Business / In Brief • June 12, 2013
Academy of the Pacific to close
HONOLULU – A private school with dwindling enrollment says it will close its doors for the next school year.
The Honolulu Star-Advertiser reports the Academy of the Pacific will close after more than 50 years.
A statement released by board Chairman Barron Guss says increased financial pressures on school families have led to a greater need for tuition assistance and the school can’t financially sustain itself.
Tuition at the campus in Alewa Heights is $17,700. The school’s website says 32 percent of families received financial assistance for the 2012-13 school year ranging from $2,000 to $13,300.
The grades 6-through-12 nondemoninational school last year had 85 students and ended this year with 63 students.