Power And Grace Preparatory Academy
Tuition Agreement
As the parent/guardian of a Power And Grace Preparatory Academy student, I
acknowledge and agree that I have full authority to enter into this Contract of Enrollment
with Power And Grace Preparatory Academy. In consideration of Power And Grace
Preparatory Academy accepting my child for enrollment and other good and valuable
consideration, I agree to abide by the terms and conditions of the Contract of Enrollment
as set forth herein. I further agree to abide by any and all rules and regulations of Power
And Grace Preparatory Academy.
I acknowledge and agree that I shall be financially responsible for the payment of
tuition, book fees, before and after school care, school lunches and any and all other
school-related fees associated with my child. I agree that should I default in the
payment of any fees due Power And Grace Preparatory Academy, I shall be responsible
for any and all expenses incurred by Power And Grace Preparatory Academy associated
with enforcing this Contract of Enrollment, including but not limited to court costs,
discretionary costs and reasonable attorney fees. I further understand and
acknowledge that should I default in the payment of any fees due Power And Grace
Preparatory Academy, my default shall result in the immediate termination of my
child’s enrollment.
I understand that in order to legally break the tuition contract I must pay the balance of the
present semester.
Signature of Parent/Guardian
Date
Student Name
Date
Non-Sufficient Funds (NSF) Check Policy:
Summary: Power and Grace charges $35 for each returned check. Anytime a returned
check is received, a cash payment, cashier’s check or a money order in the amount of the
returned check plus the $35.00 returned check charge is required within five (5) business
days. Failure to do so may result in the student being required to withdraw from a program
or school until the required payment is made.
Detail: Any individual from whom a check is received by Power and Grace in payment for
an item or a service, and such check is not honored by the appropriate bank, shall be
assessed a service charge in an amount not less than the amount charged to Power and
Grace by the bank. A minimum charge of $35.00 will be assessed for any NSF check not
honored by the appropriate bank that entails any action by Power and Grace staff to
collect. Actions are defined as a phone call, a letter, or filing with the Montgomery County
Court system. Once Power and Grace has been notified regarding a NSF check you will be
notified and will have five (5) business days to make proper payment or to arrange for a
satisfactory payment schedule. The financial officer in the Power and Grace administrative
office will date stamp the receipt and attempt to notify the individual. The five (5) business
days is based on the date Power and Grace receives the NSF notice from the bank.
The individual making payment shall present either cash, cashier’s check or a money order
for the appropriate check amount plus $35.00 service charge. If payment is not received
within five (5) business days, the payment schedule is not adhered to or the monies do not
appear to be collectible, then Power and Grace shall take appropriate action to recover the
dee or charge through the General Sessions Court.
I have read and understand the NSF Policy as set by Power and Grace.
Signature of Parent/Guardian
Student Name
Date
Financial Commitment
Tuition at Power and Grace is kept as low as possible. We are supported completely by tuition, donations,
and voluntary contributions. Power And Grace is a nonprofit corporation registered with the State of
Tennessee.
Discounts
A military active duty discount is available (5%) and multiple child households will have the
choice of extended payment of tuition over a twelve month period of time.
Application and Enrichment Fees (non-refundable)
There is a $45.00 (non-refundable) new student application fee. There is a fee of $125 for returning
students for Science and Enrichment. New students will pay a fee of $225* for Technology, Science, and
Enrichment. *Includes notebook computer for each student
Book Fee (non-refundable)
PreK-3………………………..$125.00
Kindergarten………………$325.00
PreK-4……………..………$250.00
1​st​-3​rd​ grades……………$400.00
PreK-3 & 4 Student Rest Mat Fee (non-refundable)
A 3 inch thick rest mat is required for Pre-K students per the State of Tennessee. Parents
will need to submit $35 (includes shipping and handling) no later than two weeks prior to
the first day of school.
Annual Tuition Fees​ (payments begin August 1st) (10 month period)
PreK-3 and PreK-4……………..$5,500 ($138.75 weekly or $550.00 monthly)
Kindergarten……………………..$5,750 ($143.75 weekly or $570.00 monthly)
1​st​ – 3​rd​ Grade……………………..$5,900 ($147.50 weekly or $590.00 monthly)
Monthly Payment Plan Schedule
10-month- First Business Day of the Month
1. August 1
6. January 2
2. September 1
7. February 1
3. September 29
8. March 1
4. November 1
9. March 30
5. December 1
10. May 1
Late Payments
If payment or prior arrangements have not been made by the 5​th​ of the month, a
statement will be sent. A second statement will be sent to all delinquent accounts on the
10​th​ of the month. Failure to acknowledge this second notice in some way may constitute
reason to request your child’s withdrawal from Power and Grace Academy.
