Finding financial help for admission to Eckerd Academy

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Tuition and Financing Options

We understand financing treatment for your troubled teen is an important issue for most families. That’s why we have several options available to assist families in funding treatment for their child.

Low-Interest Education Loans
Eckerd Academy’ adolescent treatment programs for troubled teens are accredited alternative schools from the Southern Association of Colleges and Schools. This means it qualifies for low-interest, flexible payment K-12 educational loans.

Depending upon the amount borrowed, these K-12 education loans through KeyBank and Prepgate can mean that your monthly payments could be only a few hundred dollars* (see examples below). Our Admissions Department can assist you in applying for low-interest student loans and other educational loan options. For more information, you can visit the lenders' web sites:

KeyCorps at www.Key.com/educate/achieverloan

Clark Custom Educational Loans at www.customedloans.com

*Loan estimate examples: $45,000 borrowed at 8.03% interest, 5% loan fee, 20-year repayment means $397.09 monthly principal & interest payment; $60,000 borrowed at 8.03% interest, 5% loan fee, 20-year repayment means $529.46 monthly principal & interest payment. Please note that these are estimates only and terms will be set by the lender.

Insurance
We advise parents to investigate whether their insurance policy includes benefits for residential treatment. Medicaid and most HMOs typically do not cover residential treatment programs. Although we do not bill insurance agencies directly,our Admissions Department can help you verify benefits and our Accounting Department can supply you with documentation and invoices to assist you in obtaining insurance reimbursement. Insurance companies typically require a recent clinical evaluation recommending the medical necessity of placing your child in a residential treatment program.

Please contact our Admissions Department, 800-914-3937, for more information. We'll be glad to help you.

Tax Deductions
Some of your child’s tuition may be tax deductible. You may want to consult your tax advisor regarding the possibility of tax deductions regarding your child’s treatment.

Please contact our Admissions Department, 800-914-3937, for further information and assistance. You may also reach our Admissions Department by utilizing our contact form.

You may also want to view the frequently asked questions about financing options.

Next: >> General Admissions Information

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	ECKERD YOUTH ALTERNATIVES, INC. • 100 Starcrest Drive, P.O. Box 7450, Clearwater, FL 33758-7450 Tel 727-461-2990 • 1-800-554-HELP (4357) • Fax 727-442-5911
© 2006 - 2007 Eckerd Youth Alternatives, Inc. Eckerd Youth Alternatives, Inc. strictly adheres to a policy of nondiscrimination in the admission of youths without regard to race, color, sex, handicap, religion or national origin. Eckerd Youth Alternatives, Inc. is an equal opportunity employer. HIPAA (Health Insurance Portability and Accountability Act)