Tuition & Fees

Tuition

Early kindergarten

Tuition is $4048 for the 2016-2017 school year. Students in this group attend school from 8:30 AM – 11:45 AM, with many students staying for lunch.

K-8th Grade

Tuition is $8096 for the 2016-2017 school year. Students in grades K-2 attend school from 8:30 AM – 3:35 PM. Students in grades 3-8 attend school from 8:30 AM – 4:10 PM.

Payment Options

Option 1: Full semester or year in advance

Families can pay tuition by online payments (QuickBook Payments accessed from the annual/biannual invoices, or ACH). We offer a 2% discount for tuition payments covering a full semester or year.  We do not currently offer credit card payment because of the merchant fee it entails.

Option 2: monthly payment plan

Families can pay tuition by automatic scheduled monthly payments (preferred), by online payments (QuickBook Payments accessed from the monthly invoices, or ACH).  We send invoices on the 1st of each month, with dues dates of the 15th of the month.  We do not currently offer credit card payment because of the merchant fee it entails.

Fees

Except for what is listed below, we have no extra fees for books, other supplies, and class activities, including science demos, art, etc.  Some events or expenses are optional – pizza for students on Fridays and field trips with significant travel expenses.

Admissions application fee

The current fee is $25. This will increase to $50 when we begin accepting online student applications on March 1, 2017.

Annual shared supplies

  • 2 glue sticks, please, not 3M brand
  • 20 wooden #2 graphite pencils, these should preferably be Ticonderoga. Definitely NOT Staples or any “bargain” pencils as the leads to break too easily.
  • Scotch tape, 1 roll
  • 2 packages copy paper, at least 500 sheets/package
  • At least 4 dry erase markers, nothing “fancy” please
  • 2 rubber erasers
  • Tissues, at least 3 boxes of 100

If you don’t have time to do the shopping we also need the following supplies, of which you could buy ~$20 worth. Please check at school to see which of these we still need.

  • Toilet paper
  • Paper plates
  • Refill of hand soap (not antibacterial)

Loan surcharge fee: $102/year

Explanation: We have a lease on the beautiful building in which we operate, the former Preston Contemporary Art Center.  Owner Tinsley Preston is understandably concerned about the condition of his building, so a condition of our lease is that we maintain a $50,000 damage deposit in an escrow account with Edward Jones.  Parents of students, a teacher, and a board member invested $26,500 in this account, with the expectation of a full return and some interest.  The remainder of the amount is covered with a 3-year loan, nearly interest-only, from Bank ’34 in the name of the Academy.  This cost is recovered as a small surcharge of about $110 on tuition for children of parents who have not invested in the account.  An investment of $1,500 or more by a parent cancels the surcharge.  We have a disclosure statement available for you to view if you wish to invest.

Scholarships

We offer a small number of need-based scholarships. Applications, available here, are evaluated by a scholarship committee. Our Head of School, Dr. Lou Ellen Kay, can confer with you in advance if finances are critical in considering enrolling your child.