Family Share Tuition Worksheet

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Family Share Tuition Worksheet
The following worksheet will help determine your family’s share of your student’s tuition. Maximum tuition per
child is $5000. Minimum tuition per family is $500.
1.
Adjusted Gross Income on IRS Form 1040
_____________________
2.
Number of dependents
_____________________
3.
Multiply number of dependents by $3400
_____________________
4.
Subtract line 3 from line 1
_____________________
5.
Multiply line 4 by 10% (.10)
_____________________
6.
Divide line by 2, or number of dependents,
whichever is greater
_____________________
7.
Multiply line 6 by the number of children
attending Joshua Christina Academy
_____________________
8.
Monthly payment (divide line 7 by 10)
_____________________
Line 5 is the maximum tuition that your family will pay, regardless of the number of children enrolled, provided
if falls within the maximum and minimum tuition guidelines.
Childcare, excessive medical costs, court ordered payments, tuition at other schools, and other unusual expenses
may be considered in calculating your Family Share. Documentation of these extraordinary expenses is required
for review.
Tuition is paid in 10 monthly payments, and is due by the 10th of each month. The first payment is due one
month prior to the first day of school (July ___, 20___) in order to secure your students placement.
Partner Scholarship: $_______________/student (subtract line 6 from $5000)
Family Share Tuition: $_______________/month (line 8)
__________________________
_____________________
Signature
Date

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