Financial Agreement
Please prayerfully and carefully consider class selections, as registration is a firm financial commitment. Please sign the Financial Policy Payment Plan Options Form and return with your registration. Registrations cannot be accepted and students will not be placed in classes without this signed form. Students are automatically registered for a full school year.
Grace Academy Tuition
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K-5 Full-time Tuition $8,680
Tuition above is for 10 class periods. Students may take less, with an adjustment of $875 for each class period not taken.
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6-12 Full-time Tuition $10,490
Tuition above is for 10 class periods. Students may take less, with an adjustment of $1,050 for each class period not taken.
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Online Classes $1,050
High School Online Courses are $1,050 per course, with the exception of Core Math courses are $2,100 per class.
Costs of all textbooks, workbooks, lab and supply fees are the responsibility of the parent/student and are not included in tuition. Some classes without textbooks may be charged a customized material fee once class starts. These fees are non-refundable if you drop a class or withdraw.
K-12 Annual Registration Fee
Annual Registration Fee is $1,025 for one K-12 student. The annual registration fee includes additional administrative costs, on-site campus security, building maintenance, student records, end of year testing fee and one yearbook per student.
There is a discount for multiple students. The annual registration fee for two K-12 students is $1,420 (a savings of $630). The annual registration fee for three or more K-12 students is $1,650 (a savings of $1,425).
Other Fees (for High School Students only)
High School Lift-off Fee is $95. It is a required school day for 9th – 12th grade students. This one-day event (Friday, October 11, 2024) is a fun Christ-focused start to the high school year.
(For Seniors Only) Senior fee is $475 per senior student and includes graduation and other senior expenses (excluding transcripts) and is mandatory for senior students.
All administrative fees are non-refundable.
Switch Fee
A fee of $100 per class period switch will be charged. All switches are dependent upon administrative approval and class availability. You may not switch classes between siblings. If the student schedule is changed to add classes, a switch fee will not be charged. If a class switch is needed for class level placement at the request of a teacher or administration, no class switch fee will be charged. Class switch fees are due at the time of the class switch and are non-refundable.
Sports Fee
Policy Note
The Grace Academy Financial Policy applies to all students, including those who receive the Opportunity Scholarship. If you receive the Opportunity Scholarship, you must also sign the Understanding the Opportunity Scholarship at Grace Academy form.
Please remember you are committing for the full-school year when you register. There is a partial refund if you drop a class or withdraw by December 15, 2024. Please see Policy for Dropping a Class or Withdrawing from Grace Academy on Page 2.
Payment Plan Options
We accept cash, checks (after 8/1 we only accept a certified check), debit and credit cards. (A 3% convenience fee is added for all card payments.)
Plan A
Pay in full at the time of registration for each student.
Plan B
Pay 40% of the total tuition and fees at the time of registration and pay the balance of tuition in equal monthly bank draft installments by December 15, 2024.
Plan C
Pay 30% of the total tuition and fees at the time of registration and pay the balance of tuition in equal monthly bank draft installments by March 15, 2025.
Payment Notes
When a class period is added after registration, a deposit based on your original payment plan a new bank draft. A deposit based on your original payment plan is required, if not paid in full. The number of draft payments is dependent upon the plan selected and your registration date. Students will be placed on a class roster for the 2024-2025 school year as soon as the registration deposit is paid and the family’s 2023-2024 account status is current.
Policy for Dropping a Class Period or Withdrawing
Dropping a class or withdrawing from Grace Academy will result in the following partial credit to your account for the cost of each class dropped or total amount of annual tuition and all fees if withdrawing from the school. If you account is paid in full this credit will be refunded to you.
- Drop class or withdraw by 8/15/24 – lose 30%
- Drop class or withdraw by 9/15/24 – lose 40%
- Drop class or withdraw by 10/15/24 – lose 50%
- Drop class or withdraw by 11/15/24 – lose 60%
- Drop class or withdraw by 12/15/24 – lose 70%
- No refund after 12/15/24.
Draft Payments
Draft payments are a benefit and convenience provided at no cost. In the event of a bank draft default, a family will have ten days to being their Grace Academy account current during which time their student may attend class. After ten days, if account is not current, student(s) will not be allowed to return until account is current.
Draft payments will not be stopped until the account is paid in full. If a class is dropped or a student withdraws the prorated amount will be applied to your account, if applicable. You may still owe money depending on what you have paid and when you drop a class or withdraw. You are responsible for the full amount of tuition and fees that you selected at registration not just what you have paid to date. If you have paid more than the prorated amount applied to your account, a refund will be issued. There will be no refund if a student is expelled or dismissed at any time during the school year. The full amount of annual tuition and fees is owed, if not already paid. No transcript or student records will be released on non-returning students until their account balance is paid in full.