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Tuition Information
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COLLETON PREPARATORY ACADEMY l. TUITION: Tuition for Grades 1-12 for 2012-13 is Forty-Eight Hundred ($4800.00) Dollars. Contracts must be accompanied by a first payment (see payment options). Those received by the March 9th deadline will receive priority in sections that are limited. A late enrollment fee of Two Hundred ($200.00) Dollars shall be added to each contract returned to the school after March 9, 2012 for currently enrolled students. Note: There may be an additional charge per class for courses where a student also earns college credit (dual credit). Charge is determined by tuition rates at the college. There is also an additional charge per class for Advanced Placement courses. Tuition discounts: The third child in a family unit with three or more children enrolled at CPA will receive a $700 discount. The fourth child in a family unit with four or more children enrolled at CPA will receive a full tuition scholarship. If an enrolled family refers another family to CPA, and the referred family enrolls a child(ren) at CPA, the referring family will receive a $50 discount on one child’s tuition. ll. PAYMENT OPTIONS: Option A: Monthly Payments: One payment of Four Hundred ($400.00) Dollars is due with the contract (on March 9th, 2012 for currently enrolled students), and equal payments monthly thereafter for the unpaid balance with the last payment due February 1, 2013. Payment is due by the 1st of each month beginning April 1, 2012. Any payment made after the 10th of the month will result in a late charge of $30.00 per month. Option B: Four Payments: A deposit of Twelve Hundred ($1200.00) Dollars is due with the contract; and three additional payments in the amount of Twelve Hundred ($1200.00) Dollars each are due and payable on June 1, 2011, August 1, 2012, and November 1, 2012. Payments made ten days after the due date will result in a late charge of $30.00 per month. Option C: Payment in Full. A deposit of $1200.00 is due with the contract and all tuition and Building Fund balance shall be paid in full by July 1, 2012. Payments made ten days after the due date will result in a late charge of $30.00 per month. In addition to any monthly late fees as stated above, after February 1, 2013, there will be a two percent (2%) per month finance charge on any balance due on each contract. III. BUILDING FUND FEES A. For each new student entering the first grade through the tenth grade the Building Fund Fee is Seven Hundred Fifty ($750.00) Dollars. Any amounts previously paid towards the Building Fund Fee during a student’s attendance in the Kindergarten 4 or Kindergarten 5 program, shall be deducted from the Building Fund Fee balance upon the student’s enrollment in first grade. B. For a new student entering the eleventh grade, the Building Fund Fee is in the amount of Four Hundred Fifty ($450.00) Dollars, and for a new student entering the twelfth grade, Two Hundred Fifty ($250.00) Dollars. C. For students enrolled prior to January 1, 2011, no Building Fund Fee is assessed on the fourth child in a family, provided the Building Fund Fees were paid for the first three children. For all new students enrolled after January 1, 2011, a Building Fund Fee shall be paid for each student enrolled in the School. The Building Fund Fee may be paid in full with the contract (not later than the opening day of school) or monthly in equal installments calculated so that the Building Fund Fee is paid in full by February 1, 2013. IV. SCHOLARSHIP-FINANCIAL ASSISTANCE: Colleton Preparatory Academy offers financial assistance for qualifying families. We partner with an external evaluation organization, School and Student Services (SSS) an arm of the National Association of Independent Schools (NAIS) to assist us in making financial aid determinations. Using the assessment by SSS, the Scholarship- Financial Aid Committee of the Board of Directors determines how much assistance can be offered to a family based on the School’s overall budget. Awards are made to students in good standing and based upon the family’s financial need. Parents must submit to the school a signed student contract with deposit to apply and be considered for scholarship-financial aid. Facts About Financial Assistance: · Financial Assistance is for tuition only and does not apply to the Building Fund Fee or other fees. · You must reapply each year for financial assistance. · There is a nominal filing fee. · The deadline to apply for financial aid for returning students is April 10, 2012. Please contact the CPA Business Office for further information. V. FEE SCHEDULE: Grades 1 - 12
** Please note the above fees are subject to change. ADDITIONAL FEES:
PLEASE NOTE AS STATED ON YOUR TUITION CONTRACT AGREEMENT: Whenever a tuition or fee shall become past due for a period of over thirty (30) days from its due date and unless the School shall determine that an extenuating circumstance exists, the student may not participate in any extracurricular activities, including but not limited to any sports, arts programs, or academic competitions, until the account is paid up to date. If an account is delinquent for more than sixty (60) days at the end of a grading period, then the student will not be allowed to attend classes until the account is paid up to date. PLEASE NOTE: ABSOLUTELY NO FEES ARE REFUNDABLE
