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info@elginacademy.org
 

National Association of Independent SchoolsProud Member of NAIS

 
 

350 Park Street
Elgin, IL 60120
phone: 847.695.0300
fax: 847.695.5017

 

Copyright ©2008
Elgin Academy
All rights reserved


Payment Options
2008-2009

New for 2008-2009 | Payment Option Details and Deadlines
| Campus Parking |


Please review ALL payment option details below BEFORE clicking on the eCashier logo to set up online with FACTS (if you are choosing a payment plan other than pay-in-full).


New for 2008-2009 - Look for these updates!
~ Enrollment Agreement:
For RETURNING NON-AIDED families who select the FACTS Online Payment Options, input must be completed online by March 15, 2008 -and- you must include your student's "FACTS Agreement Number" in the space provided on his/her paper contract. [Please review all payment option details below before clicking HERE to set up online with FACTS.]

~ 3-in-1 Sign-Up Form for "Optional EA Services": We have simplified the process of signing up for optional school services by combining these three options onto ONE sign-up form:

- Transportation (Bus Request)
- Extended Day Program (PS-Grade 8)
- Hot Lunch Program (Grades 1-4 Only)

A copy of this combined sign-up form was included in your child's Re-enrollment Packet and is available for downloading in PDF format HERE.

~ Include the cost of "Optional EA Services" in your FACTS Online Payment Plan: Families who choose the FACTS Online Payment Plan can now include their Bus fee, extended Day Program fee, and their Hot Lunch Program (Grades 1-4) into their FACTS balance (if you choose). This is option is for FACTS payment plan students only. (Students who opt to pay-in-full by August 5th still pay in full for these three services and their remaining balance by 8/5/08.)


PAYMENT OPTION DETAILS

Online Tuition Payment Plan
EA has partnered with FACTS Tuition Management to streamline the tuition and fee billing process. The FACTS system offers a number of benefits to families who choose the Two-Semester or Multi-Month payment plans, such as:

  • the ability to select your payment date (5th or 20th of the month)
  • the convenience of having your payments withdrawn directly from your checking, savings, or credit card account (details below)
  • the ability to view your student's account online 24/7
  • the ease of reviewing your account and making adjustments from the comfort of your own home.
  • DEADLINE FOR SETTING UP ONLINE FACTS PAYMENT PLAN: March 15, 2008 (returning non-aided students only)
    April 1, 2008 (returning aided students only)
  • New for 2008-2009: Remember to include your child's "FACTS Agreement Number" in the space provided on his/her Enrollment contract before submitting to the Admission Office.

Once you receive your student's Enrollment Packet simply:

  • REVIEW YOUR CHILD'S ENROLLMENT AGREEMENT CAREFULLY AND THOROUGHLY
  • Select a Payment Option and sign your student's Enrollment Agreement
  • Return the signed Agreement and deposit (made payable to Elgin Academy) to the Office of Admission
  • EARLY DEPOSIT DISCOUNT DEADLINE (returning non-aided students only): Return your signed Agreement and deposit by March 1, 2008 and we will apply a $100 credit toward your tuition balance! (Not to be deducted from your deposit check. Early deposit discount does not apply to aided or newly admitted students for Fall 2008.)
  • STANDARD DEPOSIT DEADLINE (returning non-aided students): March 15, 2008 [If received after March 15, 2008 we will not be able to guarantee a space for your child.]
  • NOTE TO RETURNING AIDED STUDENTS: Re-enrollment packets will go out the week of March 17th with a revised Deposit Deadline of April 1st. A blast e-mail was sent out on 3/13/08.
  • If you select the Two-Semester plan or the Multi-Month payment plan, you must input your student's payment information online at eCashier no later than March 15, 2008 (April 1st for returning aided students) -and- enter your child's "FACTS Agreement Number" on his/her contract. [REMEMBER: FACTS online input must be re-setup every new school year for each student.]
  • EA's FACTS ID#: 84905 (for 2008-2009)

 

~ CREDIT CARD PAYMENT OPTIONS: Whether you choose to PAY IN FULL, the TWO-SEMESTER PAYMENT PLAN, or the MULTI-MONTH PAYMENT PLAN, you can pay by credit card! You may pay your tuition and fees (does NOT include deposit) using one these three major credit cards -- Discovery, American Express, or MasterCard!**
[**The pay-by-credit-card option is provided by FACTS eCashier. An additional fee will be charged by FACTS for this service. This additional fee is not included in your Enrollment Agreement. TO SET UP YOUR PAYMENT OPTION USING A CREDIT CARD, PLEASE CALL FACTS AT 1-800-233-1096. Sorry, FACTS does not accept VISA cards at this time.]

