Tuition
Terms
The mission of The River Academy is to partner with parents in educating their children to become the next generation of Christian leaders, equipped to shape culture through faithful, wise, and joyful Christian living. In order to accomplish this task, it is important that all financial arrangements are clearly understood. The following sections outline the financial terms and conditions of education at The River Academy.
In order to provide a Thoroughly Christian, Innovatively Classical, Boldly Joyful, and Intentionally Relational education for your student(s), The River Academy makes year-long financial commitments, such as teacher salaries, curriculum, and building improvements based on the number of enrolled students. By enrolling your student(s), we ask that you also make a year-long financial commitment to tuition payments.
The River Academy has partnered with FACTS Tuition Management to process all tuition and fees. Each family will select a tuition payment plan schedule at the time of enrollment.
The River Academy is a Continuous Enrollment school. This simply means that once your student enrolls, they continue to be enrolled until you tell us otherwise. The Tuition Deposit will hold your students' grade place for the upcoming school year. Each year, families will be given the opportunity to notify the school of a withdrawal for the upcoming school year by submitting a withdrawal via their FACTS account. Tuition and fees must be current to ensure your student’s place.
Continuous enrollment also means that your FACTS tuition payment plan is continuous. Your payment schedule continues from year to year unless you request a change.
Fees
Tuition Deposit: $500.00 per student is billed to your FACTS account after the withdrawal deadline (January 31st) to re-enroll your student and hold your student's grade placement for the upcoming school year (up to $1,000 per family).
For re-enrolling families, the deposit will be credited back to your FACTS account for a reduction of tuition owed in September if your child is still enrolled when school starts.
Application Fee: $200.00 one-time fee, per student, payable at time of application (NOTE: If a student is denied enrollment, $100.00 of the application fee is refundable).
Enrollment Fee: $200.00 one-time fee, per student, payable at time of enrollment.
All Students: A book fee of $300.00 per student is billed to your FACTS account July 1st each year. All books and materials purchased remain the property of The River Academy.
Extra-Curricular Fees: These fees are billed on a per-user basis.
Tuition
Prepaid Tuition: Billed yearly in July. Families who pay their tuition in full by July 5th will be given a 2.5% discount off their total tuition. Tuition is non-refundable.
12 Tuition Payments: Billed monthly, July through June on either the 5th or 20th of each month. Tuition is non-refundable.
Tuition Assistance: The River Academy desires to be available to students who could otherwise not have access to private education. For more information, please see tuition assistance on this website.
