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tuition & other fees valid for 2016

BACHELOR OF BUSINESS ADMINISTRATION (BBA) IN INTERNATIONAL HOTEL MANAGEMENT FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 YEAR 2 YEAR 3 YEAR 4 S1 1 Bluche S2 1 Bluche S3 Internship S4 1 Bluche S5 Internship 4 S6 Bluche S7 Bluche TOTAL Tuition 21,450 23,550 23,550 20,950 20,950 110,450 Double room 5,850 5,850 5,850 5,850 5,850 Full board (compulsory) 4,350 4,350 4,350 4,350 4,350 Learning resources (estimate) 2 1,650 550 600 550 550 Health & accident insurance 3 750 1,500 1,500 750 750 Uniform (service / kitchen) 550 300 Kitchen tool kit 250 ADDITIONAL EXPENSES SUBTOTAL: 13,150 12,800 12,300 11,500 11,500 61,250 COMPULSORY EXPENSES TOTAL: 34,600 36,350 35,850 32,450 32,450 HOTEL MANAGEMENT DIPLOMA FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 YEAR 2 YEAR 3 S1 1 Bluche S2 1 Bluche S3 Internship S4 1 Bluche S5 Internship S6 Internship TOTAL Tuition 21,450 23,550 23,550 68,550 Double room 5,850 5,850 5,850 Full board (compulsory) 4,350 4,350 4,350 Learning resources (estimate) 2 1,650 550 600 Health & accident insurance 3 750 1,500 2,250 Uniform (service / kitchen) 550 300 Kitchen tool kit 250 ADDITIONAL EXPENSES SUBTOTAL: 13,150 12,800 13,050 39,000 COMPULSORY EXPENSES TOTAL: 34,600 36,350 36,600 Footnotes for BBA & Diploma: 1 Lodging and full board compulsory. 2 Students starting in January 2016 will pay 750.- CHF for learning resources in semester 1. Please refer to the 'Learning Resources' chapter in the terms & conditions. Direct entry students might have to pay an additional amount for books. 3 Health & accident insurance includes academic semesters & upcoming internship semesters. Some students may be exempt, please refer to the Insurance chapter in the terms & conditions. 4 Students who choose the Culinary Business Management BBA specialization should refer to the 'Culinary Business Management specialization' chapter in the terms & conditions. Please note: Starting from July 2016, students may choose to take additional elective courses. Please refer to the 'Elective Courses' chapter in the terms & conditions.

BACHELOR OF BUSINESS ADMINISTRATION IN GLOBAL HOSPITALITY MANAGEMENT FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 YEAR 2 YEAR 3 YEAR 4 S1 1 Switzerland S2 1&4 China S3 1 Spain S4 Internship S5 Switzerland S6 Internship S7 Switzerland TOTAL Tuition 25,500 25,500 25,500 25,500 25,500 127,500 Double room 5,850 2,000 3,800 5,850 5,850 Full board (compulsory) 4,350 2,000 2,800 4,350 4,350 Health insurance 2 750 450 850 1,500 750 Additional Fees 3 1,950 1,350 1,450 450 1,050 ADDITIONAL EXPENSES SUBTOTAL: 12,900 5,800 8,900 12,150 12,000 51,750 COMPULSORY EXPENSES TOTAL: 38,400 31,300 34,400 37,650 37,500 INTENSIVE ENGLISH LANGUAGE & SERVICE PROGRAM(IELSP) 5 INTENSIVE ENGLISH LANGUAGE PROGRAM (IELP) 7 FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 S1A 1 Bluche S1B 1 Bluche TOTAL FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 S1 1 Bluche Tuition 13,900 13,900 27,800 Double room 5,850 5,850 Full board (compulsory) 4,350 4,350 Learning resources (estimate) 8 1,650 350 Health & accident insurance 6 750 750 Uniform (service / kitchen) 550 ADDITIONAL EXPENSES SUBTOTAL: 13,150 11,300 24,450 Tuition 6,350 Double room 5,850 Full board (compulsory) 4,350 Books and materials (estimate) 350 Health & accident insurance 6 750 ADDITIONAL EXPENSES SUBTOTAL: 11,300 TOTAL: 17,650 COMPULSORY EXPENSES TOTAL: 27,050 25,200 Footnotes for Global BBA, IELSP & IELP: 1 Lodging and full board compulsory. 2 Health insurance includes academic semesters & upcoming internship semesters. 3 Includes books, uniform, kitchen toolkit and support coordination. 4 Students starting in July will spend 3 months in Switzerland and 3 months in China during semester 2. 5 Intensive English Language and Service Program covers the equivalent of semester 1 of the Hotel Management Diploma / Bachelor of Business Administration. Please refer to the corresponding fees for the remaining semesters. 6 Some students may be exempt, please refer to the Insurance chapter in the terms & conditions. 7 This program is only offered in conjunction with one of our hospitality programs. 8 Students starting in January 2016 will pay 550.- CHF for learning resources in semester 1. Please refer to the 'Learning Resources' chapter in the terms & conditions. Direct entry students might have to pay an additional amount for books. Please note: Starting from July 2016, students may choose to take additional elective courses. Please refer to the 'Elective Courses' chapter in the terms & conditions. Please note: The terms and conditions for the Global Bachelor degree vary for each campus. Please refer to the full 'Tuition and Other Fees document for the Global degree on our website : www.lesroches.edu/ global-degree

