Financial Responsibility Contract

Financial Responsibility Contract

This agreement provides information pertaining to the responsibilities of parents while enrolled with Liberty Online Academy.

The Parent/Guardian’s Responsibility

As the parent/guardian of a student registering with Liberty Online Academy, I understand and agree to the following:

• I acknowledge that the Academy’s curriculum is written from a Bible-centered, Christian worldview in accordance with the Academy’s statement of faith.
• I will review the Academy parent/student handbook and I will abide by all policies and procedures therein.
• I understand that it is my responsibility to meet all applicable local and state education laws and requirements. I acknowledge that it is my responsibility to select the course of study needed to meet any applicable graduation requirements in my state.
• I understand that Liberty Online Academy is accredited by the Southern Association of Colleges and Schools Council on School Improvement (SACS COSI). The voluntary accreditation process verifies that Liberty Online Academy’s program meets or exceeds essential standards of educational quality. However, it does not guarantee the acceptance of credits since each state or institution creates its own policies of credit transfer. Some schools or colleges require additional validation of academic achievement.
• I understand that I am the coordinator, communicator, and supervisor of my students’ program of study. I will motivate my student to follow and complete the course of study assigned. I am responsible to motivate and encourage my student to complete the daily work and assignments.
• I understand that the work my student submits to the Academy must be his/hers solely. Tests and quizzes must be completed by the student independent of any other resources (e.g., answer keys, lesson text, “coaching,” etc.).
• I understand that the academic year is considered to be 180 school days. Ten months are allowed to complete one school year’s coursework.

Financial Responsibility

• I understand that the registration fee is non-refundable once it has been processed, regardless of entrance assessment exam results.
• I understand that I am the financially responsible party for each student I enroll and agree to pay the tuition in the agreed upon financial arrangement made in the Financial Check-in process for each student. I understand that I may pay the tuition in full at the time of financial check-in or in a five or ten-month payment plan as noted below in Payment Plans.
• I am aware that the Academy may change policies and procedures as needed. These changes will be announced via email and through my assigned academic advisor.

Payment Plans

• Families who elect to send their children to Liberty Online Academy enter into a contractual agreement with the school; therefore, they are obligated to pay full tuition as contracted either in a monthly payment plan or full tuition payment. While there is no interest charged for the monthly payment plan there is a $45 payment plan fee that is charged with the first monthly payment.
• Parents choosing to pay using the Tuition Payment Plan (TPP) will have the semester tuition divided into five equal installments or the year into ten equal installments.  It is important to note that if a student completes a semester/year early and wishes to begin the next semester/year at that time, parents using the TTP will have to pay-off their previous semester/year obligation before their child can proceed. 
• I understand that if more than two monthly payments are returned as non-sufficient funds and I have not contacted the Academy student accounts office to make other financial arrangements, my student will be deactivated from the curriculum and will not have access to the content until financial arrangements have been satisfied.
• I understand that if financial satisfaction has not been reached in the above scenario that my account could be turned over to a collection agency for collection of any outstanding tuition charges.

Payment Plan Adjustments

• If new debits or credits are applied to the student account after the original check-in or after any given scheduled monthly payment, the system will automatically calculate and display the new installment amounts.  Adjustments to payment plans can be made by logging into Financial Check-in, verifying the new installment amounts, and confirming the changed installments.  If the parent/guardian does not confirm the adjusted installments, the last confirmed installment will be processed.

Withdrawal, Cancellation and Refund Policy

• Families who elect to send their children to the Online Academy enter into a contractual agreement with the school; therefore, they are obligated to pay full tuition as contracted either in a monthly payment plan or full tuition payment. Should the family need to withdraw the student at any time during the school year, the Academy Administration must approve to break their contract. If the contract is broken, the family’s tuition is prorated in the following manner: withdrawal in any month from day 1-30(1) the full month’s tuition is charged. The obligation for future monthly tuition payments is eliminated. Families who have made full-year payment will receive a prorated refund based on the last day of the month enrolled. The family is also charged a $50 withdrawal fee. Registration, lab fees, and technology fees are non-refundable.

Cancellation of Enrollment

• The Academy administration reserves the right to cancel a student’s enrollment at any time for non-payment of fees, unsatisfactory progress, failure to submit work on a regular basis, or obvious academic dishonesty.
• Once a student is dismissed, reinstatement is considered only upon written application to and approval by the administration of Liberty Online Academy.  If reinstatement during the academic year is allowed, tuition fees must be brought current.  Reinstated students are automatically placed on probation.  The administration will consult with the student’s parents as to the nature and length of the probation.
• If a student’s enrollment is suspended or canceled for any reason, schoolwork that is completed after that date is considered as home-school status and will not be included in your child’s transcript from the Academy.  Upon reinstatement, if the parent seeks to have the home-school coursework receive credit, all accounts must be brought current, the student must be reinstated, and the coursework tests must be graded by Academy teachers.
• Applications for reinstatement will not be accepted beyond the student’s original course completion deadline.   Applicants seeking reinstatement beyond the course completion deadline are considered as a new student status.  Depending on the length of time that has passed since enrollment in the Academy, the administration reserves the right to ask the student to take a new entrance assessment exam.
• I have read and understand the cancellation and refund policy above. If I choose to cancel or withdraw my student, I must notify the Academy in writing or by e-mail.

Nondiscriminatory Policy

• Liberty Online Academy admits students of any race, ethnic origin, gender, or nationality. The academy does not discriminate in employment opportunities or practices on the basis or race, ethnic origin, gender, creed, nationality, age, disability, or any other characteristic protected by law.