Education is an investment in your child’s future- where quality matters most.
Tuition for childcare, preschool, or Montessori School (with varying levels of AMS recognition) is directly related to cost. Consequently, the price reflects the quality of the service and product your child receives.
Montessori tuition should provide the following to your child:
- AMS or AMI credentialed teacher (in every classroom)
- Degreed and experienced teachers
- Complete Montessori curriculum with genuine materials
- Mixed-age group classrooms (spanning over 3-years)
- 3-hour uninterrupted work period
Montessori House for Children & Elementary School is well- established and highly regarded within the Montesorri community, with over 20-years of experience in Montessori Education.
We offer students an extraordinary learning experience. Our faculty of degreed, Montessori credentialed, and experienced teachers are passionately committed to cultivating the greatest potential within each student. Our philosophy and practice is grounded in Montessori- a proven and highly successful educational system.
Our students are exceptionally well-rounded, with achievements in responsible leadership, independent thinking, creative problem-solving, compassionate, empathy, and resiliency. These skills are not only beneficial within our community, but they are necessary for personal fulfillment and future success.
Such benefits are well worth our collective investment.
Ultimately, the School’s culture should align with your family’s values and educational goals. When these are aligned, you are then able to make financial decisions.
Stimulus 2021: Child Care Assistance
The recent stimulus package passed by the federal government has three significant tax provisions that can have a positive impact on families like yours. In these challenging times, your child’s education is more essential than ever. Caring for them—and preparing them for school—is our community service. We wanted you to be aware of these opportunities, so you could plan your child care needs accordingly.
There are three key ways for families to gain child care assistance. Eligibility for all benefits is dependent upon your personal tax situation, including adjusted gross income and tax filing status.
- The Child and Dependent Care Tax Credit (CDCTC) is a federal tax credit that can help families off-set the cost of child care. Previously, families earning $43,000 or less could claim up to $3,000 for one child and $6,000 for two children. This benefit has been increased. For 2021, families earning up to $125,000 can claim refundable credits up to $4,000 for one child and $8,000 for two children, and families earning between $125,000 and $400,000 can claim a portion of the credit. These tax credits are based on your household’s adjusted gross income and credit a portion of expenses up to 50%.
- The Child Tax Credit (CTC) is a federal tax credit that currently provides up to $2,000 for children under the age of 17. For 2021, under the new stimulus package, the credit increases to $3,000 per child, plus an additional $600 for children under 6, expands to include 17-year-olds, and is fully refundable. For qualifying families, the IRS will begin paying the credit in advance in periodic payments.
- In addition, many employers offer a Dependent Care Flexible Spending Account (FSA) that allows you to set aside pre-tax dollars for child care costs. The new stimulus bill increases this year’s allowable amount that can be set aside from $5,000 to $10,500.
These tax credits and FSA changes will impact every family differently. As we are not tax professionals, we cannot advise you on the specific impact to your family. It’s best to consult with a tax professional or preparer (tax preparation software will also have information). Or visit irs.gov to learn more.