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Options for Tuition

For over a quarter century Runnels School has employed a unique system for the payment of tuition that has benefits for the parents as well as for the school.

The guiding principle has been very simple: the earlier you pay tuition and fees, the less it should cost you. The most basic example is that prepaid annual tuition involves fewer dollars than twelve monthly tuition payments (and this is not unique to Runnels). An extension of this notion, in effect since 1981, has been our payment-date-dependent annual tuition schedule -- tuition amounts change every half month.

The advantage to parents of discounted tuitions is obvious, but it also benefits the school to have early use of the tuition dollars for preparing instructional space and materials. Parents and the school both benefit from the budgetary predictability that is implied by advance enrollments and payments.

The logical progression of these notions, the discounted prepaid Multi-Year Enrollment, was introduced in the mid-1980's, and has been a popular option for many parents ever since. The percentage of students enrolled under this option at any one time has generally been in the 5 - 10 percent range. Discounts for these contracts range from 5% (two prepaid years) to 42% (twelve prepaid years). A further benefit for parents is that any tuition increases adopted by the Board of Trustees during the tenure of an advance payment option have no effect for those students.

All prepayment options are extremely restrictive insofar as cancellation and refunds are concerned. Parents should carefully read the rules on the reverse side of the enrollment agreement.

Tuitions for 2017-18 and future years are based on the tuition schedule adopted by the Runnels School Board of Trustees on June 9, 2016, and will remain in effect until a new schedule is adopted during Summer, 2017.

Prepaid Single Year Enrollment Option for 2017-18

The “normal” enrollment period for School Year 2017-18 is January, 2017 -- no change from procedures in past years. However until December 31, 2016, parents of children already enrolled in Runnels for school year 2016-17, may if they choose enroll and prepay for school year 2017-18. They will be paying at the 2017-18 rate adopted by the Runnels School Board of Trustees on June 9, 2016. The costs during the “normal” enrollment period (January, 2017) will reflect the same base rates. The Technology Fee is $0 for Preschool, $150 for grades K-12.

The resource tuition for 2017-18 is $240 for preschool and $450 for K - 12th grades.

As with all prepayment options, the cancellation and refund provisions are very restrictive and should be studied carefully before submitting payment.

Early Prepaid Annual Tuition for School Year 2017-18

Month of payment

Preschool
Full day

Grades
K - 3

Grades
4 - 6

Grades
7 - 12

 

 

 

 

 

June, 2016

6823

7876

8389

8836

July, 2016

6892

7956

8473

8925

Aug., 2016

6961

8036

8559

9015

Sept., 2016

7032

8117

8645

9106

Oct., 2016

7103

8199

8733

9198

Nov., 2016

7174

8282

8821

9291

Dec., 2016

7247

8366

8910

9385

Jan., 2017

7320

8450

9000

9480

Feb., 2017

7393

8535

9090

9575

Mar., 2017

7467

8620

9181

9671

If paid by 15th of
month, reduce by

36

42

45

47

 

Prepaid Multi-Year Enrollment Option

Parents of already-enrolled students have the option of extending and prepaying (discounted) General Tuition and Resource Tuition for two or more additional years.  The cost for the full term of the Multi-Year Enrollment contract is based on the cost of the first additional year and is unaffected by any future tuition increases during the tenure of the contract. Second (or third) child discounts also apply -- for the full term of the contract, even if an older sibling graduates.  It is required that the Resource Tuition be paid in full for each of the (two or more) years of the Multi-Year Contract, as well as the Technology Fee.

The Resource Tuition for 2016 - 17 is $240 for preschool and $450 for K - 12th grades. The initial Enrollment Tuition remains unchanged, $250 for preschool, $500 for K - 3rd and $750 for 4th - 12th. The Technology Fee is $150 for all students, grades K-12.

Resource and enrollment tuition and technology fee paid under a Multi-Year Contract are nonrefundable except in the case of catastrophic illness of the child, which condition must be demonstrated to the school's satisfaction.  No refunds are payable for voluntary withdrawals, expulsions or moving out of town.  In the event of catastrophic illness, the refund due will be determined by recalculating costs according to usual, current tuition terms, without the discount for prepayment for multiple years, and then will not be payable for four months after the date enrollment ceases.

The savings are based on the following table:

Multi-Year Factors

No. of yrs.
prepaid

2

3

4

5

6

7

8

9

10

11

12

Multi-year
factor

95%

90%

85%

81%

77%

73%

70%

66%

63%

60%

58%

If you are interested in a Multi-Year Contract, please contact the Business Office.