ESA or Direct Pay Fees and Compensation
Families pay a flat rate per student, per year. This rate is comprised of two parts.
- The Prenda Fee
- The Guide Fee
The Prenda fee for the 2023-2024 school year is $2,199.
The guide fee is set by you as the guide and will vary from microschool to microschool.
Example scenario: you choose to fund your microschool using the ESA or Direct Pay approach. You decide to set your guide fee at $3,500 per student and you have 10 students. Families would be charged a total of $5,699 ($2,199 + $3,500) per student per year and you would earn $35,000 for running your microschool approximately 20 hours per week.
In some cases, Prenda will handle all invoicing for you while in other situations Prenda will invoice families for the Prenda fee only and you will need to collect payment for your guide fee independently.