Financial AidStudents in The Orchestra Now receive a fellowship covering tuition, a bi-weekly taxable living stipend (see below), and health benefits. Students are required to pay an enrollment deposit of $515 ($500 deposit plus $15 service fee). The deposit amount is credited to the first semester of enrollment costs. A security deposit of $225 is collected upon acceptance into the program, and will be credited if student commences or withdraws from the program. Students pay both a health services fee of $470 and a registration fee of $200 for the academic year. A leave of absence/maintenance of status fee is $500 for the year or $250 per semester.
StipendsStipends are taxable. A United States Social Security number is required for stipend payments.TŌN students will receive biweekly checks or direct deposits, and a W-2 at the end of the year. Stipends cease upon graduation. If a student has received the full stipend in the third year and has still not graduated, they will not receive additional stipend.
Stipend amounts are divided annually into 3 academic periods, a fall semester, a spring semester, and a summer session. Based on how weeks may fall within a year, payment amounts and schedules may be adjusted slightly, but generally, the student receives $10,500 in the fall semester (10 pay periods September to January), $10,500 in the spring semester (9-10 pay periods January to May or June), and $3,000 in the summer session (6 pay periods June-August). Once again, stipends cease upon graduation.