Debentures
To confirm your child’s place at FIS, you need to buy or hold a debenture. One debenture covers only one student.
The French International School “Victor Segalen” Limited is a non-profit company under the Hong Kong Company Ordinance, established and managed by a board of elected parents. By purchasing a debenture, the debenture holder agrees to become a member of the Association and be subject to its Articles of Association.
There are two types of debentures
Corporate debenture (category A)
- If a company will pay a student’s tuition fees, that student must be covered by their corporate debenture.
- The debenture must be held by a company registered at the Hong Kong Company Registry.
- A mature corporate debenture (held by a company for at least one year) provides priority on the international stream waiting list.
- This debenture is fully redeemable* and transferable,** subject to its terms and conditions.
- The current price is HK$250,000.***
*The debenture is refundable either when the student leaves FIS or when they are covered by another debenture.
**The corporate debenture can be allocated to another student for a non-refundable administrative fee of HK$25,000.
***The price of the debenture is subject to review at any time by the board. The applicable price will be that which is in effect on the day of payment. The issuance of debentures is subject to the prior approval of the board.
Private debenture (category B)
- This debenture is fully redeemable,* subject to its terms and conditions.
- This debenture is not transferable.
- This debenture is for families paying for their children’s school fees themselves.
- The current price is HK$90,000.***
For all new intakes from 2023-24 school year onwards, the nominal value is revised to HK$120,000 refundable. A non-refundable allocation fee of HK$5,000 per student shall be paid at the time of application for the Debenture.
N.B. For deferred admission to the 2023-24 school year, the new nominal value is applicable.
*The debenture is refundable either when the student leaves FIS or when they are covered by another debenture.
***The price of the debenture is subject to review at any time by the board. The applicable price will be that which is in effect on the day of payment. The issuance of debentures is subject to the prior approval of the board.
Items to provide to purchase a debenture