Education is an investment.
Education is an investment in your child’s future and it is a financial investment that requires a big commitment. We understand that and know the decision to attend a private school does not come lightly.
While Grace Preparatory Academy tuition currently ranges from $5,625 to $11,000, the average cost of educating a Grace Prep student is much higher. Thankfully, our parents, grandparents, alumni and other donors continue investing in the future of Grace Prep to offset the difference through our Generosity Opportunities.
We hope finances never deter anyone from experiencing what Grace Prep can do for their child(ren) and family. Please review the current tuition schedule below and let us know how we may best serve you!
Tuition Schedule 2019-2020
Please note: the following rates are updated annually. Tuition rates for 2020-2021 will be available soon.
Cost to Get Started at Grace Prep:
First, Submit Application Fee: $125 (per student), non-refundable
Next, Pay Family Capital Investment: $625 (per family), non-refundable, paid within 10 days of receiving offer of admission. Once the Family Capital Investment has been paid, the family will receive a link to enroll their student.
Finally, Pay Enrollment Deposit: $250 (per student), non-refundable, deducted from account via FACTS within 10 days of submission of enrollment packet, and applied towards 2019-2020 tuition.
New Family Capital Investment
A “new family” is defined as one who does not have a child currently enrolled at Grace Preparatory Academy in the 2018-2019 school year. The Family Capital Investment of $625 is to be paid when a family enrolls its child(ren) and is not to be confused with the Enrollment Deposit which is applied toward the total annual tuition. The Family Capital Investment is a one-time-only, non-refundable charge and is independent of the number of children enrolled in the school. The Family Capital Investment covers maintenance and improvement of our facilities, including work such as painting, landscaping, carpet replacement, and classroom, playground, and field repairs. Grace Prep Alumni families are exempt from the Family Capital Investment.
Unlike most private schools, Grace Prep practices an all-inclusive tuition structure, not charging families extraneous monthly fees for continuous enrollment, technology, facilities, extra-curricular activities, class trips, and various other expenditures. Also, Grace Prep doesn’t charge a surcharge to families who take advantage of our monthly payment plan option. Furthermore we assist families by offering multistudent, prepay discounts and ministry discounts.
2019-2020 Tuition Payment Plans Available
1. Annual Payment Plan
Full tuition balance is due in one payment at the time of enrollment. Families who pay tuition in full at time of enrollment will receive a 2% discount. Discount credit unavailable after April 30, 2019.
2. Semi-Annual Payment Plan
Two (2) equal payments. Payment due at the time of enrollment and January 1st.
3. Quarterly Payment Plan
Four (4) equal payments. Payment due at the time of enrollment, October 1st, January 1st and March 1st.
4.Monthly Payment Plan
Option A: 10 monthly payments. Payments begin August through May
Option B: 12 monthly payments. Contact Business Office for eligibility and details. (Note: Must enroll prior to May 15th to be eligible for this plan).