Family Empowerment Scholarship – Administered by Step Up For Students

The Family Empowerment Scholarship Program was enacted in 2019 and is designed to give more families access to private school education. This scholarship is accepted for students in The First Academy day program. To be eligible to receive this scholarship, your student must be eligible to enroll in kindergarten or enrolled in and in attendance at a Florida public school during both the October and February student counts in the year prior to enrollment at The First Academy. To find out more information about the application process, please click this link.

Florida Tax Credit Scholarship – Administered by Step Up For Students

The Florida Tax Credit Scholarship is an income-based scholarship administered through the Step Up for Students Organization. This scholarship is accepted for students in The First Academy day program. Applications for new students for the 2020-21 school year will be open in March of 2020 and applications for current Step Up families will open in January 2020. To find out more information about the step up for students scholarship, please click this link.

The Hope Scholarship – Administered by Step Up For Students

The Hope Scholarship was created to give parents the option to place their student in a safer family environment. This scholarship is accepted for students in The First Academy day program. To find out more information about the Hope scholarship, please click this link.

The Family Empowerment Unique Abilities Scholarship – Administered by Step Up For Students

The Family Empowerment Scholarship for Students with Unique Abilities (FES-UA) is different than other state scholarships in that it allows parents to personalize the education of their children with unique abilities by directing money toward a combination of programs and approved providers. These include schools, therapists, specialists, curriculum, technology – even a college savings account. For information about qualification requirements and to apply for this scholarship, click this link.

529 Plan

Under the Tax Cuts and Jobs Act passed in December of 2017, qualified distributions are now allowed of up to $10,000 per year for K-12 tuition at any private school. These plans were designed as a vehicle to fund a college education, and now but there are educational situations where using these funds can be beneficial. For example, perhaps your funding is running ahead of projections for college financing needs and won’t be needed for college or you may have a 529 plan intended for an older sibling that wasn’t used. K-12 private school tuition can be a great use of these funds!

Roth IRA

ROTH IRA contributions (not investment returns) can be distributed at any age without penalty. This can be a great way to fund private school tuition as the investment earnings keep growing after withdrawing the original contributions. You should never compromise your future financial security. If you determine that you don’t need to rely on these funds for retirement and you enact proper investment strategies, a Roth IRA can be a great way to help fund your private school education.

Coverdell Education Savings Account

Parents who meet certain income guidelines are eligible to contribute up to $2,000 per year to a Coverdell ESA. Contributions are made from your after-tax income and earnings on those contributions grow tax-free. Distributions from these accounts aren’t taxed if they are used for qualified education expenses such as private school tuition and fees, books, supplies, uniforms, and tutoring.

Dependent Care Flexible Spending Account

If your employer offers a Dependent Care Flexible Spending Account, funds you deposit can be used toward eligible dependent care expenses. Since contributions to a Dependent Care Flexible Spending Account are pre-tax, it can be a great way to save on your overall expenses. Eligible dependent care expenses include afterschool programs, preschool and K-4 tuition, and even summer camps for dependent children under the age of 13. To find out how this might impact your personal situation, make sure to talk to your accountant or financial advisor.

Other Family Assistance

Grandparents and other family members may be willing to help support your student with the gift of tuition. Whether they contribute by directly paying a portion of your student’s tuition or by investing in one of the options outlined above, this can be an invaluable resource for the education of your student.

2022-2023 Tuition:

• K4 (5-Day): $10,930
• Transitional Kindergarten: $12,150
• Kindergarten: $13,370
• Grades 1-4: $16,220
• Grades 5-6: $17,760
• Grades 7-8: $19,320
• Grades 9-11: $21,050
• Grade 12: $21,470

Non-US residents will pay an additional annual fee of $3750 per student for both new and returning families for the 2022-23 school year. For more information on International Admissions, click here.

Want to learn more about The First Academy’s Preschool Tuition & Fees? Click here for more information.

Want to know what your estimated monthly payment will be?

The tuition schedule will be prorated per your enrollment date.

The 12-month tuition payment schedule begins every year in April. Please keep in mind this does not take into account additional fees and affordability options, such as the Florida Department of Education Scholarship programs.

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Every grade level plans special events and activities that vary from year to year. These are reflected in the grade level fees outlined below.

2022-2023 Activity Fees:

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Please visit the Tuition Payment Plans page for more information.

Tuition assistance has been allocated and is closed for the 2022-2023 school year. Tuition assistance is also closed for the 2023-2024 school year at this time.