Financing a Belmont Day Education
Tuition Schedules and Payment Plans
Many parents seek out independent schools because they understand the advantages of small classes, excellent teaching, a depth of offerings, and a strong sense of community. We recognize and understand the importance of making a Belmont Day education affordable to families. The following information outlines payment schedules, financing options, and financial assistance made possible by the school.
Belmont Day is committed to providing the opportunity of an independent school education to families, regardless of their financial circumstances. It is our goal that any child who has been accepted to the school will be able to attend.
General Tuition Payment Schedule
Once a child has been accepted or is re-enrolled for the next academic year, a $2,000 reservation deposit is required to reserve a place in a class. This deposit will be applied to the second tuition payment due January 15.
Tuition for the school year will be billed as follows: 60% of the tuition is due on or before July 1, with the remaining 40% of tuition (less the reservation deposit) due on or before January 15. Payment for tuition may be made by cash or check.
After School Tuition
Tuition for the After School program is payable in full at the time of enrollment. These programs are available on a first-come, first-served basis.
Tuition Ten Payment Plan
Ten payment plan payments for tuition are due on the first of each month starting in May of each year. For those who will pay tuition via the autopay feature, the first payments will be withdrawn from bank or credit card accounts on the first of the month, or the first bank business day thereafter if the first falls on a weekend or holiday.
Single Payment Plan
The first invoice for tuition is made available in June with payment due on July 1.
Two Payment Plan
The first invoice for tuition is made available in June with payment due on July 1 each year. The second invoice for tuition is made available in December with payment due on the subsequent January 15 each year.
Tuition Refund Insurance
Regardless of payment plan, those who elect tuition refund insurance will see the premium charge on the first invoice. Learn more about Tuition Refund Insurance.
For those who elect the Two Payment Plan or Ten Payment plan, there is a plan service fee. For those plans, the charge appears on the first tuition invoice.
During the course of the school year fees are billed for field trips, after school and enrichment programs, bus transportation, and the extended day program. For those who pay via autopay, the payments will be withdrawn from a bank or credit card account on the due date of the incidental invoice. Parents may also initiate online payments via the Parent Portal.
Credit Card Convenience Fees
For payments made by credit card, a convenience fee is charged by the credit card processor and added to your payment. Payments made via ACH through a bank checking or savings account do not incur charges.
Financial assistance is entirely need-based; awards are based solely on a family’s ability to pay. All financial assistance grants are awards that do not need to be repaid. Belmont Day subscribes to the guidelines of the National Association of Independent Schools (NAIS) School and Student Services (SSS) in computing financial need.
The online portal allows you to submit forms, register for events, and track the complete application process.