Affording MSSM

MSSM accepts electronic fund transfer (ACH) from your checking/savings account, checks or money orders. Checks and money orders must be made payable to MSSM. A $ 25.00 fee will be assessed for a returned checks or returned ACH payments. Credit card payments are not accepted.

• A $25.00 refundable deposit is required for a keycard*
• A $25.00 refundable deposit is required for a room key*
• Student must have an appropriate hand-held calculator for mathematics classes
• Various exams (AP, SAT, etc.) have fees
• Personal computers must be configured with a network card and virus protection
• Unless proof of adequate insurance is provided, health insurance must be purchased at an approximate cost of $1,900/10 month policy. The entire premium is due by August 19, 2022
• MSSM courses for UMPI college credit have a fee

*A deposit is forfeited in the event of loss or destruction. An additional deposit is required to re-issue keys/key cards. Deposits will be returned upon receipt of undamaged keys at the end of the year. Once it has been established that a student has lost his/her key and charges have been submitted through the business office, no refunds will be made.

An initial invoice and a Payment Option Contract for admitted students are issued in July by the Business Office.

Your first payment must be made by August 19, 2022. The payment will be determined by your choice on the Payment Options Contract. Families not meeting this deadline will not be allowed to register their son/daughter on move in day. Refundable deposits for keys are due with first payment. Payments cannot be accepted on move in day.

Past due invoices will be subject to a $25 late payment fees which may be assessed after the 15th of each month.

There are three payment plans available.

1. Pay in full by August 19, 2022 (ACH, check or money order).
2. Pay ½ by August 19, 2022 and ½ by January 3, 2023 (ACH, check or money order).
3. *Pay in 10 equal monthly installments. Payments are scheduled via electronic fund transfer on the first of the month, no exceptions. Payments are scheduled August 19 through May 15.*

*Please note that this option is only available via enrolling in ACH payments

Refund Policy for Student Withdrawals or Early Departures

Current Policy

Students who withdraw or depart early from the Maine School of Science and Mathematics may be due a credit for the unearned portion of the Room and Board charged based upon the refund guidelines listed below.

Room and Board for the year is considered fully earned after of the third week of classes for returning MSSM students and after the fifth week of classes for first time MSSM students. For refund purposes, the school year begins on the first day of class listed on academic year calendar.

Returning MSSM Students

• Prior to 1st day of school 0% of amount owed
• During the 1st week 10% of amount owed
• During the 2nd week 20% of amount owed
• During the 3rd week 30% of amount owed
• After the 3rd week 100% of amount owed

First Time MSSM Students

• Prior to 1st day of school 0% of amount owed
• During the 1st week 10% of amount owed
• During the 2nd week 20% of amount owed
• During the 3rd week 30% of amount owed
• During the 4th week 40% of amount owed
• During the 5th week 50% of amount owed
• After the 5th week 100% of amount owed

MSSM’s Executive Director has the authority to make exceptions to this policy when there are extenuating circumstances.

MSSM accepts electronic fund transfer (ACH) bank transfer, domestic/international wire transfers, checks or money orders. Checks and money orders must be made payable to MSSM. A $ 25.00 fee will be assessed for a returned check. Credit card payments are not accepted.

• A $25.00 refundable deposit is required for a keycard*
• A $25.00 refundable deposit is required for a room key*
• Student must have an appropriate hand-held calculator for mathematics classes.
• Various exams (AP, SAT, etc.) have fees
• Unless proof of adequate insurance is provided, health insurance must be purchased at an approximate cost of $1,900/10 month policy or $2,100/12 month policy. The entire premium is due by August 19, 2022
• MSSM courses for UMPI college credit have a fee

*A deposit is forfeited in the event of loss or destruction. An additional deposit is required to re-issue keys/key cards. Deposits will be returned upon receipt of undamaged keys at the end of the year. Once it has been established that a student has lost his/her key and charges have been submitted through the business office, no refunds will be made.

After being accepted, a non-refundable deposit of $5,000 must be made to reserve your space. The deposit will be credited to your invoice for Room and Board, Tuition, and Non-Resident Student Fee.

Initial invoices for admitted students are issued in July by the Business Office.

Payment in full must be made by August 19, 2022. Refundable deposits for keys are due with 1st payment. Families not meeting this deadline will not be allowed to register their son/daughter on move in day. Payments cannot be accepted on move in day.

Current Policy

Students who withdraw from the Maine School of Science and Mathematics prior to the end of the third week of the school year may be due a credit for the unearned portion of the Tuition, Room and Board, and Non-Resident Fee.

All of the aforementioned charges for the year are considered fully earned at the end of the third week of classes. For refund purposes, the school year begins on the first day of class in the year, regardless of the student’s first class day of attendance during week one and ends on the school’s determination date of official or unofficial withdrawal. The period of time used to calculate the refund is the first day of class according to the school calendar.

Returning MSSM Students

• Prior to 1st day of school 0% of amount owed*
• During the 1st week 10% of amount owed*
• During the 2nd week 20% of amount owed*
• During the 3rd week 30% of amount owed*
• After the 3rd week 100% of amount owed*

First Year MSSM Students

• Prior to 1st day of school 0% of amount owed*
• During the 1st week 10% of amount owed*
• During the 2nd week 20% of amount owed*
• During the 3rd week 30% of amount owed*
• During the 4th week 40% of amount owed*
• During the 5th week 50% of amount owed*
• After the 5th week 100% of amount owed*

*minus $5000 Non-refundable deposit

MSSM's Executive Director has the authority to make exceptions to this policy when there are extenuating circumstances.