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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 2018-19 and future years are based on the tuition schedule adopted by the Runnels School Board of Trustees on March 15, 2017, and will remain in effect until a new schedule is adopted during Spring, 2018.

Prepaid Single Year Enrollment Option for 2018-19

The “normal” enrollment period for School Year 2018-19 is January, 2018 -- no change from procedures in past years. However until December 31, 2017, parents of children already enrolled in Runnels for school year 2017-18, may if they choose enroll and prepay for school year 2018-19. They will be paying at the 2018-19 rate adopted by the Runnels School Board of Trustees on March 15, 2017. The costs during the “normal” enrollment period (January, 2018) will reflect the same base rates. The Technology Fee is $0 for Preschool, $180 for grades K-3, and $240 for grades 4-12.

The resource tuition for 2018-19 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 2018-19

Month of payment

Preschool
Full day

Grades
K - 3

Grades
4 - 6

Grades
7 - 12

 

 

 

 

 

April, 2017

7125 8158 8660 9099

May, 2017

7197 8240 8748 9191

June, 2017

7270

8323

8836

9283

July, 2017

7344

8407

8925

9377

Aug., 2017

7418

8492

9015

9472

Sept., 2017

7493

8578

9106

9568

Oct., 2017

7568

8665

9198

9664

Nov., 2017

7645

8752

9291

9762

Dec., 2017

7722

8841

9385

9860

Jan., 2018

7800

8930

9480

9960

Feb., 2018

7878

9019

9575

10060

Mar., 2018

7957

9109

9671

10160

If paid by 15th of
month, reduce by

39

45

48

50

 

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 2018 - 19 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 $0 for Preschool, $180 for grades K-3 and $240 for grades 4-12.

Resource and enrollment tuition and technology fees 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.