2022-2023 Tuition Full Day PreKindergarten (Age 3): $7,500 Full Day PreKindergarten (Age 4): $7,000 Kindergarten through Grade 8: $5,100 Tuition payment is an electronic fund transfer through FACTS Tuition Management Program. Tuition is due the 5th or 20th of the month, starting in July and ending in April on the standard 10 month payment plan. Please see the school tuition policy for more information. There is a $43.00 fee to set up a FACTS payment agreement. Tuition payment options are: One payment in full by June 15th (non-financial aid recipients will receive a 5% discount on their tuition). Two payments - June and January Three payments - June, October, and January Standard ten payments - June through April Any family having difficulty meeting tuition payments must speak to the school office personnel and Principal. Registration All students must pay a non-refundable fee of $500 at registration (per student). This fee is discounted to $250 (per student) for returning students who re-register by February 18, 2022. Financial Aid Every family at St Theresa of the Child Jesus School is expected to contribute to the cost of education, thus supporting our school community to the extent family circumstances permit. Financial aid is awarded in the form of grants which do not need to be paid back. Grants received from the Catholic Schools Foundation are renewable each year, provided the family demonstrates financial need each year. In order to assess what a family can afford for educational costs, we use the FACTS Grant & Aid system as an objective and independent third party. FACTS Grant & Aid calculations are the baseline for our financial aid determinations. We allocate aid based on calculated need: income minus expenses, as well as other information the family may provide in support of the aid application. We also take into consideration the school’s policies and the resources available for both re-enrolling and new students. We also work with families that have multiple children enrolled in the school to support their commitment to Catholic education. Pre-Kindergarten tuition is not eligible for financial aid and represents the same flat rate whether the child attends full-time or part-time. Families that receive financial aid are not eligible for the 5% tuition discount. Click here to register for your FACTS account: https://online.factsmgt.com/aid. The FACTS Grant & Aid application process can take up to one hour and there is a $35 application fee. You will be asked questions about your income and expenses for the year. The parents of each applicant must reapply annually for financial aid. If you apply and qualify for financial aid, you will be notified of the award amount before the first tuition payment in July. Tuition payment plans will be adjusted in July. In order to be considered for financial aid, the following forms must be supplied to the school office before April 1: St. Theresa of the Child Jesus School Registration / Application Registration fee FACTS Grant and Aid Request for Financial Aid Application Your most recent personal (and business) Federal Income Tax Return(s) (including all schedules) 2020 W-2 and/or 1099 forms Tuition Refund Policy The tuition refund policy is as follows: 1. If a student with FACTS tuition monthly payments withdraws between June 21st and September 1, the July and August tuition payments will be deducted from the responsible party's bank account. 2. If a student with FACTs tuition non-monthly payment plans withdraws between June 21st and September 1, 75% of the July payment will be deducted from the responsible party's bank account. 3. If a student withdraws after September 1, any tuition paid will not be refunded, including the payment due the month of withdrawal.