What is the Cost of Pace Academy's Tuition?

What is the Cost of Pace Academy's Tuition?

Pace Academy is a prestigious private school located in Atlanta, Georgia. As a parent or guardian, you may be considering sending your child to this school, but are concerned about the cost of tuition. In this article, we will discuss the cost of Pace Academy's tuition and other fees, as well as explore potential options for financing your child's education.

Pace Academy Tuition and Fees

For the 2021-2022 school year, the tuition for Pace Academy is $31,400 for Lower School (grades K-5), $32,400 for Middle School (grades 6-8), and $34,400 for Upper School (grades 9-12). In addition to tuition, there are other fees that families should be aware of, including a $2,000 enrollment fee, a $1,500 technology fee, and a $1,000 activity fee.

Financial Aid

Pace Academy is committed to making their school accessible to families from diverse economic backgrounds. As such, they offerfinancial aidto qualifying families. Families can apply for financial aid through the School and Student Service for Financial Aid (SSS) website. The deadline to submit financial aid applications is February 1st.

Merit Scholarships

In addition to financial aid, Pace Academy also offersmerit scholarshipsto students who demonstrate exceptional academic and extracurricular achievement. The scholarships are awarded to both new and current students, and range in value from $1,000 to full tuition. The deadline to apply for merit scholarships is January 15th.

Other Financing Options

If you do not qualify for financial aid or merit scholarships, there are other financing options available. One option is to take out a private student loan. Private student loans are offered by banks, credit unions, and other financial institutions. However, they often come with higher interest rates than federal student loans.

Another option is to consider a529 college savings plan. A 529 plan is a tax-advantaged savings plan designed to help families save for education expenses. The funds in a 529 plan can be used to pay for tuition, fees, books, and other qualified education expenses. Additionally, some states offer tax deductions or credits for contributions made to a 529 plan.

Conclusion

Sending your child to Pace Academy is a significant investment, but one that can pay dividends in the form of a top-notch education. With financial aid, merit scholarships, and other financing options available, families from diverse economic backgrounds can afford to send their children to this prestigious school. We encourage families to explore all of the financing options available to them and to consult with a financial advisor before making any decisions.