New students pay two non refundable fees within two weeks of acceptance. The first is a $1,400.00 enrollment deposit, which is applied to tuition. The second is a $1,500.00 new student fee.

Returning students pay a $1,400.00 re-enrollment deposit annually, which is applied to tuition. This non-refundable deposit reserves a student's place for the upcoming school year, subject to the student's satisfactory completion of the current year.

Families may choose between three tuition payment plans: one annual payment, two semester payments, or 10 monthly payments. A finance charge of 12% applies to the semester and monthly payment plans.

Tuition does not include charges for textbooks, Advanced Placement exams, athletic spirit packs, certain field trips, and graduation. These fees and similar charges vary by grade level and will be charged where applicable. Example of charges can be found by clicking here. Tuition Refund insurance is required of all new families on the semester or monthly plans, for two years and is optional thereafter.

Financial Aid
Lake Highland offers financial aid to families with students in grades 6-12.  In order for us to allocate our resources wisely and fairly, we have enlisted the help of Independent School Management's Financial Aid for School Tuition (FAST) program. FAST provides the school with a report, which includes a recommendation of what a family should reasonably contribute toward tuition. FAST does not decide whether financial assistance will be given or how much to give; rather FAST provides a need-based financial aid analysis service.  All information from FAST is kept confidential.

Financial aid awards are based strictly on 1) financial need of the family, as demonstrated through the FAST application and a review of the parents’ last 1040 tax form and 2) financial aid funds available.  Families applying for financial aid must file online with FAST according to the applicable deadlines.  Lake Highland’s Financial Aid Committee makes its decisions in the late spring.  All financial aid applications are held in the strictest confidence.

Note that all candidates for Financial Aid must have at least a 2.5 cumulative GPA or a 2.5 GPA for the previous semester.  In addition to a solid academic record, we look for our students to be of strong character and be involved in activities outside the classroom.

PROCEDURES:

Click to the right to access the FAST website specifically for  Lake Highland Preparatory School applicants or click here. Once there, click the Get Started button at the bottom of the first page. All your financial information should be entered directly through the secure server. Space is also provided to fill out additional information that may be pertinent to your application. In addition, please mail copies of your most recent tax return (1040) and W-2 forms directly to FAST at this address: Independent School Management Attn: FAST Processing 1316 North Union Street Wilmington, DE 19806 FAST requires a fee of $34.00 payable by Visa or MasterCard to process this application. Download and complete the Financial Aid Questionnaire and return to the admission office.

DEADLINES:
The deadlines for applying for financial aid for the 2008–2009 school year are as follows:
February 1, 2008       Current Lake Highland families for re-enrolling students
March 1, 2008            Applicants to grades 6-12
April 25, 2008            Financial Aid decision letters are mailed
Once these deadlines have passed, families can still apply for aid, with the understanding that financial aid funds may not be available.