Enrollment & Financial Policies
Enrollment & Financial Policies
Online Enrollment in the Family Portal consists of the annual and contractual requirements bulleted here, and is to be completed by the deadlines outlined below.
- Parent update of student demographic and medical information, along with family demographic information
- Parent acknowledgement of the Student Activity Participation Consents & Release of Liability, the Statement of Parent Responsibility, and the Conciliation Agreement
- Declaration of a FACTS Tuition Payment Plan for the next school year
- Payment of all Non-refundable, Annual Enrollment Fees
- Submission of Birth Certificate and Immunization Records for new students
Annual Enrollment Fees
The annual enrollment fee (a consolidation of previously charged fees for enrollment, student & family ministries, and facilities) is nonrefundable and collected through STEP ONE of enrollment, via an ACH payment. For details regarding fees, please see Tuition & Fees for 2020-2021.
Tuition Payment Plans
All tuition payments are nonrefundable and are collected through FACTS Tuition Management. During STEP ONE of enrollment, parents will select one of three tuition payment plan options to pay the total tuition established during STEP TWO:
Installments are due on the 1st of each month but may be scheduled with FACTS for payment in early or mid month. FACTS will assess a missed payment fee for late or returned payments. Families that miss payments with FACTS are encouraged to proactively contact FACTS directly to determine the reason for the missed payment and to correct any issues. School approval is required for any changes to the payment amount or date and must be received at least 3 business days prior to the date of the scheduled payment.
Most new families will complete the two-step enrollment process after March. While families are still able to select the monthly installment payment plan for their students’ tuition, the number of installments will be determined by how many months there are from the first payment through February.
Additionally, while Veritas rarely accepts a new student after the school year begins, there are occasions when administration may determine that a student and family can jump right in with familiarity to all three components of the Classical, Christian, and University-Model approach. In such instances, the new family will be admitted and will be liable for payment of all fees and tuition in accordance with our tuition payment plans. No portion of the Non-refundable, Annual Enrollment Fee or Family Tuition Statement will be prorated for late matriculation into the school.
Tuition Assistance
Tuition Assistance (TA) may be offered to Veritas families who demonstrate financial need. Any enrolled family can apply for TA by the published deadline (which generally aligns with Course Request submissions). Veritas utilizes FACTS Tuition Management as an unbiased, independent, third-party service to process TA applications; the school does not review individual applications. FACTS assesses each applicant's financial need and then reports to the Veritas Finance Committee its recommendation of how TA proceeds should be divided among all applicants. TA funds are limited each year, and awards are made until the funds run out. Click here for details of the TA program.
Tuition Refund Policies for Full Withdrawal from Veritas Academy
As with annual fees, tuition payments are also nonrefundable with one exception. For families who have prepaid tuition for a fully withdrawing student, a refund may be requested for the portion of tuition paid in excess of what would have been due, as of the date of the withdrawal (as properly submitted to the school’s Accounting Department), had the family elected to pay in monthly installments.
For example, a student fully withdrawals from the school in June, after tuition was paid in full in April: that student would be eligible for a refund of all but 3/11ths of his/her prepaid tuition since that is the amount that would have been due by then (for April, May, and June) had the family elected to pay in monthly installments. Because payments are due on the 1st of the month, a student is liable for a month’s tuition payment if s/he is enrolled for any portion of that month.
Delinquent Tuition Policies
If a family becomes delinquent in paying their tuition, fees, and related financial obligations to the school, the enrollment status of their student(s) is threatened. Responsibility for communication in these circumstances lies with each family, which should proactively reach out to the school’s Accounting office to address the situation. Failure to communicate with the Accounting office will necessitate the involvement of the Head of School and/or Finance Committee and result in student removal from all extracurriculars and class trips, the disabling of a family’s RenWeb/FACTS SIS account, and possibly removed from all courses.
Appeals to the Enrollment & Financial Policies
All appeals to these Enrollment & Financial Policies must be made in writing, addressed to the Veritas Academy Finance Committee, and emailed to our Controller at Accounting@VeritasAcademy.net. Appeals may necessitate a face-to-face meeting with the Head of School and/or Finance Committee. Only appeals based on circumstances that are extremely unusual, unforeseeable, and unavoidable and from students/families who are in good standing with the school will be considered. Appeals are rarely granted as the school has relied upon the financial commitments of its families in order to make financial commitments of its own, almost none of which are reduced as a result of student withdrawals.