Christian Heritage Academy

Rooted. Known. Engaged. Inspired.

User Tools

Site Tools


300_finance

Differences

This shows you the differences between two versions of the page.

Link to this comparison view

Both sides previous revisionPrevious revision
Next revision
Previous revision
300_finance [2025/01/22 22:22] – [338 Continuous Enrollment] jtorgerson300_finance [2025/12/04 21:31] (current) – [344 Partial Semester Attendance Billing] jtorgerson
Line 181: Line 181:
 01/2025// 01/2025//
  
 +==== 335 Penalties for Early Withdrawal for an Upcoming School Year ====
 +
 +Re-enrolled and enrolled students who withdraw after re-enrollment/enrollment and prior to the start of the upcoming school year will be charged the value of one eleventh of tuition as a fine in addition to both (a) any owed tuition/incidental/trips/invoice items  and (b) the forfeiture of the enrollment deposit (where applicable), as a process of Early Withdrawal. Untimely withdrawal causes the school to incur significant costs. CHA can withhold grades and transcripts from parents until fines and outstanding invoice items are paid. 
 +
 +//Approved by Administration Team 
 +01/2025//
 ==== 336 Penalties for Delinquent Payments ==== ==== 336 Penalties for Delinquent Payments ====
  
Line 218: Line 224:
 //Approved by Administration Team  //Approved by Administration Team 
 01/2025// 01/2025//
 +
 +
 +==== 342 Tuition and Fee Schedule ====
 +
 +Administration should publish no later than December 1st of each year the tuition and fee schedule for the following school year. The schedule should be posted in the appropriate accessible location on the public and internal websites.
 +
 +//Approved by Administration Team 
 +3/2025//
  
 ==== 344 Partial Semester Attendance Billing ==== ==== 344 Partial Semester Attendance Billing ====
Line 229: Line 243:
 Students will be charged for the entire month’s tuition regardless of the number of days attended during the month. For example, if a student attends class from October 2-5 and then withdraws from school, he/she will be charged tuition for the entire month of October. No partial month refunds will be issued. Students will be charged for the entire month’s tuition regardless of the number of days attended during the month. For example, if a student attends class from October 2-5 and then withdraws from school, he/she will be charged tuition for the entire month of October. No partial month refunds will be issued.
  
-Early withdrawals prior to the end of a semester will also incur an Early Withdrawal Fee, calculated according to the following chart. In addition to the Early Withdrawal Fee indicated below, the Enrollment Deposit will not be returned for withdrawing students who do not withdraw during the annual withdrawal window between February 1st and March 15th (see Procedure 332 Fees and Charges).+Early withdrawals prior to the end of a semester will also incur an Early Withdrawal Fee, calculated according to the following chart. In addition to the Early Withdrawal Fee indicated below, the Enrollment Deposit will not be returned for withdrawing students who do not withdraw during the annual withdrawal window between February 1st and March 15th (see [[300_finance#332_Fees and Charges|Procedure 332 Fees and Charges]]).
  
 |**Withdrawal during…**|**Early Withdrawal Fee**| |**Withdrawal during…**|**Early Withdrawal Fee**|
-|March 15 to semester start|One eleventh of annual tuition (see Procedure 335 Penalties for Early Withdrawal)|+|March 15 to semester start|One eleventh of annual tuition (see [[300_finance#335_Penalties_for_Early_Withdrawal_for_an_Upcoming_School_Year|Procedure 335 Penalties for Early Withdrawal for an Upcoming School Year]])|
 |Semester start through September|$1,000| |Semester start through September|$1,000|
 |October|$750| |October|$750|
Line 242: Line 256:
 //PreK and Kindergarten Section Transfers// //PreK and Kindergarten Section Transfers//
  
-Any PreK or Kindergarten students who switch from full day to half day enrollment or from full week to partial week enrollment at any point between March 15 (re-enrolling students)/enrollment (new students) and the end of the school year will incur a $125 Transfer Fee. Students who switch from half day to full day will incur no fee. +Any PreK or Kindergarten students who switch from full day to half day enrollment or from full week to partial week enrollment at any point between March 15 (re-enrolling students)/enrollment (new students) and the end of the following school year will incur a $125 Transfer Fee. Students who switch from half day to full day will incur no fee. 
  
 The Business Director may grant a partial or prorated refund for tuition and relevant fees if extenuating circumstances exist such as moving outside a 30-mile radius, family death or severe health situation, or job transfer. Requests and approvals must be made in writing.  The Business Director may grant a partial or prorated refund for tuition and relevant fees if extenuating circumstances exist such as moving outside a 30-mile radius, family death or severe health situation, or job transfer. Requests and approvals must be made in writing. 
Line 262: Line 276:
 **Budget Timeline** **Budget Timeline**
  
-  * October: The Board Finance Committee provides recommendations and/or budget goals to the administration for the following school year. +  * September: The Board Finance Committee provides recommendations and/or budget goals to the administration for the following school year. 
-  * November: The Business Director and Head of School recommend tuition amounts to the Board Finance Committee. +  * October: The Business Director and Head of School recommend tuition amounts to the Board Finance Committee. 
-  * December: The Board approved tuition for the following school year.+  * October/November: The Board approved tuition for the following school year.
   * November/December: Business Director and Head of School meet regularly to start drafting the following year's budget. During this time the Business Director will meet with key budget owners to hear their needs for the following school year budget.    * November/December: Business Director and Head of School meet regularly to start drafting the following year's budget. During this time the Business Director will meet with key budget owners to hear their needs for the following school year budget. 
   * January: The Business Director and Head of School will seek key inputs from the Finance Committee. Final budget worksheets from key budget owners are due by the end of the month.     * January: The Business Director and Head of School will seek key inputs from the Finance Committee. Final budget worksheets from key budget owners are due by the end of the month.  
300_finance.1737584568.txt.gz · Last modified: 2025/01/22 22:22 by jtorgerson

Donate Powered by PHP Valid HTML5 Valid CSS Driven by DokuWiki