Financial Information

/Financial Information
Financial Information2019-02-14T14:00:54+00:00

It is the objective of Maplewood Academy to operate the school as efficiently and economically as possible in order to offer a quality Christian education to our youth at the lowest possible cost. The major source of income for the school is the student charges.   Before a student is enrolled at Maplewood Academy, a parent or guardian must accept financial responsibility for the student by signing a financial agreement form stating that the account will be paid on a regular and timely basis.

Maplewood Academy adheres strictly to the financial policies as stated below.

  1. Student accounts for the previous year’s schooling must be paid in full or adequate written arrangements made with the Vice Principal for Finance before students can be permitted to register for the current school year. Any delinquent accounts remaining from siblings who have previously attended Maplewood must be settled in like manner before another student from the same family may be admitted.
  2. If an account has an unpaid balance equivalent to two months’ charges, that student will not be permitted to continue classes until the account is brought current. All students will need a test permit to take their semester finals and permits will not be issued to any student whose account is not current.
  3. The diploma will be granted only when the bill is paid in full.
  4. Participation in some school trips, tours and extra activities may be dependent upon a student’s account being kept current.

TUITION & FEES

Maplewood Academy is committed to making a quality Christian education as affordable as possible.  School administration makes every effort to work with each family on an individual basis, taking into consideration their unique financial situation, developing a financial plan that is reasonable and realistic so that it is possible for their student to attend the school.

Maplewood’s tuition rates for full-time students are as follows:

Dormitory Students:                         $17,200.00* (includes room and board)

Community Student:                         $10,700.00*

International Students:                     $22,200.00**

Students needing financial assistance may apply for financial aid and/or scholarships as outlined in the “Financial Assistance” section below.  Ten month and twelve month tuition payment plans are available.

*Tuition rates already include a student registration fee:  A $900 registration fee is required of dormitory, community, and connected campus students (the registration fee for connected individual students is $600.) This registration fee includes such things as: books, library fees, supplemental accident insurance, yearbook, activity fees, club dues including ASB, boys’ or girls’ club, room key deposits, and technology resources which provides each student a personal laptop computer, access to Internet, printers, and other digital resources.

**International students are also charged an additional $3,000 Incidentals Fee to cover trips to and from the airport, lodging and meals over home leaves, TOEFL testing transportation, etc. 

SPECIAL FEES

  • Class Dues: Are not included in the entrance fees but are collected by the class treasurer/sponsors.

Freshmen . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . $ 25.00

Sophomores . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 50.00

Juniors . . . . . . . . . . . . . . . . . . . . . . . . . . . ….. . .$100.00

Seniors . . . . . . . . . . . . . . . . . . . . . . . . . …. . . . .$125.00

  • National Honor Society: A $40 is required of students who are inducted into the National Honor Society.
  • Athletic Team Fee: Students participating on an athletic team will be will be assessed a $50 per semester fee to help alleviate the cost of normal team travel, the cost of referees, etc. Team uniforms and tournaments will be an additional cost.
  • Music Organizations Fee: Students participating in choir, Choraliers, bell choir, or instrumental ensembles will be assessed a $25 per semester fee per organization. Music uniforms and special tours and private lessons will be an additional cost.
  • Special Trip Fee: Special trips such as Outdoor Education, tournaments, festivals, and missions trips will be an additional charge.
  • Graduation Fee: A $55 graduation fee is charged to all seniors (Includes cap & gown, tassel, diploma, and other graduation expenses. Charge for announcements is not included.)

Work is an important part of the educational program at Maplewood Academy. Students need to learn about the world of work and also gain experience in employment. All students living in the dormitory are required to hold a part-time job assigned by school administration. Non-dormitory students are not required to work, although they are strongly encouraged to work off campus.  Work assignments are made on the basis of needed workers in the various industries and departments on campus.

Students are expected to perform their work as efficiently and responsibly as possible. Work supervisors will evaluate each student worker and assign a letter grade for each grading period that will appear on their transcript. Students whose work is not acceptable or who are not cooperative in their job assignment face disciplinary intervention up to and including termination of employment.

For employment purposes students MUST provide proper I-9 documentation such as:
1) a driver’s license or state I.D. card  
2) an original social security card

3) passport, or

4) birth certificate

Students who have a financial need may be able to obtain assistance from Maplewood Academy.  There are two programs available to students.

  1. General Assistance Program: Maplewood Academy also provides student scholarships based on financial need.
  2. Matching Program: Maplewood Academy will match the amount given by a local church to aid a specific student up to $2,000 per year for dorm students and $1,000 for community students.  Applications for matching funds must be signed by both the pastor and the treasurer of the local church.

Students who need financial assistance should make application before July 15, or as far as in advance of registration as possible.   Applications for financial aid may be obtained from the Business Office or by downloading from the link below.

Criteria for providing and continuance of financial aid includes:

  1. Financial need (submission of completed family IRS 1040 form)
  2. Student being willing to pay a portion of their tuition costs by faithfully working at the assigned jobs.
  3. Student maintaining acceptable academic, behavioral, and work performance.
  4. Student account being kept current.

Click here for the Financial-Aid-Application

CONTACT US TODAY!

David Dickerson

Vice Principal of Finance

Phone

(320) 587-2830 ext 1104

Email

ddickerson@maplewoodacademy.org

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