Tuition Payment Methods
All tuition will require bank draft or credit card methods of payment. Please contact the
office for additional information. ​Payments with these two methods can be paid weekly,
bi-weekly, or monthly over a 10 month period. The twelve month payment plan will be
extended to families with two or more students attending PGPA​.
I have read and understand the tuition payment methods.
Signature of Parent/Guardian
Date
Before/After Care/Lunch
Before Care Services are offered from 6:00 am - 8:10 am for $35 per week. ​This service includes breakfast​.
After Care Service is available from 3:00 pm - 6:00 pm for an additional fee of $40 per week. ​This service
includes snack and homework tutorial.
Children attending after-care are to be picked up by 6:00 P.M. In the event of an emergency, you are
asked to call and inform the school. Otherwise, late fees will be assessed as follows: $1 per family per
minute beginning at 6:00 p.m. with a minimum of $5.
If students attend two or more days the full weekly fee is assessed. Payment by Check, credit card or cash
is requested for the following listed fees. It is preferred that fees be paid bi-weekly or monthly prior to the
service being provided.
Before Care:
$35 Weekly
Drop In Fee: $10 for the day (maximum 1 day / week)
Breakfast is included with this fee.
After Care:
$40 Weekly
Drop In Fee: $15 for the day (maximum 1 day / week)
Snack and homework assistance is included with this fee.
Early and Late Pick-up
The school day begins at 8:00 am, any students dropped off before 7:55 am will be sent to
before care and assessed the $10 daily drop in fee for the day. The school day ends at 3:00
pm, any students remaining after 3:15 pm will be sent to aftercare and assessed the
$15.00 daily drop in fee.
Catered Lunch:
$100.00 Monthly
$50.00 Bi-Weekly
$25.00 weekly
(Students may optionally bring their own lunch.)
Refund Policy
Registration Fee/Book Fee/Technology Fee
The registration fee, book fee, and technology fee is non-refundable and non-transferable
from one student to another or from one school year to another.
Tuition
Tuition is non-transferable from one student to another or from one school year to
another. Tuition is non-refundable unless one of the following criteria applies:
A. If withdrawal occurs before the first day of school, there will be a 100 percent refund of
any tuition money paid.
B. When a student withdraws from Power And Grace (for any reason), a letter of
explanation is required to request any refund which applies.
Withdrawal of a student during a quarter, including dismissal, will result in forfeiture of
tuition paid to Power And Grace Preparatory Academy and will not negate the obligation
to pay Power And Grace any outstanding tuition.
I understand when tuition is due and that I am responsible to ensure payment is received.
__________________________
Signature of Parent/Guardian
_______________________
Date
_________________________
Student Name
_______________________
Signature of Principal
________________________________________________________________________
OFFICE USE ONLY
Payment of Application Fee
Payment of Science/Enrichment Fee
Payment of Book Fee
Yes
Yes
Yes
No
No
No
FUNDRAISING RESPONSIBILITIES
As is the nature of any privately funded educational institution, all of the money needed
to provide a quality program cannot come from tuition alone.​ Various financial programs
are needed to aid the school in different and distinctive ways.
At Power and Grace Preparatory Academy there will be fundraisers that we will specifically
need your volunteer time and financial support in order to reach the goal.
Throughout the school year there will be four planned fundraisers. ​I respectfully ask that
for these events the parents invest in the school by purchasing tickets for themselves and
making every effort to sale tickets that are assigned.​ ​All PGPA students are not required
to pay for their entry.​ PGPA students are asked to participate in all school programs and
fundraising events. Persons giving want to see the children that they are supporting
through their giving.
October
December
February or March
May
Product Sale
Christmas Concert
Play or Banquet
Scholarship Prayer Breakfast
By signing this document I understand that my participation is very important to the
success of PGPA! It is my intent to make every effort to support the fundraising efforts of
my child(s) school.
___________________________________
Parent
_______________
Date
___________________________________
Parent
_______________
Date
___________________________________
Principal
_______________
Date