Educational Enrollment Contract and Financial Agreement for 2025 - 2026 Term

Educational Enrollment Contract Provisions: This "Educational Enrollment Contract" is made and entered into on the day and date set out below for and in consideration of the mutual promises contained herein and the amounts set forth in the financial provisions included herein, the "Financial Agreement," by and between the parent, guardian, or persons in loco parentis executing this agreement, the "Responsible Party," and Greenwood-Leflore Educational Foundation, Inc., a Mississippi non-profit corporation, the "Educational Corporation," WITNESSETH:

Whenever the male pronoun is used herein, it will be deemed to include the female pronoun or vice versa and, likewise, whenever the singular is used, it will be deemed to include the plural, as the context requires.

Educational Corporation hereby agrees to provide an education under a fully accredited curriculum in accordance with the rules and regulations promulgated by its Board of Directors, the "Board," to the students being enrolled, the "Student," at the grade level listed for the upcoming 2025 - 2026 school year, the "Term."

Responsible Party by enrolling Student consents, understands, and agrees that the Student is subject to all the rules and regulations of Educational Corporation as promulgated and established by the Board and/or Pillow Academy Administrators, the “Administration.” Further, the Responsible Party agrees to accept and abide by the Student and Athletic Handbooks as now written and later amended. It is specifically understood by the Responsible Party that the rules and regulations provide for a random drug testing / screening process, the “Drug Test,” to detect and prevent illegal drug use. Responsible Party consents, understands and agrees to the administering of the Drug Test and releases the Educational Corporation from any resulting liability.

Responsible Party understands, acknowledges and agrees that the Educational Corporation retains the right at any time during the Term of this agreement to terminate this Educational Enrollment Contract and to dismiss the Student from enrollment if, in the discretion of the Administration, such action is warranted. In the event that Student is dismissed from enrollment, the unearned portion of the tuition and fees set out in the dismissed Student’s then current Financial Agreement will constitute full liquidated damages in favor of the affected Student and the Responsible Party.

This Educational Enrollment Contract is essential for the Educational Corporation to secure and maintain the necessary faculty and physical facilities required for the education of the Student. The Responsible Party understands and agrees that he is liable for the full amount of the financial obligations contained in the Financial Agreement, including delinquent arrearage, unless released by the Board from any scheduled payments on the remaining balance, and that he will not be eligible for a refund of monthly payments previously paid and deposited. Payments will be retained from May through the month of withdrawal and any pro rata refunds authorized for annual payments will be based on the same criteria of May through the month of withdrawal. Responsible Party consents, understands and agrees that under the rules and regulations of Educational Corporation, Student may be subject to limitations and restrictions if Responsible Party is delinquent in his obligations under the Financial Agreement, up to and including dismissal, and further including but not limited to, a hold on grades and transcripts, restricted access to RenWeb, disqualification or suspension from participating in extracurricular activities and from scheduling testing and exams.

Pillow Academy admits students of any race, color, nationality, or ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, nationality, or ethnic origin in administration of its educational policies, admission policies, and athletic or other school-administered programs.

Financial Agreement Provisions: The Responsible Party promises to pay (waiving presentment, demand, protest and notice of dishonor) to the order of the Educational Corporation the total amount listed below, payable in equal consecutive installments on the same day of each succeeding month until paid in full or payable in one single lump sum payment according to the amounts and schedule set forth:

Registration Fee: $225.00 

This payment must be submitted with all new family applications. Fee will be waived for all current families that register by February 11, 2025. 

Pledge Fee: $240.00 

All families must make a fair share pledge of $240.00 per year as long as they have a child enrolled. This can be paid in one lump sum or 12 monthly payments.

Tuition Fee:

 2025-2026 Tuition: Plan I - Monthly Payments  or  Plan II- Payment in Full

 Plan I - Payment by the Month                         

Grade	Tuition	Monthy Payment                                                (based on 12 months May 2025-April 2026)
K4 and K5	$5,800.00	$483.33
Grades 1-5	$7,280.00	$606.67
Grades 6-12	$7,335.00	$611.25

 

Pledge (per family)	Monthly Payment (based on 12 months May 2025-April 2026)
$240.00	$20.00

 

Plan II - Payment in Full   

This is a one-time payment for tuition and pledge amount. A post-dated check dated no later than March 31, 2025, must be included with your registration packet-due to the PA office by February 11, 2025, to avoid a late registration fee. No exceptions. Payment in full after the March 31, 2025 date will not receive the 3% discount on tuition. Discount is not applicable to the $240.00 Pledge Fee which also must be paid in full to receive the discount on tuition.

Grade	Tuition	3% Discount	Balance
K4 and K5	$5,800.00	$174.00	$5,626.00
Grades 1-5	$7,280.00	$218.40	$7,061.60
Grades 6-12	$7,335.00	$220.05	$7,114.95

 

Pledge - Payment in full (per family)

$240.00

 For information on applying for tuition assistance, please contact:

Catherine Fisher cfisher@pak12.com or 662-453-1266.