Tuition, Financial Aid, Loans & Scholarships
Camelot Academy’s tuition for the 2017-2018 school year ranges from $10,900 to $14,850, depending on the grade level of the student. Tuition may be paid in full, by school-based installment plan (two or four payments) or with extended payments via Tuition Solution (www.TuitionSolution.com or 1-800-920-9777). International student tuition and fees are distinct and are based on the number of language-supported classes a student takes in a given semester.
Camelot Academy offers a limited amount of school-sponsored financial aid to qualifying families on a first come, first served basis. Inquiries are acted upon once an admission application has been filed and a student visit completed. About 50% of the 2017-2018 student body received some form of tuition discount. Interested families should request financial aid forms when they file their student's application. The financial aid forms are then returned to the school with a copy of the most recent 1040 form for each wage earner in the family.
A typical award for a family qualifying for financial aid is $1,000 - $2,000 off the annual tuition.
Families enrolling a second child at Camelot Academy receive a 5% sibling discount.
Camelot Academy is approved by the North Carolina State Education Assistance Authority (NCSEAA) to participate in both the Opportunity Scholarship Program and the Disabilities Grant Program. The State determines eligibility and awards for students transferring to our school from a public school setting. More information is available here: http://www.ncseaa.edu/OSG.htm.
The Chris De Carlo Scholarship, named for the father of Camelot’s Founding Director, is awarded based on academic potential and financial need. Consideration is given to standardized test scores, academic records, letters of recommendation, essay, financial need as well as artistic and/or athletic talent. Chris De Carlo Scholarships range from $1,000 to $4,000 depending on the need, ability and potential of the applicant. Open to rising 4th grade through 11th-grade students.
The Excalibur Award is based on nationally-normed standardized testing completed during the admissions process. Students may qualify for this award by scoring in the 95th percentile or higher on either the language arts or the math assessments. Each award is $1,000 per year and open to rising 4th through 11th grade students.
The Round-Table Scholarship is based on nationally-normed standardized testing done during the admissions process. Qualifying students must score in the 98th percentile or higher for both math and language arts and be a student in good standing at Camelot Academy for at least one year. Round-Table Scholars receive a 50% tuition award. Camelot supports a maximum of six Round-Table Scholars in any given school year.
The Julian Stanley Scholarship, named for the talent-search pioneer, Dr. Julian Stanley, is a full-tuition scholarship. It is awarded to one newly enrolled Upper School (8th-11th grade) student per year. The successful candidate will have a 7th grade SAT score that meets or exceeds the criteria for the Grand Reception Ceremony at Duke TIP, in addition to supporting records of outstanding academic and behavioral standing.
The Promise Award is offered to incoming members of the Camelot Academy Class of 2029 (Kindergarten 2017-18). It is a merit award that grows with your child, increasing $500 a year over 13 years – a $45,000 opportunity for the student who attends Camelot, Kindergarten through 12th grade.
The Great Beginnings Award is offered to incoming first through third grade families. It is a flat $2,500 discount of the posted tuition for as long as the student remains at Camelot Academy. Limited availability - first-come, first-served.
All scholarships are renewable, as long as the student maintains a high level of academic performance and remains a student in good standing. Camelot Academy reserves the right to limit or cap the number of scholarships awarded to a class, grade level or division of the school. All scholarships are available only at the time of enrollment for students entering at Grade Four or higher (except for ‘The Promise’ and ‘Great Beginnings’ Awards). All students who enter the school in grades K through 3 are considered for merit-based scholarships, based on nationally-normed standardized testing administered in the spring of 3rd grade. More than 50% of the 2017-2018 student body received either a merit-based scholarship or tuition assistance based on need.