Tuition

Tuition covers all costs except the application/re-enrollment fee, uniforms, general supplies, and extracurricular activities. Grammar School tuition includes all “day” field trips. Dialect & Rhetoric School field trips are billed separately from tuition. Tuition is collected in order to fulfill the majority of expenses incurred in the school's operational budget, including mortgage payments. The intent of tuition charges is to offer an excellent educational program at a price affordable to most middle or higher income families. Assistance may be made available for families based upon their financial need.

Application/Re-enrollment Fee (non-refundable)
All new applications and yearly re-enrollment of currently enrolled students must be accompanied by a $100.00 application/re-enrollment fee per student with a $200.00 maximum per family. The re-enrollment of currently enrolled students normally takes place from December through the first of January, with new applications received beginning mid-January. 75% of the application fee is refunded only if Caldwell does not offer admission by August 1st. If parents withdraw an application or decline to go forward in the steps of the admission process no refund is made. With such a withdrawal the application process is terminated and there is no carry over to the next year.

Tuition and Fees
All tuition and fees are due in advance, payable on or before June 1. Monthly payments are payable by bank draft only and will be drafted on the 5th of each month . All lump sum tuition payments should be sent to Caldwell's mailing address before or on June 1st: 2900 Horse Pen Creek Road, Greensboro, NC 27410. A $25.00 fee is assessed for all tuition drafts rejected for non-sufficient funds. If payment is not received by the end of the month an additional $25.00 late fee is assessed. Students whose accounts become two months past due will be administratively withdrawn and their place made available to those on the waiting list. No activity towards payment in 3 months results in the account being reported to the credit bureau and a collection agency. In such cases, the entire balance of tuition and fees becomes payable and due immediately. Any family facing an unexpected financial emergency should contact the Head of School in order to avoid a record of tuition delinquency. Caldwell Academy wants to be sensitive to hardship and surprises that interrupt timely tuition payments.

Tuition Payment Options for 2008~2009 Academic Year
There is a $500 non-refundable tuition deposit per enrollment contract due at contract signing.

Financial Aid:
Caldwell Academy operates on an annual budget based on tuition revenues. However, Caldwell recognizes that there may be families who would like to attend Caldwell but are financially unable. Therefore, each year Caldwell allocates a specific and limited amount of funds designated to assist qualifying families. Caldwell uses FFNA (Family Financial Needs Assessment), an independent, outside source to assist in determining need. The general process for applying for financial aid is outlined below.

1. Parents must fill out an application for financial aid (available
   from the school office).
2. Parents submit the application form to FFNA (Family Financial Needs Assessment) along with the previous year’s tax return. The deadline for submission of the FFNA application will coincide each year with the deadline date for re-registration of currently enrolled students. There is a non-refundable processing fee (additional fee for fast response request).
3. The Head of School of Caldwell Academy will determine
   financial aid based on the amount recommended by FFNA, divided proportionately to individual families, up to the amount of money reserved for aid that school year. Families will be informed of tuition assistance amounts along with enrollment contract distribution.