Report to SLI for cancel or withdraw your registration and request tuition refund. Application fee/insurance fee is NOT refundable.
The amount of refund depends on the time of their cancellation application submission. Please refer to our refund rate and policy below.
1. Refund rate
| Period | Timeframe | Percentage of rate | Deduction | Refundable amount | |
|---|---|---|---|---|---|
| Seoul | Suwon | ||||
| Before Day1 | - | Full refund of tuition (100%) excluding the application fee |
|
1,600,000KRW | 1,500,000KRW |
| Month 1 First 8wks First 20days | Day 1-7 | 2/3 of a monthly tuition + a full monthly tuition - insurance fee |
21,000 KRW (insurance) |
1,313,000KRW | 1,229,000KRW |
| Day 8-10 | Half (1/2) of a monthly tuition + a full monthly tuition - insurance fee | 1,179,000KRW | 1,104,000KRW | ||
| Day 11-20 | A full monthly tuition - insurance fee | 779,000KRW | 729,000KRW | ||
| Month 2 Second 8wks Second 20days | Day 21-27 | 2/3 of a monthly tuition - insurance fee | 513,000KRW | 479,000KRW | |
| Day 28-30 | Half (1/2) of a monthly tuition - insurance fee | 379,000KRW | 354,000KRW | ||
| Day 31-40 | No refund | 0KRW | 0KRW | ||
2. Refund policy
- 1) Weekends, national holidays, and no-class days are not countable for refund time frame.
-
2) Submit SLI’s official Refund Request Form and a copy of bank book to SLI office.
(More papers are required for a foreign bank account) - 3) Refundable amount is decided when all requirements of 2) is completely submitted to SLI office.
- 4) Transfer charge and currency rate affect the final amount if the refund process is made by international wire transfer,
- 5) Refund process takes up to 2 weeks. 4-6 weeks for international wire transfer.
- 6) Full tuition amount excluding application fee is refunded if students cannot attend as their visa application is rejected.
- 7) All above are effective from Session 5 in 2018.