Information on Financial Aid
Information on Loans

Tuition for Academic Year 2020-2021

Includes iPad, eBooks, and all required program fees. See OPTIONAL PROGRAM FEES below NOT covered by tuition.

Boarding Student: $56,400* (Tuition, room, and board).

Day Student: $37,600*

 

Enrollment Deposit:

$3,000* – When a student is accepted at Bridgton Academy, parents will be asked to confirm the acceptance by sending in a signed enrollment agreement and forwarding a $3,000 deposit. This deposit is non-refundable and will be credited to the tuition bill.

Deposit for School-Related Expenses (S.R.E. Account):

$1,500* – This deposit is payable before the school year begins. It is a deposit for optional program fees as well as a damage deposit.

Unused funds from this deposit will be refunded at the end of the school year. Any charges in excess of the starting deposit must be covered in advance of further charges by additional deposits to the student’s account.

Tuition Insurance:

4.16% of Net Tuition – Through a partnership with Hanover Insurance Agency, we are pleased to provide the Protect My Tuition Insurance Program. In the case that a student is unable to complete their year at Bridgton Academy, Protect My Tuition can reduce a family’s financial obligation. Participation in the Protect My Tuition Insurance Program is optional for families paying a single lump-sum payment (Plan A). The Protect My Tuition Insurance Program is required for families paying in two or more payments (Plan B or Plan C). For more information on this program, please download our digital brochure.

Optional Program Fees

Focused Academic Coaching (FAC):

$5,500* – This fee applies only to students enrolled in the FAC program.

SAT Preparation Course:

$500* – This fee applies only to those students who choose to enroll in the SAT prep course and is payable before the course begins. This optional course is offered during the first semester only.

College Articulation Program (CAP) course registration fees:

Students enrolled in a College Articulation Program (CAP) course must pay a fee to the college or university granting credit for the course. Fees are set by the colleges and may vary to reflect the credit hours available.

Refund Policy:

The Academy has many expenses of a continuing nature such as faculty salaries and plant maintenance. In order to plan for and maintain services over the entire school year, it is essential that the annual income from fees be assured. For this reason, it is understood that students are enrolled for the entire school year and that no reduction or remission of the fee for tuition, room, and board or other charges can be allowed for absence, withdrawal or dismissal unless fully covered and financially provided for through an awarded insurance claim with the Academy’s Protect My Tuition program.

*Fees are subject to change at the discretion of Bridgton Academy.

Financial Aid

Bridgton Academy is proud to help families from all socio-economic backgrounds make a Bridgton education accessible. We comply with the financial aid policy of the National Association of Independent Schools (NAIS), which is to provide financial aid, to the extent possible, based on a family’s financial need.

Bridgton Academy grants are financial aid awards from the school that does not require repayment. On average, approximately sixty percent (60%) of Bridgton Academy’s students receive a need-based financial grant.

To determine the most equitable estimate of a family’s ability to contribute towards education costs, Bridgton Academy relies on a financial need analysis as determined by either TADS or Student Service for Financial Aid (SSS). This analysis serves as the guide for determining financial need.

Financial Aid Application Process

To be considered for financial aid, parents must complete and submit one of the following forms. It is recommended that financial aid applications be submitted simultaneously with the admission application or as soon as possible thereafter.

1.
Click here to apply at http://www.tads.com

Click here to apply at tads.com

2.Parents Financial Statement (PFS)
The PFS is available online at the NAIS website. It must be completed and submitted to the School and Student Service for Financial Aid. Bridgton Academy’s code number is 1840.

Notes About Financial Aid
If financial aid is needed, please complete one of the financial aid forms as soon as possible. If an applicant for admission is accepted, financial aid will be determined at the same time only if the information has been received from one of the above agencies. Financial aid is limited and it’s best not to delay your application. Communication of a financial aid decision is made by letter and email.

If you have any questions regarding financial aid, please contact Joe Hemmings, Director of Admission, by phone at 207-647-3322 x1 or at jhemmings@bridgtonacademy.org.

Loans for Independent School Education

To assist families in managing educational costs, the following loan programs are offered to parents.

Sallie Mae

Sallie Mae’s K–12 Family Education Loan can help you send your child to a private primary or secondary school. Borrow the money you need – up to 100% of the school-certified cost of your child’s education. Visit SallieMae.com/K12 for the most up-to-date information and to apply. (Please reference school code 60335700)

Sallie Mae PDF brochure

Your Tuition Solution

Your Tuition Solution has helped thousands of families reach their educational goals — including connecting families to flexible payment plans to pay for K-12 private school.

Payment Plans

Bridgton Academy offers a choice of three payment plans:

PLAN A – Payment in full due on or before August 1, 2020.
PLAN B – Three (3) payments required. (1) 50% of total charges due on or before August 1, 2019. (2) 25% of original total charges due on or before October 1, 2019. (3) Full balance of outstanding original total charges due on or before December 1, 2020.
Plan B Note: If enrollment is confirmed after August 1st, the $3,000 enrollment deposit and first of three payments (50% of total remaining charges) is due immediately.
PLAN C – Equal monthly payments commencing on or before May 1, 2020 and concluding no later than December 1, 2020.
Plan C Note: If enrollment is confirmed after May 1st, the $3,000 enrollment deposit and first monthly payment are due immediately.

Early Enrollment & Pay Completion Incentives

Bridgton Academy offers several Early Enrollment & Pay Completion Incentives for families. To learn more, please contact Joe Hemmings, Director of Admission, by phone at 207-647-3322 x1 at jhemmings@bridgtonacademy.org.