Integral Formation Fees
At Clear Water Academy, we work diligently to maintain reasonable fee levels. We want all families to be able to access a Clear Water Academy education for their children. However, an education of Integral Formation requires a significant financial commitment. We are pleased to be able offer a 10-month payment plan, and our Semper Altius Financial Awards Program.
Integral Formation Fees
Clear Water Academy has two payment options:
Option 1: Pay in ten equal monthly installments beginning June 1st.
Option 2: Pay in full by June 1st.
Integral Formation Fee payments may be made via credit card or preauthorized debit. To pay by credit card, visit PLASTIQ and register as a new user, if you don't already have an account set-up. Or, click the "PAY NOW" button below to begin the online payment process. A processing fee of approximately 2.5% is assessed by Plastiq. This rate is subject to change.
NOTE: Application and assessment fees may also be paid with a credit card via PLASTIQ.
Family Bond Program
Clear Water Academy implements a Family Bond program to further strengthen our school. The Family Bond is effectively an interest-free loan to the school. The proceeds from the Family Bond are used to fund major capital upgrades and projects at the school such as the redevelopment of our current facilities and lands.
Participation in the Family Bond program is mandatory for all families with students entering Clear Water Academy attending Junior-Kindergarten, Kindergarten, or Grades 1 to 12. One bond is required per family, regardless of how many children attend.
The amount of the bond is $10,000 per family. The Family Bond can be purchased by a parent, guardian or sponsor and must be purchased within 7 calendar days of acceptance at Clear Water Academy. The principal is redeemable upon the family's last student's departure from the school. Upon receipt of written notification, the bond will be repaid in full within 30 business days. Should a family have any outstanding fees owing, the bond will be repaid after the last school fee payment has been processed. If preferred, any outstanding fees can be deducted from the bond and the balance of the bond will be returned to the family.
If financing is required, families can make arrangements for a bank loan/line of credit and make monthly interest payments on that loan.
If you have any questions, please contact us by EMAIL or (403)240-7916 and we will be happy to assist you.
Semper Altius Financial Awards - Family Grant Program
For 2016/2017, families with three children enrolled in the school will receive a grant of $3,000, families with four children enrolled in the school will receive an additional grant of $6,000 and families with five or more children enrolled in the school will receive an additional grant equal to the Integral Formation Fees for the fifth child (i.e. the fifth child is free). For 2016/2017, the total Integral Formation Fees for any family will be capped at $34,000.
There is a 10% surcharge for all late enrollments (after Sept 30). This is due to the fact that Clear Water Academy is unable to receive the annual per student grant from the province of Alberta for late enrollments.
Families withdrawing from the school must complete a WITHDRAWAL FORM and submit to the Admissions Office.
Semper Altius Financial Awards - Bursary Programs
Clear Water Academy is pleased to offer the Semper Altius Financial Awards Bursary Programs to families requiring financial support for their children to attend Clear Water Academy. This program is funded by Clear Water Academy, individual donors and various grants in support of our community.
Family Bursary Program - This program is available to existing families enrolled in the school with children in Junior Kindergarten to Grade 12.
Temporary Needs Family Bursary - This program is available to families with children in Junior Kindergarten to Grade 12 to support existing families who are experiencing a temporary significant financial challenge due to work or personal reasons.
For more details about the Semper Altius Financial Awards Bursary Programs, click HERE.