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 aid 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.
Extended Day and After School Tuition
Tuition for the Extended Day and After School Discoveries programs is payable in full at the time of enrollment. Program enrollment forms are sent to parents in July. These programs are available on a first-come, first-served basis.
Monthly Payment Plan
The school offers a payment plan through FACTS Management that establishes a 10-month, interest-free payment plan for school tuition, starting May 1. Parents make monthly payments to the plan, which, in turn, pays Belmont Day on schedule. The cost of this payment plan is a $50 enrollment fee.
In addition, a 5-month, interest-free payment plan through FACTS Management is available for extended day and after school tuition. This plan begins on August 1. The cost of this payment plan is a $50 enrollment fee.
Financial aid is entirely need-based; awards are based solely on a family’s ability to pay. All financial aid 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.
Tuition Payment Plan
The Belmont Day School Monthly Payment Plan lets you divide your extended day or after school tuition into 5 convenient monthly installments. This plan is administered by Tuition Management Systems. Learn more about the plan here.
The online parent portal allows you to submit forms, book tours and interviews, and track the complete application process.