Tuition
Choosing an independent school is an investment in your child’s future. A few of the many advantages of sending your child to an independent school are high academic standards, individual attention, an inclusive environment, and a lifetime of dividends. See below for Beaufort Academy's flexible tuition options.
TUITION PAYMENT PLANS
We offer flexible payment plans to meet each family's needs. Monthly payments will be divided into twelve equal installments starting May 1, 2024 through April 2025. If you sign a contract after May 1, billing will start the month of signing a contract and tuition will be divided equally until the last payment in April 2025.
- PLAN A (ANNUAL)
- Tuition billed on May 1, 2024 and must be paid in full by May 30, 2024 or signing of contract.
- 2% Discount on annual tuition if paid in full by December 15, 2023.
- Tuition Refund Insurance is optional, but recommended.
- If balance is not paid by May 30, 2024, Tuition Refund Insurance will be charged to the contract.
- PLAN B (SEMI-ANNUAL)
- Tuition billed on May 1, 2024 with half tuition due May 30, 2024, and balance paid in full by November 30, 2024.
- Tuition Refund Insurance is required, and must be paid in full by May 30, 2024 (or month of enrollment).
- Auto-draft payments are required and account information must be on file in the Business Office.
- PLAN C (MONTHLY)
- Tuition billed in equal installments beginning May 1, 2024 (or month of enrollment) through April 30, 2025.
- Tuition Refund Insurance is required, and must be paid in full by May 30, 2024 (or month of enrollment).
- Auto-draft payments are required and account information must be on file in the Business Office.
PAYMENT OPTIONS
- Beaufort Academy accepts Visa, MasterCard, Discover, cash, check and qualified 529 savings plans for payment.
- Payments can be set up to draft your bank account monthly using an ACH checking account or credit card.
- ACH checking payments incur a .50 processing fee per transaction.
- Credit card payments incur a 3% processing fee per transaction.
- A 1.5% late fee will be assessed monthly on any past due amounts. Refer to the Delinquent Tuition & Fees Payment Policy for more details and policies.
TUITION REFUND INSURANCE
Your financial obligation to the school is for the full annual tuition as stated in your enrollment contract and may not be cancelled if your student withdraws at any time. The school cannot refund any paid tuition or cancel unpaid obligations if your child withdraws for any reason during the academic year. In the event of a covered withdrawal or dismissal, Tuition Refund Insurance will pay benefits (subject to the terms of the policy and the amount insured) to the school, which provides substantial assistance in meeting your financial obligation. Tuition Refund Insurance is effective for the entire academic year after meeting the fourteen-day attendance requirement. Please note; enrollment fees, deposits, tuition or fees paid upon withdrawal are non-refundable.
Tuition Refund Insurance is required for Payment Plans B and C (optional for Plan A). Tuition Refund Insurance is 1.8% of the full tuition rate and will be billed to your account on May 1, 2024 and must be paid in full by May 30, 2024 or time of enrollment. If you selected ACH, tuition refund insurance will automatically be charged with your May 2024 tuition payment. If on Plan A, and your balance is not paid by May 30, 2024, Tuition Refund Insurance will be automatically charged to the contract and must be paid immediately.
FINANCIAL AID
Tuition assistance may be granted to qualified families for students rising Kindergarten through 12th grade who demonstrate academic promise and financial need. Financial aid does not apply to Preschool tuition. If you feel you need financial assistance, please contact the Admissions Office before applying for aid.
Financial aid grants are awarded on an annual basis. The application process must be repeated each year a student is enrolled at BA, at which time the Financial Aid Committee evaluates the student’s academics, disciplinary, and other records at school. Normally, a family should expect that financial aid will be continued through a student’s career, but the Financial Aid Committee is empowered to increase or reduce the amount of the annual award based on changes in the family’s financial status, the student’s performance at BA, or both. Unfortunately, our funds are not limitless so it is given on a first-come, first-served basis following deadlines for the school year.
Your financial obligation to the school is for the full annual tuition as stated in your enrollment contract and may not be cancelled if your student withdraws at any time. The school cannot refund any paid tuition or cancel unpaid obligations if your child withdraws for any reason during the academic year. In the event of a covered withdrawal or dismissal, Tuition Refund Insurance will pay benefits (subject to the terms of the policy and the amount insured) to the school, which provides substantial assistance in meeting your financial obligation. Tuition Refund Insurance is effective for the entire academic year after meeting the fourteen-day attendance requirement. Please note; enrollment fees, deposits, tuition or fees paid upon withdrawal are non-refundable.
Tuition Refund Insurance is required for Payment Plans B and C (optional for Plan A). Tuition Refund Insurance is 1.8% of the full tuition rate and will be billed to your account on May 1, 2024 and must be paid in full by May 30, 2024 or time of enrollment. If you selected ACH, tuition refund insurance will automatically be charged with your May 2024 tuition payment. If on Plan A, and your balance is not paid by May 30, 2024, Tuition Refund Insurance will be automatically charged to the contract and must be paid immediately.
FINANCIAL AID
Tuition assistance may be granted to qualified families for students rising Kindergarten through 12th grade who demonstrate academic promise and financial need. Financial aid does not apply to Preschool tuition. If you feel you need financial assistance, please contact the Admissions Office before applying for aid.
Financial aid grants are awarded on an annual basis. The application process must be repeated each year a student is enrolled at BA, at which time the Financial Aid Committee evaluates the student’s academics, disciplinary, and other records at school. Normally, a family should expect that financial aid will be continued through a student’s career, but the Financial Aid Committee is empowered to increase or reduce the amount of the annual award based on changes in the family’s financial status, the student’s performance at BA, or both. Unfortunately, our funds are not limitless so it is given on a first-come, first-served basis following deadlines for the school year.
DEADLINE TO APPLY FOR ASSISTANCE
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- Current family priority review: November 1, 2023 - December 31, 2023
- New applicants: January 1, 2024 - August 1, 2024 (based on available funds)
For detailed information regarding financial aid, please visit our site here.
