The Praxis Blog

2024 Praxis Program Tuition

Written by Mitchell Earl | Mar 1, 2023 10:21:00 PM

Praxis Program Costs

 

Payment Plans

Praxis tuition costs $15,000. This includes all tuition, fees, curriculum, books, and any other course-related material students will require throughout the program.

Plan 1 – Upfront Tuition

Total Cost: $15,000
You pay a $5,000 deposit due at time of confirming your spot in the program, and $10,000 remaining balance due 60 days prior to program start.

Plan 2 – Tuition Installments

Total Cost: $16,000
You pay a $5,000 deposit due at time of confirming your spot in the program, followed by four installments of $2,750.

Plan 3 – Finance Tuition with Third-Party

Total Cost: $15,000 + Cost of Financing
You pay a $5,000 deposit due at time of confirming your spot in the program. Praxis can recommend a third-party lender, but cannot guarantee approval for financing. Rates and terms are subject to lender approvals.

What about financial aid?

Praxis is not eligible for federal student loans, grants, or any other kind of financial aid earmarked for accredited institutions.

We have had participants in the past earn private scholarships from organizations who are willing to apply the funds to Praxis tuition, so if you receive any scholarship funds from a third-party, we recommend asking our team during the application process.

Are there scholarships?

We occasionally offer partial scholarships when available. If we have scholarships available at the time we receive your application, our team will be sure to let you know. 

Can I use a 529 savings plan?

It is possible to use the principal portion of your 529 funds, however, Praxis is not considered a Qualified Education Expense – so if you use any of the earnings portion ("gain") of 529 plan fund to cover Praxis tuition, it may be subject to ordinary income taxes and a penalty. 

We recommend consulting your 529 plan administrator, financial advisor, or tax professional.

For more, please read this post.

What are the next steps?

If you’re ready to accelerate your personal growth and unlock exciting career opportunities, then start your application today!