employees at any time.
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