1.      Financial forms:  Families are required to complete the following forms: the Valeo Academy Financial Agreement, Payment Election Form, and the FACTS Payment Preference Form for admission to Valeo Academy. 

2.     Tuition payments:  Those on the monthly payment plan must have tuition withdrawn from either a credit card, savings account, or checking account on the 20^th of each month through FACTS Tuition Management.  All monthly payments must be made on time according to the FACTS agreement. It is important that families ensure that the necessary funds are in the account from which payments will be withdrawn. 

3.      Release of Records: All family accounts must show a zero balance each month, for any grades, progress reports, report cards, transcripts, or school records to be released.   Please note that students transferring to other schools will not have their records released to that school until accounts with Valeo Academy are current and show a zero balance — no exceptions.

4.      Payment Changes:  It is expected that monthly payments will be made according to the scheduled FACTS agreement. Valeo Academy understands, however, that unforeseen circumstances can occasionally occur.  Should a need for a change in a payment arise, a change to that month’s FACTS payment may be requested by a family; however, outstanding balances must be paid within 45 days for students to continue attending classes.  All requests for changes to a FACTS payment must be made to the Valeo Academy office by filling out a Payment Change Form, no later than 2 weeks before the scheduled payment date.  Only official FACTS payment change forms will be accepted (phone or verbal requests will NOT be honored) and must be accompanied with a brief written explanation stating the reason for the change. 

*Please note that no more than two (2) payment change requests per family per school year will be considered.  Deferred payments will be treated as late payments and will, therefore, greatly delay the release of progress reports, report cards, and school records.  

5.      Accounts with Balances:  I understand that if I have any payments that are 45 days past-due, my child(ren) will not be allowed to return to school until the account is paid. 

6.     Stop Payments/Unauthorized Payments.  Should any form of unauthorized withdrawal or a stop payment be placed on your account for a scheduled tuition withdrawal, thereby preventing the withdrawal of tuition, students will not be allowed to return to class until the payment due is remitted directly to Valeo Academy via either cash, cashier’s check, or money order only, and the account is released for ACH withdrawals.  No personal checks — once a stop payment has been placed — will be accepted by the school to make up for a stop payment.

7.      Fees: Curriculum and Activity fees must be paid with the first (August) tuition payment, are non-refundable, and all textbooks must be returned in good condition at the end of the school term or upon withdrawal for school records to be released.  These fees partially cover the purchase of curriculum for a student, resource materials, instructional & classroom materials, instructional & classroom equipment, classroom supplies, field trip transportation, and class/school activities & events. Books must be returned to Valeo Academy for future use.  Replacement costs for any books not returned or returned in non-usable condition will be billed to the parents.

8.      Unresolved Balance Fees:  Any unresolved balances older than 30 days will incur a $30 charge.  Any fees due to Valeo Academy older than 30 days (After Care, Field Trip, Hot Lunch, etc.) will be added to the current FACTS balance.

9.      Insufficient Funds:  Any insufficient funds checks or charges will be charged a $25 processing fee.  Students will not be allowed to return to class once the school is notified of an insufficient funds payment until the payment and fee are made.

10.  Please do not place Valeo Academy payments in the church offering buckets.  Payments placed in the Life Changers Church offering during services will not be credited to Valeo accounts.

11.  Withdrawal: Once commitment to a school has been made, it is understood that commitment will be honored for its duration.  Any withdrawals after the start of the school year must be made by filling out a Withdrawal from Enrollment form and delivering it to the Admissions Office no later than the day of withdrawal.  Students will be considered and treated as active (and accounts will continue to be charged tuition) until a withdrawal form is completed. 

12.  No refunds for withdrawal, whether voluntary or involuntary, will be given after the first day of classes — no exceptions.  Those on the 10-month payment plan will be charged an additional one month’s tuition regardless of the day of withdrawal. 

13.   Students who are asked to leave Valeo Academy for any reason will fall under the same financial category as withdrawn students.

14.  Past-due accounts for withdrawn students must be settled immediately.  All balances on withdrawn students’ accounts are expected to be paid within 45 days.  If an account is not settled by that time, it may be turned over to a collection agency.  Should the involvement of a collection agency for any account become necessary, families will be notified by letter beforehand, and any fees incurred by the school will be added to the family’s balance.

Enrollment at Valeo Academy requires agreement to and compliance with its financial policies.