Cornerstone Christian Preparatory Academy

FINANCIAL PHILOSOPHY

Cornerstone Prep is committed to academic excellence, which necessitates a long-term commitment to qualified, dedicated faculty and an ongoing investment in their continuing education. We heartily endorse the Christian high school experience as the final significant academic journey before teens are released as legal adults into the care, custody and control of post-secondary educators. Parental investment in assuring their teens’ competence as Godly, critical thinking scholars is therefore priceless and of lifelong value.

Having stated that, we realize that college is on the horizon for the majority of our students, and pledge to:

1. Make every effort to keep tuition affordable, including the availability of financial aid, tuition payment plans and scholarships so that every mission-appropriate student who desires a Cornerstone Prep education has the financial resources to make it possible; and

2. Provide an environment of academic study and extracurricular activities that is rigorous and effective so that students qualify for college scholarships and college credits based on above average performance, successful completion of AP classes, high class rank and scores on PSSA, SAT and ACT tests, as well as athletic, fine arts, music and other scholarships.


TUITION AND FINANCIAL AID INFORMATION for 2010-11

(Scholarships and Financial Aid may be available to qualified applicants- ASK!)

Tuition for full time students $ 5950.00

Registration Fee (Non-Refundable) $ 150.00

Monthly payment plans are available through FACTS Tuition Management

Register now for monthly payments at:  https://ecashierk12.factstuition.com/ecashierk12/Controller?&query=0F901/15317

Peace of Mind insurance is a $12 per year fee that pays tuition in full for your child in the event of the death of the primary tuition payor.  You will be asked if you wish to participate in this program when you enroll with FACTS.

Tuition reduction is offered as available to qualifying students through:

1. Educational Improvement Tax Credit Scholarships

Scholarships for up to 90% of tuition may be available, depending on fund availability and financial need- Income guidelines apply.  An eligible student is a school age student who is a resident of Pennsylvania enrolled in a school located in this Commonwealth and who is a member of a household with an annual household income of not more than $50,000, except that an additional income allowance of $10,000 is permitted for the student and for each other dependent (as defined by the IRS) living within the same household. “School age” ranges from the earliest admission age for a school's kindergarten program through the age attained upon graduation from secondary school or 21 years of age, whichever occurs first.

A household includes an individual living alone or an individual living with the following:

a. a spouse, parent and their unemancipated minor children;
b. other unemancipated minor children who are related by blood or marriage; or
c. other adults or unemancipated minor children living in the household who are dependent upon the
individual.

In calculating household income for the purpose of determining student eligibility, all moneys and property received of whatever nature and from whatever source are to be included, except for the following:
a. Periodic payments for sickness and disability other than regular wages received during a period of sickness or disability.
b. Disability, retirement or other payments arising under workers' compensation acts, occupational disease acts and similar legislation by any government.
c. Payments commonly recognized as old age or retirement benefits paid to persons retired from service after reaching a specific age or after a stated period of employment.
d. Payments commonly known as public assistance or unemployment compensation payments by a governmental agency.
e. Payments to reimburse actual expenses.
f. Payments made by employers or labor unions for programs covering hospitalization, sickness,disability or death, supplemental unemployment benefits, strike benefits, social security and retirement.
g. Compensation received by United States servicemen serving in a combat zone.

Example: a family that earns $60,000 or less per year and has one dependent child qualifies, $70,000 and two dependent children, $80,000 and three dependent children, etc.

2. Privately funded scholarships- based on guidelines of the scholarship grantor

3. Corporate scholarships- based on guidelines of the scholarship grantor

Applications for financial aid are confidentially submitted directly to FACTS for third party verification and award recommendations. 

"We're to acknowledge God owns all of the world's resources. Whatever we have is a gift from His hand. Remember His goodness and love, which prompted Him to sacrifice His Son. Accept that belonging to Him means releasing our grip on our finances and trusting Him to meet our needs."  Dr. Charles Stanley

To apply for Financial Aid or Scholarships please make your request to Mrs. Cindi McCall- cindimccall@cornerstoneprep.net or by phone at (724) 941-1233

Families interested in confidentially applying for financial aid or scholarships will need to

complete an application and submit the necessary supporting documentation directly to the company that we designate based on the available scholarship sources at the time.  Call us for information.