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FACTS Tuition Payment System | Financial Policies | Financial Aid |
All financial
aid for the 2010-2011 school year has been distributed.
2010-2011 Tuition:
• $7150.00 per student
Additional Fees
:
• New Student Registration Fee: $100.00 per student
• Home & School Fee: $100.00 per family
Deposit due at time of acceptance
:
• $600.00 (applied to first month's tuition)
Annual Re-registration Fee
:
• $100.00 per student (due in February)
POLICIES
Tuition payments form the primary source of financial support for the academic programs of Our Lady of the Assumption Catholic School. Tuition payments are the responsibility of the parents. Failure to pay tuition seriously jeopardizes the fiscal health and stability of the school. Our Lady of the Assumption Catholic School Finance Committee Policy states that tuition must be paid in a timely and consistent manner.
Accordingly, the financial policies of OLACS are:
- Tuition may be paid in full by July 1.
- The annual tuition and fees may be divided into ten (10) monthly installments due July through April using FACTS Tuition Management, or paid in full by July 1.
- If a payment has been missed through FACTS, a second attempt will be made by FACTS on the next collection date per the FACTS Agreement.
- After two consecutive payments have been missed, parents must contact the business manager and/or principal to arrange a payment plan acceptable to the school.
- Tuition assistance is available for Catholic families. Information regarding the application process and forms for tuition assistance are published by the school in December. OLA Catholic School follows the policy and procedures for Tuition Assistance set forth by the Archdiocesan Office of Catholic Schools.
- No family may return to the school if payment for the previous school year has not been paid in full by July 1st. Past due tuition balances will be pursued through legal action.
- No student's name will be added to a class list in August if a FACTS Agreement or payment in full has not been received by July 1. If a response has not been received by July 1, OLACS will assume that you will not be returning, and your place will be offered to the next family on the waiting list.
- Tuition will be prorated based on a ten month school year for anyone changing status during the school year.
- Students withdrawn after August 1 will be charged for August tuition.
- Should extenuating circumstances occur which inhibit the parent’s ability to pay tuition, it is the responsibility of the parent to make contact with the school principal or business manager as soon as possible to make alternate arrangements for payment.
WITHDRAWALS
- Withdrawal is not official until the
official withdrawal form has been submitted to the school office.
- Students who withdraw from the school will pay tuition through the end of the month in which they withdraw.
- FACTS payments will be canceled for the remaining months; prepaid tuition will be refunded for the remaining full months of the school year.
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