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TUITION FOR 2018 - 2019

Tuition payments are an investment in your child's education and religious formation. It is the major source of income for Nazareth Academy Grade School. The following tuition payment policy is in effect:
 
$6,500.00 first/second child in family 
$6,000.00 third/fourth child in family

In addition, $145.00 security fee for each family. Other book bill and fees may apply.
 
TUITION PAYMENT POLICY 
All families are contracted to make tuition payments according to one of the following payment plans. (Each family's preferred manner of payment must be submitted each year at the time of registration. Options for payment are the following:
  1. Full payment of tuition by JUNE 30, 2019. This payment should be made directly to the school.  N.B. - Failure to meet this deadline will result in a 2.5% penalty fee.
  2. Two automatic payments: MAY 2018 and JANUARY 2019, through the *FACTS payment plan.
  3. Ten automatic monthly payments through the *FACTS payment plan starting in May of the current school year.
  4. Four quarterly payments through the *FACTS payment plan (May, September, November and February) 

*For options 2, 3, and 4, FACTS will charge a $45 Enrollment Fee. The payments will be deducted by FACTS from your checking/savings account or charged to your credit card account on the 5th or the 20th of the month.

 

SECURITY FEE PAYMENT OPTIONS ($145.00 per family) 

  1. Full payment together with tuition by JUNE 30, 2019.
  2. Two semester payments of $72.50 through FACTS.
  3. Quarterly payments of $36.25 through FACTS.
  4. Monthly payment of $14.50 through FACTS. 
LATE REGISTRATIONS
  1. Families registering after JULY 1 shall be expected to fulfill their tuition obligation according to the tuition policy stated above.
  2. Tuition for students registering after school has been in session shall be pro-rated over the number of school days they will be in attendance. 

NON-ADMISSION OF STUDENTS DUE TO NON-PAYMENT OF TUITION

FAMILIES FAILING TO PAY TUITION ACCORDING TO THE AGREEMENT WHICH THEY HAVE MADE WITH THE SCHOOL WILL BE INFORMED THAT THEIR CHILD(REN) WILL NOT BE RE-ADMITTED. RECORDS WILL NOT BE RELEASED UNTIL PAYMENT IS MADE IN FULL. 

TUITION PAYMENT IN DEFAULT 

If a payment is not made, for whatever reason, the following process will be followed:

1. Parent/guardian will be notified in writing of the payment not being received.

2. Parent/guardian will be given TWENTY (20) calendar days to bring the account up to date. 

3. IF THE ACCOUNT IS NOT BROUGHT UP TO CURRENT STATUS (UP TO DATE) THE STUDENT'S ENROLLMENT WILL CEASE AFTER THE 20TH DAY AND THE CHILD WILL NOT BE PERMITTED TO ATTEND CLASS UNTIL ALL IS BROUGHT UP TO DATE. NEITHER SCHOOLWORK OR RECORDS WILL BE GIVEN FOR MAKE-UP OR TRANSFER. 

DELINQUENT TUTION 

ALL UNPAID TUITION MUST BE PAID BY JUNE 30, 2019 IF A STUDENT IS TO BE RE-ADMITTED ON THE FIRST DAY OF CLASS FOR A NEW SCHOOL YEAR. PAYMENTS ARE TO BE MADE DIRECTLY TO THE SCHOOL.  

CLOSING EXERCISES

Participation in closing exercises is a privilege, not a right. The school has the right to deny any student from participating in the closing exercises of Grade 1 through Grade 8 if all financial obligations have not been met, or in the view of the school, the student's conduct, academic or disciplinary record indicate that the privilege should not be extended. (i.e. Graduation, Field Day, Assemblies, Award Ceremonies). 

TUITION REFUNDS 

THERE ARE NO TUITION REFUNDS.*

*If a crisis in the family occurs, the school is open to discussion.  

 

 


For information regarding the tuition policy
or tuition payments,
please contact:
 
Sister Yvette Ortiz, CSFN
Phone: 215-637-7777, ext. 205

 
 

529 PLANS CAN NOW BE USED FOR PRIVATE ELEMENTARY SCHOOL & HIGH SCHOOL TUITION! 

What is a 529 Plan?
529 plans help families save for education. The name "529" refers to Section 529 of the IRS tax code, which gives these plans special tax breaks to encourage saving.
There's no doubt your children or grandchildren will benefit from education. Studies show that a college degree is worth nearly a million dollars in lifetime earnings. Saving for education is an investment in their future.

The Pennsylvania 529 College Savings Program offers TWO savings plans. The PA 529 Guaranteed Savings Plan (GSP) is a lower-risk plan that helps your savings keep pace with rising higher education tuition. The PA 529 Investment Plan (IP) lets you choose from 16 investment options from The Vanguard Group. 


FOR MORE INFORMATION, GO TO:
https://www.pa529.com/learn/

A 529 Plan is easy to set up and easy to use. You can use a 529 plan to pay for qualified higher education expenses at most colleges and universities, and many technical and career schools. You may also use the money to pay for TUITION EXPENSES UP TO $10,000 at elementary or secondary public, private, or religious schools. There are no income limits, and anyone can contribute. Grandparents, aunts, uncles and family friends can all help your student pay for education.


 
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