Financial Information

Tuition

All students are charged the same annual tuition rate SY 2022-2023 $14,752.00. If a constituent rate is available, a copy of the Church Membership verification form will be required. Annual tuition rates are subject to change by 1.5%-2%. When the annual tuition charges are paid in full at registration, a 5% cash discount will be given. A 2% discount is available when paying by the semester. Tuition charges may be paid on a 10, 11, or 12-month payment plan, as approved by the TA Business Office. ALL families on a monthly payment plan must make payments through Blackbaud (formerly Smart Tuition).

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Blackbaud
Payment System

  • 24/7 Access to view bills and make payments through a convenient and secure system

  • Monthly Invoices - this option provides you the flexibility of mailing in your payment, making a phone-in payment, or paying online at www.parents.smarttuition.com

  • Automatic Deduction - have your payment automatically deducted from your bank account or credit card. Automatic deduction is convenient and reliable. Monthly payments are made automatically, and you never need to worry about reminders, postage, lost checks, or mail delays.

Registration/
Entrance Fees

All students are charged the same non-refundable registration/entrance fee of $875.00. This fee includes textbooks, technology, yearbook, class dues, one standardized test (PSAT) for 9-11 graders, insurance, a key lanyard with an ID card, etc. The entrance fee does not include graduation fees, required wear for performing arts or athletic organizations, instrument rental, or other extracurricular activity fees.
This fee is not eligible for discounts.

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FAMILY FEE:
$300.00 per Family

SENIOR GRADUATION FEE: $150.00

Dates
Item Due
July 1, 2022
First installment due – 12-month payment plan (Ending in June)
July 1, 2022
First installment due – 11-month payment plan (Ending in May)
August 1, 2022
First installment due – 10-month payment plan (Ending in May)
August 31, 2022
Full payment of tuition (5% discount) and first installment for semester tuition payments (2% discount)
January 1, 2023
Second installment due – Semester payment plan (2% discount)
May 30, 2022
Returning student entrance fee ($250) is due on RenWeb with re-enrollment
July 15, 2023
Returning student entrance fee balance ($625) is due
July 15, 2023
New student entrance fee ($875) is due.
May 30, 2023
Returning student deadline to submit FACTS application
June 30, 2023
New student deadline to submit FACTS application

Scholarships and Financial Assistance

Takoma Academy is committed to providing sufficient necessary funds to

make it financially possible for students to attend. This commitment is

partnered with parents, church, and school. Together we are forging an effort

to make Adventist education affordable to all families that would like to attend.

Scholarship Opportunities

Academic Scholarships:*

New and returning students qualify for Academic Scholarships based on their GPA from the previous school year as follows:

● GPA of 3.75 or above ...... $600 ($60 per month while enrolled)

● GPA of 3.5-3.74 ...................$300 ($30 per month while enrolled)

*Renewable Scholarship

 

Leadership Scholarships:**

Freshmen qualify for Leadership Scholarships as follows:

● Class President ................. $400 ($40 per month while enrolled)

● Class Vice President ........$250 ($25 per month while enrolled)

**One-time Scholarship

 

Merit Scholarship Program (MSP):*

Students new to TA may qualify for a Merit Scholarship based on scores achieved within the past 12 months on standardized tests, such as ITED, ITBS, and PSAT. MSP students may receive up to $10,000 during 4 years at TA. (MSP students are not eligible for Academic Scholarships). To maintain the MSP status for the next semester students must maintain a minimum GPA of 3.4 or above. If a student’s GPA drops below 3.4 for two consecutive semesters, the student is discontinued from the MSP.

GPA/Percentile Score First Semester Scholarships

● 95th or above ..........$1,250 ($250 per month)

● 90th to 94th ..........$1,000 ($200 per month)

● 85th to 89th ..........$750 ($150 per month)

*Renewable Scholarship

 

Ability Scholarships (AS):**

Students new to TA may audition to qualify for Ability Scholarships in the areas of vocal and instrumental. Students must have developed a high level of ability to qualify for Ability Scholarships and are expected to participate fully in the activity for which they have received the scholarship. A limited number of Ability Scholarships will be available each year to new TA students based on skill levels determined by selected TA faculty.

Ability Scholarship ranges from $500 - $1000 ($50.00 - $100.00 awarded each month)

**One-time Scholarship

Financial Assistance

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Families who are seeking financial assistance are to complete the following:

  1. Parents must first submit a request for assistance with the church that holds their membership.

  2. Provide TA with a letter from the church, indicating if you were approved/denied, and for how much.

  3. Complete and submit TA’s Financial Assistance Application. The FACTS application may be completed online. The School Code for TA is 10892. A hard copy of the FACTS form is also available in the TA Business Office.

  4. The Business office will provide you with a financial plan via email for review.
    RaShawna Young Email:  ryoung@ta.edu
    Debbie Henri Email:  debhenri@ta.edu