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Finances

Financial Operations

Christian Life Academy is a private, non-profit corporation. No state or federal funds are received by the school. Income from tuition is insufficient to fully cover the cost of operating the school. Interested individuals are invited to contribute the the operation of the school via gifts for general expenses or by providing scholarships for deserving students who would otherwise by unable to afford such training. School fund-raising projects may be planned as the need arises.

School's Financial Policy

The school's financial policy is as follows: "For students to continue their studies in school, to be issued new PACEs, to receive report cards or have records transmitted, or receive awards; regular payments must be made. Statements are issued by the 15th of earch month. Payments are due on the 30th of each month. There is a $20.00 late fee added to the account each month when satisfactory arrangement have not been made ahead of time.

Families who have financial problems can make satisfactory arrangements with the office to have their bill paid in a timely manner and forego the late charge. If a payment has not been received, by the school, by the next statement release; a late fee will be added to the bill. If the balance is not paid by 30 days the student will be withdrawn from school.

At this time, the School Improvement Committee will consider whether to "re-enroll" the student under stricter financial terms. A meeting will be scheduled for the administrator and the parents to discuss alternative arrangements. For families that the School Improvement Committee deems qualified, the options of re-enrolling under new terms will be offered. The new terms will be considered "financial probation" and will include the following strict guidelines for payment:

  • Cash or Credit Card Payments Only
  • Thirty-day Promissory Note (signed by both parents; for portions of tuition still owed)
  • 6 Months Financial Probation (where students can be disenrolled immediately if any payment is late)

There will be a $50 re-enrollment fee. All delinquent accounts will be turned over to a collecting service due to NON-PAYMENT, at which time that cost will be added to the bill.

If a parent withdraws a child from school or if the child is dismissed from school during any portion of a month, the parents will be billed for the entire month. Tuition is based upon an annual fee. Payment is not made by the number of days or weeks a child is in school, but rather by an annual fee that can be divided into monthly payments.