A paper-folding apparatus includes a hopper for holding one or more sheets of paper or other similar foldable media, a discharge feed and stripper assembly, a shuttle associated with the hopper operable to transfer a sheet of paper from the hopper to the discharge feed and stripper assembly, a conveyor that receives one or more sheets of paper from the discharge feed and stripper assembly, and a folding roller assembly that receives the one or more sheets of paper from the conveyor, folds, and then ejects the folded paper(s) from the paper-folding apparatus. A driver assembly including a motor and an arrangement of clutches is provided and is operable to actuate the shuttle, discharge feed and stripper assembly, conveyor, and folding roller assembly. A control panel is also provided to permit a user to manage and otherwise operate the paper-folding apparatus in an efficient manner.