Financial Facts

Charlotte Latin School endeavors to provide an excellent education available to those students who will beneft from and contribute to the life of the School. To support this goal, tuition assistance is available to qualified candidates through need-based financial aid and scholarships. 

Tuition and Fees

2014-15 Tuition and  Fees

Transitional Kindergarten and Kindergarten

$16,400

Grades 1 - 5

$19,100

Grades 6 - 12

$20,650

A non-refundable deposit of $1,800 is required at the time of initial enrollment or re-enrollment; this amount will be deducted from the second tuition payment. No student can be enrolled or re-enrolled without this deposit.

Tuition includes most course and laboratory fees. Textbooks are included in Transitional Kindergarten through Grade 5 tuition costs, but are an additional expense in Grades 6 through 12. Also, for Grades 5 through 8 and Grade 12, there will be an advance payment of up to $125-350 for class trips. Student Accident Insurance ($34), Tuition Refund Plan (0.55% of tuition), and Yearbook ($67) are optional charges and will appear on the June bill as such.

An annual technology fee of $295 will be assessed for our 1:1 iPad program for students in grades 3-8. This fee covers approximately one-third of the costs for the iPad program including the iPad, case, and insurance.

Advance payment of tuition for the full year is encouraged, but, for the convenience of parents, the following payment options are offered:

Two Payment Plan (June 25 and November 25)  
Payments may be made in two installments, with one half of tuition due by June 25 and the balance, less the $1,800 deposit, due by November 25.



Monthly Payment Plan
  With the monthly payment plan, you pay the $1,800 deposit at the time of enrollment or re-enrollment and then make monthly payments beginning in May and ending in December. There is no fee or service charge if payments are made on time.



Loan Programs  
Please contact the CLS Business Office for information on loan programs that are available from outside organizations.

All tuition must be paid before students may attend classes following the respective tuition due dates. A service charge of 1.5% per month will be added to all tuition charges that are not received or postmarked by the respective due dates. All miscellaneous charges must be paid before re-enrollment can be offered, report cards issued, diplomas awarded, or transcripts released. Miscellaneous charges during a month will be billed at the end of that month and are due when received. A monthly service charge of 1.5% (18% annual) will be added to any unpaid balance.

Charlotte Latin School has need-based, financial aid funds available for qualified families. The deadline for applying for financial aid for TK and Kindergarten is January 15, 2014, and for grades 1-12 is February 15, 2014. 

If a financial emergency should occur, please contact the CLS Business Office.

Bus Service Annual Fees 2014-2015      

Round Trip$1,185
One Way$770
Activity Bus$270 for each season (no charge if paying round-trip fare)

 

 

 


Extended Day (Per Semester) Fees 2014-2015*

Session A Kindergarten/TK

Times per week

1-Day

 2-Day

3-Day 

4-Day

 

5-Day

1:30 - 3:10 M-T-W-TH-F

$230

$460

$685

$915

$1,145

1:30 - 4:30 M-T-W-TH-F

$415

$815

$1,235

$1,630

$2,050

1:30 - 6:00 M-T-W-TH-F

$610

$1,220

$1,840

$2,430

$3,080

3:10 - 4:30$190$360$545$735$930
3:10 - 6:00$385$770$1,165$1,150$1,935


*A non-refundable registration fee of $50 is required at the time of enrollment in the Extended Day Program.

Funding An Independent School Education at Charlotte Latin

Charlotte Latin School, like all independent schools, is responsible for its own funding without the benefit of revenue from the local, state, or federal government. Tuition and fees (that are fully taxable) provide most of the revenue needed to educate students. The balance comes from charitable donations and gifts, which are tax-deductible to the full extent the law allows.

Charlotte Latin has consistently maintained a conservative fiscal policy while continuing to strengthen its educational program and improve its facilities. The operating budget, which is supported, in part, by The Latin Fund, provides funding for educational programs, financial aid, faculty and staff salaries, and Latin’s day-to-day needs. The School’s endowment serves its longer-term needs, such as faculty professional development, endowed student financial aid awards, and capital needs outside of campaign restricted dollars.

