Tuition Fees and Financial Aid

Refund Policy

If a student withdraws from St. Mary’s school after tuition and fees have been
paid, tuition will be prorated based on the days of attendance. Registration and Materials fees will not be refunded.

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Tuition Information

Letter of Intent

Families of students currently enrolled will be asked to submit a Letter of Intent
for the next school year, along with a registration fee. A student is not considered enrolled until the Letter of Intent and registration fee are received. Open enrollment to fill classes will begin in the spring of each school year.

Registration

Registration is held early in August, prior to the beginning of the school year.
All registration and materials fees must be paid at registration. All tuition charges from the previous year must be paid before the new school year.

Tuition Agreement/FACTS

A Tuition agreement is a binding agreement between parents and St. Mary's
Parish and School. The Tuition agreement is reviewed and signed by parents at registration. Tuition may be paid through two payment options:

St. Mary’s uses FACTS, to collect tuition from families who prefer to make
payments. Payments may be made in 10 month (August – June) or 12 month
(July – June) payment plans. If another payment plan is required, please contact the school office.

Payments may be made by automatic deduction from a checking account, by
mailing in payments, or by credit card. An additional fee is assessed by FACTS
for credit card payments.

Families who are enrolled in FACTS may access their account through the
following website: http://www.factsmgt.com

Tuition is the responsibility of the parent/guardian who signs the tuition
agreement. St. Mary’s School does not bill non-custodial parents for tuition.
A non-custodial parent may sign up for the FACTS payment plan; however, the custodial parent/guardian is still responsible for tuition if the non-custodial
parent does not pay tuition according to the FACTS agreement.

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Tuition & Fees

The Education Commission provides recommendations to the pastor and
principal regarding tuition policies. Tuition and fees are reviewed annually by
the Education Commission. The cost of educating a child at St. Mary’s School is
just under $5,000 per year.

In an effort to make tuition affordable, St. Mary’s Parish subsidizes the
tuition of ALL students.

Tuition and fees for the 2009 – 2010 school year

Enrollment Fee for Pre K: $75 per child (non-refundable)

Enrollment Fee forK – 8: $125 per child (non-refundable)

A discount of $25 per family will be given when the registration fee is
submitted by the deadline stated on the Letter of Intent.

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Financial Assistance & Scholarship

Financial Assistance/Scholarship

There are several opportunities available for financial assistance:

John Lancaster Spalding Scholarship :

The Spalding Scholarship is funded through the Diocese of Peoria’s Rooted in
Faith Campaign. This scholarship fund provides needs-based financial aid to moderate and low-income Catholic families to ensure that a Catholic education
is accessible to all Catholics. The application process begins in January and all applications are due in February. Recipients are notified in April. Information is published in parish bulletins, the school newsletter and on the diocesan website and school website.

St. Mary’s Parish Scholarship

St. Mary’s Parish strives to provide financial assistance to those members of the
St. Mary’s congregation who cannot meet the full financial obligation to the school. Financial aid is only granted to families who have been registered AND active parishioners of St. Mary’s for at least ONE year.A family will only be considered for financial assistance after they have applied for the John Lancaster Spalding Scholarship. St. Mary’s Scholarship recipients are notified in April. Financial
assistance is not available for prekindergarten students.

Scholarships from other parishes

Families who are members of other parishes and require financial assistance
should speak to their pastor about tuition assistance. Many area parishes
provide this type of assistance to their members.

CCHS Scholarship Opportunities

Several scholarship opportunities are available for 8 th graders who will attend Central Catholic High School . Scholarship opportunities are announced in early spring.

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Service Hours

Stewardship is sharing our time, talent and treasure with others. As a Catholic
Faith community, stewardship is an important value to pass on to our children. Stewardship also helps us provide activities for our students that we otherwise
could not support. Therefore…

Families with a child in Kindergarten through 8 th grade are required to:

Families with only a Pre-kindergarten student are required to provide at
least 10 hours of service. Participation in Fish Fries and Fundraising is optional,
but highly encouraged for per-kindergarten families.

Service hours for the school year will begin June 1, 2009 and end May 31, 2010.

Families will keep track of their service hours and submit their hours at the end of September, December, March, and May. Service hours are carefully tracked.

In order to qualify, the service activity must fall under the jurisdiction of the
school. Some ways to earn service hours include: helping at Home and School events, committee work, sponsoring a club, and helping in the classroom. For additional opportunities, watch Tuesday Notes announcements.

Any family that does not complete their service requirement will be
assessed $10.00 per hour not served. Any family that does not complete
the requirement of working a Fish Fry will be assessed an additional $75.00. This assessment will be added to your tuition at the end of the school year.

Updated: 12/3/09