Financial Agreement
Financial Agreement
Non-Refundable Annual Application Fee:
$125 due with the application ($75 for registration by March 15); Tutoring Service Fees: Set forth on the website www.rivendellstudycenter.org;
Material fees:
Will be determined by the tutor and assessed (varies based on the class).
Rivendell makes financial decisions based upon its projected annual revenue. Fees need to be paid promptly in order to make payments to tutors, facilities, and other financial commitments in a timely manner. Therefore, tutoring service fee commitments are made for the whole school year and are not refundable.
Full-Time Students
Rivendell makes financial decisions based upon its projected annual revenue. By registering your child(ren) in Rivendell, you are obligated to pay for a full year’s tutorial fee for each of your children enrolled in Rivendell. In the event that a student who is registered in Rivendell on a full-time basis wishes to withdraw from Rivendell between June 15 and the first day of Rivendell’s academic year, the student’s parents remain obligated to pay one-quarter of the full year’s tutorial fee, unless the student is able to be replaced by another student within one month of withdrawal. In the event that a student who is registered in Rivendell on a full- time basis wishes to withdraw from Rivendell after the first day of Rivendell’s school year and October 31, the student’s parents remain obligated to pay one-half of the full year’s tutorial fee, unless the student can be replaced by another student within one month of withdrawal. In the event that a student who is registered in Rivendell on a full-time basis wishes to withdraw from Rivendell between November 1 and January 1, the student's parents remain obligated to pay 75% of the full year's tutorial fee unless the student can be replaced by another student within one month of withdrawal. After January 1, the student’s parents remain obligated to pay the full year’s tutorial fee, unless the student can be replaced by another student within one month of withdrawal. The Board on a case-by-case basis will determine exceptions to this policy.
A La Carte Students
Rivendell makes financial decisions based upon its projected annual revenue. We agree that we will notify of the student’s final selection of a la carte classes no later than the date of the family interview. If the student wishes to drop a class(es) between June 15 and the first day of Rivendell’s school year, the parents remain responsible to pay Rivendell one-quarter of the full year’s tutorial fee per dropped class, in addition to the full tutorial fee for those classes for which the student remains enrolled. If the student wishes to drop a class(es) after the first day of Rivendell’s school year and October 31, the parents remain responsible to pay Rivendell one-half of the balance of the full year’s tutorial fee per dropped class, in addition to the full tutorial fee for those classes for which the student remains enrolled. If the student wishes to withdraw from Rivendell between November 1 and January 1, the student's parents remain obligated to pay 75% of the full ear's tutorial fee per dropped class, in addition to the full tutorial fee for those classes for which the student remains enrolled. After January 1, the student’s parents remain obligated to pay the full year’s tutorial fee per dropped class, in addition to the full tutorial fee for those classes for which the student remains enrolled. The Board on a case-by-case basis will determine exceptions to this policy.