TMA Tuition Insurance

Students at TMA are enrolled for the full academic year and no adjustment of fees can be made by the School for absences, withdrawal, or dismissal. This ruling is necessary as Triangle Montessori Academy has continuing expenses such as building/grounds maintenance and faculty salaries. In order to plan and maintain these services for the year, it is essential that the annual income from tuition fees should be stabilized. Therefore, in the interest of parents, we are pleased to announce that we have made arrangements to protect students under the Tuition Insurance Plan. 

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• If a family pays their yearly tuition in full, they are not required to pay the insurance. 
• All parents are automatically enrolled in the TMA Tuition Insurance Plan.
• The cost is 1.75% of the annual tuition charges for the school year and will be charged to each family on the first invoice of each school year. 
• This insurance is not optional. 
• The Tuition Refund Plan becomes effective on August 1 in the event of the student’s inability to attend school due to a covered medical reason.
• This Plan will not only provide an allowance of tuition fees in the event of withdrawal of a student for medical causes but also in the event of withdrawal for other reasons or dismissal by the School (annual tuition charges, both prepaid and due, are insured).
• The non-medical coverage (voluntary withdrawals and dismissals) does not become effective until the student has attended fourteen consecutive calendar days (including weekends) commencing with the student’s first class day of attendance in the academic year.
• The School includes the Tuition Refund Plan as a means to insure your annual financial obligation under the terms of the accompanying Enrollment Contract.
• Parents are reminded that no refund of fees can be made except as provided under this plan.
• It is understood that students are enrolled for the entire school year or such portion as may remain after the date of entrance.
• The fact that the school fees are paid in two or more installments does not constitute a fractional contract.