Tuition Rates 2014- 2015

 

APPLICATION/TESTING FEE

 

A $100 non-refundable application fee (which includes testing) is due with application for admission.

*To expedite the process, please apply ONLINE.

FAMILY PLAN

 

The oldest child constitutes the first child in the family when calculating tuition. The rate for the second child in the family is $6,885 and additional children $5,765.

TERMS OF TUITION PAYMENT:

 

Caravel Academy offers three (3) types of tuition payment plans.

PLAN 1  

    $400, non-refundable deposit submitted with contract.

  •  50% of the total tuition as specified on enclosed sheet payable prior to September 1, 2013.
  •  Balance payable prior to January 15, 2015.  $400 deposit is applied to this payment.

PLAN 2

  • $400, non-refundable deposit submitted with contract.                     
  • Twelve equal payments on the first of each month from August 1, 2014 through July 1, 2015, based on the fees specified on the enclosed form

PLAN 3

  •  $400, non-refundable deposit submitted with contract.
  • 2% discount on payments made in full prior to September 1, 2014. $400 deposit is applied to this payment.
  • A 5% participation fee is charged for payments made under Plan 2 and calculated on the entire rate in the pertaining grade. The $400 deposit will be deducted on the total tuition calculated

 

Payments that are more than 5 business days late will be subject to a $20 late fee. Interest will accrue at an annual rate of 18%.

*$400.00 non-refundable deposit is per student.

Early Education

  •      $4,400 Pre-school  -3 half days 
  •      $5,350 Pre-school – 5 half days 
  •      $6,150 Pre-school – 3 full days 
  •      $7,150 Pre-school – 5 full days 
  •      $7,450 Kindergarten   

 

Lower School  

  •      $7,650 Grades 1 – 4

Middle School

  •      $9,150 Grades 5 – 8

Upper School

  •      $9,635 Grades 9 – 12

*Tuition includes textbooks and consumable workbooks.

TECHNOLOGY  FEE: 

  •      Grades 7 - 12  $350

The technology fee is a non-refundable fee due prior to July 10, 2014.

 

Extended Day Care

 $2,075 AM and PM

 $650 AM only

 $1,475 PM only

 

TRANSPORTATION

Within 2 miles of Caravel Academy                                                        $985
Between 2.0-5.0 miles from Caravel Academy                                       $1,035
Between 5.0-10.0 miles from Caravel Academy                                     $1,090
Between 10.0-15.0 miles from Caravel Academy & South of Odessa    $1,450

The above transportation rates will be calculated at 50% for students riding the bus AM or PM only.

Additional Child - $545

FINANCIAL AID

Financial Aid is available based on need, for families who qualify. Contact the Admissions Office for more information.