POSTGRADUATE DIPLOMA (PGD) 1 / HIGHER DIPLOMA (PGHD) IN INTERNATIONAL HOSPITALITY ADMINISTRATION FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 YEAR 2 S1 Bluche S2 Bluche S3 Bluche S4 Internship TOTAL Tuition 18,350 18,350 19,400 56,100 Double room 5,850 5,850 5,850 Full board (compulsory) 4,350 4,350 4,350 Books and materials (estimate) 650 300 300 Health & accident insurance 2 750 1,500 750 Uniform (service / kitchen) and kitchen tool kit 1,050 ADDITIONAL EXPENSES SUBTOTAL: 12,650 12,000 11,250 35,900 COMPULSORY EXPENSES TOTAL: 31,000 30,350 30,650 MBA IN HOSPITALITY MANAGEMENT MASTER OF SCIENCE (MS) IN HOSPITALITY LEADERSHIP FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 S1 Bluche S2 Bluche TOTAL FEES BREAKDOWN (CHF) PER SEMESTER YEAR 1 S1 Bluche S2 Bluche TOTAL Tuition 3 24,550 24,550 49,100 Double room 5,850 5,850 Full board (compulsory) 4,350 4,350 Books and materials (estimate) 750 500 Health & accident insurance 4 750 750 ADDITIONAL EXPENSES SUBTOTAL: 11,700 11,450 23,150 COMPULSORY EXPENSES TOTAL: 36,250 36,000 Tuition 19,900 19,900 39,800 Double room 5,850 5,850 Full board (compulsory) 4,350 4,350 Books and materials (estimate) 650 650 Health & accident insurance 4 750 750 ADDITIONAL EXPENSES SUBTOTAL: 11,600 11,600 23,200 COMPULSORY EXPENSES TOTAL: 31,500 31,500 Footnotes for PGD, PGHD, MBA & MS: 1 Postgraduate Diploma in Hospitality Administration = Semester 1+2+4, and Postgraduate Higher Diploma in Hospitality Management = semester 1+2+3+4. 2 Health & accident insurance includes academic semesters & upcoming internship semesters. Some students may be exempt, please refer to the Insurance chapter in the terms & conditions. Students enrolled on the PGHD program will be charged 750.- for insurance in semester 2, and 1,500.- for insurance in semester 3 to cover the upcoming internship. 3 Includes half board, return flights from Switzerland to USA and lodging for 2-week Chicago trip in semester 2 (MBA only). 4 Please refer to the Insurance chapter in the terms & conditions. Please note: Starting from July 2016, students may choose to take additional elective courses. Please refer to the 'Elective Courses' chapter in the terms & conditions.

