2008-2009 FINANCIAL INFORMATION
Oak Ridge Military Academy is a non-profit corporation. Tuition and fee payments allow the school to strengthen programs, compensate faculty, and operate with fiscal responsibility. Students are enrolled at the Academy under contract, from the time of registration until the end of the school year.

YEARLY TUITION
7 Day Boarding Tuition - $21,490.00
5 Day Boarding Tuition - $18,590.00
Day Tuition - $ 9,690.00

SECOND SEMESTER ONLY
7 Day Boarding Tuition - $12,895.00
5 Day Boarding Tuition - $11,155.00
Day Tuition - $ 5,815.00

ADDITIONAL FEES (DUE AT TIME OF REGISTRATION)
$ 1,980 Uniform Fee (new boarding students only).
$ 1,500 Uniform Fee (new day students only).
$ 400 Mandatory Textbook Rental Fee – lost or damaged books at replacement cost.
$ 175 Mandatory Supplemental Student Accident Insurance (applies to all students).
$ 450/yr Medication Dispensing Fee (applies to all students who take daily medications).
$ 2,000 Mandatory International Student Processing Fee (applies to new international students).
$ 400 Mandatory Activity Fee – dances, field trips, athletics, week-end activities, yearbook.
$ 200 Mandatory Class Ring – Juniors only.
$ 250 Discount for attending an ORMA 2008 Summer Program.

Tuition includes the educational program, meals and male haircuts; dry cleaning is provided to boarding cadets. Textbooks are provided for the school year for the above rental fee. Cadets will be charged replacement cost for textbooks that are lost or damaged. Tuition does not include incidental expenses such as: transportation to/from medical or dental appointments, airport, train station, etc.; school supplies; medical supplies; alterations; additional uniform purchases; laundry overages(over 15 lbs/wk); daily boarding fees during school breaks; or damage to or loss of school property.

A non-refundable reservation fee of $1,000.00 (certified check or wire transfer) is due immediately upon acceptance and will be applied toward tuition payment.

A parent or guardian must be present at registration unless payment arrangements and necessary paperwork is completed in advance.

Tuition Payment Guidelines: Official check, certified check, or wire transfer will be required for all tuition payments. International students must pay tuition in US funds. Each international student must pay a $2,000 VISA processing fee to offset the administrative costs associated with their enrollment.

• Cadets will be discharged if any student account payments become delinquent by more than thirty days.
• Students are enrolled at the Academy, under contract, from the time of registration until the end of the school year. Upon separation from the Academy for any reason whatsoever – including withdrawal or dismissal - the outstanding account balance will be immediately due and payable without notice. Additionally, any scholarship award will be voided, and the scholarship amount will be owed to the Academy.

FULL YEAR TUITION PAYMENT OPTIONS

TUITION PAYMENT OPTION #1

PAID IN FULL NO LATER THAN APRIL 1, 2008

7 Day Boarding $ 19,878.00 (reflects a 7.5% discount)
5 Day Boarding $ 17,195.00 (reflects a 7.5% discount)
Day $ 8,965.00 (reflects a 7.5% discount)

TUITION PAYMENT OPTION #2

PAID IN FULL NO LATER THAN AUGUST, 2008, AT REGISTRATION

7 Day Boarding $ 21,490.00
5 Day Boarding $ 18,590.00
Day $ 9,690.00

TUITION PAYMENT OPTION #3

MONTHLY PAYMENT PLAN: 40% DOWN PAYMENT MUST BE MADE
AND PROMISSORY NOTE COMPLETED ON OR BEFORE AUGUST, 2008, AT REGISTRATION

MONTHY PAYMENTS INCLUDE INTEREST ON THE UNPAID BALANCE

7 Day Boarding $ 8,596.00 40% down
$ 1,676.22 Eight monthly payments / Bank Draft Only
Beginning September 15, 2008
Final payment on April 15, 2009

5 Day Boarding $ 7,436.00 40% down
$ 1,450.02 Eight monthly payments / Bank Draft Only
Beginning September 15, 2008
Final payment on April 15, 2009

Day $ 3,876.00 40% down
$ 755.82 Eight monthly payments / Bank Draft Only
Beginning September 15, 2008
Final payment on April 15, 2009

SECOND SEMESTER

TUITION PAYMENT OPTIONS AND FEES

TUITION PAYMENT OPTION #1

PAID IN FULL NO LATER THAN JANUARY, 2009, AT REGISTRATION

7 Day Boarding $ 12,895.00
5 Day Boarding $ 11,155.00
Day $ 5,815.00

TUITION PAYMENT OPTION #2

MONTHLY PAYMENT PLAN: 40% DOWN PAYMENT MUST BE MADE

PROMISSORY NOTE COMPLETED ON OR BEFORE JANUARY, 2009, AT REGISTRATION

MONTHY PAYMENTS INCLUDE INTEREST ON THE UNPAID BALANCE

7 Day Boarding $ 5,158.00 40% down
$ 2,630.58 Three monthly payments / Bank Draft Only
Beginning February 15, 2009
Final payment on April 15, 2009

5 Day Boarding $ 4,462.00 40% down
$ 2,275.62 Three monthly payments / Bank Draft Only
Beginning February 15, 2009
Final payment on April 15, 2009

Day $ 2,326.00 40% down
$ 1,186.26 Three monthly payments / Bank Draft Only
Beginning February 5, 2009
Final payment on April 15, 2009

SCHOLARSHIP PROGRAM:

Oak Ridge Military Academy awards scholarships based on merit. The program is available to re-enrolling as well as new cadets. The program support is for one year, but students remain eligible throughout their years at the Academy. In the event of the cadet's separation from the Academy for any reason whatsoever, including withdrawal or dismissal, any scholarship award will be voided, i.e. scholarship amount will be owed to ORMA.

For more information regarding scholarships, please contact the ORMA business office: 336.643.4131

Oak Ridge Military Academy admits students of any race, color, national or ethnic origin to all the right, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national or ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school administered programs.