On March 27, 2023, Governor Ron DeSantis signed HB 1, legislation that greatly expands eligibility for Florida’s school choice scholarships (now all students who are residents of Florida and eligible to enroll in Kindergarten - 12th grade are eligible, but priority is still given to lower and middle-income families).
You can read about these changes here.
Florida Tax Credit Scholarship (FTC) & The Family Empowerment Scholarship for Educational Options (FES-EO)
The Florida Tax Credit Scholarship and Family Empowerment Scholarship for Educational Options are state-funded scholarships for students entering grades K5-12 based on a family’s financial need. Visit StepUpForStudents.org to learn about scholarship details and eligibility requirements. If your family meets the requirements, it is important to apply as soon as applications become available each year. Funding is limited and awarded on a first-come, first-serve basis.
Families may sign up at the Step Up website to be notified when applications for funding become available. If awarded a Step Up scholarship, families must submit their award letter to TMA's Finance Office so the child can be properly enrolled in the program.
Starting with the 2021-22 school year, siblings of students participating in the Family Empowerment Scholarship, including siblings of students who are eligible based on a special need and dependent children of a member of the United States Armed Forces, including reservists, are also eligible.
The Family Empowerment Scholarship for Unique Abilities (FES-UA)
The FES-UA Scholarship combines what was formerly known as the Gardiner and McKay Scholarships. The scholarship is structured as an Educational Savings Account (ESA), allowing parents/guardians to customize their student's education and cover multiple expense categories beyond just private school tuition and fees.
This scholarship is for Florida students 3 years old through 12th grade, with one of the following diagnoses: anaphylaxis, Autism spectrum disorder, being a high-risk child, Cerebral Palsy, Down syndrome, emotional or behavioral disability, hearing impairment, hospital or homebound, identification as dual sensory impaired, intellectual disability, language impairment, muscular dystrophy, orthopedic impairment, other health impairment, Phelan-McDermid syndrome, Prader-Willi syndrome, rare diseases, specific learning disability, speech impairment, Spina Bifida, traumatic brain injury, visual impairment, Williams syndrome.
Visit Step Up for Students to learn about scholarship details and eligibility requirements.
FES-UA scholarship families and students applying for admission to The Master’s Academy must meet the same entrance requirements as all other applicants. Prospective students must meet the academic guidelines set for the G.O.L.D. program; have a current IEP, and current full battery psychological and educational testing. Entrance is also based on available space.
Students with a disability do not have an individual right to receive some or all of the special education and related services that the student would receive if enrolled in a public school under the Individuals with Disabilities Education Act (IDEA), as amended.
The Master’s Academy has a limited amount of funds to assist families each year (students in the preschool programs are not eligible for financial aid). This program is capped at 50% of a family's out-of-pocket tuition and requires a new application to be filed annually in order to be considered for funding for the upcoming school year.
Eligibility is based in part on income and asset levels during the previous tax year and requires third-party verification of tax returns. In order for a family to be considered for financial aid, the student(s) must already be enrolled at TMA for the upcoming school year. If your student is not yet enrolled for the upcoming school year, please contact TMA's Office of Admissions at (407) 971-2221 ext. 1820 for enrollment information.
All funds for 2023-2024 have been awarded. Applications for 2024-2025 will open on February 1, 2024.
K5-12th Grade Discounts
Siblings - Families with multiple students in K-12th grade, after paying the full amount for the student with the highest tuition, will receive a $500 discount for additional K-12th grade siblings. After paying the full enrollment fee for the first student, the family will also receive a $225 discount for additional siblings enrolling.
Pre-Payment Discount - Families who prepay their annual tuition by June 1 each year will receive a 1.5% discount. You must select this payment plan in FACTS.
Pastor / Missionary Discount - For a parent in full-time vocational pastoral ministry, or raising their own support as a missionary, a 25% tuition discount will be applied. An annual letter from your ministry is required to receive this discount. The letter should be on your ministry's letterhead, signed by an official of the organization, and contain a description of your position (If it is not a Pastoral position, 100% of your support must be fundraised, and this information needs to be included in the letter). Letters can be uploaded here.
There are two new K5 - 12th Grade discounts that go into effect for the 2023 - 2024 school year for enrolled families:
TMA Alumni - a $750 discount per student will be applied to tuition when a custodial parent has graduated from The Master's Academy. Please complete this form to request the discount which will be applied annually as long as the student is enrolled at TMA.
Active Duty Military / Police Officer / Firefighter - a $500 discount per student will be applied to tuition when a custodial parent is an active duty member of the military or employed as a police officer or firefighter. Please complete this form to request the discount. This discount will be renewed annually upon verification of employment.