TUITION & FEES - TERMS & CONDITIONS FEES COVER Tuition, professional development courses, school nurse, some events and facilities (i.e. conferences, leisure and sports activities, library), administration costs, laundry and ironing of professional clothes (kitchen and service), other school supplies, visitor s tax, cantonal and communal taxes (only if living in campus accommodation), administration charges for the visa and work permit (excluding where there are legal and court charges, if the visa or permit is refused and an appeal is made), administration charges for internship(s), Swiss VAT, membership for the Alumni Association of Les Roches, tutoring (when necessary), industry presentations, examiner fees and career counseling. Any unused services, clothes, school supplies, benefits, etc. included in the main fees are non refundable. ADDITIONAL EXPENSES COVER Application fee, damage deposit, double room accommodation in Bluche or Crans-Montana, full board, books and learning resources, uniforms (kitchen and service) and health & accident insurance (professional and nonprofessional). Parking, single accommodation, personal expenses including travel to and from the school and the internship site and pocket money are not included. ROOM, BOARD & PARKING Room and board fees include accommodation in a double room in Bluche or Crans-Montana, full board (3 meals a day, 5 days a week, as well as brunch and dinner on Saturdays and Sundays). Subject to availability, students can book a single room for an additional fee to the double room. Single room accommodation at Les Roches is limited, therefore rooms are preregistered to students on a first-paid, first-served basis (pre-payment and single room supplement), but are allocated only upon the reception of the full payment of the school fees, before the deadline of 15 th November (for the winter intake) or 15 th May (for the summer intake). The prices below are in Swiss francs, per person and per semester in addition to the double room fee: ROOM / PARKING PRICE (CHF) LOCATION Single room supplement 2,000 All buildings Parking permit 500 Assigned parking in Bluche Any students living off campus, subject to the campus director s written approval and Semesters 4-7/PGD/MBA students living at Les Cheminots or in buildings in Crans-Montana can choose not to have dinner and weekend meals at a discount of CHF 1,200.- per semester (half-board option). Please note: the campus is a smoke-free area, including bedrooms. LAPTOP POLICY Students will need to have individual access to our intranet website, which hosts student information, including support and teaching documents and other learning resources. Students will also need to use internet for their project research, to access on-line library resources or e-mails. Two options are available to meet our requirements: 1. Students may bring their own laptop provided it meets the institution s requirements. Specifications will be sent directly to the student upon confirmation of enrollment and are also published on our website : www.lesroches.edu. 2. Students may purchase their personal laptop through Les Roches for a fee of CHF 2,300.-. More details are available on the Les Roches website : www.lesroches.edu. ELECTIVE COURSES From July 2016, subject to schedule availability, students can choose to take additional elective courses from semesters 6 & 7 of the BBA program. This will incur a cost of 3,000.- CHF per course and each course bears 3 credits. Please contact the Academic Dean for further information. CULINARY BUSINESS MANAGEMENT SPECIALIZATION Students who choose the BBA specialization in Culinary Business Management will complete an additional professional development program in the USA at Kendall College, or in Jordan at the Royal Academy of Culinary Arts. For this program, an additional fee of CHF 12,500.- will be charged (fee covers tuition, accommodation, uniforms and books). OTHER EXPENSES It is estimated that students require a minimum sum of CHF 500.- per month to finance their out-of-pocket expenses such as snacks and drinks, entertainment, personal office supplies, laundry and any other personal expenses.

TUITION & FEES - TERMS & CONDITIONS INSURANCE Health and accident insurance is mandatory in Switzerland, thus students are required to take the health and accident insurance provided by the school which covers them when on campus and on internship. However, if students have a private valid insurance cover equivalent to the Swiss health insurance cover scheme, they have to follow the procedure to be exempted by the Swiss authorities (information about exemption and validation of foreign insurance plans are available from Admissions). If students fail to complete this procedure, prior to their registration on campus, they will automatically be registered with the insurance provided by the school at the most competitive rate which may vary from one semester to another. Students who have been granted the exemption by Swiss authorities are responsible to verify the validity of their private health and accident insurance cover in Switzerland and on internship in Switzerland or abroad; the school will not cover any health or accident related expenses. Personal and private insurance, to cover issues such as damage or theft of personal property are not mandatory but are strongly recommended. Les Roches cannot be held responsible for the theft of personal belongings, student damage or third party insurance. DAMAGE DEPOSIT A refundable damage deposit of CHF 1,000.- is required to cover any damage caused to Les Roches property by the student during his/her studies. It is payable at the time of the first semester s invoice and is refundable three months after final check-out (completion of studies). SCHOLARSHIPS As a private institute, Les Roches provides a limited number of scholarships for new students. The scholarships are competitive and linked to Les Roches s admissions strategy which aims to assist motivated young people to study at our institution. Each scholarship has specific criteria and eligibility for a scholarship is examined on a case-by-case basis for those students who have submitted a complete application. PRE-PAYMENT New students: upon acceptance of your application, a pre-payment of CHF 3,000.- must be paid within 30 days from the date of the acceptance letter, in Swiss francs, by bank transfer, check or credit card. This prepayment confirms your place in the program and is refundable if a formal written cancellation is received before 15 th May (for the summer intake), 15 th September (for BBA1 October intake) or 15 th November (for the winter intake). The pre-payment is deducted from the first semester s invoice. Returning students with payment plan: before returning to school, a prepayment of CHF 3,000.- must be paid within 30 days from the date of the pro-forma invoice, in Swiss francs, by bank transfer, check or credit card. This prepayment confirms your place in the semester and is refundable if a formal written cancellation is received before the 15 th November (for the winter intake) or 15 th May (for the summer intake). The pre-payment is deducted from the semester s invoice. Please note: if the student postpones his/her studies after the pre-payment has been made, the balance will be carried forward for the next intake only. No refund will be made in this case. Further postponement of studies will lead to the deduction of the initial pre-payment LATE CANCELLATION FEE If the new or returning student postpones or cancels his/her studies after the deadline of 15 th May for the summer intake, 15 th September for the BBA1 October intake and 15 th November for the winter intake and without a written notification, a late notice fee of 3,000.-CHF will be charged to the student account. PAYMENTS Payments must be made in full in Swiss francs no later than the 15 th November (for the winter intake) and no later than the 15 th May (for the summer intake), unless a payment plan contract has been approved. Payments can be made by bank transfer, check or credit card. Students will not be permitted to begin their studies until payment for the semester has been received. Swiss Residence permits, academic diplomas and degrees are only delivered / awarded when all fees and charges have been paid. APPLICATION FEE A fee of CHF 250.- is required with each application. Complete credit card information must be provided on the application form. This fee is not refundable.

