Tuition and Fees/Schedule

School Year 2017-2018

Registration:

For New Students  For returning students or those families returning from furlough
$ 150.00 for each child  Due by January 30 $50 for each child
 (Application Fee)  January 31 – March 31 $100 for each child
 After March 31 $150 for each child
Seat Reservation: 
 For New Students $300.00 for each child non-refundable but part of payment of school fees

 

Category III:

All other students.

Level  Tuition  Capital Fee
Pre-School   $1,850  $500
Elementary K-5  $9,600 $3,500
Middle School 6-8  $10,610 $3,500
High School 9-12 $11,410 $3,500

Financial Assistance is available for qualified Category 3 students. Upon acceptance to Faith Academy, a family may apply for Financial Assistance by completing an application form and submitting to the Business Office. The Financial Assistance committee will review and make a determination as to the level of assistance a family may be qualified to receive. Financial Assistance must be applied for each school year and the application must be received by the stated deadline for that school year. Please contact us if you need further information.

Category III Families with multiple children attending and not receiving financial assistance are eligible for Academic Capital fee Discount. First Child pays 100%, Second pays 75%, Third pays 50%, Fourth pays 25%, Fifth pays 0%.

 

Reduced Tuition Rates

Category I:

The student is the child of an evangelical missionary. In principle, a missionary is one (1) who has left his or her home culture, (2) who has been commissioned as a missionary by an evangelical sending organization which has the purpose of proclaiming and demonstrating the Gospel and (3) whose household’s primary source of income is donations channeled through their organization.

Level Tuition Category Capital Fee
Pre-School $850

Full Time Staff Family

Part Time Staff Family

Mission Provides 5+ Full Time Staff

Mission Full-Time Full Time Staff

Mission Provides Part Time Staff

Mission Does Not Provide Staff

$ –

$30

$60

$90

$120

$250

Elementary K-5 $2,900

Full Time Staff Family

Part Time Staff Family

Mission Provides 5+ Full Time Staff

Mission Provides Full Time Staff

Mission Provides Part Time Staff

Mission Does Not Provide Staff

$ –

$150

$175

$300

$600

$1,200

 Middle School 6-8 $3,330
High School 9-12 $3,660

Part Time Staff Family (.40 – .90 FTE) In order to qualify for the Part Time discount on Capital Fees, the staff member must be working at least 40% time each week. This is similar to working at least two days per week or teaching two classes per day for 5 days each week. If the percentage worked is less than 40% the staff member will not receive the staff discount for capital fees. The discount applies to accepted staff members and is not intended for volunteers. For couples who have both been accepted by Faith Academy as staff members, one person must be working at least 40% to qualify for the Part Time discount.


Category II:

The student is one of the following who has demonstrated financial need: (1) the child of a full-time (40 hours/week) ministry worker who serves within his or her home culture or (2) the child of a full-time evangelical seminary student.

Level Tuition Capital Fee*
Pre-School $970 $250
Elementary K-5 $3,330 $1,200
Middle School $3,830 $1,200
High School $4,210 $1,200

 

Academic Tuition, Boarding, Transportation and Capital Fee Payment Options and Due Dates

 

Quarterly (Q)

For all families, the minimum due is 25% at the beginning of each quarter. Payments must be made on or before these dates.

August 1, 2017 Payment #1 25% January 1, 2018 Payment #3 25%
October 1,  2017 Payment #2 25% March 1, 2018 Payment #4 25%

 

Monthly** (M)

If you wish to make monthly payments this schedule must be followed.

July 15, 2017 Payment #1 20% December 1, 2017 Payment #6 10%
August 1, 2017 Payment #2 10% January 1, 2018 Payment #7 10%
September 1, 2017 Payment #3 10% February 1, 2018 Payment #8 10%
October 1, 2017 Payment #4 10% March 1, 2018 Payment #9 10%
November 1, 2017 Payment #5 10%

Annual**(A) or Semester **(S)

For those families who may want to take advantage of discounts for early payments, the following applies. Paid in full by August 1, 2017 will be 3% discount. Payments of 50% on August 1, 2017 and January 1, 2018, will have a 1% discount applied to each payment.

 

**Should you choose a MONTHLY schedule for payment, you need to make an initial payment of 20% of your annual fees on or before July 15, 2017 and 10% on or before the first of each month beginning Aug 1, 2017 and ending Mar 1, 2018. This will keep you within the payment guidelines, which state that fees for each quarter are due on the first day of each quarter. In the event you do not choose a payment plan, the quarterly plan will be chosen by default.

 

*Overdue Payment Penalty of 2% will be assessed to that amount of tuition and other school-related fees if a payment is more than 30 days overdue.

 

Transportation

 

Zone 1 Brookside, Kaytikling, Valley Golf, Maharlika, Ridgemont, APNTS, Admiral Village, Gregoria Subd, Taytay $1,347.00
Zone 2 Riverside, Imelda Ave., Masinag, Village East, Green Park, Vista Verde, Town & Country, Filinvest East, Francisville, KIngsville $1,619.00
Zone 3 Nayong Silangan, Antipolo, Imperial, Cristimar, Beverly Hills, Fairmount, Lores, Evergreen, La Mirasol Vill, Bankers $1,718.00
Zone 4 Valle Verde, Pasig, White Plains, Blue Ridge, St.Ignatius, Xavier, Loyola Heights, Monte Vista, Eastwood Libis, Corinthian Garden, Ortigas Center, Meralco Ave., Renaissance, Cinco Hermanos Marikina $1,817.00
Zone 5 Scout Area, Teacher’s Village/Up Vill, New Manila, Greenhills, Horsehoe, New Tribes, Shaw Blvd. Wack-Wack, Panay Ave. $1,968.00
Zone 6  Philam, Pag-Asa, Tandang Sora, Batasan, Ciudad Regina, Filinvest, Metroheights, Old Balara, Pentagon Homes $2,110.00
Zone 7 Makati, San Lorenzo, Forbes, Legaspi Vill, Salcedo Vill, Dasmarin as, Bel-Air, Urdaneta, Rockwell, Globe Tower, Pioneer $2,284.00
Family Rates for transportation are as follows: 1st & 2nd students 100% rate, 3rd student 75% rate, 4th or more students 50% rate. Students must be attending school during the same school year.