Tuition and Financial Aid
|Beginners - Half Day||
8:15 a.m. to 12 p.m.
|Beginners - Full Day||8:15 a.m. to 3:00 p.m.||$20,350|
|Pre-K - Half Day||
8:15 a.m. to 12:00 p.m.
|Pre-K -3 Half Days/2 Full Days||$14,300|
|Pre-K -2 Half Days/3 Full Days||$15,900|
|Pre-K - Full Day||8:15 a.m. to 3 p.m.||$18,500|
|Kindergarten||8:15 a.m. to 3 p.m.||$19,800|
|Lower Elementary||8:15 a.m. to 3:15 p.m.||$20,350|
|Upper Elementary||8:15 a.m. to 3:15 p.m.||$20,500|
|February 1||Due date for first round of new applications.|
|January 30||Re-enrollment contracts sent to current families. Please note that accounts must be in good standing in order to receive a re-enrollment form.|
|February 15||Applications for financial aid for our current families are due. A link to the on-line application can be found on our website.|
|February 13||Deadline for re-enrollment contracts to be returned to the school|
|February 27||Financial aid awards sent to current families.|
|February 28||Financial aid deadline for new families.|
|March 6||Deadline for current families to notify the school of acceptance of their financial aid award by returning their contracts with deposit to the school - please note that awards not accepted by this date will be returned to the financial aid pool for new families.|
|March 10||Acceptance letters and contracts sent to new families|
|March 10||Financial aid award notifications sent to new families|
|March 24||Contracts and tuition deposits from new families due - including financial aid applicants.|
|May 1||First tuition payment due, and payment in full due for those who have selected that option.|
Families have two options for paying tuition:
Single Payment Option. Tuition is paid in full by May 1. Payment should be made by check, payable to Summit Montessori School and should be delivered directly to the School. Tuition Insurance is voluntary for families who use the Single Payment Option. Credit cards are not accepted for tuition payments.
Installment payments. Tuition is paid in either 10 monthly or 4 quarterly payment through Tuition Management Systems (TMS). Families who wish to pay in installments must register with Tuition Management Systems. There is an annual fee of $75 for this service. The first payment is due May 1, and the last payment must be made by February 1 of the following calendar year. Please enroll in advance to ensure timely payment of the first installment. TMS accepts credit cards for tuition installment payments but assesses a processing fee. Tuition insurance is required of families using the installment payment plan. Please see the tuition insurance section for details.
A non-refundable deposit is due with your returned contract to reserve a space for your child at Summit Montessori School for the new academic year. For the 2016-2017 school year the deposit is $1,500 for half-day students, and $2,000 for full-day students. This amount is indicated on your contract. Your deposit is applied as your last tuition payment of the year.
Your financial obligation to the School is for the full annual tuition as stated in the School’s enrollment contract. The School cannot refund tuition or cancel unpaid obligations if your child must withdraw during the academic year. If your son or daughter withdraws, the Tuition Refund Plan will return 50% of tuition pro-rated for the balance of the school year. Insurance claims are honored regardless of the reason for withdrawal, provided the student has attended school for a minimum of 14 consecutive days. It provides substantial assistance in meeting your financial obligations. The Tuition Insurance Plan is required for families who pay in installments, and optional for families who pay their full balance by May 1. Families that pay in full by May 1 may participate on a voluntary basis.
Limited, need-based financial assistance is available to families who qualify. Summit uses the online Financial Aid for School Tuition (FAST) program. To complete a financial aid application, please visit the FAST website.
Financial aid decisions are made independently of admissions decisions.The financial aid program is open to students of any race, creed, sexual orientation and national or ethnic origin.