2018-2019
FINANCIAL POLICIES
TUITION
Tuition is calculated as a yearly fee for each child and therefore the monthly tuition amount is the same each month regardless of holidays, attendance, 5 week months, etc. The tuition is to be paid monthly, for 9 months, payable August through April. Tuition checks should be made payable to CCP&K and are due no later than 12:00 on the 5th of each month. If paying in cash please have exact change as we do not keep cash in the office.
2 day 2’s: $1,125/year; $125/month 2 day 3’s: $1170/year; $130/month
3 day 3’s: $1,350/year; $150/month 3 day 4’s: $1395/year; $155/month
5 day 4’s: $1755/year; $195/month
Kindergarten: $2070/year; $230/month
Kindergarten’s first tuition is paid in May so the next payment is not due until September. All other tuition begins in August.
Tuition is non-refundable and non-transferable under any circumstances.
A tuition envelope will be sent home in your child’s folder one week prior to the due date. Simply put your check or cash in the envelope and return it in your child’s folder. Since tuition is due by the 5th of each month please remember to pay by that date whether you have the envelope or not. Please place your child’s name on the memo line of your check. If mailing in your tuition send it to: Covenant Christian Preschool and Kindergarten, 4005 Corey Road, Winterville, NC 28590. You can also pay tuition for the entire year if you prefer. Tuition statements will be emailed to you monthly so please make sure we have a current email address on file.
Late Tuition Fees
To avoid late fees, the tuition MUST be received in the office by noon on the 5th of each month. If we are not in school on the 5th of the month payment is due prior to the 5th. After that time a late fee of $15.00 will be added to your child’s account. The late fee is applied to each child you have attending CCP&K, it is per child not per family. The late fee must be included with your overdue tuition payment. If unusual financial circumstances should arise, please communicate with the Office Manager regarding paying by the 5th of the month.
It is absolutely necessary for us to collect our tuition and fees as they are due. CCP&K receives no federal or state funding and is not financially supported by the church. Families will not be allowed to have their account fall in arrears for more than 60 days, this includes late fees. Once your account exceeds the sixty day period students will not be allowed to attend class unless arrangements are made with the Office Manager to rectify the account.
Returned Check Fee
Accounts that have a check returned due to insufficient funds will have a $15.00 service charge placed on the account to cover the processing fees incurred. In the event we receive more than one returned check, tuition payments will need to be made in the form of cash or money order.
WITHDRAWALS
In the event you need to withdraw your child from our school you will need to submit a written notice at least one month prior to the student’s last day.
I HAVE READ THE FINANCIAL POLICIES AND AGREE TO ABIDE BY THEM. I UNDERSTAND THAT:
1. TUITION IS PAYABLE BY CHECK OR CASH. IF PAYING IN CASH I NEED TO HAVE EXACT CHANGE.
2. TUITION IS PAID ONE MONTH IN ADVANCE AND IS COLLECTED AUGUST 1st THROUGH APRIL 1st.
3. TUITION IS DUE BY THE 1st OF EACH MONTH AND LATE AFTER 12:30 ON THE 5th OF EACH MONTH. IF I DO NOT RECEIVE A TUITION ENVELOPE THAT DOES NOT EXCUSE PAYING TUITION ON TIME.
4. A LATE FEE of $15.00 IS APPLIED PER CHILD NOT PER FAMILY IF I FAIL TO PAY TUITION BY 12:30 ON THE 5th OF EACH MONTH. (i.e. 1 child = $15.00; 2 children = $30.00, etc.). I WILL INCLUDE THE LATE FEE WITH MY OVERDUE TUITION PAYMENT.
5. IF MY ACCOUNT BECOMES 60 DAYS PAST DUE MY CHILD CANNOT RETURN TO CCP&K UNTIL I HAVE BROUGHT MY ACCOUNT CURRENT. THIS APPLIES TO LATE FEES AS WELL.
6. TUITION IS NON-REFUNDABLE AND NON-TRANSFERABLE.
7. I NEED TO GIVE 30 DAYS WRITTEN NOTICE IN THE EVENT I NEED TO WITHDRAW MY CHILD FROM CCP&K.
8. IF MY CHECK IS RETURNED DUE TO NSF I WILL BE RESPONSIBLE FOR MAKING IMMEDIATE PAYMENT ALONG WITH A $15.00 NSF FEE. IF I HAVE MORE THAN ONE NSF ON MY CHILD’S ACCOUNT I WILL HAVE TO PAY THE REMAINING MONTHLY TUITION PAYMENTS IN CASH OR BY MONEY ORDER.
PRINTED NAME: ______
SIGNATURE: ______DATE: ______
CHILD’S NAME: ______
TEACHER’S NAME: ______
PLEASE SIGN AND RETURN IN YOUR CHILD’S FOLDER WITH YOUR SEPTEMBER TUITION PAYMENT. THANK YOU.