Tuition & Expenses
Tuition & Fees
2013-2014 Tuition
Upper School Boarding Student: $50,985
Upper School Day Student: $34,600
Middle School Student: $17,500
Fees
Tuition Refund Program
- Boarding Student $600
- Day Student $400
Health Services Fee
- Boarding Student $125
- Day Student $50
Technology Fee
- Boarding Student $500
- Day Student $150
Books Range from $700 to $1,000
International Fee $2,500
Middle School Trip Fee: $500
English as a Second Language $3,000
Health Insurance
- Full coverage is mandatory
- The plan cost is $1,445 for those not otherwise covered
Schedule of Payments
- 10% deposit due with enrollment contract
- August 1 - 60% percent of the tuition and 100% of all applicable fees due
- December 1 - Remaining 40% of the tuition less enrollment deposit due
Finance Options
The Academy partners with the companies listed below to provide affordable and convenient payment options to help you manage your costs. If it is not financially feasible for you to pay your tuition in two installments, then you must enroll in one of the following plans:
Monthly Payment Plan
Monthly Payment Plan by Tuition Management Systems or Sallie Mae allows you to pay annual expenses, interest free, over a period of up to 12 months.
Student Loans
Your Tuition Solution
Springstone Financial
2 Park Central Drive, Suite 100
Southborough, MA
www.yourtuitionsolution.com
1-800-920-9777
Student loans offer extended terms with the benefit of low monthly payments. YTS offers loans from $2,000 to the total cost of tuition less any financial aid, with no prepayment penalties.
Sallie Mae
www.SallieMae.com/K12
1-888-521-7562
Borrow up to 100% of the cost of tuition with terms as low as three years and no prepayment penalties.
prepGATE® Loan Program
www.prepgate.com
1-866-362-GATE
The prepGATE Loan application takes as few as 15 minutes to complete online, with qualified applicants receiving repayment terms instantly.
Qualified families benefit from:
-
- Flexible repayment terms
- No prepayment penalty
- Origination fees as low as 0%
- Funds disbursed directly to your child’s school
Flexible Tuition Pricing
Wilbraham & Monson Academy strives to bring a private school education to exceptional, well-rounded students who may not otherwise have the opportunity to attend. We have a tremendous respect for the significant personal and financial sacrifices families make to ensure their children have an outstanding education.
We recognize that many families, who might not expect that they are eligible for financial aid, do qualify for a tuition break.
Through our Flexible Tuition Pricing, we are committed to making our school accessible to families of varied economic backgrounds. If you feel your family cannot afford the full tuition, during your admission process we encourage you to also apply for a financial assessment to determine if you are eligible for Flexible Tuition Pricing. (Please see Applying for Flexible Tuition Pricing below)
We, at Wilbraham & Monson Academy, feel we have a strong responsibility to our student body and school to build a community of remarkable students who will hold themselves to the highest of standards in all aspects of their lives.
Contact Information
Kate Gaw, Director of Financial Aid/Bursar
Phone: 413.596.9129
Fax: 413.596.2448
Email: kgaw@WMA.us
Applying for Flexible Tuition Pricing
Wilbraham & Monson Academy utilizes information compiled by SSS, School & Student Services, a service of the National Association of Independent Schools. SSS analyzes the information you provide to them on your Personal Financial Statement (PFS) and calculates an estimate of what your contribution to educational expenses may be. The Academy uses this calculation as a tool along with your financial documents, such as tax returns and W2’s, to determine your tuition pricing.
New Students - Please note on your Admission application that you will be applying for Flexible Tuition Pricing.
As early as November 1, complete a Personal Financial Statement online at sss.nais.org but no later than January 1 for Returning Students and January 31 for New Students. Please note, to qualify for the enrollment incentive in addition to the flexible tuition, your financial documents must be received by the above dates and your file must be complete.
- Once your PFS is complete, please remit the following documents to SSS with your cover sheet.
- Signed copies of your 2012 Tax Return and all supporting schedules. If your 2012 Return is not complete; you can remit a copy of your 2011 and once completed remit the 2012 Return. Please note that all discounts are conditional upon our review of the 2012 Return.
- Business Owners/You must file a Business/Farm Statement on the SSS website and remit your business return to SSS.
- Divorced or Separated Parents must each file individual Personal Financial Statements and remit your tax returns.
Please send all tax documents to:
School & Student Services by NAIS
P.O. Box 449
Randolph, MA 02368-0449
Tuition decisions are mailed to new students on March 10 with their admission decisions and to returning students on February 1 with their enrollment contract.
Late Applications for Flexible Tuition Pricing: Families who have initiated the application process too late to allow them to comply with the deadlines above are encouraged to proceed. However, the financial resources cannot be guaranteed, and amounts of discounts at this time may be limited.
Wilbraham & Monson Academy does not discriminate against any person in admission, financial aid, program involvement, employment or other wise because of race, religion, national origin, disability, sex, sexual orientation, or age.
Frequently Asked Questions
