Financial Information

2008-2009 School Year

TUITION PAYMENT OPTIONS

Option 1: Payment in full
A single payment may be made payable directly to New Castle Christian Academy and paid on or prior to July 20, 2008.
 

Note: If payment is not received by the school on or before the due date,

payment must be made through FACTS with the option listed below.

Option 2: Eleven payments beginning July through FACTS
Automatic bank payments (ACH) through your checking or savings account may be made on either the 5th or 20th of each month. A $38.00 annual FACTS enrollment fee will be automatically deducted from your specified account.

 

SCHOLARSHIPS

Scholarships are limited to financial need and are awarded on a first-come, first-served basis. They are based on income as well as the number of students applying for the scholarship monies. Scholarships are never made for the full amount of tuition. If financial assistance is needed, please complete the enclosed application and return it to school by April 30, 2008. Enrollment packets must be on file in the school office in order to process your scholarship request. PROOF OF INCOME MUST ACCOMPANY THE SCHOLARSHIP APPLICATION. If funds become available, scholarships will be awarded in May. Scholarships are a donation from the Carolyn Knox Foundation and vary from year to year. A thank you note should be sent to the Caroline Knox Foundation for scholarship grants received. Notes sent to the school will be forwarded to the Foundation.
 

PTSF ACTIVITY FEE

The Parent Teacher Student Fellowship (PTSF) also has an annual activity fee of $50.00, which is included in the tuition. This fee funds various events/field trips throughout the year and is not an option.
 

DELINQUENT PAYMENTS

The following is a summary of procedures related to account delinquencies. Please read these procedures carefully so that you fully understand the consequences of overdue accounts. Any questions or discussions related to delinquent accounts must be directed to the School Administrator.

1. In the event a regularly scheduled payment is returned unpaid, the payer will receive notification from FACTS stating the missed payment will be reattempted, the specific date of the reattempt, and a reminder that a FACTS Returned Payment Fee will be processed automatically within 20 days of the return.

NCCA will watch the account to determine whether the second attempt is paid.

2. If the missed payment is again returned unpaid, the payer will receive another notification explaining tat the missed payment will be reattempted on their next regularly scheduled payment date along with any regularly scheduled payment and a reminder that another FACTS Returned Payment Fee will be processed automatically within 20 days of the return.

*If the FACTS Returned Payment Fee is returned by the payer’s financial institution unpaid, it will be reattempted as well.

NCCA will continue to monitor the account.

3. If the third attempt does not result in a payment, the account will become part of the Unresolved Balance on the Risk and Retention Report which is available online and will be faxed to the school twice a month. A letter is sent to the responsible party asking them to contact the school immediately to resolve the unpaid balance. A FACTS Returned Payment Fee will be processed again within 20 days of the return. (One will be assessed for the regularly scheduled payment as well.)

4. NCCA will contact the responsible party once two consecutive payments have been missed (third attempt). Options for resolving the missed payments include:

    a. Recalculate the remaining payments to include the missed payment amounts.
    b. Require the responsible party to pay the unresolved balance directly to the school.

        The school must then notify FACTS immediately to ensure the payer’s account can be

        credited properly.

5. If the agreed upon payment is not made directly to NCCA by the date set, or the recalculated payment is missed through the FACTS system, the student or students will be dismissed and FACTS will be notified to remove the account from the system.

Board approved August 2006.


Tuition for students enrolling after the start of the school year will be pro-rated on a per diem basis.

Any student from a school district on strike who enrolls after September 1 must pay for the full year upon enrollment.