Regulations on terms of payment for the educational services.

Article 66. Determine the cost for training and the conditions of payment:

1. Tuition cost – payment, which is determined by the agreement on the provision of educational services between the Gymnasium (managing company) and the parents (guardians).
2. The tuition payment basis is child’s membership in GG, after going through all the steps, specified in the agreement between the Gymnasium (managing company) and the parents (guardians).
3. Tuition cost is determined and adjusted, depending on basic cost, market conditions and the following criterias:

-          rate of national currency

-          annual inflation rate

-          improving the conditions of teacher’s level

-          regular study of international experience and introduction of the best practices in our Gymnasium

-          tax liabilities

-          improvement of material and technical base

-          improving the quality of education

-          regular improvement of safety and health

-          improvement of the average salary in the region

-          etc.

1. Basic annual tuition cost is:

-          I – VI grades – 5000 GEL

-          VII - IX grades – 6000 GEL

-          X – XII grades - 7200 GEL

1. Studying period of school year:

-          I grade – 8 months

-          II-XII grades – 9 months

-          Each school year starts at 20^th of September (GG’s birthday)

1. Payment of tuition fees depends on the chosen method of payment, in respect of the base cost (X) and is the following:

-          one-time annual payment: X – 10%

-          payment for each semester: X

-          monthly payment: X + 10%

As well as parent (guardian) should pay the deposit – 1000 GEL

1. Tuition should be carried out according to the following schedule:

-          one-time annual payment – until 25^th of June of the current year

-          payment for each semester – 50% until 25^th of June, remaining 50% - until 25^th of November of current year

-          monthly payment – until 20^th of the current month for the next month

Allowed of deferred payment – after additional agreement with Gymnasium’s administration*