Residency Agreements at Fellowship Village
Comparing senior living contracts
We offer two contract options for incoming Independent Living residents. The best choice for you depends on your financial situation.
- The Traditional Refund Plan includes an abundance of amenities and services at a lower entrance fee. Plus, you may benefit from a significant upfront and an annual medical deduction on your tax return. Entrance fees range from $217,900 to $870,000 for singles, with Monthly Fees from $3,700 to $7,292.
- The 90% Refund Plan provides a return of 90% of the entrance fee so long as the resident never moves to long-term care. Should a resident move to long-term care, a 10% discount is applied to the then current per diem rate. Entrance fees range from $326,850 to $1,306,350 (No 2nd person entrance fee) with Monthly Fees from $3,700 to $7,292 (2nd person monthly service fee only $995).
To learn more about our premier senior living community options, please contact us at 908-580-3840 to speak with one of our experienced senior living counselors.