Affording LCA: Indexed Tuition
Think You Can’t Afford a Quality Christian Education?
Tuition is no longer a one-size fits all model at Legacy Christian Academy. Legacy Christian Academy is thrilled to partner with your family. We understand that there is great diversity in families’ incomes and assets. Our Indexed Tuition program recognizes those differences and provides a range of tuition so that we charge the rates that are right for our families. To be considered in the first round of tuition indexing, please apply and have all supporting documentation submitted by January 15, 2021. Beyond this initial date, applications are considered on a rolling basis. Indexed tuition rates are communicated to applicants within 2 weeks of submission of the application and all supporting documents. Application for Enrollment must be submitted (but not completed) in order for Indexed Tuition determinations to be shared with prospective families.
Does My Family Qualify?
LCA evaluates the entirety of a family’s financial situation, such as annual income, assets, expenses, debts, and the number of students attending tuition-paying K-12 schools to determine their tuition rate. This immediately allows families to see the potential cost of their education.
Please find an example of indexed median tuition rates below. If you see your income reflected in one of the tiers, you may qualify for indexed tuition depending on your personal financial circumstances. Below we have provided median tuition rates based on our 2020-21 data to illustrate what you can anticipate paying if you qualify for an Indexed Tuition rate.
What is Indexed Tuition?
This is not a loan program. The amount of reduced tuition will never need to be “repaid.”
How is Indexed Tuition beneficial to LCA?
Peer schools with similar models have found that it changes perceptions about affordability and increases the number of prospective families considering a private Christian education, which in turn enriches a school's student body and the overall community.
How does Indexed Tuition work?
How do we apply for Indexed Tuition?
- Complete instructions are provided on the FACTS website.
- Legacy Christian Academy provided over $900,000 to 13% of the student body for the 2020-2021 academic year.
LCA has a generous Indexed Tuition budget; however, it is not unlimited. To be considered in the first round of tuition indexing, please apply and have all supporting documentation submitted by January 15, 2021. Beyond this initial date, applications are considered on a rolling basis. Indexed tuition rates are communicated to applicants within 2 weeks of submission of the application and all supporting documents.
Is Indexed Tuition available for all grades?
Will applying for Indexed Tuition diminish the chances of my child being accepted to LCA?
If we qualify for Indexed Tuition this year, will we pay the same amount in future years? Do we need to apply again?
Are all students who are offered admission automatically offered Indexed Tuition if their parents qualify?
How do families in multiple households apply for Indexed Tuition?
After LCA determines an Indexed Tuition rate for the student, it is the responsibility of the parents to determine a payment schedule structure.
If a parent is no longer involved in the life of the child in any way, please speak directly with LCA’s Indexed Tuition coordinator, Cheri Mosley, at 214-619-5869 to determine how to proceed.
Will My Application be Confidential?
In the case of applications from multiple households, all financial information is kept strictly confidential, and at no time will one household have access to the others’ information.
In fact, LCA considers all Indexed Tuition decisions to be confidential agreements between the school and the recipient family and expects both parties to treat them that way.