We Love PCA Club Info

1. Concept of We Love PCA Club (WLPC)
1. For every $10,000 investment, 5% of tuition for the
first child in the family will be waived for 5 years
2. Family can invest $10K, $25K, $50K, $100K or
$150K (to a maximum of 75% discount)
3. Tuition discount is tax free
4. First investment started in December 2009
5. Helped the school to raise over $1MM towards 245
Renfrew renovation
6. Investment returned to you at the end of 5 years

2. Concept of We Love PCA Club (WLPC)
For day care family, the discount amount will be the
same as day school. For $10,000 investment:
• Tuition: $10,630
• Discount: $ 531.50
Day School
(JK – Gr. 12)
• Fee: $13,180
• Discount: $531.50
Daycare (2.5
– 4 years old)

3. For example: Mr. Lee’s family deposits $10,000 WLPC
investment on June 1, 2017. Mr. Lee has a son in Gr.2.
• 2017 - 2018 Tuition: $10,630
• WLPC discount: $531.50
WLPC Discount:
$531.50
• 2018 - 2019 Tuition: $10,990 (example)
• WLPC discount: $549.50
WLPC Discount:
$549.50
• 2019 - 2020 Tuition: $11,500 (example)
• WLPC discount: $575
WLPC Discount: $575
• 2020 - 2021 Tuition: $12,000 (example)
• WLPC discount: $600
WLPC Discount: $600
• 2021 - 2022 Tuition: $12,500 (example)
• WLPC discount: $625
WLPC Discount: $625

4. For example: Mr. Smith’s family deposits $10,000 WLPC investment
in June 1, 2015. Mr. Smith has a daughter going to ELC.
• 2017 - 2018 Fee: $13,180
• WLPC discount: $531.50
WLPC Discount:
$531.50
• 2018 - 2019 Fee: $13,400 (example)
• WLPC discount: $549.50
WLPC Discount:
$549.50
• 2019 - 2020 Fee: $13,800 (example)
• WLPC discount: $575
WLPC Discount: $575
• 2020 - 2021 Fee: $14,200 (example)
• WLPC discount: $600
WLPC Discount: $600
• 2021 - 2022 Fee: $14,400 (example)
• WLPC discount: $625
WLPC Discount: $625

5. In both examples, the investments of $10,000 will be returned to
Mr. Lee and Mr. Smith’s families on June 1, 2022 (at the end of the
5 year term).

6. Frequently Asked Questions:
1. Will my second child discount still apply if I put money into
WLPC?
Ans. Yes. The sibling discount will apply.

7. Frequently Asked Questions:
2. If I have some money that I would like to invest and they are not
available until November 2017, can I still join?
Ans. Yes. The membership is date sensitive. Discount applies on
the date when membership deposit is credited to the WLPC
account. For example, if a deposit of $100,000 is received on
November 05, 2017, 50% discount will be applied to school fee
from November 05, 2017 to May 31, 2018 pro-rated.

8. Frequently Asked Questions:
3. What if my child will graduate before the end of the 5 year
term?
Ans. The WLPC investment will be rolled into the next child’s
tuition discount. If no more child will be attending the school,
PCA will assist in trading the membership with another PCA
families when available, or convert the membership deposit to
PCA Promissory Note Series B and receive interest payment
(3.5% p.a.).

9. Frequently Asked Questions:
4. Is the tuition discount a taxable income?
Ans. No, the tuition discount is not a taxable income, making this a
tax efficient investment.

10. Frequently Asked Questions:
4. What is the tax implication?
Ans. Since the family will be paying less tuition, the tax receipt
amount attributed to Christian education will be reduced
accordingly. In the event some families put in a large amount
of WLPC investment and paying only 25% or 50% of tuition,
there may not be any tax receipt issued for the Christian
education portion.

11. More questions
Simon Yuen syuen@pca.ca
Carol Lam clam@pca.ca