Punahou's tuition is partially underwritten by the income of the School's permanent endowment and from gifts of alumni, parents and friends to Punahou's Annual Fund. Tuition costs are reviewed annually and Punahou's tuition is consistently at the low end of comparable national independent school costs.

Tuition for the 2012 – 2013 school year for Grades K – 12 is $19,200.

What Tuition Covers
In addition to the broad curriculum, tuition also includes the following:

Grades K – 8
Certain counseling costs; classroom supplies; manual arts and art courses; student government activities; publications; performance and field trip fees. A testing fee at each grade level is also included, covering all group testing, and a book rental fee is included in grades K – 6. Na 'Opio, the Junior School yearbook, is also included.

Grade 4 tuition includes the annual, two-day exploration trip.

Grade 6 tuition covers the weeklong camp experience, part of the regular curriculum.

Grades 6 – 8 tuition includes admission to all regularly scheduled interscholastic contests, in which Punahou is competing, a book locker, athletic locker and towel service.

Lunches and snacks are not covered by tuition.

Grades 9 – 12
Oahuan, the Academy yearbook; a biweekly copy of Ka Punahou, the Academy newspaper; the literary magazine, Ka Wai Ola; admission to all regularly scheduled interscholastic contests in which Punahou is a competitor, with the exceptions of League and State championship events; towel service; athletic locker and book locker; activities support for events authorized by the student government; student admission to all dramatic productions except the Variety Show; certain counseling costs, and a group testing fee at appropriate grade levels, including College Boards for juniors.

Students in grade 12 take various tests, including Advanced Placement examinations, which are charged individually.

Lunches and snacks are not covered by tuition.

Tuition Insurance
Punahou offers a Tuition Refund Plan (TRP) which provides insurance for financial losses incurred during the academic year because of withdrawal, dismissal or extended medical absence. The TRP premium is $135 for the 2013 – 2014 school year, and is payable with the first tuition payment.

Participation in the TRP is required of families who choose the Monthly Payment Option, as well as families who receive financial aid. For further information, please contact:

Jill Kawano
Controller and Assistant Treasurer, Business Office
jkawano@punahou.edu
808.944.5812 Tel
808.944.5773 Fax

Payment
Upon a student's enrollment, the payment of tuition and fees for the full academic year is an unconditional obligation.

No portion of tuition or fees paid or outstanding will be refunded or cancelled notwithstanding the absence, withdrawal or dismissal of the child from Punahou School during the academic year. This obligation may be cancelled by notifying Punahou School in writing on or before June 30 preceding the school year that the child will not enroll.

Tuition is payable annually, by the semester, or monthly:

• Annual payment: payable in a single installment in July.
• Semester payment: payable in two installments in July and December.
• Monthly payment: ten monthly installments beginning in July. An additional charge of $100 is made to cover handling costs.

There is a charge of 1% per month on all unpaid student account balances at the end of each month. Parents are reminded the student will be charged to repair or replace all damage to property, deliberate or due to negligence. No senior will receive a diploma or detailed record of work at Punahou until the account is paid in full.