Financial

Finances

IV. FINANCES

Registration Fee

New Student Registration

Each new student desiring to attend St. Albert the Great School will be required to pay a $100/student (non-refundable) registration fee by the registration deadline.

Kindergarten Registration

Parents wishing to enroll a child in St. Albert the Great School Kindergarten will be required to pay a $115 (non-refundable) registration fee. This includes a $100 registration fee and a $15 (non-refundable) kindergarten-screening fee.

Students Presently Enrolled Registration

The fee is $100 per family for returning parish and non-parish members and is non- refundable.

Registration will be limited to those parish families who are contributing members with a minimum donation of $350 per year (this averages $6.50 per week).

In order to register for the next school year, families must be current with tuition payments. If a family is not current, they will not be permitted to register for the next year.

Tuition

St. Albert the Great School is supported by both the collection of tuition and by the parish through generous parish Sunday contributions.

The tuition for the 2006-2007 school year is as follows

Preschool

3-yr old program for parishioners $120 a month non-parishioners $135 a month 4 year old program for parishioners $130 a month (parish members) non-parishioners $155 a month (non members)

Kindergarten and Young Fives

Parish members		$1,800.00
Non-Parish member Kindergarten		$2,300.00

Kindergarten is separate and is not included in the family discount.

Grades I through 8 - Parish Members Non Parish Members

1 Child	$2,300.00	1 Child	$3,500.00
2 Children	$4,200.00	2 Children	$7,000.00
3 Children	$6,000.00	3 Children	$10,500.00
4 Childrenl	$7,600.00	4 Children	$14,000.00

Tuition payment will be made through the rectory office. You will receive ten (10) monthly envelopes during June in which to make your payments. The first payment is due July 15. You also have the option in June of prepaying tuition.

There will be the following fees:

Returned check fee $10.00 Late charge $ 5.00

Unpaid accounts will be turned over to a collection agency.

Sister John Maureen Fund

This fund was begun in 1971 to honor the memory of the recently deceased Sister John Maureen McGraw, SC who served as principal of our parish school. No parish child is refused a Catholic education because of inability to pay tuition.

	This fund is primarily funded by our parish tithing program and private donations and is, therefore, only available to the children of parishioners.
		Families need to re-apply each year for this Fund – there is no automatic renewal.
		Families must be registered, active members of Saint Albert the Great Parish.
		All families MUST pay the registration fee (presently $100 per family).
		A Federal Income Tax return 1040 or 1040A form/s from all working adults in the home FOR the PRESENT TAX YEAR MUST accompany this application.
		Your child/ren must have attended Saint Albert the Great School for one (1) full year before you are eligible to apply.

For extenuating circumstances contact the Principal or Business Manager.

Textbooks

Some textbooks are furnished through the Ohio Auxiliary Services Program. A limited budget demands proper care of all school/state owned books. Payment will be requested if books and/or school property are damaged or lost.

Refund Policy

A refund of the registration fee will be made to those students who will be moving out of the area, if the church office is notified before June 30.

A refund of the registration fee will be made to new students who are not accepted into the program because of the screening for kindergarten and/or other grades.

No refund will be made to those who are not moving, but decide to send their child to another school. No refund will be made on the $15 screening fee for kindergarten.

Registration refunds, when applicable, will be issued from the church office. Registration fees will be applied to any current tuition obligation before the refund is issued.

Policy for payment or reimbursement of tuition for students entering or leaving St. Albert the Great School during the school year:

Students in attendance for less than one-half of the total number of class days in a quarter would pay one-half for the quarter.

Students in attendance for more than one-half of the total number of class days in a quarter would pay full tuition for the quarter.

If tuition has been paid in full, a refund check if applicable, will be issued from the church office.

Release of Records

All records for a student will be released upon the payment of all tuition and fees. The principal and church office must approve any change in this policy.