Tuition Assitance
Affording Vanguard College Preparatory School
Vanguard makes a lifelong impact at a vital time in our students’ lives, no matter their trajectory. A Vanguard education prepares our graduates for the future by inspiring their hearts and minds to be forward thinking, globally conscious, and deeply tenacious.
We recognize that our tuition cost represents a significant investment for a family in their student’s future, but it is our sincere hope that a family’s ability to pay full tuition is not the determining factor in their decision to apply to or attend Vanguard. We are committed to building a thriving community of passionate, empathetic, driven students from a broad range of backgrounds.
Vanguard seeks to provide access, through need-based scholarships, to any and all students and families who embody the Vanguard mission. Admission is granted without regard to a candidate's ability to pay, with our financial aid program therefore serving as a vehicle for strengthening the community and enriching the experience of all Vanguard students, families, faculty, and staff.
We are eager to listen to, partner with, and advocate for families as they make a Vanguard education their reality.
Finding the best school to academically nurture and challenge your children is critical to their success.
For many families, paying for that academic investment in their children is a major stressor. Vanguard College Preparatory School offers tuition assistance to assist Waco and Central Texas families. This is in keeping with our desire to maintain a student body with high academic potential from across Central Texas.
Financial barriers should not prevent you from making the best decision for your children’s futures. Here at Vanguard, we offer tuition assistance to help make education more affordable for families. In fact, 60% of our students receive some form of tuition assistance.
Applying for tuition assistance is simple and streamlined to remove as much stress as possible for parents. Vanguard uses FACTS to assist with determining levels of tuition assistance for its families.
Tuition Assistance is awarded via FACTS
A completed FACTS application should be submitted by with the online application. A 2024 W2 and other tax forms will need to be submitted online to FACTS to complete the application.
Tuition assistance can be applied for through FACTS However, the majority of tuition assistance money will be awarded to those families that meet deadline and the earlier you apply the better chance of assistance.
FACTs charges a fee of $35/application submitted.
Does Vanguard Accept Vouchers?
Vanguard College Preparatory School will be participating in the TEFA (Texas Education Freedom Accounts program, formerly known as Education Savings Account or vouchers, is expected to open its application process for parents on February 4, 2026.
Families may apply for the program through the Odyssey Portal run by the Texas Comptroller, which will allow them to be considered for available TEFA funds. If awarded, the parent must authorize Odyssey to send the funds directly to Vanguard, where they will be applied to tuition and other eligible school-related expenses.
Vanguard’s enrollment/admissions criteria and FACTS tuition assistance program will not change as a result of its TEFA participation.
https://educationfreedom.
TEFA is adding schools often and we believe Vanguard will be listed soon.
Vanguard offers Tuition Assistance via FACTS
Below is a list of information about the 2026-2027 Tuition and Fees for Vanguard Day students:
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A non-refundable application fee of $100 is due with the online application for new students.
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Annual Tuition for the 2026-2027 school year:
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7th - 12th Grade -$18,270
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6th grade – $12,600
- Tuition is set by the Board every December.
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International Students who need an I20, please contact Mrs. VanDyke about international tuition- Email Hannah VanDyke.
FAQ on FACTS Financial Application - Click Here
TEFA (Texas Education Freedom Accounts program, formerly known as Education Savings Account or vouchers, is expected to open its application process for parents on February 4, 2026. - Click Here to Learn More
Prospective Family?
Please Take Note:
The admission decision is based solely on each student’s academic and personal qualities independent of the family’s ability to meet the cost of a Vanguard education. Thus, admission to Vanguard and the awarding of financial aid are two separate decisions.
The first step in applying for Grant and Aid is to apply for admission. Please complete the Admission Application online in the Admissions Application section of the website.
New families may desire to know a tuition assistance amount early in the application process and prior to the completion of their taxes.
Conditional tuition assistance awards can be granted as soon as possible to new students who apply with FACTS.
For questions about tuition assistance or help applying for FACTS, please send an email to Email Tuition Assistance
If you have questions or concerns about the application process, you may speak with a FACTS Customer Care Representative at 1-866-441-4637.
How to Use a 529 Plan for Private School
A 529 plan isn’t just for college. Find out below how to use the funds for your children’s private elementary and high school education.
- A 529 plan is a tax-advantaged investment account similar to an IRA. It lets you save money for higher education expenses. But now, you can also use it for private elementary and high schools. Most plans let you set it and forget it. Automatic deposits can be set up from your checking account or via a payroll deduction. The money in the account is managed by an outside investment firm hired by the program manager or the state treasurer’s office. These plans are a very hands-off way to save for college.
- Using your 529 account is simple. You withdraw funds and transfer them to your checking account. From there, it’s cash you can put toward your children’s education. But what’s actually covered? It depends on whether you use it for elementary/high school or college. As a college savings account, the 529 plan is eligible for a relatively wide range of qualified expenses.
- For primary or secondary education expenses, you can only use your 529 money to pay for tuition—nothing else. The plan won’t cover any other expenses like field trips, school supplies, or books. The limit for withdrawals is $10,000 per year. Withdrawals used for any expense other than tuition will be hit with a 10% penalty. And you’ll also be required to pay ordinary income tax on earnings.