Tuition and Fees Payment Policies
The following excerpts from the Ancona Student Enrollment Contract are provided for the purpose of transparency regarding the school’s tuition and fee payment policies. These excerpts do not constitute the full terms of the Enrollment Contract. The terms and conditions set forth in the executed Enrollment Contract are legally binding, whereas the information provided below is for informational purposes only and does not create any contractual obligations.
Tuition and Payment Plan
The Parent/Guardian hereby agrees to pay the required annual tuition listed below plus any additional fees incurred in the course of the school year, in accordance with the Payment Plan selected below.
The Parent/Guardian acknowledges and agrees that tuition will be paid to Blackbaud Tuition Management, a third-party tuition management company. The Parent/Guardian acknowledges and agrees that, in addition to the payment of tuition installments, the Parent/Guardian will be liable for an annual processing fee payable to Blackbaud Tuition Management in the amount of $54.
If you choose the 1-month payment plan (due in May), you will receive a 2% discount.
If you choose the "Monthly" payment plan, your 9 installments will be due May through January.
A 2.85% processing fee will be applied to credit card payments. To avoid this fee, you may choose the "Automatically debit my bank account" payment method on Blackbaud Tuition Management.
Withdrawal
Parent/Guardian acknowledges and agrees that, in the event the Parent/Guardian withdraws the Student from the School, the Parent/Guardian will be liable for:
- 50% of the annual tuition and fees plus the non-refundable deposit if canceled on or before the 45th calendar day after the contract is accepted by the school.
- 75% of the annual tuition and fees plus the non-refundable deposit if canceled between the 46th and 90th calendar day after the contract is accepted by the school.
- 100% of the annual tuition and fees plus the non-refundable deposit if canceled on or after the 91st calendar day after the contract is accepted by the school.
Nothwithstanding the above, regardless of the date the school accepts the contract, the Parent/Guardian will be liable for 100% of the annual tuition and fees plus the non-refundable deposit if the Parent/Guardian withdraws the Student from the School after the first day of school.
Notification of withdrawal must be made in writing to the Business Office at business_office@anconaschool.org Refunds, if any, will be paid by the School within 60 days of receipt by the School of notification of the Student’s withdrawal.
Addendum I
The Ancona School is a small institution and relies on prompt, full payment of all tuition and fees in order to operate. To facilitate efficient payment and collections, the School uses BlackBaud Tuition Management as a third-party payment processor/biller and has established standard collection policies and procedures as outlined below.
Tuition and Fees Payment Plans
Annual Payment Plan: A 10% deposit of the full tuition along with the signed Enrollment Contract (that reflects any Tuition Assistance Award), is due by contract due date. Submissions after due date are subject to available space as determined by the School and payment of a late fee of $500. The balance of your tuition will be due on May 1, or if your child is starting mid-year, before their start date as specified in the payment plan section. You will receive a 2% discount, which will be applied after your enrollment contract has been accepted.
Monthly Payment Plan: Tuition is divided into one down payment and nine monthly payments. A 10% deposit of the full tuition along with the signed Enrollment Contract (that reflects any Tuition Assistance Award), is due by contract due date. The balance of tuition due is spread across nine (9) equal installments due on either the 1st or 16th of each month beginning in May and ending in January. If your child is starting mid-year, tuition is spread in equal installments as indicated in the payment plan section. Tuition payments received five (5) or more calendar days after the due date in any given month are regarded as delinquent and will be assessed a $55 late fee for each month the account remains delinquent.
Progressive Collections Process:
- If a family misses one payment (account 30 days past due), BlackBaud Tuition Management will send a notice of delinquency.
- If a family misses a subsequent tuition payment (account 60 days past due), the family must initiate an in person meeting with the School’s Business Manager to discuss payment arrangements. The meeting will result in a written plan signed by the family and Head of School documenting payment arrangements to bring the account current. If the family fails to initiate the meeting, the School reserves the right to suspend the student from classes until a written payment plan has been approved by the Head of School.
- If the family misses a subsequent tuition payment (account 90 days past due) or an agreed-upon payment outlined in an approved plan (described above), the student will be suspended from classes until the tuition account is brought current. If tuition is delinquent at the time of re-enrollment, the School reserves the right to withhold re-enrollment contracts until the account is paid in full or a signed payment plan agreement is in place. If tuition is delinquent at the end of the School year, registration for the summer program will not be permitted.
Students will not be allowed to sit for exams, or obtain report cards, transcripts, or diplomas until the tuition bill is brought to a current status. Students will not be allowed to start School in the fall if the previous year's tuition is not paid in full or addressed under a signed payment plan agreement. If tuition payment remains delinquent even after the above measures, the School will refer the matter to an appropriate collection representative(s).