Finance FAQs

I sent a remittance/payment but only got an email acknowledgement. Where is my receipt?

Remittances are acknowledged by email. Hard copies of receipts will be sent on request.

I have sent a remittance but have not received an acknowledgement.

We do our best to identify all remittances. Sometimes the details available with the bank are insufficient for us to identify the remitter. In such cases the remittance is marked as an unknown credit. Please include your child(ren)’s name and account number in the transfer details and email us at finance@kis.in to enable us to identify remittances in a timely fashion.

What is my account number?

The school has a five digit account number that starts with “6” for every family. Children of the same family use the same account. The account number should be given to avail of services within the school.

How do I give pocket money to my child(ren)?

Pocket money is distributed on a monthly basis from August/February onwards by the school either through the Residential Parent or through the Finance office depending upon the grade. Parents are required to indicate the amount of pocket money they would allow on the parent consent form. There is a ceiling on the pocket money allowed. The pocket money is charged to your account and is paid out of the advance for personal expenses. You may leave some money with your child(ren) for spending in July/January. The school does not encourage you to otherwise leave large sums of money with your child(ren).

What is the gymkhana allowance?

Students may buy snacks and drinks from the gymkhana up to the maximum set by the parent for a month. The actual purchases made by the students are charged to the account. You can set and change the limits for the gymkhana spending through the parent portal. You will also be able to see what your child is purchasing through the accounts which are available online.

To enter the gymkhana allowance limit.
Please login to http://online.kis.in
The gymkhana limit is set per student under the tab:
Student Zone (Select Student)
>> Residential
>> Gymkhana

Is the advance for expenses adequate?

The advance is adequate for reasonable expenditure. It will not cover heavy purchases e.g. thumb drives every week.

What are dorm charges?

If you wish your child(ren) to have extra fruit and milk, these are provided by the residential parent and charged to your account. Laundry expenses are charged to your account on actual cost basis and also form part of dorm charges.

My child has asked me for extra money – how do I get it to him/her?

Please write to the Dean of Residential Life Dean@kis.in who will authorise the payment, if appropriate.

How do I know when to send more money?

Parents’ accounts are available online. The IT department will explain how to login and access information. Should your balance be depleted, you will receive a communication from the Finance office.

My child seems to be buying a lot in the stockroom. How do I see what he/she is buying?

The stockroom purchases are available online along with the accounts. By clicking on the tab, you will be able to see a detailed list of purchases.

We have an alert system for the purchases by your children in the stock room. You can set monthly alert limits for purchases in stockroom made through your account. When the purchases first crosses the limit, you will get an email alerting you of this.

This is an alert system and not a cut-off system. Since the stockroom provides essential supplies for your children, access to the stockroom will not be cut off when the limit is reached.

Currently the limit will be by account and so if you have more than one child at school, you will need to set the limit accordingly.

To use the alert facility, please log in to the parent portal on http://online.kis.in and go to the stockroom charges section under the finance info and enter the amount by clicking the set new limit button at the top.

Will I get a printed statement of account from the school?

Since the account statements are available online, statements are sent only on request.

When do I pay fees for the next semester?

Fees for the next semester are due as on the last day of the current semester. The Finance office will generate invoices by the end of October/April and send them out. There is a penalty for late payment and so parents are advised to make their remittance in time. Cash payments will not be accepted at the school.

How do I contact the Finance office?

Please use emails and indicate your account number in any correspondence.

To contact the Finance office:
email: finance@kis.in
phone no: +91 4542 247208/9

To contact the Director – Finance, Legal & Property:
email: findir@kis.in
phone no + 91 4542 247206

Please note that the office works from Monday to Thursday from 8.00 a.m. to 12 Noon, 1.00 p.m. to 6.00 p.m. and on Friday from 8.00 a.m. to 12 Noon, 1.00 p.m. to 5.30 p.m. The office is closed on Saturday and Sunday.

We look forward to have a good working relationship with you and will endeavor to serve you.

Finance Office

Accreditation and Affiliations
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