Affordability
Our Commitment to Financial Support
Middle-class families, with jobs colored blue to white, are the backbone of American Society. With their quest for home ownership and desire for a better future for their children, these families, who are the most self-reliant segment of our population, epitomize what we think of as the American way of life.
Almost fifty years ago, it was families like these with the dream of creating a better educational opportunity for their children, who founded Lake Ridge Academy. As the decades since its founding have passed, Lake Ridge Academy has stayed true to its mission and continues to prepare its students for a changing world. Lake Ridge Academy provides tuition assistance to the talented children of our community by offering a combination of financial aid, grants, and merit scholarships, making our school affordable for families interested in Lake Ridge Academy's outstanding educational opportunity.
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Nearly half of our students receive some form of financial assistance. Lake Ridge Academy is strongly committed to our financial aid program, and believes financial resources should not be a barrier to enrollment. We do not consider a family's finances when we make our admission decisions. We view need-based financial aid as an investment in our students.
We provide financial aid and scholarship information with our offer of admission. Families should apply for financial assistance at the same time they apply for admission. If you do not qualify for a scholarship or financial aid, loan and payment programs are available through Your Tuition Solutions. Detailed information about forms, deadlines, etc., is available on their website, www.yourtuitionsolutions.com.
Financial Aid
Families begin by completing a financial aid assessment.
If you are applying to Lake Ridge Academy, and wish to be considered for financial aid, grants, or merit scholarships, please complete the TADS online application.
Scholarships
Scholarships, based on academic merit and leadership abilities, are
available to students entering grades 6 through 11 and are for up to
$10,000 per year. Provided that the student maintains his/her
eligibility these awards will continue through graduation and will not
be altered, augmented, or replaced. In addition, several donors have
provided restricted and endowed scholarships to assist qualifying
students in obtaining a Lake Ridge Academy education. The guidelines
vary for each scholarship. These scholarship awards need not be repaid.
Grants
Grants are based upon a combination of: demonstrated need, academic
performance, and/or contributions to leadership, service, or extra
curricular activities. They are offered to students Kindergarten through
12. Grants are reviewed annually, based upon funding available, and
need not be repaid.
Referral Incentive Program
Lake Ridge Academy families are eligible to receive additional tuition discounts through our Family Referral Program. Refer a family by downloading the Parent Referral Form (located on the left hand side), completing the information, and submitting the card to the Admission Office.