FORTUNE ACADEMY FAQ
What is dyslexia?
Dyslexia is a brain-based type of learning disability that specifically impairs a person's ability to read. Individuals with dyslexia typically read at levels significantly lower than expected despite having normal intelligence. Although the disorder varies from person to person, common characteristics among people with dyslexia are difficulty with phonological processing (the manipulation of sounds), spelling, and/or rapid visual-verbal responding. Dyslexia can be inherited in some families, and recent studies have identified a number of genes that may predispose an individual to developing dyslexia. Examples of specific types of reading disorders include:
- Word decoding. People who have difficulty sounding out written words; matching the letters to sounds to be able to read a word.
- Lack of fluency. People who lack fluency have difficulty reading quickly, accurately, and with proper expression (if reading aloud).
- Poor reading comprehension. People with poor reading comprehension have trouble understanding what they read.
What is ADHD?
Attention deficit-hyperactivity disorder (ADHD) is a neurobehavioral disorder that affects 3-5 percent of all American children. It interferes with a person's ability to stay on a task and to exercise age-appropriate inhibition (cognitive alone or both cognitive and behavioral). Some of the warning signs of ADHD include failure to listen to instructions, inability to organize oneself and school work, fidgeting with hands and feet, talking too much, leaving projects, chores and homework unfinished, and having trouble paying attention to and responding to details. There are several types of ADHD: a predominantly inattentive subtype, a predominantly hyperactive-impulsive subtype, and a combined subtype. ADHD is usually diagnosed in childhood, although the condition can continue into the adult years.
Is Fortune Academy Accredited?
Yes. Fortune Academy meets and exceeds the standards set by the Academy of Orton-Gillingham Practitioners and Educators, the International Dyslexia Association, and the Independent Schools Association of the Central States.
Can I write off tuition as a medical expense on my taxes?
The regulations under Section 213 of the Internal Revenue Code provide that: While ordinary education is not medical care, the cost of medical care may include the cost of attending a special school for a handicapped individual, if his or her condition is such that resources of the institution alleviating such handicap are a principal reason for his or her presence there. Whether the expenses of Fortune Academy will be deductible in a particular case, however, will depend upon facts and circumstances of each individual student’s situation. There are also percentage limitations applicable to otherwise deductible expenses, depending on the parents’ income. Before taking a tax deduction for expenses relating to the special education of a student, parents should confer with their tax lawyer or accountant about the rulings and regulations under Section 213 of the Internal Revenue Code and other applicable laws.