Costs

Financial Information 2007/08

In order to ensure the timely payment of Cadet accounts and to provide a basis of action for non-compliance, the Board of Trustees has directed the President to implement the following comprehensive policy regarding payment of the enrollment fee:

1. Charges

All Hargrave Military Academy charges will be paid in accordance with the following schedule. Your personal check, VISA, Master Card, American Express, or Discover Card will be accepted.

a. Application Fee: $75.00 for U.S. Resident; $150.00 for Non-U.S. Resident; U.S. funds, non-cash, to be supplied with application. This fee is non-refundable.

b. A $2000.00 non-refundable deposit is due within 14 days after receiving the Letter of Acceptance. The $2000.00 will be credited to your first tuition payment.

c. For tuition, please refer to Tuition Plans.

2. Required Uniform Fee

a. Hargrave does not permit civilian clothing, thus all clothing worn (with the exception of underwear, sleeping apparel, etc.) on campus, and to and from the Academy, will be of the standard uniform issued to all Cadets or articles that are authorized to be purchased through the gift shop on campus.

b. The initial uniform issue is included in the enrollment fee for all new boarding Cadets.

1. $2,200.00 covers the complete uniform including a Hargrave backpack, gym clothing, dress shoes, camouflage fatigues, school clothing, combat boots and formal dress. A complete list of articles will be furnished by our quartermaster should you wish that information. Second semester student uniform cost, (boarding student only), is included in Tuition Plans.

2. Students who purchase more than the standard allotment or will be charged for such.

3. Initial "rank" issue is provided by the Academy at no cost.

4. Returning students will be billed for replacement of uniforms as purchased.

3. Other Fees
Driver Training - As Assessed
Returned Check Fee - $30.00
Diploma Fee (senior) - $75.00
Transportation Fees - As Assessed
Special Interest Clubs - As Assessed

Note: Special courses, such as art and advanced mathematics, may require the purchase of additional supplies not covered in the enrollment fees.

4. Hargrave Student Fund - Boarding Students Only
The Academy requires that parents deposit money in the Hargrave Student Fund to cover their son's weekly allowance (suggested amounts range from $15 to $20 weekly). In addition to the weekly allowance, a $350 incidental fee and a $200 damage fee and lock deposit are also required. The incidental fee is used for weekend passes, emergency travel, ring orders, college applications, SAT/ACT tests, etc. and the damage fee will be used to cover any damage done by the Cadet and will be returned at the end of the school year if there are no damage charges and your account is paid in full.

5. Health and Accident Insurance
Included in your fees is a supplemental insurance policy which provides 24-hour accident coverage for your son during the school year. All students must be covered by a personal health insurance plan.

6. Financial Obligations

a. The signing of the HONOR CODE by the student on his registration day begins the one school year financial obligation of the parents (guardian) to the Academy.

b. Upon Withdrawal or Dismissal from the Academy, the enrollment fee for the remainder of the school year will be charged and is due upon demand along with remaining balance of Cadet's account.

c. Second Semester Enrollees - When a student enters the Academy for second semester only, the signing of the HONOR CODE on his registration day begins the financial obligation of the parents (guardian) to the Academy.

d. An Enrollment contract and Promissory note for full year enrollment is required.

7. Any Account in Arrears will be subject to the following:

a. The Academy will assess a finance charge of 1 1/2% per month (18% per year) against all charges unpaid thirty days after their due date.

b. Cadets whose accounts are not current will be not be permitted to take mid term / final exams and may be dismissed or required to withdraw from school.

c. Account will be turned over to a collection agency, all fees will be paid by parent (guardian).

d. The student's academic transcript will not be released.

FINANCIAL AID INFORMATION: Please see the Financial Aid Application for further information. You may request a Financial Aid Application by contacting the Admissions Office, 434-432-2481.