Fortune Academy values a diverse student body in terms of socio-economic, racial, ethnic and religious backgrounds. To help insure this intention, the school takes great pride in being able to provide some tuition support to families demonstrating clear financial need to avoid excluding students whose families might not be able to afford enrollment in the school. The decision to admit a student is based solely on the student’s learning profile and personal conduct. Similarly, tuition assistance is based only on the family’s demonstrated financial needs.
The factors we consider to help us determine a family’s financial need include net income and assets, the number of dependents in the household and the number of children attending tuition-charging schools and colleges. Allowances are made for certain taxes, medical costs and unusual expenses, as well as other adjustments which are recognized by the Internal Revenue Service.
Applying for tuition support is a yearly process. Each year we will review tuition assistance requests and in light of available funds to determine what awards can be made for the next academic year. Those who received assistance in previous years are re-evaluated in relation to current circumstances before tuition support is awarded. The present economic circumstances make it necessary for many families to request support with tuition. It is our goal to stretch the available funds to as many qualified applicants as possible. It is very important, therefore, to submit your financial information by May 1st for the upcoming school year.