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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. Dialectic & 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 application/re-enrollment fee per student with a $200 maximum per family. The re-enrollment of currently enrolled students normally takes place in January. (Registration Form)

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 5th: 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 Students whose accounts become two months past due will be administratively withdrawn and their place made available to those on the waiting list.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 2012~2013 Academic Year

There is a $500 non-refundable tuition deposit per enrollment contract due at contract signing.

Option A: Full Tuition Payment Plan (11 payments by bank draft only) June 5, 2012 through May 5, 2013 – No monthly tuition is assessed during the month that contract deposits for the following academic year are due.
Grade Total Tuition Contract Deposit Due Monthly Payment
K $6760 $500 $6260 $569
1-5 $7760 $500 $7260 $660
6-8 $8950 $500 $8450 $768
9-12 $8990 $500 $8490 $772
Option B: Lump Sum Discounted Payment (Pay in full by 6/5/2012)
Grade Total Tuition Contract Deposit Discount for Lump Sum Payment Lump Sum Due June 1st
K $6760 $500 $188 $6072
1-5 $7760 $500 $218 $7042
6-8 $8950 $500 $254 $8196
9-12 $8990 $500 $255 $8235
Tuition Insurance Premiums: The premium rate is 3.5% of the annual charges. One time premium payment is due on or before June 5th, 2012.
Grade Premium for Full Tuition Premium for Lump Sum Discounted Tuition
K $236.60 $230.02
1-5 $271.60 $263.97
6-8 $312.25 $304.36
9-12 $314.65 $305.73

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 ISM (Independent School Management), an independent, outside source to assist in determining need. The general process for applying for financial aid is outlined below.

  • Parents must fill out an application for financial aid on-line.
  • For further assistance see this Parent User Guide.
  • Parents submit the application form to ISM/FAST (Independent School Management) 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.)
  • The Business Manager of Caldwell Academy will determine financial aid based on the amount recommended by ISM/FAST, 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.
  • The deadline for the 2012-2013 school year is February 15, 2012. Caldwell’s school code is 1760.