Financial Information

FINANCIAL INFORMATION

Mile High Academy has partnered with FACTS Management Company for the past 6 years to help manage the tuition payment program and financial aid assessment.

Click here for the 2020-2021 Financial Brochure

REGISTRATION

Current families may hold their spot(s) by paying the registration fee by January 31.  Registration fees paid by January 31 through FACTS will receive a $50 discount.

New families will have one week from the date on the acceptance email to pay the registration fee to hold your student’s spot in the class.

REGISTRATION FEE

The registration fee covers student accident insurance, technology (1:1 program), Suzuki Program, FACTS, yearbook, PTA dues, school supplies (PS- 5), lower school field trips and class parties, middle school textbooks, class dues and electives (6-12), PSAT test (10-11), one ACT or SAT test, student association dues, one MHA apparel item and music dues. The registration fee is nonrefundable. For students registering to start school for enrollment beginning January 2021 or later, the fee will be pro-rated at 75%.

Refunds of the registration payment will only be given when:

  • Moving/relocation 50+ miles away from MHA
  • The family has a completed and verified application for tuition assistance on file by the deadline and the determination was an insufficient amount
  • Educational needs for the student that can no longer be met at MHA as determined solely by Administration
  • Withdrawal at the request of MHA
  • Family status changes supported by court documents
  • Military service orders supported by documentation

Once the finance department has received adequate notice and supporting documentation, a refund will be processed minus a $50 administrative fee.

TUITION PRE-PAYMENT DISCOUNT

A 5% tuition discount is given if tuition is paid in full for that school year. Payment(s) must be received no later than July 1 through FACTS.

TUITION BILLING PROCEDURES

Tuition is divided into 10 installments and billed July through May, leaving January to pay registration fees for the following year.

A statement will be emailed to the responsible party from FACTS. Parents may access their tuition and incidentals account through FACTS at any time. Each family should set up an auto pay payment plan for both tuition and incidentals accounts. All credit card payments will be charged a service fee. Tuition is due the 5th or 20th of the month, depending on the date selected with FACTS.

Please note this is the only option for paying the amounts due for the school year.

Parents will be prompted during the enrollment process to make a payment plan after receiving notice of acceptance.

FINANCIAL ASSISTANCE

Limited financial assistance is available each year based on established need. An outside tuition management company, FACTS, reviews each application to determine eligibility. A completed financial aid application, a copy of the previous year’s federal tax return (1040) and previous year W2’s must be submitted before any consideration will be given for financial aid. The application is available here. Conditions of approval will include student and parent involvement that will be outlined in the financial aid acceptance letter.

Tuition assistance may be available to qualifying students via the additional following sources:

ACE Scholarship: Families must qualify for the Federal Free and Reduced Lunch Program to qualify for this scholarship. This is an outside organization. For more information, please contact Jocelyn Aalborg.

Church Tuition Assistance: Some churches provide tuition assistance to eligible members. Please contact your church for further information.

School Financial Aid: MHA has limited resources available for qualifying families based on need. Each application is reviewed by FACTS to determine eligibility. Applications are available here. A completed financial aid application, a copy of the previous year’s federal tax return (1040) and previous year W2’s must be submitted before any consideration will be given for financial aid.

To access your FACTS ParentsWeb account here.

Please call 303.744.1069 for information regarding financial assistance.