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All parents of enrolled children have signed a contract for the entire school year. You will be held to the agreement if a space has been reserved for your child. Report cards will not be issued at the close of any quarter of the school year or at the end of the year if your account is not paid in full. B. Tuition The signed contract is for the full school year and is payable by the year, the semester, or in ten (10) equal payments. The non-refundable deposit (one-tenth of the annual tuition/Extended Care fee) and the re-registration fee ($75 per year) are due with the enrollment contract. Contracts become enforceable for the full year on June 1st. The second tuition payment is also due June 1st; and the remaining eight (8) payments are due each month August through March. C. Smart Tuition Management Program Grace Episcopal School participates in the Smart Tuition Management Program. The program is designed to increase the efficiency and accuracy of monthly tuition payments, including Extended Care fees. The program is mandatory for all families who pay tuition on a monthly basis. Enrollment forms for each family will be distributed in the early spring of each year, and must be returned to the office by June 1. Tuition must be paid in a timely manner. If this tuition policy is not followed, your child may not be allowed to attend school until the delinquency is paid in full. Tuition for the 2008/2009 school year is as follows:
Extended Care Fees are as follows:
Supply/Activity Fee are due June 1 and are as follows: Preschool and Junior Kindergarten: $815
per year “Drop In” Extended Care fees are as follows. All drop-in arrangements require advance notice and are granted based on space availability. Morning Extended Care (7:30 – 8:30 a.m.) $ 14 per day D. Accounts Please call the school office or Smart Tuition (1-888-868-8828 or parents@smarttuition.com) directly if you wish to discuss your account. Good communication between parent and office staff can help avoid confusion. Any discussion concerning financial matters is confidential. Please note that cash payments are not accepted in the school office. Discounts are given for paying the entire annual tuition by July 1st - $250 for Preschool and Junior Kindergarten, and $500 for Kindergarten through Grade 5. For the 2008/2009 school year, a 10% sibling discount is offered to the younger sibling(s) of a current student. A 15% parishioner discount is offered to children of Grace Church parishioners. The sibling and parishioner discounts may not be combined. F. Fees Late fees: Parents will be charged an Extended Care "Drop-In" fee when they are late picking up children from school. After 12:05 p.m., children will be sent to "Lunch Bunch" Extended Care and parents will be charged $36. After 3:20 p.m., children will be sent to After School Extended Care and parents will be charged $16. After 6:00 p.m., parents will be charged $15.00 for the first five (5) minutes they are late picking up their children, and an additional $5.00 for each five (5) minutes after 6:05 p.m. Please be courteous by calling the Extended Care staff if you are going to be late picking up your child. Milk Fee: Milk for Kindergarten - Grade 5 children is available for a fee of $70 per year. This price is subject to change during the school year. The milk is delivered by a local dairy and is a half-pint carton of 1% or 2% low-fat milk. Returned Check Fee: Checks returned to the school by the bank, for whatever reason, are subject to a charge of $20. If the check cannot be re-deposited or is not replaced within ten (10) days, your account will be subject to late payment charges. Late Payment Fee: A charge of 5% of the tuition/Extended Care payments will be applied to payment if 15 days late. A 10% charge will be added to the balance of all delinquent accounts after 30 days. Registration/Re-enrollment Fee: Registration and/or Re-enrollment is completed annually. A $75 non-refundable fee is due with your application/re-enrollment contract during the January/February re-enrollment period prior to the next school year. Special Fees: Parents will be advised of optional special fees (e.g., school pictures, book clubs, etc.) through notices sent home with the children. Payments of special fees should be given to the child’s teacher who will keep a record of payments. Please do not send cash. Do not include these items on your tuition check. Book order checks should be made out to the specific book club unless your child’s teacher sends other directions. Awards are based on need as determined by the impartial judgment of Student and School Service for Financial Aid of Princeton, New Jersey. All aid decisions are independent of admission decisions. For families who do not qualify, we offer a variety of tuition payment plans through the Smart Tuition Management program. Please contact the Admissions Office to receive a financial aid application. All applications for financial aid for 2009/2010 must be submitted to SSSFA by February 5, 2009. Current financial aid recipients must reapply each year. All information is confidential. H. Tuition Refund Insurance/ Withdrawal from Grace Episcopal School The enrollment contract is a legally binding document and parents are responsible for payment of a full year’s tuition. No portion of tuition or fees, paid or outstanding, will be refunded or cancelled in the event of a student’s withdrawal from Grace Episcopal School. Because of this, participation in the Tuition Refund Plan is mandatory for all students who pay tuition on a monthly basis. A copy of the plan is provided to every family. In the event of withdrawal or dismissal, a portion of the tuition will be covered by the Tuition Refund Plan, with the remaining portion due immediately from the parents. The School reserves the right to withhold the student’s final grades and transcripts until the student’s parents have met all financial obligations to Grace Episcopal School. The School Board will pursue full payment in the event of a withdrawal. I. The School’s IRS Tax Identification Number (TIN) is: 54-0696099 NOTE: Check with your tax consultant to see what before and after school care may be deducted as Dependent Care Expenses. |
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