Payment Option Selections
EA offers three options for paying tuition and fees (less your student's deposit):

1) Plan A: Pay in Full by August 5th
(Pay-in-full statements for 2008-2009 will be sent out the first Friday in July.)

- pay by check or money order directly to the Academy
- please make check payable to Elgin Academy
- need to set up with FACTS by phone only if paying by credit card
Questions? Contact Elaine Suitts in Student Billing, 847.695.0309, ext. 203

2) Plan B: Two-Semester Payment Plan
- the first of two equal payments will be deducted automatically from your designated bank account on August 5th
- the second of two equal payments will be deducted automatically from your designated bank account on January 5th
- must set up payment option online with FACTS by MARCH 15, 2008 (April 1st for returning aided students)
- FACTS online input must be re-setup every new school year for each student.

Questions? Contact Elaine Suitts in Student Billing, 847.695.0309, ext. 203

3) Plan C: Multi-Month Payment Plan
- 10 months maximum [Must be setup online by March 15, 2008 (April 1st for returning aided students.]
- your designated bank account will be debited automatically in equal payments on the 5th (or 20th) of the month from May 2008 through February 2009
- must set up payment option online with FACTS by MARCH 15 (April 1st for returning aided students) to qualify for the maximum of ten payment months (input after March 15 will reduce the number of payments)
- FACTS online input must be re-setup every new school year for each student.
Questions? Contact Elaine Suitts in Student Billing, 847.695.0309, ext. 203

For families who choose the Pay-in-Full by credit card, the Two-Semester plan, or the Multi-Month payment plan, please use the FACTS secure online set-up feature. Simply click on the eCashier link or logo to proceed to the secure FACTS website. Remember, you must set up each child's account no later than MARCH 15Tth (April 1st for returning aided students). [FACTS online input must be re-setup every new school year for each student.]

Fees
The following fees will be included in your Payment Option Plan as noted:

  • Comprehensive Fee
    - Amount varies by grade and will be outlined on your student's Enrollment Agreement
    - Only Grades K-12 have Comprehensive Fees
  • $75 Parent Association Fee
    - One fee per family per academic year
  • Tuition Protection Plan (TPP)
    - TPP is .025% of Tuition only
    - specific TPP amount will be calculated on your student's Enrollment Agreement
    - TPP is required for Plans B and C (optional for Plan A)
  • Payment Plan Processing Fee
    - $300 per student required for Plans B and C only

FACTS Customer Service
Once you have set up your student's account online, you can review your information or make changes online by visiting the FACTS Tuition Management site at www.factsmgt.com and logging on to My FACTS Account.

If you wish to speak directly with a customer service representative, please call 1-800-233-1096 Monday through Thursday, 7:30 a.m.-7:00 p.m. (CT) and Friday 7:30 a.m.-5:00 p.m. Please have your FACTS Access Code (determined by you) when you log on or call Customer Service.

EA's FACTS ID#: 84905 (for 2008-2009)

"My FACTS Account" for 2007-2008
For information on your 2007-2008 account, please remember to go directly to "My FACTS Account" at www.factsmgt.com. You will be asked for the login and password that you established for 2007-2008.

 

For additional information on the Admission Process or Payment Options, please contact:

Mr. Shannon Howell
Director of Admission, Marketing, and Financial Aid
847.695.0303
showell@elginacademy.org

 

Mary Ann Schumacher
Admission Assistant/Web Designer
847.695.0303
info@elginacademy.org

Admission Office Hours:
8:00 a.m. - 4:30 pm on school days
8:30 a.m. - 4:00 p.m. spring/summer/winter break hours

 

 

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Updated Monday, November 17, 2008