Tuition payments may be made in a variety of ways. Payments may be made online with Visa/MasterCard/Discover credit cards or electronic check by choosing the appropriate link above. Payments may be mailed or brought to the LSA office. (The first tuition/fee payment is due July 1.)
Tuition/fee payments must be current before secondary student schedules are released in August. Dates and times for student schedule pick up will be announced in late July.
529 PLAN INFORMATION
What is a 529 plan?
529 college savings plans began in the mid-late 90s and immediately gained popularity as a tax-free way to save for higher education expenses. Within limits, the earnings on 529 plan investments do not incur federal and sometimes also state taxes, as long as you apply the funds to educational expenses (tuition, fees, books, technology, supplies, etc.)
How did the 2018 tax reform bill help the cost of independent school education?
The change in the new tax law has expanded the definition of “qualified expense” for 529 plans to include tuition-based schools. Independent schools that charge tuition will now be considered an eligible expense and families can use up to $10,000 per student per year from their 529 savings.
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