Financial Policies
A. TUITION
Tuition and fees cover approximately
72% of our school’s operating expenses. This 72%
demonstrates the financial strength of St. Angela’s as a
school that is integral to the community and supported by
the community.
The tuition program used at St. Angela Merici School is
Tuition Management Systems (TMS). Details and re-enrollment
forms for this program are distributed prior to
registration. Tuition IS NOT accepted at the school
for the safety and security of the children and staff.
Participation in the program is a requirement for
attendance.
The school retains the right to withhold academic records
and report cards, and to deny entry to class for students
when their accounts are in arrears for tuition and / or
fees.
Annual Tuition Rates for
2007 to 2008
Tuition is paid in ten installments from July to
April.
Parishioners - registered and active members
in St. Angela Merici Church. Active parishioners regularly
participate at Sunday Mass and contribute a minimum of
$220 per calendar year to the parish. Contributions are
made by using the Church’s envelopes because there is no way
for us to track contributions dropped in the basket.
Monthly
• One child family $274.00
• Two children family $487.00
• Three children family $652.00
• Four children or more additional $118 per student.
Out-of-Parish
-
Non-parishioners -
Catholics who are not registered at St. Angela Merici Church
or who are not active in the life of the parish.
Non-Catholics are also considered non-parishioners.
Monthly
• One child family $299.00
• Two children family $537.00
• Three children family $728.00
• Four children or more additional $141 per student.
Pre-Kindergarten: $351.00 per child per month.
Kindergarten: $339.00 per child per month.
No parish or
family discount for children in Pre Kindergarten or
Kindergarten
Tuition Management Systems
Highlights
1. Payments are due July 2007 through April 2008.
Families pay either on the 1st or 15th of the month.
2. Families have a choice of monthly invoice billing
or automatic withdrawal (ACH) from a checking or savings
account at no additional charge.
3. Families may pay by electronic check over the
phone or online for a $5 convenience fee.
4. Families may pay by using Visa, MasterCard or
Discover Card (a convenience fee may apply).
5. Tuition Management Systems must receive payments on the
due date that is stated on your bill. If the total amount
due is not received by this date your account is subject to
a late fee.
6. Families have access to their accounts 24 hours a
day, 7 days a week, on the Internet at
www.afford.com
7. Families have access to Education Payment
Counselors Monday – Friday 8:00 AM to 10:00 PM (EST) and
Saturday from 9:00 AM to 3:00 PM for questions on their
accounts.
8. There is a $37 annual re-enrollment fee per
family. This fee will be paid to Tuition Management Systems
via a check or money order accompanying the re-enrollment
form.
B. Scholarships and Grants
Each student in grades first to eighth receives a
scholarship of $100 from the Archdiocese of New York through
the Inner-City Scholarship Fund (ICSF). Without this grant,
the tuition for grades 1-8 would be $10 more per month or
$100 more per year. We are grateful to ICSF for their
consistent and reliable support. Two other programs,
Children’s Scholarship Fund (CSF) and Be a Student’s Friend
(BSF) award scholarships to families who meet the financial
and academic criteria. Only students who are in good
standing at school are eligible to apply. St. Angela
Merici School does not have the resources to provide
scholarships.
Families who participate in scholarship programs are
responsible for the tuition balances and fees. They must
register with Tuition Management System and are bound to the
same policies as the families who are not in the scholarship
programs. Scholarship recepients must have accounts current
or scholarships will be revoked.
C. Fund-Raisers and other fees
All families must participate in mandatory fundraisers.
Failure to fulfill these obligations will result in the
billing for these funds. All other school fees are due on
the deadlines scheduled in school notices.
Fund raisers - Mandatory
Annual fees
Re-Registration $50.00 per child
New Registration $80.00 per child
Books & Materials Fee $133.00 per
child
Computer Fee $109.00 per
child
Building maintenance $51.00
per child
D. Returned Checks
– There is $35 returned check fee due for all checks
returned by our bank.
E. Refunds
The re-registration fee is non-refundable and
non-transferable. The book fee is refundable prior to the
first day of school. All other fees or fund-raising payments
are NOT refundable nor transferable when a student
withdraws from school.
Tuition is refundable prior to the first day of the month.
Families who re-register for the following academic year and
have unpaid school bills, authorize the school to transfer
the future payments to the current debt.
