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Top 10 Ways to Afford Fork Union

Tags:  financial aid scholarships grants

Fork Union Military Academy is not free—but it is affordable for families who make it a priority.


1. We keep our tuition as low as possible

Operating a high-quality boarding school is not a cheap endeavor, and many boarding schools charges $50,000 to $60,000 or more per year. We, on the other hand, are a not-for-profit Christian school and we do our best to keep our tuition low. Helping students come to Fork Union is something we view as part of our Christian mission. We are dedicated to helping as many young men as we can prepare for college and for life.


2. We offer payment plans

Fork Union has a flexible array of payment terms which can help smooth out the payment obligation over the course of the year, so that your tuition and fees don't necessarily have to be paid in one lump sum payment. These payment plans are interest-free and handled in-house by our business office.


3. Compete for our Trustee Scholarship

Fork Union Military Academy's Board of Trustees offers the prestigious Trustee Scholarship to new students entering in the 8th, 9th, or 10th grade, which awards a full scholarship for tuition, room & board, and uniforms. This scholarship is very competitive and is awarded to the candidate best demonstrating excellence in scholastic achievement, character and citizenship. The scholarship award continues for each year the student remains in good standing at Fork Union Military Academy.


4. Don't forget to count how much money you'll save!

Don't forget to add up how much money you'll save by not having to feed, house, and entertain your teenage boy for 9 months of the year. Depending on how voracious your son's appetite is, that can be a significant cost savings for you! We've heard so many parents say something like, "I was so worried about how much Fork Union would cost me, that I never realized how much money I would save because you were feeding my son!"


5. You can utilize your 529 plan, VA education benefits, tuition tax credit scholarship programs, or other programs

You may be able to use funds from your Coverdell Education Savings Account or 529 plan to pay your tuition and expenses. US veterans who have not fully utilized their GI Bill amounts may be eligible to use those amounts for our tuition. You may also qualify for education tax credit scholarships, voucher programs, tax credits/deductions, or other government programs that help fund education. Each of these programs have specific requirements and vary depending on where you live. Our admissions office and business office can help work with you on the details.

Fork Union Military Academy requires all covered individuals to submit a written request of certification of their enrollment each semester for which they plan to use their Chapter 31 or 33 entitlement benefits.  The Certification Request for Veterans Affairs (VA) Educational Benefits must be submitted no later than the last day to drop and receive a refund for the respective semester.

Any covered individual will be permitted to attend or participate in a course of education during the period beginning on the date on which the individual provides to Fork Union Military Academy a Certificate of Eligibility for entitlement to educational assistance under Chapter 31 or 33 (a "certificate of eligibility" can also include a Statement of Benefits obtained from the Department of Veterans Affairs (VA) website, eBenefits, or a VAF 28-1905 form for Chapter 31 authorization purposes) and ending on the earlier of the following dates:

1) The date on which payment from VA is made to Fork Union Military Academy

2) 90 Days after the date Fork Union Military Academy certified tuition and fees following the receipt of the certificate of eligibility.

Due to the delayed disbursement of funding from the VA under Chapter 31 or 33, Fork Union Military Academy will not assess a late penalty fee, deny access to classes, libraries, or other institutional facilities, or require a covered individual to borrow additional funds because of the individual's inability to meet his or her financial obligations to Fork Union Military Academy for the VA delay.

Fork Union Military Academy reserves the right to follow normal collection procedures for any difference between the amount of a covered individual's financial obligation and the amount of the VA education benefit disbursement.   


6. "With a little help from my friends" 

We have many families each year who have enrolled their student with the financial help of grandparents or other family members. Others have found assistance from their churches or other religious organizations in sponsoring their student. Civic organizations in your community, or even your employer, may offer scholarship grants to supplement what you can pay directly.


7. Search for private scholarships

There are a huge variety of organizations that offer private scholarships for students in K-12 schools. You should cast a wide net, do a lot of searches on Google or your favorite internet search engine, and ask everyone you know if they are aware of any private scholarship opportunities. In Virginia, the Baptist General Association of Virginia offers scholarships for students attending Fork Union Military Academy.

You can find well-known national foundations, such as the Jack Kent Cooke Foundation, that provide scholarship grants for high school students. There are also many regional, state, and local organizations that provide secondary school scholarship opportunities. Just as an example, in a recent online search I came across The Korean American Scholarship Fund that provides scholarships to Korean American students, as well as to descendants of American veterans who served during the Korean War. These kind of very specific scholarship opportunities are far more available than you might think, but it will take a bit of effort on your part to identify and apply for these scholarships.


8. Consider getting an educational loan

We partner with the premier private loan provider of low fixed-rate extended-payment options for private school education, Your Tuition Solution (offered by Springstone Financial, LLC). They specialize in the education market and offer education loans with long terms and low monthly payments.

The Sallie Mae K-12 Family Education Loan is a US federal loan program offering educational loans

You may also find educational loan opportunities available from your bank or financial services company. Interest rates on such loans may vary by institution.


9. Do you qualify for our military discount?

Fork Union Military Academy offers a $5,000 discount on tuition for new students entering the Academy in grades 7-12 with a parent or guardian serving on active duty/reserve component, or retired from the US military. Ask our admissions counselors for details.

You must complete a FACTS application to be considered for this discount.


10. Apply for Financial Aid

Simply put, if your son is accepted we will work hard to help find the resources for him to attend. The Academy offers need-based grants to eligible families, though it is important for the family to share in the investment. 

More than half of our US domestic boarding students receive some level of financial aid, ranging from $1,000 to $30,000 or more. The average financial aid award is just over $14,000.

You must apply for admission before applying for financial aid.

Financial aid grant amounts will only be discussed once a student has been accepted for admission. Any award will only be valid for a stated period of time so that, if an awardee elects not to enroll in the Academy, another family can benefit from the grant assistance. So, apply and enroll early to secure the best possible option for your family.

Click here to apply for financial aid online

 

 

 

Policy on Non-Discrimination

Fork Union Military Academy accepts qualified applicants regardless of race, religion, or national origin, and does not discriminate unlawfully in the administration of its educational policies, scholarship and loan programs, or other school programs. Requests for financial aid are not considered in connection with any admission decision.

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