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Be A Part Of Something Great | FOR BOYS GRADES 6-12

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Cost and Financial aid

Programs and Approach

At Southern Preparatory Academy, we provide a structured private school education at an exceptional value. Although we are the most affordable military academy, we understand the cost of our tuition plans may exceed a family’s financial resources.

Tuition loan programs, such as Sallie Mae, assist families in making tuition payments more affordable by providing the funds upfront and spreading the payments over a longer period of time. Other progressive lending options could be Your Tuition Solution,  LendingClub.com and Prosper.com. Most, if not all, are credit-based loans. Please contact these companies directly for current fees, rates, and other details.
Southern Prep is proud to offer financial assistance, as well as in-house discounts, such as: Active/Retired Military; First Responders; Ministers; Single Parent; Siblings; and, Airline Employees.

Cost

The article below is quite enlightening.

CNN Money – The Cost of Raising a Child

Considering the cost, take a look at the following calculator for some comparison:

USDA Cost of Raising a Child – Calculator

The tuition cost sheet below is also available to download.

Financial Assistance

We understand that a boarding school education, such as the one we offer at Southern Prep Academy, provides an unparalleled experience and value to the student, but the cost of this investment sometimes exceeds a family’s immediate resources. As such, we offer a need-based financial assistance program to alleviate a portion of the tuition burden from the families. The amount of aid distributed depends on three items: level of need, availability of funds, and the number of students applying. Financial aid considerations are made after acceptance into the academy.

K–12 Family Education Loan
(877) 279-7172

For expenses associated with your child’s private kindergarten through grade 12 education. Borrow up to 100% of the school-certified cost of your child’s private school kindergarten through grade 12 education.

Variable interest rates

Offers long terms and low monthly payments
Plan Rates: (Fall 2018): 3.99% – 24.99% APR based on the amount financed and applicant’s credit history.
Sample Monthly Payments: The monthly payment is only $373 for a $15,500 program with a 6.99% APR over 48 months.
The monthly payment is only $403 for a $15,500 program with a 10.99% APR over 48 months.
Plan Amounts: $2,000 – $50,000.
Plan Terms: 24, 36, 48, 60, 72 or 84 months.


Download Informational Brochure Here

The AOSF’s mission is to empower families to choose the school that best fits their child’s unique educational needs. AOSF provides scholarships to low-income, K-12 children who are not succeeding in their current environment. Scholarships are funded by the donation of corporate and individual Alabama income tax liability. Awards are distributed on a first come, first served basis with priority given to students zoned to attend a “failing” public school. 

Read more here.

After your student has been accepted and you determine your need for aid, please visit FACTS. FACTS provides schools with an objective methodology for calculating a family’s ability to contribute to educational expenses. Create a login and complete the financial aid application for the current academic year. If you experience problems during the FACTS application process, please call their customer service department at (866) 441-4637.

Parent Referral and Incentive Program

Southern Prep offers a tuition discount of $1,000 ($500 per semester) for each newly enrolled boarding student that a current family refers, providing the referring family stays in good standing with the school.

Reach out to family and friends, share your experience, encourage your prospect to contact the Admissions Department and fill out an application.

Details

  • The referral section of the Application must be completed at the time of submission. No retroactive credits will be awarded.
  • If the new family elects to enroll their son and they remain in good standing. the tuition discount will be applied to your final payment of the current school year!
  • This is a ONE TIME tuition discount. It will not roll over into future years, and immediate family members do not qualify for a credit.
  • BONUS- the number of credits a family can receive is 20. That's a $20,000 tuition discount!!

The Southern Prep Experience

We are a community of students, faculty, and staff who know each other well, celebrate our victories, band together in times of challenge, and possess mutual respect for one another. 

 

We believe that when your son becomes a part of our community, we become your extended family. 

 

We support your continued involvement throughout your son’s experience, and we hope that you, too, will experience the strength of our community.

Application

Our application process is fast and simple. If you have ongoing questions or need help completing your application, allow us to help!

Cost and Financial Aid

Southern Prep is proud to offer our students the highest quality education and experiences at an extremely competitive cost.

FAQs

Have a question? We can answer it! Check out our FAQs for answers to your commonly asked questions or contact us today to talk.

Curriculum Guide (PDF)

Explore our 2019-2020 Curriculum Guide.

International Students

Our international student program provides an immersion experience with American culture, while also benefiting from the knowledge of our domestic students.

Testimonials

Hear what our students, Alumni, and families have to say about Southern Preparatory Academy and why they continue to support our vision.

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