The Peabody Preparatory offers several payment options to pay for tuition and fees. Credit card (VISA, MasterCard, Discover, American Express), e-check, check, JHU tuition remission, and cash are acceptable forms of payment. Please make checks payable to the Peabody Preparatory. A monthly payment plan is also an option allowing you to defer your tuition by enrolling through TMS.
TMS Monthly Payment Plan
To help you better manage student educational expenses, Tuition Management Services (TMS), a division of Key Bank, NA, is now available to Preparatory families and students. TMS’s interest free monthly payment plans allow you to spread Preparatory education expenses over smaller monthly installments, paid over the course of the school year. The cost is a $70 enrollment fee per student per year, or $55 per student for each semester. You may choose the most convenient payment plan option available at the time of your enrollment.
To take advantage of this program, simply complete the online Enrollment Worksheet on TMS’s website as a guide to assist you with the enrollment process at www.afford.com/JHUPPrep. You may also print the sheet and mail it along with your enrollment fee (and any payments already due) in an envelope to TMS at the address listed on the form. You may also call them toll-free at 888-805-9817 to enroll, or if you need assistance with the online process.
Once you enroll, TMS will bill you for monthly payments as they come due, or you may arrange to have payments automatically deducted from your checking or statement savings account.
Note: The Peabody Preparatory reserves the right to adjust a student’s TMS amount to insure the plan amount covers the total charges owed to the Preparatory. If payment is not made in accordance with the payment schedule, TMS has the option to terminate the agreement and, if reinstated, a $25 fee will be assessed.
Johns Hopkins University full time employees and their families are eligible for tuition remission credit. The amount of tuition remission credit is dependent on the policies of the division in which University employees work and the type of instruction desired at the Preparatory and is calculated on total tuition due. The following University-wide policy must be followed in order to obtain tuition remission credit.
- Registration Forms must be accompanied by one Tuition Remission Form for each type of instruction (individual or class) per family member. Tuition Remission Forms must be submitted at time of registration. Registrations submitted without a complete set of appropriate Tuition Remission Forms will be held in the Peabody Business Office and notification will be sent to the billing party. Registration cannot be completely processed until all forms are received. Tuition Remission Forms cannot be submitted after a student has already registered.
- A Tuition Remission Form can only be used for the specific term it was issued and will be forfeited if not used within that particular term.
- Students or parents of students will be held personally liable for any balance on their account resulting from failure to follow these guidelines.