If you own an iPad that is ineligible for warranty service but is eligible for Out-of-Warranty (OOW) Service, Apple will replace your iPad with an iPad that is new or equivalent to new in both performance and reliability for the Out-of-Warranty Service fee listed below.
iPad model Out-of-Warranty Service Fee iPad mini $219 iPad 3rd, 4th generation,
$299 iPad 2, iPad $249
A $6.95 shipping fee will be added if service is arranged through Apple and requires shipping. All fees are in US dollars and are subject to local tax.
Certain damage is ineligible for out-of-warranty service, including catastrophic damage, such as the device separating into multiple pieces, and inoperability caused by unauthorized modifications. However, an iPad that has failed due to contact with liquid may be eligible for out-of-warranty service.
Contact Apple Care or go to a Genius (much faster). Apple won't repair it, they'll give replace it with a refurbished one (which is better than new) at the above prices. There are some exclusions like water damage. Just don't forget to full back up your iPad through iTunes to your computer.