COLLETON PREPARATORY ACADEMY I. TUITION Tuition for K4 Kindergarten for 2012-13 is Thirty-Five Hundred ($3500.00) Dollars. Tuition for K5 Kindergarten is Four Thousand ($4000.00) Dollars. Contracts must be accompanied by a first payment (see payment options). Kindergarten contracts are offered for a period of ten days. Thereafter, the available place will be offered to the next qualified applicant. Tuition discounts: The third child in a family unit with three or more children enrolled at CPA will receive a $700 discount. The fourth child in a family unit with four or more children enrolled at CPA will receive a full tuition scholarship. If an enrolled family refers another family to CPA, and the referred family enrolls a child(ren) at CPA, the referring family will receive a $50 discount on one child’s tuition. II. PAYMENT OPTIONS Option A: Monthly Payments. K4: One payment of Three Hundred and Fifty ($350.00) Dollars is due with the contract (open enrollment begins on February 24th, 2012) and equal monthly payments thereafter for the unpaid balance. K5: One payment of Four Hundred ($400.00) Dollars is due with the contract (open enrollment begins on February 24th, 2012 with priority given to CPA students in the 2011-2012 K4 class) and equal monthly payments thereafter for the unpaid balance. Payment is due by the 1st of each month. Any payment made after the 10th of the month will result in a late charge of $30.00 per month. Option B: Four Payments: K4: A deposit of Eight Hundred and Seventy-Five ($875.00) Dollars is due with the contract and three additional payments in the amount of Eight Hundred and Seventy-Five ($875.00) Dollars each are due and payable on June 1, 2012, August 1, 2012, and November 1, 2012. Payments made ten days after the due date will result in a late charge of $30.00 per month. K5: A deposit of One Thousand ($1000.00) Dollars is due with the contract; and three additional payments in the amount of One Thousand ($1000.00) Dollars each are due and payable on June 1, 2012, August 1, 2012, and November 1, 2012. Payments made ten days after the due date will result in a late charge of $30.00 per month. Option C: Payment in Full. K4: A deposit of Eight Hundred and Seventy-Five ($875.00) due with the contract; and all tuition and Building Fund balance shall be paid in full by July 1, 2012. Payments made ten days after the due date will result in a late charge of $30.00 per month. K5: A deposit of One Thousand ($1000.00) Dollars due with the contract; and all tuition and Building Fund balance shall be paid in full by July 1, 2012. Payments made ten days after the due date will result in a late charge of $30.00 per month. In addition to any monthly late fees as stated above, after February 10, 2013, there will be a two percent (2%) per month finance charge on any balance due on each contract II. BUILDING FUND A Building Fund Fee of Two Hundred Fifty ($250.00) Dollars is due for each year a student is enrolled in a Kindergarten program at Colleton Preparatory Academy. Any Building Fund Fees paid during the enrollment of a student in a Kindergarten program shall be deducted from the Building Fund Fee due when a student enters the first grade. The Building Fund Fee may be paid in full with the contract or monthly in equal installments calculated so that the Building Fund Fee is paid in full by February 1, 2013. III. SCHOLARSHIP-FINANCIAL ASSISTANCE: Colleton Preparatory Academy offers financial assistance for qualifying families. We partner with an external evaluation organization, School and Student Services (SSS) of the National Association of Independent Schools (NAIS) to assist us in making financial aid determinations. Using the assessment by SSS, the Scholarship Committee of the Board of Directors determines how much assistance can be offered to a family based on the School’s overall budget. Awards are made to students in good standing based upon the family’s financial need. Parents must submit to the school a signed student contract with deposit to apply and be considered for scholarship-financial aid. Facts About Financial Assistance: · Financial Assistance is for tuition only and does not apply to the Building Fund Fee or other fees. · You must reapply each year for financial assistance. · There is a nominal filing fee. · The deadline to apply for financial aid for returning students is April 10, 2012. Please contact the CPA Business Office for further information. IV. FEE SCHEDULE At time of application:
** Please note the above fees are subject to change. ADDITIONAL FEES:
PLEASE NOTE AS STATED ON YOUR TUITION CONTRACT AGREEMENT: Whenever a tuition or fee shall become past due for a period of over thirty (30) days from its due date and unless the School shall determine that an extenuating circumstance exists, the student may not participate in any extracurricular activities, including but not limited to any sports, arts programs, or academic competitions, until the account is paid up to date. If an account is delinquent for more than sixty (60) days at the end of a grading period, then the student will not be allowed to attend classes until the account is paid up to date. PLEASE NOTE: ABSOLUTELY NO FEES ARE REFUNDABLE
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