Tuition and aid

Tuition for 2018-2019 School year

Elementary K-5, $22,900

Middle School 6-8, $23,800

Tuition Payment Schedule for 2018/2019

For the 2018/2019 School year, tuition payments can be:

  • Full payment of tuition balance on April 1
  • Three equal payments of tuition on April 1, July 1 and October 1.

*Families using a payment plan are required to enroll in tuition insurance. Dewar tuition insurance insures families for tuition expenses in case of a move or unexpected withdrawal from school and reduces school budget uncertainty. Tuition insurance is 1.7% of tuition. $389.30 for Elementary or 404.60 for Middle School. Costs for families with financial aid or using the Student Support Program will vary depending on actual tuition and fees paid. Families who pay full tuition April 1st are NOT required to buy insurance, but it will be available.  

*There is one-time building use fee for all new students.  The building use fee for the current 2017-2018 school year is $3000.

*School and Student Support Services Program is a fee based support program, and costs are in addition to regular tuition fees.

* Each family must assure a laptop for use by their Acera student (not including Lower Elementary.). Families must provide a current Apple laptop for their older-elementary or middle-school aged students. Younger elementary students can license a Chromebook through the school.

Financial Aid Information

Acera recognizes the sacrifices families make to send their children to independent schools.  We continue to offer a limited number of need-based financial aid awards that cap tuition at approximately $16,000-$17000 per year.

We partner with School and Student Services (SSS) by NAIS in our financial aid process.  To begin your financial aid application, you will complete SSS’s Parents’ Financial Statement (PFS).  The PFS is a comprehensive application that will take some time to complete.  To support families, especially those new to the process, SSS has put together videos, webinars and other useful materials that help navigate the financial aid process.  They can be found at www.sssbynais.org/parents .  Awards are based on demonstrated need.  To be considered, new and returning families must complete and submit all required SSS paperwork including a financial aid application, 2016 tax return, and recent paystub(s)/paycheck(s).  Families must re-apply each year.

We will communicate our financial aid decision to you. To make our decision we use the information from the PFS as the starting point into our financial aid committee’s decision.

Things to note before applying

We expect families to consider all external resources (relatives, scholarships, etc.) before requesting financial assistance, which enables us to prioritize families who do not have an extended familiar network that can offer monetary support.

Paying tuition must be a priority for the family. Both parents are expected to contribute to tuition through full time employment and other sources of income.

If the financial aid applicant’s parents are living apart or not filing taxes jointly, both parents must complete a PFS.

For families in which one parent is not working outside of the home, we ask for a letter explaining employment status of the non-working parent.  Our financial aid budget does not subsidize choices made by families returning for graduate studies, business ventures, or the choice not to work when dependents are school-aged.

All financial aid information is kept confidential.

How to Apply

Go to https://sssbynais.force.com/familyportal/familylogin to create an account and apply for financial aid.

Download the PFS Workbook as a guide to completing the 2018-19 PFS from start to finish.  This PFS Workbook guide contains line-by-line instructions that will be helpful and save time as you fill out the PFS.

Important Dates and Deadlines

For returning students:  To be considered for financial aid, please submit your financial aid application and required paperwork no later than December 12th.  Families will be notified of awards on January 13th.

For new applicants:  To be considered for financial aid, please submit your financial aid application by January 19th.  Financial aid awards will be included in admissions decisions, on March 9th.

**New or returning families applying after February 15th will be considered on a rolling basis if there is any remaining aid available.  

For questions about financial aid, please email admissions@aceraschool.org .

Tuition Insurance Information

Tuition insurance is both a financial safeguard for Acera families and school and a standard practice at over 1200 independent schools nationwide.

As a young, growing school without an endowment, Acera depends on tuition payments to fund our exceptional, experiential learning program. Based on careful research of best practices and different providers, we are adding tuition insurance to reduce your financial risk, to increase our financial stability, and to ensure the highest quality program for our students. Dewar tuition insurance protects families for tuition expenses in case of a move or unexpected withdrawal from school while also reducing school budget uncertainty.  

Here’s how tuition insurance works:

  • Claim payments are based on total annual tuition regardless of tuition payments already made.
  • Insurance coverage begins August 1, 2018 for medical and September 19, 2018 for non-medical issues.
  • The academic calendar year is based on actual calendar days including weekends and holidays from the first to the last day of school.  
  • Should a student leave school mid year, Dewar reimburses a percentage of the full tuition based on the number of calendar days remaining in the academic and the nature of the departure:
    • 60% reimbursement for non-medical withdrawal from school  
    • 60% for mental health reasons
    • 100% for medical/physical reasons or for death of student
  • Insured Tuition includes any Student Support Program fees based on 1.7% of tuition plus SSP.
  • Insurance for families receiving financial aid will be based on reduced tuition due.
  • A reimbursement claim payment goes to the school to cover any unpaid balance, and all remaining amount goes to families to cover tuition already paid.  

For example, if a student leaves on November 14 in an academic year of 265 calendar days ending on June 1st, the period represents 200 lost calendar days of education or about 75% of the school year. If the full $23,800 MS tuition has been paid by the October first deadline, the family would receive one of the following:

100% medical/death benefit of $17,850

60% mental health benefit of $10,710

60% non-medical, voluntary withdrawal benefit of  $10,710

If the family owes an outstanding balance, the school deducts that amount from the family benefit.