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| Pocket money |
Students at GIS receive weekly pocket money provided for them by their parents. Please note that this amount is separate from the total school fees for the year (see item School Fees). Procedures for the disbursement of pocket money are as follows:
At the start of each term, parents are asked to send the pocket money via the student. Pocket money should be in an envelope clearly marked with the student"s name and the total amount enclosed. Upon arrival at the school, students must give the envelope to the director for safekeeping.Each week, the director will personally distribute the money to each student. The school strongly recommends that parents follow these guidelines with regards to weekly allowance:80 to 90 Swiss francs for younger students and 120 Swiss francs a week for older students.
Knowing how to manage funds is one of the marks of a responsible young adult. Because the school seeks to continually develop in its students a strong sense of personal responsibility- not only in academic terms but in practical terms as well - it is possible for a student to open a bank account. Students wishing to open such an account at one of the banks in Gstaad must first discuss the matter with the director. Based on observations of and discussions with the student, the director shall decide if the young person in question has reached the level of maturity necessary in such a matter.
Opening a bank account is a privilege that a student has earned, an outward sign of his inward growth towards responsibility. In the case of a student"s misuse of bank account funds, the school reserves the right to contact the parents concerned and to have the student"s bank account closed.It is not recommended that parents offer the use of a credit card to their children while at school. |
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