Tuition and Financial Aid
How much does it cost to attend? The annual cost per student normally ranges between $11,000 and $22,000, depending on the level of financial assistance for which one qualifies. Beyond the financial aid that may be provided by TFA, many of our students qualify for additional assistance granted by the North Carolina State Education Assistance Authority, mainly through its Opportunity Scholarship and Special Education Scholarship programs.
For some, affording a TFA education may seem impossible. It doesn’t have to be. We encourage you to contact our Dean of Admissions, Tiffany Gregory, at 919-782-5082 to learn more about how financial aid, state grants and various payment plans can help make TFA an affordable choice for your family.
Other student fees may apply for special field trips, athletic participation, special after-school activities, and ‘Cafe Day’ meals. The Academy also charges each student an annual Activity Fee of $125 .
Our school offers a variety of payment plans. These include full payment in August, two annual payments (August and January), and monthly payments (June – May).
Additionally, a low fixed rate education loan may be secured from Your Tuition Solution SM, which provides monthly payments that can never increase. There are no supplemental fees and it’s easy to apply or add tuition for subsequent years. To learn more, calculate payments or apply online, visit tuitionsolution.com today.
Applying for financial assistance is an easy process and is not based solely on your household income, which is a common misconception. We consider an array of household factors, including: debts outstanding, assets, depreciation, unusual expenses, number of dependents, etc. Because of this, many families qualify for aid. As a matter of fact, more than one-third of our students receive such help.
In awarding financial aid, priority is generally given to families of students already receiving assistance. In all cases, we ask our families to commit a personal contribution to the students’ education in addition to financial aid awarded.
Financial assistance is administered through TADS (Tuition and Data Services). The TADS application and Worksheet are available by clicking the boxes below:
Families must submit a copy of their most recent Federal Income Tax Forms (1040) as well as a copy of all W-2s and 1099 forms directly to TADS.
Families are asked to submit a hardship letter directly to TFA.
Divorced and/or separated parents are expected to submit independent financial information.
Because financial circumstances change, parents must reapply for tuition assistance each year.
All tuition assistance applications and grant awards are completely confidential.