Differences

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--- 300_finance [2025/01/24 17:48] – [332 Fees and Charges] jtorgerson
+++ 300_finance [2025/12/04 21:31] (current) – [344 Partial Semester Attendance Billing] jtorgerson
@@ Line 181: / Line 181: @@
 /2025//
-==== 335 Penalties for Early Withdrawal ====
+==== 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.
@@ Line 224: / Line 224: @@
 //Approved by Administration Team
 /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
+/2025//
 ==== 344 Partial Semester Attendance Billing ====
@@ Line 238: / Line 246: @@
 |**Withdrawal during…**|**Early Withdrawal Fee**|
-|March 15 to semester start|One eleventh of annual tuition (see [[330_finance#335_Penalties for Early Withdrawal|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|
 |October|$750|
@@ Line 248: / Line 256: @@
 //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.
@@ Line 268: / Line 276: @@
 **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.
   * 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.