Financial Policy
Temple Christian School is fully supported by student tuition payments. TCS does not receive any outside financial support. TCS has a financial responsibility to pay our staff and vendors in a timely manner and therefore it is imperative that tuition payments are paid on time. Each year our school board meets annually to discuss the financial stability of the school and to review the tuition rates based on student enrollment. All decisions for tuition rates are made by the school board. Tuition payments are required to be paid on the 1st of every month. A late fee of $35 is applied to any past due account of $100 or more as of the 6th of the month.
If tuition payments cannot be made on the 1st of every month, please contact the Administration Office to discuss the extenuating circumstance.
All tuition and incidental account balances must be paid in full by May 5th. Any student with a remaining balance may be prevented from continuing classes or taking final exams.
Payment can be made via FACTS or in the Administration Office. If payment is made by a card, debit or credit, the charge is subject to a fee of 3.5% plus .15 per transaction.
Click here for more details regarding tuition and discounts.
AFFORDING TCS
We aim to partner with families who embrace the mission and values of Temple Christian School to deliver a top-quality Christian private school education for their children. To make this education more accessible, we use the Financial Aid application process for students in Kindergarten through Grade 12 to customize tuition rates based on each family's financial situation, including income, expenses, and assets.
CUSTOMIZED TUITION
We recognize that families have varying financial circumstances. Our Financial Aid program takes these differences into account, offering a range of tuition rates that are tailored to fit each family's situation. To receive information about your specific tuition rate, you must begin the financial aid application.
TCS considers a family's complete financial picture—including yearly income, assets, debts, and the number of children enrolled in tuition-based Kindergarten through 12th grade—to calculate their tuition rate. This approach gives families a clear idea of the potential cost of their education right away.
Families with children in Kindergarten through Grade 12 who are concerned about paying the full tuition at Temple Christian School can apply for Financial Aid.
To assess eligibility for Financial Aid, Temple Christian School collaborates with FACTS, a trusted third-party service that processes financial applications for independent schools nationwide. FACTS calculates a family's ability to pay tuition using an “Estimated Family Contribution” (EFC), which considers various aspects of the family’s financial situation, such as income, assets, household size, extraordinary expenses, and more.
The TCS Finance Office reviews each application thoroughly, ensuring a fair, consistent, and confidential process. We carefully consider each family's unique financial circumstances.
WHAT IS THE PROCESS TO APPLY FOR FINANCIAL AID?
TCS works with FACTS to handle Financial Aid applications. Each year, families complete a Parent Financial Statement (PFS) for FACTS, which then reviews the data and provides a financial analysis.
• While TCS has a substantial Financial Aid budget, it is limited. To be included in the first round of tuition determinations, please submit your application and all necessary documentation by March 7th, 2025. After this date, applications will be reviewed on a rolling basis. Once you’ve submitted your application and all required documents, FACTS may need up to 2 weeks to validate the information. Tuition rates will be shared within 2 weeks after verification. Families must adhere to the Financial Aid timeline to ensure full consideration.
• Families are required to submit a new application for FINANCIAL AID annually and must adhere to all specified deadlines.
To apply for Financial Aid, click here.
Student Referral Program
Families referring a new student will receive a credit as the new student completes a full semester. One credit per new family will be issued, regardless of how many new students are in that family. There is no limit to how many credits can be received, but IRS rules require TCS to issue a 1099 tax form to any family receiving more than $600 tuition credit. For more information, please visit our Referral Program page.
Financial Suspension
If an account is past due at the end of the month, TCS may suspend the student from classes until the account is current. Any absences due to financial suspension will be unexcused; therefore, the student will not be allowed to make up any missed work and will be given zeros. Only certified funds will be accepted as payment to be taken after a Financial Suspension. Parents anticipating financial difficulties should immediately contact the Administrative Pastor for consultation. Official records, including transcripts, will not be released until a student's account is paid in full.
Late/unpaid tuition is subject to being reported to all three credit bureaus. Accounts where students are subsequently withdrawn from school without paying the past due tuition will be turned over to a collection agency.
Class Trips/Graduation
Tuition MUST be current for any student to attend a class trip or participate in Graduation cermonies. Payments made will be applied to past due amounts first before applying any monies to class trip fees.
Refunds
Refunds for overages or errors must be reported within 30 days of the payment date. Contact the school front counter administrative assistant to begin the process. Refunds will be processed with 7-10 business days.
Tuition contracts are for the term of the school year and must be paid in full according to the signed agreement. There are no refunds for early withdrawal. Extenuating circumstances should be discussed with the Executive Pastor.
Once a class trip contract is signed, there will be no refunds for amounts already collected.