Actual Cost of Education
This represents 100% of the actual operating costs of the school to
educate one student for one year. It is determined by dividing the
school operating budget by the number of full-time equivalent
students enrolled for that year. All families will be requested to pay
this amount if they are able. Tax benefits can result as the difference
between the cost of education and required tuition qualifies as a
charitable deduction.
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Endowment Fund Grant
All families regardless of financial need may accept this grant that
comes from investment earnings from the school's endowment fund. This
grant typically amounts to approximately $500 per child.
GRACE Board Grant
All families regardless of financial need may also accept this grant
that comes from activities of the fundraising arm of GHCS (the GRACE
Board) held throughout the year. Events include "Walk By Faith" (a
student fundraiser), a spring auction, and summer golf outing. This
grant typically amounts to approximately $500 per child.
Tuition
Those families who accept the Endowment and GRACE Board Grants will pay
an amount reduced from the cost of education. This typically amounts to
about 85% of the actual cost.
Financial Assistance (FACTS)
Needs-based assistance can substantially reduce the required tuition
amount by up to another 50% of the total cost of education.
TRIP
This voluntary program can further reduce the total tuition cost based
on the amount it is used. Regular users realize cost savings of between
$500 and $1500 per year.
Final Family Cost
With assistance, the final amount of costs paid by the family could be
30% to 80% of the full cost of education.