The history of giving and the tradition of generosity at Latin continue to make the difference in our School’s success. Without significant increases, tuition and fees will not cover the full cost of educating a student, so it is important that each family be prepared to make a tax-deductible annual gift. Families who are new to the School are invited to participate in the New Family Campaign, a Latin tradition that provides invaluable support for the School’s programs. The Latin Fund is an annual giving program which provides an opportunity for members of the entire community to include the School in their philanthropic priorities each year.

Financial Assistance

Financial Assistance


Charlotte Latin School is pleased to offer need-based financial assistance to our students. The purpose of the Charlotte Latin School Financial Aid program is to assist those families who face a situation where the cost of attendance exceeds their ability to pay. Financial aid is available through the School's general financial aid fund, or in the form of scholarship endowments established by donors specifically to provide financial assistance for Latin students. Although the School is prepared to assist those students who qualify for need-based aid, the School also feels that each family should make an appropriate financial contribution to the cost of the children’s education. The goal of the program is to provide the opportunity for academically qualified students to attend Charlotte Latin, regardless of their financial status.

All families with current students or those applying for Transitional Kindergarten through Grade 12 are eligible to apply for School-sponsored tuition assistance. (Tuition assistance awarded for Transitional Kindergarten is never more than 1/2 of the total tuition.) The financial aid application process is confidential. Only the applicant and the Financial Aid Committee will have access to the information provided. This information should not be discussed with other families or other schools.

How to Apply for Financial Assistance

How to Apply

First, please complete the Financial Aid application when you complete the admissions application. Charlotte Latin uses an online application process and families can begin the process at sss.nais.org. Please follow all of the online financial aid application directions and electronically submit all of the applicable requested information by the appropriate due date. Remember, families must complete the financial aid application process before they can be considered for a scholarship. If you have any additional questions or concerns, please contact: Christopher Downing, Director of Financial Aid, at 704.841.7470 or via e-mail: cdowning@charlottelatin.org.

Within two to three weeks, SSS will send a report to Charlotte Latin School's Director of Financial Aid that summarizes the family’s finances and indicates an Estimated Family Contribution (EFC). The EFC is based on the income, assets, and liabilities of the family and is divided by the number of children who attend tuition-charging institutions. The completed file will be evaluated by the School’s Financial Aid Committee and will be treated confidentially and separately from the admissions application process. While the Committee attempts to meet the demonstrated need of the applicants, rarely will it provide an award that is equal to 100% of the tuition and fees. Need is based on the estimated cost of attendance (tuition plus books and fees) minus the EFC. Once an applicant has been accepted for admission to the School, the Committee will send a letter to the applicant’s family stating the amount of any financial aid that will be awarded.

Please do not wait for your admissions decision to apply for financial aid. In doing so, the available monies may be already allocated.

Financial Aid Application Deadlines

Kindergarten and TK: January 15, 2015
Grades 1-12: February 15, 2015

Scholarships

Scholarships

Charlotte Latin Scholarship Brochure

Thank you to our generous donors for endowing the following financial assistance funds:

Baird Scholarship
Barnhardt Minority Scholarship
Charlotte Latin School Scholarship
Edward E. Ford Scholarship
Elizabeth Price Van Every Scholarship
Malone Family Foundation Scholarship
R.T. Dooley - Matthew 25 Scholarship
SOAR Scholarship
William Randolph Hearst Scholarship

Funding an Independent School Education

Funding Independent Education at Charlotte Latin School

Charlotte Latin School, like all independent schools, is responsible for its own funding without the benefit of revenue from local, state, or federal taxes. Tuition and fees (that are fully taxable) provide most of the revenue needed to educate students. The balance comes from gifts, which are tax-deductible.

Charlotte Latin has consistently maintained a conservative fiscal policy while continuing to strengthen its educational program and improve its facilities. The operating budget funds Latin’s day-to-day needs, such as teacher salaries and educational programs and supplies. The School’s endowment serves its longer term needs, such as faculty professional development, student financial aid, and construction.

The history of giving and the tradition of generosity at Latin continue to make the difference in our School’s success. Tuition and fees do not cover the full cost of educating a student, so it is important that each family be prepared to make a tax-deductible annual gift. Families who are new to the School are invited to participate in the New Family Campaign, a Latin tradition that provides invaluable support for the School’s programs. The Latin Fund is an annual giving program which provides an opportunity for members of the entire community to include the School in their philanthropic priorities each year.

 

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