Immediately upon enrollment, 30% of the Total Contract Value is considered fully earned by the School. This portion represents reasonable liquidated damages for administrative overhead, seat reservation, and the initial billing quarter (June, July, August) and is non-refundable under any circumstances.

Commencing on September 1st, tuition is earned by the School in monthly installments of 10%. For any partial month of attendance, tuition is earned on a pro-rata basis calculated daily from the first day of that month through the date of withdrawal.

In recognition of the difficulty in filling vacancies mid-year, an Early Termination Fee equal to 20% of the remaining unearned contract balance will be assessed.

By April 1st, the sum of the Minimum Earned Tuition and Accrued Instructional Tuition equals 100% of the Contract Value. Consequently, any withdrawal occurring on or after April 1st results in full financial liability for the entire annual tuition.

While financial obligations are binding to ensure the School's operational stability, SVA remains a community-centered institution. In cases of severe, documented financial hardship (e.g., job loss, medical emergency), families may submit a formal appeal to the Board of Directors. Exceptions to the termination fee are rare and granted solely at the Board's discretion.