Tuition and Fees

We want you to apply!

We know that private school tuition can be daunting. At PEA we’re committed to making an Exeter education accessible to all families. Our endowment is one of the largest of any high school in the country, which allows us to offer financial aid to almost half of our families.

For families earning less than $75,000 a year, Exeter tuition is free, and there are many other students who pay nothing to attend the Academy. Last year we were able to give financial aid grants to families earning up to $400,000. Almost 50% of students receive grant aid and our average annual boarding grant is over $41,000 (not including the tuition remission we’re able to offer to children of employees who attend). 

Our commitment to making Exeter as affordable as possible means that we’ve been able to control our tuition growth for many years, with no increase at all for the 2016-2017 school year. The result is a tuition that’s almost 20% lower than several of our peer schools and one that’s about half of the real cost of an Exeter education.

Get more information on eligibility and financial aid amounts based on data from our current financial aid population or contact John Hutchins, director of financial aid.

 2016-2017 BOARDING DAY
Tuition (room and board) $47,800 $37,125
Mandatory Student Fees** 750 750
TOTAL $48,550 $37,875
Non-refundable enrollment deposit due April 10 $2,500 $2,500
Choice of:    
Full payment due July 1 $46,050 $35,375
Two payment plan: due July 1 and November 1    
Ten payment plan: due May 15 - February 15    
Student Accident/Sickness Insurance Plan $2,295 $2,295
Tuition Refund Program TRP fee is 2% of tuition less any financial aid awarded.
BOOKS AND SUPPLIES (approximate) $900 $900

**Mandatory student fees include linen, health & wellness, technology, medical chaperones and regularly scheduled bus transportation to and from campus during major breaks.


As an alternative to a single payment, we offer two or ten payment plans. If full payment of tuition and fees cannot be paid by July 1, parents must enroll in either a two or ten payment plan online and pay their installment payment by July 1. Payment plan enrollment will begin on May 1st. Details are available on our website



This weekly linen service provided by E&R Laundry, includes the laundering of all Academy issued linen. Upon arrival at PEA, boarders will find in their room one laundry bag, four flat sheets, two pillowcases and six bath towels. Students who prefer to use their own personal sheets or towels can send those linens to E&R for laundering as well.

Provides our entire student body with 24/7 accessibility to the broad range of services provided by our team of health care professionals at the Lamont Health and Wellness Center at no additional cost. The services of health care professionals not on the staff of the Lamont Health and Wellness Center and annual physicals are not covered. Families will be charged for some stock medications.

Includes access to the internet, a personal e-mail account, access to local and internal calling, printing, and access to an on-line computer training resource,



Our Tuition Refund Program provides for a 75% refund of the unused paid portion of the annual tuition (excluding the non-refundable enrollment deposit paid and any financial aid awarded) in the event of a withdrawal, dismissal, or medical leave. See your Enrollment Contract for exclusions and terms.

The Student Accident and Sickness Insurance Plan provides primary, 100% coverage up to $500,000 per accident/sickness for a broad range of medical services provided by specialists and hospitals, including laboratory, x-ray and pharmacy. The Plan features no deductibles or preauthorization, and covers a student for the Academic year. Parents with U.S. family health insurance plans with coverage acceptable to Phillips Exeter Academy may decline this Plan.

The Academy has partnered with E&R Laundry for a number of years to offer our boarding students weekly personal laundry service. Information about this service will be mailed in the summer.