1

Tuition

Payment

Plan

Options

Oak Lane offers families three tuition payment plan options:

Option I: Pay in full

Families may pay tuition in full by July 1st (before the next school year begins in September) and receive a 1.5% discount.

Option II: Pay in two installments

Families may pay 60% of their tuition by July 1st and defer the remaining 40% until December 1st.

Option III: Pay monthly (7-10 months)

Tuition can be split up into monthly installments; total number of payments due will depend upon starting date.

For Options II and III, there will be an additional fee for enrolling in the payment plan which is administered through Sallie Mae. Furthermore, families are required to purchase the Tuition Refund Plan (TRP). School year 2008-2009 annual cost for TRP ranges from $160 to $432 per year depending on student's grade. Costs may change annually with tuition changes.

2

Financial

Aid

Oak Lane offers financial aid to eligible families whose children are in Kindergarten through 6th grade. Oak Lane follows guidelines established by the National Association of Independent Schools (NAIS). Awards are granted on an annual basis and families need to apply each year. Financial aid application steps are as follows:

1. Complete the Parents' Financial Statement. This link will take you to the School and Student Service for Financial Aid (SSS) website.

2. Submit copies of completed tax returns for prior and current years to Admissions office.

3. Financial aid decisions will be made once all documentation is received by the school.

3

Community

Scholarship

Oak Lane offers a merit-based Community Scholarship that provides 75% off the cost of tuition from entry year through graduation to students entering 3rd, 4th or 5th grades. Two scholarships are offered per year.

Student applicants should demonstrate strong academic achievement, good citizenship and solid extracurricular involvement. Applicants should be responsible school and community members who contribute their time and talents to assist others, and who show strengths in their social relationships with peers and adults. All scholarship applicants will follow the normal school admission procedures.

All interested parents can e-mail the Admissions Office to learn more about scholarship criteria and application procedures. Or, call the School at 610-825-1055. The application deadline is the end of February. Don't delay!