Financial Policies

 The nursery school receives its financial support from: tuition, fund raising and donations.

Tuition: Yearly tuition payment, paid monthly, covers the staff salaries only.
Fund Raising: Activities are run by the parents and monies raised supplement the budget. These monies pay for all of our indoor and outdoor materials and equipment, and for the maintenance of our building.
Donations: Made by our parents in appreciation of services rendered (monetary and equipment).

This combination of financial support allows our school to operate with stability. Our goal is to maintain low fees and to provide quality services for our children.

Tuition Payment

1. The tuition for the three day groups shall be $1930 a year (102 sessions) and for the four day groups $2450 a year (136 sessions), payable bi-annually on June 1st and February 1st. Tuition for a two day a week playgroup is $1630 for a 36-week school year. If the fall tuition, payable June 1st, is not paid when due, the child will automatically lose his/her place in the class to the next child on the waiting list. If needed, special arrangements for payment can be made with the Assistant Treasurer (for example, payments can be made in ten installments).

2. Delinquency: If tuition is not paid when due, a late penalty of $10 per month will automatically be charged to the tuition bill. If a payment is more than 2 months late, the child shall be considered withdrawn from the school until outstanding tuition and late fees are paid.

3. Returned Check: The Garden City Nursery School will charge $20.00 for each check returned for insufficient funds. Returned check fines will appear on your next bill.

4. Tuition Reimbursement Policy: If a child needs to be withdrawn after the first tuition payment has been made, there will be a:

Full Reimbursement-if the withdrawal is on or before July 1st
50% Reimbursement-if the withdrawal is on or before Aug. 1st
No Reimbursement after August 1st, unless the place can be filled. In that instance, each case will be considered individually.

5. Refunds: No refunds can be made for long or short absences.

6. Nothing contained in the financial policies of the Garden City Nursery School shall be deemed to preclude the President, Treasurer, and Assistant Treasurers, by a unanimous vote upon the joint recommendation of the President and the Director, from waiving the payment of the full or partial tuition and/or fees for any member of the Garden City Nursery School. The President and Director may only make such a recommendation in the event of financial hardship, documented to their satisfaction, and the President, Treasurer, and Assistant Treasurers shall approve such recommendation only if it deems same, by unanimous vote, to be in the interests of the member and not inconsistent with the interests of the Garden City Nursery School.

Registration

1. Fees: A non-refundable tuition deposit of $250.00, which is applicable towards tuition, is payable upon acceptance of the child.

2. Insurance: A $3.50 fee per child for group accident is included in this non-refundable deposit.

Registration During the School Year

A non-refundable tuition deposit of $150.00, which is applicable towards tuition, is required for a child entering after February 1st. Tuition will be prorated for the remaining portion of the school year.