It is our hope that every family who sincerely desires to have their children attend LKNC will be able to do so, regardless of their financial situation. At the same time, we must balance our responsibility to ensure the financial viability of the school and, therefore, place limitations on financial aid. Need-based scholarships are funded through contributions to the school, so limits are necessary. To maintain fiscal integrity as well as access to as many families as possible, the maximum grant does not exceed 50% of tuition for any student.
Financial aid may be available to families who qualify. Priority consideration will be given to students currently enrolled in classes with vacancies. We use the services of FACTS Tuition Aid Assessment to collect and assess the needs of families who request tuition assistance. FACTS Tuition Aid is an unbiased third-party company that considers both family income and actual expenses in their secure, online assessment system.
Applicants for tuition assistance must:
- Enroll their child or children at LKNC before applying for tuition assistance.
- Indicate during enrollment that financial aid is needed.
- Complete the FACTS Tuition Aid online application process by March 31st, or within one week for later enrollments. This process involves an additional fee to FACTS Tuition Aid, complete disclosure of household income and expenses, and the most recent, prior year's tax documents. Extenuating circumstances not provided through this process should be communicated to ensure that the Financial Aid Committee of LKNC has all the information needed to make a fair and accurate grant decision.
Financial aid may be forfeited if the family does not adhere to the policies of the school contract, if the student is placed on probation for academic, behavior or attendance deficiencies, or the account balance is more than 30 days past due. If a family qualifies for assistance, but for less than 50% and is therefore unable to pay the discounted tuition, half of their enrollment fee(s) shall be refunded. LKNC is a registered participant with the North Carolina Opportunity Scholarship Act. For qualifying families, these scholarships award up to $4,200 per student. Please contact the school for more information or visit www.pefnc.org.