The Andover Plan
The Andover Plan provides the following payment options for a range of family situations.
Andover Guaranteed Tuition/Single Payment
Families may prepay tuition from their own resources for a student's entire Andover education at the entry level cost and benefit from no tuition increases. The family prepays multiple years of a student’s Andover education (2, 3, or 4 years) of tuition at the 2009-10 tuition rate by July 15, 2009. This option is available to all families at Phillips Academy except those receiving financial aid. For the 2009-10 school year the family will receive complimentary tuition refund plan coverage.
Contact Darlene Peracchi, 978-749-4510 to find out how to participate in the Guaranteed Tuition/Single Payment Plan or e-mail the Academy at billing@andover.edu.
Annual One Payment Plan
This payment plan offers families the option of paying the entire year's tuition and fees by July 15, 2009. Those families opting for this plan will receive complimentary tuition refund plan coverage. For more information on this plan, please contact Rebecca Marcos at 978-749-4504 or e-mail the Academy at billing@andover.edu.
Annual Two Payment Plan
This payment plan requires families to pay half of tuition and fees by July 15, 2009 and the remainder of tuition and fees by December 1, 2009. For more information on this plan, please contact Rebecca Marcos at 978-749-4504 or e-mail the Academy at billing@andover.edu.
Tuition Management Systems (TMS)
Monthly Payment Plan
The Phillips Academy Monthly Payment Plan, administered by TMS, is a convenient budget plan that divides Academy costs into 10 interest-free installments. You should contact Tuition Management Systems directly at 800-722-4867, or at their website www.afford.com/andover if you are interested in the Monthly Payment Plan.
Your Tuition SolutionSM
Your Tuition SolutionSM is a low-cost private educational loan, administered by Springstone Financial LLC. Families may borrow $2,000-$40,000 for 18-84 months with fixed rates as low as 5.99%. For more information on a Tuition Solution loan, please call 800-922-9777. Applications for a Tuition Solution loan must be completed online at www.yourtuitionsolution.com.