Payment Options

Dear Parents,

Your decision to choose Hamden Hall for your child is an indication that you understand the importance of a quality independent school education. We understand that regardless of a family's income, having the funds immediately available to pay tuition is sometimes difficult. We are committed to working with all our families by offering flexible payment plans and financing options, as well as a need-based financial aid program to make a Hamden Hall education possible for many families.

Robert J. Izzo  
Head of School

PAYMENT PLAN APPLICATION DETAILS

• All parents must choose a plan by initialing the appropriate box on the Enrollment and Tuition Payment Agreement.

•The School's Business Office will bill according to the parent's selection on the Enrollment and Tuition Payment Agreement.

• Please call the Business Office to discuss the various options or to request a specific application.

2007-2008 PAYMENT PLANS & FINANCING OPTIONS

THE TUITION REFUND PLAN
The Tuition Refund Plan will insure fees (prepaid and due) in the event of a separation according to the terms of the policy. The School strongly recommends that all parents purchase this plan. The premium is 1.4% of the annual tuition. Please refer to the Tuition Refund Plan brochure for a complete list of paid benefits. You may also call the Business Office for additional information.

Comparison of Hamden Hall Payment Plans and Financing Options

All parents must select a plan. Past due accounts will be charged interest at a rate of 15% annually.

Plan A: Single Payment Plan
• 100% due before July 1st.
• $200 discount may be taken.
• No finance charge.

Plan B: Two Payment Plan
• 50% due on or before July 1st.
• 50% due on or before November 1st.
• 50% of initial deposit will be applied to each billing.
• No finance charge for timely payments.
3.85% above 3-month LIBOR

Key Bank 8 Month and 10 Month Payment Plans — A budget plan administered by KeyBank, which divides school costs into 8 or 10 interest-free installments. It’s a simple, convenient and inexpensive alternative to lump-sum annual or semester tuition payments. For added convenience, the Direct Debit Option is available instead of monthly billing, which allows payments to be automatically withdrawn from your checking account. All families may use this service regardless of whether they qualify for financial assistance.

For more information and online tools, click here: http://www.key.com/hamdenhall.

Key Bank AchieverLoan® — The AchieverLoan is a flexible, low-cost education loan for parents and sponsors offering:

• A convenient payment option for all PreK-12 school expenses
• A low cost of funds and generous loan limits
• Loan funds sent directly to the school on scheduled due dates
• Simple application and renewal process
• Apply by internet, phone, fax, or mail
• Instant credit decision and E-signature available 24/7 when applying on-line at http://www.key.com/hamdenhall.
• Easy repayment with no pre payment penalties

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Questions? Please contact the Business Office at (203) 752-2650 or via e-mail at ltirozzi@hamdenhall.org