Tuition and Fees/Schedule

School Year 2016-2017

Registration:

For New Students  For returning students or students 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

 

Category III:

General Tuition Rates – Diplomat / Embassy Workers, Business Workers, Secular NGO Workers 

Level  Tuition  Capital Fee
Pre-School   $1,646  $560
Elementary K-5  $8,750 $4,120
Middle School 6-8  $9,735 $4,120
High School 9-12 $10,511 $4,120

 

Financial Assistance Program is available for qualified Category III 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. Please contact us if you need further information.

 

Reduced Tuition Rates

Category I:

Evangelical Missionaries

Level Tuition Category Capital Fee
Pre-School $823

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

$ –

$28

$56

$84

$112

$168

Elementary K-5 $2,827

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

$ –

$140

$168

$280

$560

$1,120

 Middle School 6-8 $3,245
High School 9-12 $3,574


Category II:

Full Time Pastors, Full Time Bible /Seminary Students, Tentmakers, Guest Students, Former Students, Children of Alumni, Full Time Christian Workers, NGO Workers (evangelical mission statement)

Level Tuition Capital Fee*
Pre-School $949 $224
Elementary K-5 $3,252 $1,120
Middle School $3,732 $1,120
High School $4,111 $1,120

Tuition/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, 2016 – payment #1–25% 
  • October 1, 2016 – payment #2–25%
  • January 1, 2017 – payment #3–25% 
  • April 1, 2017 – payment #4–25%

 

Monthly** (M)

If you wish to make monthly payments this schedule must be followed. The schedule will keep your family on target for the minimum payment due which is 25% before the start of each quarter.

  • July 15, 2016 — payment #1–20% 
  • August 1, 2016 — payment #2–10% 
  • September 1, 2016 — payment #3–10% 
  • October 1, 2016 — payment #4–10% 
  • November 1, 2016 — payment #5–10%
  • December 1, 2016 — payment #6–10% 
  • January 1, 2017 — payment #7–10% 
  • February 1, 2017 — payment #8–10% 
  • March 1, 2017 — payment #9–10%

 

**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, 2016 and 10% on or before the first of each month August 2016-March 2017. 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.

For those families who may want to take advantage of discounts for early payments, the following applies. Paid in full by August 1, 2016 will be 3% discount. Payments of 50% on August 1, 2016 and January 1, 2017 will have a 1% discount applied to each payment.

 

*In the event a payment is more than 30 days overdue, a 2% penalty will be assessed to that amount of tuition and other school related fees that are determined to be overdue. The Quarterly payment schedule is used when determining overdue payments.

 

Transportation

 

Zone 1 Brookside, Kaytikling, Valley Golf, Maharlika, Ridgemont, APNTS, Admiral Village, Gregoria Subd, Taytay $1,265.00
Zone 2 Riverside, Imelda Ave., Masinag, Village East, Green Park, Vista Verde, Town & Country, Filinvest East, Francisville, Kingsville $1,520.00
Zone 3 Nayong Silangan, Antipolo, Imperial, Cristimar, Beverly Hills, Fairmount, Lores, Ynares, Evergreen, La Mirasol Village, Bankers $1,613.00
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 $1,706.00
Zone 5 Scout Area, Teacher’s Village/UP Village, New Manila, Greenhills, Horseshoe, New Tribes, Shaw Blvd., Wack-Wack, Panay Ave. $1,848.00
Zone 6 Philam, Pag-asa, Tandang Sora, Batasan, Ciudad Regina, Filinvest, Metroheights, Old Balara, Pentagon Homes $1,981.00
Zone 7 Makati, San Lorenzo, Forbes, Legaspi Village, Salcedo Village, Dasmarinas, Bel-Air, Urdaneta, Rockwell, Globe Tower Pioneer $2,145.00
Family Discounts for transportation are as follows: 1st & 2nd students 100% rate, 3rd student 75% rate, 4th or more students 50% rate. Students must be attending during the same school year.