EPIC Academy

Rigorous college curriculum to prepare students for college and career success. Student enrollment is approximately 260 students. EPIC Academy (the "Academy") was formed to provide educational services to high school students with a rigorous college preparatory curriculum. The Academy is supported primarily through per capita tuition payments under a performance agreement (the "Agreement") with Chicago Public Schools ("CPS") and the Chicago Board of Education (the "Board"). Additional support is provided by grants from state and federal agencies, various community and corporate foundations, and the general public. The Academy has been certified as a charter school by the Illinois State Board of Education, effective July 1, 2010. The first instruction year commenced in September 2009 with 120 students in the 9th grade. The Academy supports grades 9 through 12, to an anticipated total capacity of 600 students in future years. The Academy is located in Chicago, Illinois. The Academy will not charge tuition to any student, unless the student would otherwise be liable under the School Code, as defined within the agreement with the Board. The Academy may charge reasonable fees as permitted for textbooks, instructional material, summer school programs, after school programs and other student activities. The per capita tuition payment for each student from the Board is to be calculated on the basis of the budget adopted by the Board each fiscal year and paid to the academy on a quarterly basis. These payments are reduced by charges assessed to the Academy for services provided by CPS connected to the use of the CPS facility. The Academy may be eligible for additional funding for programs such as special education reimbursements and supplemental programs.