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Financial Information Our budget is dependent upon timely receipt of promised tuition . Teacher’s paychecks, utilities, and many other payments are scheduled. Please honor your commitment to your payment plan or, if a problem arises that affects your ability to pay, call the Business Office so we may plan accordingly. 1. Once you have received your acceptance letter for the school year, the book fee must be submitted within two weeks. This reserves your student’s place in his/her grade. 2. The first tuition payment is due by August 15th and is non-refundable. 3. Tuition payments are due on the 15th of each month. 4. A $10.00 late fee is applied when tuition payments are not received by the 25th of each month. After the 30th an additional 1.5% fee will be assessed to the balance of the account. 5. A $10.00 service charge will be applied for all returned checks, regardless of the check amount. 6. The King's Academy reserves the right to withhold a diploma and/or transcripts if tuition is not paid in full (or if arrangements have not been made in the office). 7. Time away from school due to illness or family vacations is not deductible from the tuition. 8. Tuition refunds are limited. For more information, look in the section on the reverse of this brochure. 9. When a student is accepted after the start of school, the total tuition will be pro-rated and divided into monthly payments so the last payment is due May 15th. 10. Exceptions to any of the above guidelines will be made through, and only through the business office. 11. Pastors receive a 10% discount. 12. Work contracts (on a limited basis) may be applied for if paying full tuition is a hardship on the family. These contracts must be applied for and worked out with the TKA Board in August before the school year begins.
TUITION and FEES 2007-2008 KINDERGARTEN 1st Student $1,500 ($150/month for 10 months, August thru May) KINDERGARTEN ENRICHMENT $1,500 for all 5 days or $300.00 a day/year for each day ELEMENTARY GRADES 1-4
1st
Student $2,800 ($280/month for 10 months,
August thru May) MIDDLE SCHOOL/SENIOR HIGH SCHOOL 5-12
1st
Student $3,500 ($350/month for 10 months,
August thru May) FOURTH (or more) CHILD IS FREE PART TIME STUDENTS
Class with Lab $400/semester
($80month for 5 months, August thru December)
Tuition may be paid in one of three ways: 1. Yearly (5% discount) - Due August 1st. 2. Semester (2% discount) - Due August 1st, and January 1st. (Divide the tuition by 2 to determine your payments.) 3. Monthly - Due on the 15th of each month, August through May.
NON-TUITION FEES New Student Application Fee $50 (due with application) Re-enrollment Fee $25 after April 4th Book Fee $190 (due August 1, 2008 or two weeks after acceptance) Student Fee $110 (due August 1, 2008 or two weeks after acceptance) Part-time Student Fees $40/class Book Fee, $20/class Student Fee The Student Fee covers: Academic Field Trips, Library, Student Planners, Technology, Testing, Transcripts, Yearbooks, etc. Kindergarten Fees $90 Book Fee, $50 Student Fee Sports Fees $50 for Basketball and Soccer $25 for Cross Country and Track
This fee is due before the first “official” game. It is non-refundable after the season has started or if the student is placed on probation. This fee is paid for each sport in which the student participates. A student must be enrolled in at least one class to participate in any of The King's Academy sports.
We expect all families to seriously consider their obligation to contribute volunteer time to the school, to help lighten the load on school staff and improve upon what the school can offer. Those families who cannot contribute time and/or who prefer not to help in fundraisers, should consider contributing funds to make up the difference between their tuition and fees and the actual cost per student. Fees are non-refundable.
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The King's Academy is a member of the
Association of Christian Schools
International
and is accredited by the
State of Indiana as a Freeway school.
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