An Investment in Your Child's Future
We know that the decision to enroll your child in an independent school is a major financial commitment for every family and represents a serious investment in your child’s future. Falmouth Academy tuition includes classroom supplies, books, activities, in-school technology, and the cost of most field trips. Falmouth Academy is proud to offer a generous and equitable financial assistance program and various payment plans that make an FA education as accessible as possible for all of our families.
Tuition Fee 2019-20 (7th-12th grade): $30,945
Tuition Refund Insurance Policy: $449
Bus Transportation: $1,700
Woods Hole Shuttle Fee: $525
Steamship Authority Ferry Pass: $900
Falmouth Academy offers tuition assistance to families based on demonstrated need. Tuition Assistance is intended to help bridge the gap between what a family can reasonably be expected to contribute and the actual cost of the education provided by Falmouth Academy. Students must be accepted and committed to the school before a tuition award will be made. The application for assistance is online with SSS (School and Student Services). Click here for additional information about the SSS program.
Tuition Refund Policy
Tuition refund insurance is optional for families paying the tuition fee in full by July 1 prior to the start of the school year and required for all other payment plans. If a student leaves school unexpectedly during a school year, this plan provides substantial assistance to help the family meet its financial obligation to the school (subject to the terms of the policy and the amount insured). To learn more about the plan benefits, please visit tuitionrefundplan.com by AWG Dewar.
Payment Plan Options
Falmouth Academy offers three payment options:
Single Payment: Tuition and fees due in full by July 1st
Two Payment: 60% of tuition and fees due by July 1st, 40% of tuition and fees due by December 1st
Ten Payments: 10% of tuition and fees due monthly July 1st - April 1st
Payments are auto-drafted through the Smart Tuition billing system. If you have specific questions about payment arrangements, please contact the Falmouth Academy Business Office.
Financial Aid Policies
For parents who are separated or divorced, Falmouth Academy requires each parent/family to submit a Parent Financial Statement through SSS (including IRS Form 1040, W-2’s).
If the non-custodial parent refuses to submit the necessary information to SSS, the application for financial aid will not be processed. In cases where the non-custodial parent is in no way involved in the upbringing of the student, the requirement of these forms may be waived by the Financial Aid Committee. In this event, the custodial parent is required to submit a letter verifying the family’s situation from a third party, such as an attorney, minister or social worker, or a copy of the divorce settlement pertaining to one parent being exempt from contributing to educational expenses.
All parents who own a business and/or farm are required to furnish a copy of their current business tax return. They may also be asked to furnish cash flow statements, balance sheets, and any other information relevant to the business. Any losses due to property and/or equipment depreciation will not be considered when calculating financial need. We reserve the right to request additional financial information if necessary to determine financial status.
Parents Who Do Not Work
Falmouth Academy assumes that all adult family members will work to contribute to the investment in a Falmouth Academy education. To that end, when the mother or father chooses not to work, and there are no preschool children at home, income equivalent to one current school tuition is added to the calculation of need.
Exceptions may be made if the parents are caring for a disabled or critically ill child, parent, or grandparent. Parents returning to school or changing jobs as a personal choice must realize that a resulting decrease in their family income cannot be underwritten by financial assistance provided by Falmouth Academy.
Multiple Tuition-Charging Schools
If more than one child in a family attends a tuition-charging institution, Falmouth Academy requires that families apply for aid at each of the institutions their children attend. Falmouth Academy cannot subsidize tuition for other tuition-charging schools of any type. It is important to note that SSS computes the total funds available for education, and then divides that amount by the number of children attending tuition-charging schools. Copies of awards (from other institutions, elementary through college) may be requested.
Falmouth Academy’s Financial Aid Committee holds financial information submitted by parents in support of aid applications in strict confidence. All awards are confidential agreements between the recipient family and the school’s Financial Aid Committee. Please understand that similarly, families are asked to maintain confidentiality as well and are expected not to discuss financial aid information with anyone other than the Director of Admission and Enrollment Management or Director of Finance & Operations.