Tuition

Admission Package including Rate Schedule

Payments

The Capital Levy fee is due with the Admission application.

The Membership fee for the current school year and the next school year are due with the Admission application.

In subsequent years the membership fee is due with tuition.

There are three options for making payments:

One payment on or before July 1 (this option provides a 1% discount for the tuition and transportation fees due)

or

Two payments on or before July 1 and December 1.

or

Twelve pre-authorized payments starting July 1. To select this option, complete the Pre-Authorized Payment form and attach a VOID cheque. Your payments will be deposited into the King’s Christian Collegiate account at Prosperity One Credit Union.

Late Payments

All accounts in arrears without consultation with the Financial Services office will be charged 1% per month.

Refund Policy

King’s Christian Collegiate has developed policies to protect the integrity of prudent financial planning while respecting the changing financial reality for families with students enrolled in the King’s program. In extenuating circumstances involving major health concerns or other challenging circumstances, a differentiated policy may apply. In all other circumstances of withdrawal from King’s Christian Collegiate during the school year, whether voluntary or involuntary, the following refund policy will apply:

• The Capital Levy is not refundable.
• The Membership Fee is not refundable.
• The Transportation Fee is refundable on a pro-rated basis.

• The Tuition paid is refundable consistent with the schedule as outlined:
• If a student withdraws prior to October 1, a tuition payment of $4000 is fully due and the balance of payments is refundable. If $4000 has not been paid by the date of withdrawal, the balance is due within 30 days from the withdrawal date.
• If a student withdraws on or before the end of the First Semester (usually February 1), 50% of the tuition plus $2000 is fully due. The remaining payments are refundable. If 50% of the tuition plus $2000 has not been paid at the time of transfer or withdrawal, the balance is due within 30 days.
• If a student withdraws during the Second Semester, all fees are fully payable and there are no refunds available. If all fees have not been paid, the balance is due within 30 days from the date of transfer or departure.

Tax Receipt Policy

King's Christian Collegiate is a registered charity. As a charity, a portion of the tuition paid may qualify for an official receipt for income tax purposes. The King’s Financial Services office calculates the amount eligible using a formula based on Canada Revenue Agency regulations. The actual amount of the receipt that can be issued depends upon individual family situations and the financial costs of providing education as reported on the annual audited financial statements. Receipts are issued in January following the close of the previous calendar year.

Scholarships and Bursaries

King’s Christian Collegiate offers a readily available scholarship and bursary program designed for the well-being of King’s families. From inception, King’s has maintained a clearly stated strategic goal that welcomes families from a wide range of incomes to participate fully in the King’s program. Financial relief is available for tuition fees, transportation fees, for service trips fees and other program excursions. Scholarship applications are simple and require a minimum of information; bursary applications require additional financial disclosure.

Application Process

Application forms for Scholarships and Bursaries can be printed from our website or by requesting the appropriate form from the Financial Services office. Please submit the completed form addressed to the Scholarship and Bursary Group in a sealed envelope clearly labeled CONFIDENTIAL.

Scholarships:

Challenge Scholarship

The Challenge Scholarship is designed to give students who value admission to King’s Christian Collegiate an opportunity to apply for admission based on their determination, sense of social disadvantage, desire to develop their character as a follower of Jesus, participate in a specific King’s program and/or  special circumstances whereby a King’s education is not financially accessible. A one to two page document or a portfolio or an in person presentation will accompany the application for a Challenge Scholarship. We encourage you to challenge us to grant admission based on your effective presentation and unique personal circumstances. There are a limited number of four year Challenge Scholarships available each year.

Bursaries:

Community Bursary

The founding parents of King’s Christian Collegiate established an enduring goal to ensure that a King’s education would be affordable to a broad spectrum of economic realities.  It is a genuine desire of the Board and member families to ensure that the King’s community includes families who may find the tuition and other fees associated with a King’s education prohibitive; hence, the offer of generous Community Bursaries.  The bursaries range from 10% to 90% of the posted tuition rates. Full disclosure of all assets, income, expenses and liabilities is required to be considered for this bursary.

Nine-One-One Bursary

A crisis is never expected. A financial catastrophe may descend upon one’s business, career or home at the most inopportune time. The 911 Bursary is designed to assist families in crisis while maintaining educational stability and community for the children. To receive this bursary, parents are asked to provide a brief description of the nature of the unexpected circumstances, the expected duration and minimal financial information.

Global Awareness Trip Bursary

During their years at King’s, students are encouraged to participate in at least one of the many Global Awareness trips offered each year. We are confident that these trips are a blessing to the destination locations and are instrumental in the character formation of participating students. Whenever the barrier to participation is financial, we encourage students to apply for a Global Awareness Trip Bursary. The value of these bursaries ranges from $100 to 50% of the cost of the excursion.