Tuition

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COLLINSVILLE CHRISTIAN ACADEMY
2011-2012 FINANCIAL CONTRACT

REGISTRATION FEE:
Returning Student paid by 5/30/11               $75
Open Enrollment (includes new student)     $200

FEES:                                                     K4-K5         1st-4th     5th-12th
Books & Educational Supplies                         $100       $225       $325
Building Use & Activity Fee                            $200       $200       $200
Graduation Fee                                           $35                      $50

PAYMENT PLANS for B.E.B.A. (Book, Educational Supplies, Building Use, & Activity) FEES:
Please check which plan you choose:
_____ Option A                 Full amount due by 1st day of school
_____ Option B                 Divide into 2 equal payments (Aug. & Jan.) with a $20 processing fee   
                                     added to each payment
_____ Option C                If paying tuition via EFT, 20% due by 1st day of school
                                    with remaining 80% divided evenly among Aug-May payments

TUITION RATES:                                         K4-K5         1st-4th     5th-12th

bullet            1st Child             $3,400     $3,400     $3,700
            2nd Child (80%)   $2,720     $2,720     $2,960
            3rd Child (60%)   $2,040      $2,040     $2,220
            Additional Child     free         free         free

PAYMENT PLANS for TUITION:
Please check which plan you choose:

_____ Option 1                 Full amount due by Aug. 15 (or date of enrollment);
                                     Take a 3% discount
_____ Option 2                 Two payment option:
                                     50% due by Aug. 15 and 50% due Dec. 15
_____ Option 3                 10 equal monthly payments via EFT on the
                                     1st or 15th of each month. One time $35 set-up fee
_____ Option 4                 10 equal monthly payments via paypal, check or cash.
                                     Monthly billing fee $30 (chgd monthly)

bulletRegistration Fee is due with application and is non-refundable if student is accepted for admission.
bulletGraduation fees are due by April 1, 2012
bulletReturned check fee = $30.00
bulletInability to make a scheduled EFT transaction due to insufficient funds = $30.00
bulletLate fee for tuition not due by 10th of month = $25.00
bulletLate fee for B.E.B.A. fees not paid by the specified due date (Option B) = $30.00 (for each month they are late)

If a student is withdrawn during the year, the tuition obligation runs through the end of the month in addition to any outstanding fees.

THIS IS A FINANCIAL CONTRACT – Read carefully and sign. Keep a copy for your records.

Based on the information above, I realize that my registration, tuition and book fees are not refundable, and that the monthly tuition payments for my child are due on the first of every month. I also realize that if I withdraw my child from school during the year, I will be obligated to pay the full tuition for the month of withdrawal along with any outstanding book fees. I agree that the Bible commands believers to make every effort to live at peace and to resolve disputes in private or within the Christian community in conformity with the Biblical injunctions of I Cor. 6:1-8, Matt. 5:23-24 and Matt. 18:15-20. Therefore, I agree that any claim or dispute arising out of or related to this agreement shall be settled by Biblically based mediation.

________________________________________________

                                                                                    Parent or Guardian Signature