Payment Options & Financial Forms

2024-25 Tuition and Fees

Tuition and Fees	Boarding Students	Day Students
Tuition*	$71,170	$60,490
Technology Fee**	$850	$850
Health Center Fee***	$600	$400
Total	$72,620	$61,740

*Your REQUIRED Enrollment Fee as detailed on the enrollment contract is included in the tuition total. It is non-refundable.

**Technology Fee: The Technology Fee helps to fund the resources and support for computing and networking functions; including laptops for all students.

***Health Center Fee: The Health Center Fee funds normal costs associated with the 24-hour service provided by the Wieler Health Center.

Fees due upon enrollment in FACTS Tuition Management:

Security Deposit (for new students only)
(Or alternate fee designated in writing by the director of financial aid)

$750

REQUIRED Enrollment Fee as noted on enrollment contract (included in total tuition and fees)

Day & Boarding Student Fee (Returners)
Day & Boarding Student Fee (New Students)

(Or alternate fee designated in writing by the director of financial aid)

$6,500
$13,100

Late Fees are assessed at 1.5% per month on past-due balances that are 30 days past the due date.

All student tuition billing and payment processing is managed through FACTS Tuition Management. FACTS provides optimal flexibility and cutting-edge technology that will allow our families to effectively view and manage their tuition & fees in full detail at their convenience.

After completion of the Hotchkiss Enrollment Contract, families will receive a notice from FACTS to register and choose their payment option and method of payment for the year.

Please use this link to enter your FACTS login credentials. Once authenticated, your FACTS account will be linked to your Parent Portal account.

Once you have created your login credentials, you should use this link to access your account.

Payments for International Students

The Hotchkiss School and FACTS have partnered with flywire to streamline the process of international payments. With flywire, you are offered competitive foreign exchange rates, allowing you to pay in local currency.

Advantages:

A convenient online payment process that may be accessed through FACTS
Discounted foreign exchange rates
Payment in local currency - no foreign transaction fees
Knowledge of cost in local currency at the time of transaction
No after-the-fact surprises on your credit card statement if you decide to make a payment with your credit card

Contact Student Accounts at (860) 435-3165 with questions.

Wire Payments (within the U.S.) -- If not possible to pay through FACTS Tuition Management

Wire Payments (International)

The Hotchkiss School has partnered with FACTS Tuition Management and Flywire to streamline the tuition payment process for our international families. With Flywire, you are offered excellent foreign exchange rates, allowing you to pay in your home currency (in most cases) and save a significant amount of money, as compared to traditional banks. You will also be notified via email when your payment is received by the School.

Tuition Refund Insurance

The Tuition Refund Insurance Plan is mandatory for all students unless payment is received for the full year’s tuition and fees by June 1. This plan insures a portion of the tuition in the event of certain absence or separation from the School according to the terms of the policy. You authorize the School to collect any claim payment to which the School is entitled under the plan and to credit your child’s account, paying any excess to the School. An absence or separation covered by the terms of this plan does not relieve you of your obligation to the School. You agree to pay the School the balance due, if any, after the application of all plan payments to your account, and we agree to refund the excess, if any, to you.

The cost of the plan is 1% of the net tuition, it will be billed after June 1 for all students unless full payment of tuition and fees is received by June 1.

Download the 2024-25 Tuition Refund Plan Brochure

Questions?

Student Injury and Sickness Insurance

Every Hotchkiss student is required to have insurance coverage.

All international students will be enrolled in a 12-month plan (August 15, 2024 - August 14, 2025). The cost for this plan is $2,785.
Domestic students can be enrolled in a 10-month plan (August 15, 2024 - June 14, 2025). The cost for this plan is $4,345.
Domestic students can be enrolled in a 12-month plan (August 15, 2024 - August 14, 2025). The cost for this plan is $4,825.

Please review the plan details below.

Domestic families: 2024-25 brochure; 2024-25 plan summary
International families: 2024-25 brochure; 2024-25 plan summary

Domestic families: 2023-24 brochure; 2023-24 plan summary
International families: 2023-24 brochure; 2023-24 plan summary

Feel free to contact our insurance agent's office with any additional questions/concerns. They are here to help.

Website: cliffordallen.com; call toll free: 1 (888) 342-2224

Need a claim form? Click here to download.

International families: Several of you requested that we provide some perspective concerning issues raised by some of our international families/parents. While individual situations each have their own unique “twist,” we hope the Frequently Asked Questions listed below address the common themes.

Student Insurance: FAQs for International Families

"The policy we have in our home country (oftentimes Canada) will work fine, there is no need for us to purchase additional coverage."

The majority, if not all, local health care providers are not willing to accept/bill a plan that does not have a United States-based address (for claims submission, questions, etc.).
We have had some experience with insurance plans domiciled outside the U.S. and they have not proved sufficient.
Do you have any experience with your policy paying benefits for claims incurred in the U.S.?

“We’ve already purchased a travel policy, we don’t need the student insurance plan. We would be duplicating our coverage and incurring more expense.”

Travel polices tend to perform best for short-term (2-4 weeks) trips. Often, these policies do not provide the needed benefits for someone residing in the United States for a period of 9 or 10 months. Here are some of the more typical features that can create issues:

A relatively low maximum benefit ($25,000 - $30,000 per incident or policy period).
Exclusions on Interscholastic sports or internal limits/caps on specific benefits (e.g. outpatient surgery, mental and nervous conditions, physiotherapy)
Limited to no prescription drug coverage

“We will provide you with a credit card to pay for medical expenses/balances.”

The majority, if not all, local health care providers are NOT willing to accept a credit card as the payment method to establish a relationship. The health care provider does not know the credit limit and cannot confirm insurance coverage (i.e., insurance provides a guaranteed payment). As the service to be provided grows, the health care provider has no guarantee that the family will pay. Most, if not all, health care providers require insurance so they can ensure all service is pre-approved and collection guaranteed.

“We have an insurance plan that requires us to pay the medical expenses upfront and then reimburses us after the fact. So, we have coverage, it just behaves differently.”

Overall Perspective

Ultimately, a comprehensive plan helps protect the school/family by ensuring two things:

Access to care – Depending on the health care provider, they may be unwilling to see/treat a student if they do not have proof of adequate coverage. At a minimum, this can cause significant delays in treatment.
Medical expenses are covered – Even if the health care provider is willing to treat the student, many plans can leave significant unpaid balances (exclusions, deductibles, co-insurance, co-pays, etc.). In turn, this can become a financial and administrative burden for the family and/or school.

Given these dynamics, most schools are now requiring International students to purchase the student insurance plan (the plan is mandatory). They communicate this requirement early on in the process, through the Admissions and/or Business Office, in order to avoid a family's trying to secure coverage on their own. This helps avoid any confusion with the family and reduces the potential “time drain” when families request school personnel to review their plan to see if it is sufficient (a virtually impossible task).

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