Tuition & Financial Assistance
- K-12 Tuition Rates for 2019-20
- Preschool Tuition Rates for 2019-20
- Academic Fees and Expenses
- Payment Plans
- 529 Plans: A Note to Parents and Guardians
In an effort to help families budget for educational expenses over the course of the school year, CPA has included most fees in the annual tuition cost. These fees include:
- school supplies
- downloadable textbooks
- field trips
- standardized testing expenses
- personal IPADS for middle school
A parent will not receive a separate bill for the above fees which are included in tuition.
The fees below are not included in the annual tuition amount and are billed separately:
- Overnight field trip fees for grades 5-12
- AP course test fees which are specific to Upper School students registered in AP courses
- Participation fees in select extracurricular sports and arts programs
- Tuition Refund Program (TRP) which is required for first-year students and optional for returning students
- CPA lunch program - Participation in the CPA lunch program is not mandatory. Students may elect to purchase a semester or full-year lunch plan, purchase lunch on select days or bring their lunch.
For more specific information on fees, please email email@example.com.
The Tax Cuts and Jobs Act was signed into law on December 22, 2017, which brings about the largest tax reform since 1986. While most of the focus has been on the changes to corporate and personal tax rates and deductions, the plan also includes many other small provisions that tend to be overlooked. One of these provisions expands the benefits of 529 savings plans.
A 529 plan is a tax-advantaged savings plan originally designed to help families pay for college. The main advantage of a typical 529 plan, over a normal savings or investment account, is that the earnings are not subject to federal tax and are typically not subject to state tax, as long as the funds are used for qualified education expenses.
With the new tax bill, distributions of up to $10,000 per year, per beneficiary can now be used for elementary or secondary public, private, or religious school tuition. While this is a great new benefit, it may require individuals to revisit their investment strategy with their financial advisor. This information is provided for informational purposes only, and we ask that you seek the advice of your tax professional prior to making any decisions concerning 529 plans.
CPA is committed to expanding access to families pursuing Christian education, and we do provide need-based financial assistance to qualifying families. Parents are asked to submit an application for financial assistance which is a separate application from the application for admission. Awards for qualifying students in 2019-20 ranged from $725 to $14,700.
Important Dates for Financial Assistance
- Financial Assistance Application Portal Opens - November 1, 2019
- Financial Assistance Application Due - January 31, 2020
- Supporting Financial Assistance Documents Due - February 14, 2020
- Financial Award Decisions Mailed - February 28, 2020