*Fundraising Fee is explained below.
Please note: The School Board has approved a minor increase in the tuition schedule. A family with one student will see an increase of $25/month for the ten months of payments. A family of three students will see an increase of $35/month for the ten months. The largest change is in the way we address the registration fee.
As you will notice, we continue to have one of the lowest tuition rates in greater Rochester area. Each family has the option to choose their level of fundraising involvement. We expect the fundraising income would be effective in bridging the gap between income and expenditures.
(Ask about our 15% pastoral discount for ordained ministers currently serving in the ministry and our military discount for active military families.)
The tuition rates above are in addition to the non-refundable registration fee. The registration fee for this school year is $250 for the first child and $100 per child for any additional students, and is due at the time of registration.* If registration forms come in without the payment, they are not considered official.
If you are reregistering, you are eligible for the registration discount noted on the Re-registration form, and you must have your registration completed by Friday, February 17, 2012.
* All registrations completed after August 1, will be required to pay the registration fee and the first month's tuition. **********************************************************************************************************************
TUITION PAYMENT OPTIONS
This form lists the tuition payment options you may choose. We will only offer monthly payments through the FACTS Tuition Management Services Program. Please mark the choice you prefer, then sign and return this form. This tuition form must be used in conjunction with the Fund-raising Procedures listed on the reverse side.
For the 2012 - 2013 school year, we have chosen the following option:
[ ] #1. Payment in full by March 10th, 2012 with a 3% discount
[ ] #2. Payment in full by April 10th, 2012 with a 2% discount
[ ] #3. Payment in full by May 10th, 2012 with a 1% discount
NOTE: If you choose any option 1 - 3, the Fundraising portion of tuition is not discounted. Payment of the Fund-raising fee is also due at the time tuition is paid.
[ ] #4. Monthly payments (10 months, generally August through May) will be billed by FACTS Tuition Management Services. FACTS will bill each family monthly. A description of this program is included in our this packet.
NOTE: If you do not choose one of the options, the default option is #4.
To sign up for payments through the FACTS Tuition Management Services Program please click the E-Cashier link below:
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FUND-RAISING PROCEDURE FOR THE 2012 -- 2013 SCHOOL YEAR
Policy: Along with the fixed tuition families will also pay the reimbursable fund-raising fee of $1,100 per student and the discounted fees noted on page one for additional children. Monthly tuition payments for one student then would be 1/10th of $3,700, or $370. All of this additional $1,100 can be reimbursed to the family if they reach that level of fund-raising. The majority of our families were able to receive most of their fundraising fee back.
Everyone will pay the $1,100 throughout the year as part of the tuition. For families paying the tuition up front, the discount does not apply to this $1,100. Once the family reaches the net (not gross) fundraising amount of $1,100, their $1,100 will be offered back as a reimbursement, or it can be donated, as a whole or in part, back to the school. Any fund-raising done beyond the $1,100 will go entirely to the school. Credits or refunds will be done at the end of the school year.
Example: Candy bars will be credited at 30% for the family. If a family sells $1000 worth of
candy bars they will get $300 back. We do have families who sell that many!
Links-For-Learning (Golf) Fundraiser nets approximately 80%.
At the end of the year each family will receive a statement of how much they raised toward their target net profit, ($1,100 for one student, $1,700 for two students, etc.) and they will receive a form notifying them of the refund amount. They will be given three options:
1. Receive the refund in full.
2. Donate part or all of the refund to the school.
3. Apply part or all of the money to their unpaid tuition balance.
If, by the end of the school year a family has not raised the net profit of $1,100, the will have a credit for whatever portion they have raised. They will have paid the $1,100, so if they raise $400, the school will refund $400.
Using this option we are able to minimize any tuition increases, Tuition, a fixed coset does not give families any way of reducing their costs. This plan gives families the option to do the fund-raisers in order to recoup their money. As we avoid that increase by giving you the ability to earn that money back, we hope all will be able to afford to send their children. Your fundraising efforts will go directly to reducing your own tuition, not someone else's. Each family then has the incentive to gain personally from their efforts.
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