Financial Information

Tuition for 2017-2018

Boarding Tuition $49,800
Day Tuition $29,000

Tuition includes instruction, room and board, three meals a day during the week (lunch for day students) and two meals a day on weekends, technology fee, college counseling services, a daily afternoon tutorial program, an evening proctored study hall (as needed for boarding students), most expenses associated with participation in our athletics program (uniforms, officiating, and transportation), standard health center services, required school activities, community service trips and nearly round-the-clock supervision of our Administrator in Charge to monitor your son’s activities.

Tuition Deposits

Boarding $5,000
Day $3,000 
International $10,000

The non-refundable tuition deposit is due upon the execution of the enrollment agreement and will be applied towards tuition.

Additional Programs (may be requested or required)

ESL Orientation Program $3,750 (required for newly enrolled ESL students)
ESL Tier one $9,000 per year (full year program, non-refundable)
Tier two $11,000 per year (full year program, non-refundable)
Academic Support Program Tier one $7,500 per year (full year program, non-refundable)
Tier two $11,500 per year (full year program, non-refundable)

Additional Required Fees

International health insurance and processing fee (if applicable) $2,500
Textbooks and school supplies (estimated) $500 – $700
Graduation fee (if applicable) $250
Yearbook Fee $90
Incidental Account Day $1,000
Boarding $1,500
International $2,000

(The incidental account deposit covers student’s personal expenditures such as, books, supplies, trips, damages, PSAT/SAT/TOEFL exams, score reports, college application fees, SAT Prep courses, prescriptions, doctor visits, health center fees, etc. When the initial deposit is depleted, additional payment will be required as reflected in monthly statements.)

Additional Optional Fees

Laundry Fee: $750
Allowance account: parent to determine the annual amount.
Special activities: field trips, weekend trips, such as trips to sporting events, dinners, plays, etc.
Transportation: for medical visits, to and from airports, trains and buses
Sports alternatives: team athletic apparel, certain sports and activities

Payment Plan Options

One payment due by August 1
Two Payments 60% due by August 1 and 40% due by December 1*
Requires registration with FACTS
Not available to students with F-1 Visa’s
Monthly Payments starting May 15 – February 15*
10 payment plan (available to late enrollment, but all payments must be completed by February 15)
Requires registration with FACTS
Not available to students with F-1 Visa’s

*60/40 payments and monthly payments require registration with FACTS. FACTS is a tuition management company that requires the preauthorization of payments from a bank account (ACH) or credit card company to automatically transfer funds on payment due dates.

Tuition Refund Plan (“TRP”)

The enrollment contract is binding after execution. Parents can purchase the Tuition Refund Plan to protect against an instance in which their son needs to withdraw from Phelps, and the family would face no refund of tuition. The plan provides for the refund of a portion of the pro-rated unused tuition. The non-refundable cost of tuition insurance is the equivalent of 6% of net tuition (tuition less the deposit and any awarded financial aid).

Clothing

All new students will be provided a school patch (to be affixed to a navy blue blazer of their choice in specified location) and tie (provided upon arrival). All other required school apparel will be specified in school literature.

Tuition Solutions

A low fixed-rate education loan from Your Tuition Solution provides monthly payments that can never increase. There are no supplemental fees, and it’s easy to apply or add tuition for subsequent years. To learn more, calculate payments, or apply online, visit yourtuitionsolution.com today.  Click on the link below for more information:

http://yourtuitionsolution.com/k12_info/yts_link.pdf