Parents of students in CGA and CMA have several payment options available to them for tuition and fees. These options include a check drawn on a US bank, wire transfer,   Discover, Mastercard, American Express, a monthly payment plan managed by Tuition Management Systems or an educational loan provided through Your Tuition Solution.  ACH Transfers are not accepted at this time.  

Student Money Management Solution
ATM
Prepaid Tuition Program
Student Debit Account
Tuition Amounts and Deadlines

Student Money Management Solution

Culver Academies has partnered with 1st Source Bank to offer an optional full solution for student spending money. 1st Source Bank offers a FREE checking account with no minimum balance, FREE online banking, and a Resource Plus Card that can be used to make withdrawals from the campus ATM or as a debit card anywhere, on or off campus, you see a Mastercard or NYCE logo. On-campus locations where the card may be used to make purchases are the Bookstore, Snack Bar, or Uniform Shop. 

Parents will have online access to the account in order to review account activity and may replenish the account via ACH, money wire, or check. Enrollment kits will be mailed to the student’s home early in the summer and returned directly to 1st Source Bank. Bank personnel will be on campus during registration to distribute account materials and answer any questions. Meanwhile any questions may be directed to Kaydi McMahan at mcmahank@1stsource.com or call (800)513-2360 or (574)935-1534.

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ATM

An automatic teller machine from 1st Source Bank is located on campus in the Student Center next to the Campus Store. Any student with a major bank card or a 1st Source Bank Resource Plus Card may use the ATM, but, he or she must have a pin number.

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Prepaid Tuition Program

Culver has a program for those parents, grandparents, guardians, or anyone else who wishes to prepay winter school tuition for one or multiple years. Any questions surrounding this new program should be directed to the Accounting Supervisor of The Culver Educational Foundation by calling (574)842-8221.

Quite simply, any student who does not receive any tuition financial aid or merit scholarship from Culver is eligible for this program. Similar to prepaid tuition plans at colleges and universities, the program allows anyone to prepay one or any number of years of tuition for a student. Please understand that taking advantage of this program does not guarantee the child’s acceptance by The Culver Educational Foundation. Acceptance can only be authorized by the Boarding School Admissions Office.

The highlights of the program are as follows:

1. Only a full year of tuition can be prepaid - not a portion of a full year
2. Discounts cannot reduce the tuition prepayment amount 
3. No portion of the amount of prepaid tuition is considered a gift to The Culver Educational Foundation and no tax receipt will be given
4. Current boarding or day tuition amounts can be locked-in with no risk of future tuition increases
5. November 1st of each year is the deadline for receipt of funds for subsequent years’ tuition
6. Acknowledgement of funds will be sent via email or US mail
7. If the child you have designated for the prepaid funds does not attend Culver, you have several options:
   1. The prepaid tuition can be transferred to another Culver student
   2. The prepaid amount can be refunded to you
   3. The prepaid amount can be converted to a bona-fide gift to The Culver Educational Foundation, at which time a tax receipt will be given

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Student Debit Account

Students entering CMA and CGA have the option of opening a 1st Source Student Debit account. Culver Academies encourages parents to consider this option to avoid sending their child to Culver with cash. If you do choose to open the account for your student, he/she will be given a debit card that is accepted on campus and at off-campus businesses.

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Tuition Amounts and Deadlines

Uniform/Wardrobe Deposit

Due August 1 for all new students.
Add $625 for Black Horse Troop (boys) clothing/equipment
Add $425 for Equitation (girls) clothing/equipment

Optional Instruction

Other Potential Requirements

International Health Insurance, if required $1,600 per year

Refunds

A tuition refund plan, funded entirely by Culver, will refund in full all second payments (Boarding $19,500/Day $14,500) for students who withdraw or are dismissed during the first or second term.  Student accounts will remain open for 30 days after a student withdraws or graduates from Culver Academies.  At the end of 30 days, a final statement will be sent with a refund check, if applicable.  Please contact Student Billing, (574)842-8227 for other refund options.   

For more information on admission to Culver or to apply now, please visit our Admissions Office.