As a not-for-profit foundation school, NIST strives to maintain fiscal responsibility, and all tuition income is directly reinvested into the school to benefit our students and the greater community. This process is overseen by our parent-elected board, and is made transparent through our annual general meeting and reports. We strive to accommodate as many students as possible, without being overly selective, and our fees are commensurate to the world-class quality of our programmes.
A summary of NIST’s financial statements is available in our 2019 Annual General Report.
In recognition of the widespread impact of COVID-19 and the hardship it has caused for many, the NIST Executive School Board, on the recommendation of the NIST Foundation, has decided to not increase fees for the first semester of the 2020-2021 school year. This has never occurred in the school’s history, but we feel it is important to support our families during this challenging time.