Extended Day

A.M. and P.M. ...................................................................$1,850.00
A.M. only ...............................................................................570.00
P.M. only ............................................................................1,325.00
Pre-School (3 half days per week)......................................3,920.00
Pre-School (5 half days per week)......................................4,725.00
Pre-School (3 full days per week)........................................5,535.00
Pre-School (5 full days per week)........................................6,950.00
Kindergarten ......................................................................6,950.00
Grades 1- 4.........................................................................7,150.00
Grades 5- 8.........................................................................7,950.00
Grades 9-12........................................................................8,270.00

Tuition charge includes textbooks and consumable workbooks.

Application Fee

A $40.00 non-refundable application fee is due with application for admission.

Testing Fee

A $40.00 non-refundable testing fee is due at the time of testing

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 $6,030.00 and additional children, $5,020.00.

Terms of Tuition Payment:

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

PLAN 1*

• $300.00, non-refundable deposit submitted with contract.
• 50% of the total tuition as specified above payable prior to September 1, 2008.
• Balance payable prior to January 15, 2009. $300.00 deposit is applied to this payment.

PLAN 2*

• $300.00, non-refundable deposit submitted with contract.
• Twelve equal payments on the first of each month from August 1, 2008 through July 1, 2008, based on the fees specified above.
• An 8% participation fee is charged for payments made under Plan 2 and calculated on the entire rate in the pertaining grade. The $300.00 deposit will be deducted on the total tuition calculated.

PLAN 3*

• $300.00, non-refundable deposit submitted with contract.
• 2% discount on payments made in full prior to September 1, 2008. $300.00 deposit is applied to this payment.

Payments that are more than 5 business days late will be subject to a $20.00 late fee. Interest will accrue at an annual rate of 18%.

*$300.00 non-refundable deposit is per student.

Transportation
Within 2 miles of Caravel Academy...............................................$ 875.00
Between 2.0 - 5.0 miles from Caravel Academy ..............................925.00
Between 5.0 - 10.0 miles from Caravel Academy ............................980.00
Between 10.0 - 15.0 miles from Caravel Academy
& South of Odessa .......................................................................1,350.00
Additional Child - $500.00

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

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

Nondiscrimination Policy - Caravel Academy admits students of any race, color, national and ethnic origin to all rights, privileges, programs, and activities generally accorded or made available to students of the school. It does not discriminate on the basis of race, color, or national and ethnic origin in administration of its educational policies, scholarship and loan programs, and athletic and other school administered programs.