Payment Options

The new student capital fee is payable in April. For families participating in the Tuition Refund Plan (TRP), the premium is due in July. The tuition, activity fee, and awarded financial aid are payable in accordance with the tuition payment plan selected at enrollment:

• 1 Payment: 100% due July 31

• 2 Payments: 60% due July 31, 40% due Nov. 30
• 10 Payments: 10% due on the final day of each month, April through January (VCPay autopay required)

To help you protect your annual Durham Academy tuition obligation, you may choose to participate in the Tuition Refund Plan (TRP). For families who are not receiving financial aid, the plan is optional. Families who do accept a financial aid award are required to purchase TRP insurance.

TRP insures your tuition obligation against loss (prepaid and due) in the event of:

• The withdrawal or prolonged absence of a student for medical reasons.
• The withdrawal or dismissal of your child from Durham Academy for non-medical reasons.
• The death of a parent or guardian.

The TRP insurance premium cost is 0.62% of tuition: 

The TRP insurance premium is payable in July.