TUITION & FEES - TERMS & CONDITIONS REFUND POLICY AND REVIEW OF FEES The tuition fees paid for each semester are non refundable. If a student cancels before the official arrival date on campus, only the pre-payment will be retained. If a student is dismissed or withdraws from the semester, only the fees covering the accommodation, board and insurance are reimbursed (proportional to the number of weeks remaining in the semester for accommodation and board, remaining months for insurance). Any credits on account will be carried over and deducted from the invoice for the following semester and respectively refunded 3 months after final check-out at the end of the program. Les Roches reserves the right to review and modify the tuition fees of each semester at any time and without notice. To maintain the standards expected from the institution, the fees are reviewed annually. LEARNING RESOURCES As of July 2016 onwards, all new bachelor degree students (excluding global bachelor degree students) and intensive English Language and service program students (IELSP) will receive a pre-loaded ipad containing e-books, videos and digital content to support the learning experience. Any students wishing to order printed text books may order through the school for an additional cost. For all returning students, this fee covers the cost for books and materials. METHOD OF PAYMENTS Payments by bank transfer are to be made to: UBS SA, 1002 Lausanne, Switzerland Beneficiary s Name: GESTHOTEL Sàrl, Hotel Management School Les Roches Account Number: 243-H6167514.0 Swift Address: UBSWCHZH80A IBAN: CH1600243243H61675140 INTERNSHIP (WHEN APPLICABLE) All students are requested to complete their internship(s) in establishments approved by Les Roches. The main objective is to prepare students for their professional career by developing their managerial, entrepreneurial and personal skills to their fullest through interesting and challenging internships. Les Roches has established excellent relationships with the hospitality and tourism industry, and a wide choice of training possibilities are offered to students in large, medium or small companies, in Switzerland or abroad. However, some countries can be restricted by Government visa and work permit policies as well as language requirements. Although internships are generally paid by the employer, the remuneration received cannot be expected to finance studies at Les Roches. VISA PROCEDURE FOR ACCEPTED CANDIDATES Accepted candidates will receive an acceptance letter from the Admissions Department detailing the visa procedure. For students who need an entry visa, it is imperative to request a STUDENT VISA (not a tourist visa). Students are strongly advised to apply immediately as it takes at least 2 months to obtain a visa. Candidates must make a personal request at the Swiss Embassy / Consulate in their country of residence and present the school s attestation. Once the visa is approved (after 6 to 8 weeks), the Embassy / Consulate will notify the candidate who then must collect the original visa from the Embassy / Consulate. Candidates with European Union passports and those from countries with which Switzerland has bilateral agreements, need only to send the required documents to the school. Please note: copy of authorization to collect the visa will only be sent to the candidate if the pre-payment has been made within 30 days of the date of acceptance. Please make sure that the bank indicates the student s name and student number on the payment advice slip for the bank transaction.

LES ROCHES INTERNATIONAL SCHOOL OF HOTEL MANAGEMENT ENROLLMENT ADDRESS Rue du Lac 118 1815 Clarens ADD US DIRECTLY TO YOUR SMARTPHONE ADDRESS BOOK! Switzerland P. +41 21 989 26 44 F. +41 21 989 26 45 info@lesroches.edu LESROCHES.EDU RA24-16/R02/08-15/10k - design: diabolo.com