TUITION AID - New Applicants

 

2010-2011

 

Currently there is limited funding for the aid program; however, we do feel called to minister to families that do not have the finances available to attend at full tuition, so we work diligently to do what we can within our limited resources. By necessity, our tuition aid is restricted, and the following guidelines apply:

 

 

What you need to do…

 

1.    Complete the application process and be accepted to the school before you can be considered for aid. 

2.    Go online with the FACTS Management Company at www.factstuitionaid.com to fill out the application for tuition aid.

3.    Send in copies of your current 2009 W-2 and 1040 tax forms to FACTS to be evaluated.  If you own your own business or are a principal in a Sub S Corporation, you must submit copies of all the forms you file for income tax purposes.  All forms must be received by FACTS by May 15^th.

4.    The Registrar will contact you after all forms have been received, reviewed, and an initial decision is made.

 

What you need to know…

 

1.    Aid is not offered at the Early Childhood, Pre-K or Kindergarten levels.

2.    The deadline for applying for Tuition Aid is May 15^th. 

3.    Tuition is assessed at the full tuition rate until the initial aid award is determined.

4.    Secondary students must have a grade point average of 2.5 or higher, no failing grades, and a good conduct record to receive aid.  Elementary students must have passing grades in English, reading, history, math, and science and have classroom citizenship grades no lower than 80.  Work/study habits and Personal Behavior sections on the report card must not contain “N’s” or “U’s.”

5.    After the initial determination that you qualify for aid, and at what rate, your child(ren) will be placed on a waiting list for any openings that may occur at their grade levels.  Full-paying students are accepted initially, and if adequate space remains on June 15^th, new students on the aid program are added.  If adequate space does not remain in your child’s grade, you will be given the option of paying full price before your spot is forfeited.

6.    Final Aid award determination is contingent upon review of your child(ren)’s final grades and conduct record for the 2009-2010 school year to determine if they meet the requirements for an aid award.  

7.    Aid will be awarded based on the order in which completed applications are received.  Once the funds allocated for aid have been awarded, there will be no more aid available unless private donations are made to the fund.

8.    If your child, in Grades 9 – 12, wants to participate in athletics, you must have completed your tuition aid process and signed a Contract of Enrollment with us by September 1^st in order for your child to participate in athletic contests.

9.    Other factors which influence the decisions on whether applicants will receive aid include the parent(s’) demonstrated willingness to seek other financing for tuition expenses and their demonstrated stewardship of their income.

10.  Should an applicant not receive aid and/or chooses not to send their child(ren) to the Academy at the full tuition rate, all tuition and the registration fee paid will be refunded; however the $100 application fee, $25 FACTS processing fee and $75 testing fees are non-refundable.

11.  All families on aid are required to pay the full cost of any class trips that are a part of their child’s grade level curriculum.  This includes, but is not limited to, the 4th grade Austin trip, 7th grade Texas History trip and the 6th grade Outdoor Science trip. 

12.  Eligibility for the aid program is reevaluated each year.