(609) 499-2100
2045 Columbus Road

                  

Financial Aid Policy

Life Center Academy is committed to provide a quality education in a Christian environment to students from all social and economic backgrounds. A Financial Aid Fund has been established for Life Center Academy. The available money will be used to aid qualifying families to meet tuition costs only. Parents/Guardians are responsible for application, registration, uniforms and any applicable fees. All awards are based on demonstrated need and are reviewed each year. Families of new and returning students at any grade level, where tuition constitutes over 10% of a family’s income, may apply for financial aid.

Life Center Academy depends on alumni, family and friends for financial support. We therefore request that families applying for financial aid pursue assistance through their families, other scholarship funding and make reasonable sacrifices to finance the education of their children. Students must be in good standing academically and behaviorally. All recipients of Financial Aid are expected to provide voluntary services that would support and promote Life Center Academy and are required to participate in our annual fund raisers.

A family must complete all the steps of the application process and the student must be accepted before they can apply for financial aid. The admission process and financial aid are two different situations. Returning students must pay the registration fee for the coming school year, as well as any outstanding tuition before they are considered for financial aid. A student’s financial need does not influence their admission or re enrollment at Life Center Academy.

Financial aid applications should be submitted by April 15th for returning families and May 15th for new families. Applications should be submitted through FAST Management Company by clicking on the button at the bottom of the page. There is a $41.00 fee payable through the online service.

Tuition assistance to families is based on financial need, which is determined by a thorough evaluative process beginning with your application through FAST- Financial Aid for School Tuition. FAST, created by Independent School Management, evaluates a family’s ability to pay tuition based on a variety of factors. Among the factors considered are, income, net worth, housing costs, number of children paying tuition and cost of living for our area. Upon the FAST recommendation, Life Center Academy’s Tuition Assistance Committee evaluates the recommended award based upon our applicant pool and available dollars.

If Life Center Academy is able to provide a financial aid award, a letter will be sent with the amended amounts. A family that has been offered an award must accept the award by signing the amended financial statement within two weeks of receipt of the letter. LCA reserves the right to withdraw financial aid if the recipient’s account is not paid on a current basis through the school year.

Life Center Academy will treat as confidential all financial information provided by families. The information will only be available to those people directly involved in the financial aid decision making process. Life Center Academy does not discriminate on the basis of race, color, nationality or ethnic origin in administering its financial aid program.