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Nazareth Academy

Grade School

Tuition

2024 - 2025 TUITION


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:
 
$7,125.00 first/second child in family
$6,625.00 third/fourth child in family

In addition, $150.00 security fee for each family. Other book bill and fees may apply.
A non-refundable Registration Fee is due: $250.00 for 1st child; $250.00 for 2nd child and $150.00 for 3rd child; $150.00 for 4th child.
 
 
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 in mid-March). Options for payment are the following:
  1. Full payment of tuition by JUNE 30, 2024. This payment should be made directly to the school.  N.B. - Failure to meet this deadline will result in a 2.5% penalty fee that will be added to your account each month you are late.
  2. Two automatic payments: MAY 2024 and JANUARY 2025, 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 starting in May of the current school year

*For options 2, 3, and 4, FACTS will charge a one-time $50 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 (your selection). Should you need adjustment to these dates, please contact Sister Yvette at the time of registration.






SECURITY FEE PAYMENT OPTIONS ($150.00 per family) 

  1. Full payment together with tuition by JUNE 30, 2024.
  2. Two semester payments of $75.00 through FACTS.
  3. Quarterly payments of $37.50 through FACTS.
  4. Monthly payment of $15.00 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 TUITION DELINQUENCY

FAMILIES FAILING TO PAY TUITION ACCORDING TO THE AGREEMENT WHICH THEY HAVE MADE WITH THE SCHOOL or WHO HAVE BEEN UNWILLING TO MAKE SUITABLE ALTERNATIVE ARRANGEMENTS 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. 

DELINQUENT TUITION FOR PREVIOUS YEAR(S)
All unpaid tuition must be paid by the last day of school in order for a student to be re-admitted on the first day of class for a new school year. Payments are to be made directly to the school. If payment is not possible, suitable arrangements must be made with the Principal or Finance Manager.

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 one through grade eight if all financial obligations have not been met, or in 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 

A great deal of work goes into preparing your child's enrollment at Nazareth. Books are ordered, the child's history is incorporated, records are made ready, and the teachers prepare to teach your child. In light of this, any child withdrawing AFTER AUGUST 1st will not be refunded any money that has been collected. If there is a withdrawal during the school year, again, there are no refunds. If tuition is in arrears, then records, report cards, evaluations, books, etc. will be withheld until payment is made. 


 


 



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.

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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All Rights Reserved.

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