Payment Options

FACTS e-Cashier

TUITION PAYMENT OPTIONS

Wakefield School offers three options for annual tuition payments, as outlined in the student enrollment contract:  

Wakefield School uses the automated payment system FACTS for any parent/guardian choosing our two-payment or ten-payment plan.  What this means is that parents authorize their bank or credit card company to automatically transfer funds to the school on installment payment dates indicated by Wakefield School.  Through FACTS, preauthorized automated payments are made conveniently from your checking or savings account, or by way of MasterCard, Discover, or American Express.*

Tuition must be paid by one of the following methods:

(1) If you are making one payment, you may remit payment directly to the school in cash, check, money order, or credit card* by July 20, 2010.

(2) If you choose to make two installments or ten monthly installments, you must remit payment via FACTS through your checking account, savings account, or credit card.*  FACTS enrollment instructions are provided below.  FACTS charges an annual fee of $15 (two-payment plan) or $41 (ten-payment plan) per family.  After you set up authorization, payments will be automatically charged to your account on July 20 and December 20 for the two-payment plan, or monthly beginning July 20 and ending April 20 for the ten-payment plan.  Please note an administrative fee is charged in addition to tuition for two-payment and ten-payment plans. This fee is included in the payment amounts, as listed on the enrollment contract.

* For payments made by credit card, whether through FACTS or through the school, a convenience fee ($2.50 for every $100 charged) is applied.

TUITION INSURANCE

Tuition insurance is mandatory for families selecting the two- or ten-payment option.  The cost is 2% of the annual tuition charge.  Premiums are due in full by July 20, 2010, and will be collected via your FACTS account at the time of your first tuition payment.  Please refer to the online tuition insurance brochure for details about the plan.  Tuition insurance is optional for families selecting the one payment option.  Click here to access the DEWAR tuition insurance brochure.

Please contact the Director of Finance, Audrey Allen, in our Business Office if you have any questions regarding payment options or tuition insurance. 

FACTS ACCOUNT INSTRUCTIONS

FACTS RE-ENROLLMENT

If you were previously enrolled in the FACTS program for the prior academic year, and if you were having your payments made through a bank account (rather than a credit card**), you do not need to do anything unless you have changes to your bank account information. 

✓ Wakefield School will automatically re-enroll you in the FACTS program (unless you used a  credit card**), and will update tuition payment amounts in accordance with your enrollment contract. 

✓ Your first automated payment will occur July 20, 2010.

✓ If you have changes to your bank information or other personal information, please contact Audrey Allen in the Business Office (540-253-7544) prior to June 30, 2010.  Any necessary updates will be made to your FACTS account prior to the first payment.

✓ The full amount of your tuition insurance premium will be paid via FACTS at the time of your first tuition payment. Please refer to your enrollment contract for rates.

 ** If you were previously enrolled in FACTS with a credit card account, your account will NOT be automatically re-activated.  You must call FACTS directly at 800-624-7092 in  order to re-activate your account.  Wakefield School is not permitted to re-activate credit card accounts.

FACTS NEW ENROLLMENT

If you were not previously enrolled in the FACTS program for the prior academic year, and you are electing a multi-payment plan, you will need to enroll online by June 30, 2010.   If you do not have access to a computer, please contact Audrey Allen in the Business Office (540-253-7544) to make arrangements for paper enrollment.  You may select from the following payment methods and options:

    FACTS Payment Methods      
    Checking Account (online enrollment)  
    Savings Account (online enrollment)
    Credit Card (enrollment by telephone 800-624-7092)

    Payment Options
    Two Payments (July 20th, December 20th)
    Ten Payments (20th of each month, July – April)

✓ A link to FACTS e-Cashier can be found in the Parent Portal of the Wakefield School website (in the Parent Portal, click on "Tuition Payments").  Or, you may simply click this link: FACTS Website Address 

✓ The full amount of your tuition insurance premium will be paid via FACTS at the time of your first tuition payment  Please refer to your enrollment contract for rates.

✓ FACTS offers a credit card option if you do not wish to use your bank account.  Online enrollment is not available for the credit card option, so you must contact FACTS by telephone (1-800-624-7092) to set up your automated transactions.  Please note FACTS charges a convenience fee for all credit card transactions.  MasterCard, American Express, and Discover are accepted.