Tuition and Expenses

Tuition 2008-09

Boarding	$42,910
Day	$34,700

Additional Expenses

Non-refundable registration deposit	$2,500
Phone and voicemail access for boarding students	$150
Books and studio fees	$500–700
Miscellaneous	$300–600

Tuition figures and expenses for 2009-10 will not be available until after February 1, 2009.

NOTE: In the student’s first year, the registration deposit will be retained by the school as a security deposit and will be refunded after the student leaves the school and the account balance has been paid in full. In subsequent years, registration deposits will be credited to the student’s account after the start of the school year.

Payment Plans

Concord Academy offers families three school-administered tuition payment plans:

• One-Payment Option—The full tuition is due on July 1. This plan includes a discount of $100.
• Two-Payment Plan—60 percent of the tuition is due on July 1, and the balance is due on December 1.
• Ten-Payment Plan—This payment plan, administered by Key Education Resources, requires ten monthly payments that begin in May of the preceding year and finish in February. There is a $75 application fee, no interest charges, no credit review, and a direct-debit option.

Loans

Families who prefer to make lower monthly payments over an extended period of time may want to consider credit-based loans, which may be used to cover all or part of a family’s contribution:

• Key Achiever Loan is a variable rate loan (the interest rate is adjusted quarterly to 4.5 percent above the thirteen-week Treasury Bill rate) with flexible repayment terms. The initial approval will reserve funds to cover up to four years of education.

Affording CA

Financial aid is available to help defray the cost of attending Concord Academy.  For more information about Concord Academy’s financial aid opportunities and procedures, please click here.