TUITION AND FEES
The Principal in consultation with the Pastor, sets the tuition and fee schedule each year, based on the school budget needs and income range of families served. The school year is from September to June. Therefore, for your convenience, tuition may be paid in 10 monthly installments.
It is strongly requested that parents personally submit Tuition payments made in good checks or money order in to the office to prevent your tuition payment from any loss.
Tuition payments are due on or before the 10th of each month, for 10 months. September tuition MUST be paid in August. A monthly academic assessment on the 11th or the 12th of every month is provided. An official slip signed by the Principal’s Office Staff will be acquired by each student to be allowed to take the monthly exams. No Official Exam permit will mean no tests. Thus, parents are encouraged to be ON TIME with their children’s TUITION payments. All financial obligations must be completed by MAY 31st.
The child / children of parents who are late in their payments will be suspended until payments are made.
If checks are returned for Non-Sufficient Funds, a penalty fee of $30.00 will be charged for every bounced check. After May 15, all outstanding bills must be paid on cash or through MONEY ORDER. Families within the Parish must support the Church on regular basis. On the contrary, they will pay TUITION as outside of the Parish.
TUITION COLLECTION, PAYMENT PLANS, AUTOMATIC DEDUCTIONS
The parents can settle their financial obligations through various ways:
a. SMART Tuition - For parent’s account automatic deductions with a one-time enrollment fee
b. School Cashier’s Acceptance of Money Order or Check Payments
IN-PARISH OR CONTRIBUTING FAMILIES/OUT-OF-PARISH or NON-CONTRIBUTING FAMILIES
The parents always have the option to support the Church by being a Contributing/In-Parish Family or pay the FULL amount of the monthly Tuition Fee (Non-Contributing/Out-Parish).
When a family chooses to be IN-PARISH / CONTRIBUTING FAMILIES at the beginning of the school year, the parents opt for the low rate-TUITION FEE and with the agreement that CHURCH DUES are paid on time. The In-Parish families get a good amount of money saved at the end of each month / end of the school year. This is a family’s choice of supporting Our Lady of Loretto Church through the designated Sunday envelopes. Please see the Cost of Education per child at OLL on an updated monthly or annual table-presentation from the Prinsipals’s office.
For further clarification about In-Parish Families’ Obligation: If your status is CONTRIBUTING FAMILY to OLL Church, you pay a minimum $5.00 contribution every Sunday through a Church envelope. Envelopes with weekly dates are correspondingly designated for the Church fees. As a Member of OLL Church, your financial support is primarily recognized as well as the faith benefit that goes along with the spiritual experience.
Out-Parish or Non-Contributing to Church: The school recognizes your right to be a non-contributing family to OLL Church and your option to pay the higher Tuition Fee rate.
For the Graduating students, in order to receive a diploma from Our Lady of Loretto School, all financial obligations (Tuition payments, including June tuition, graduation fees, PTO fees, School Activity Fee and Church contributions) are to be completed by May 15th.
Sometimes late Tuition Payments cause the inability of OLL to meet certain financial obligations. The school charges for any late Tuition payments. The 10th of every month is the due date for all Tuition Payments UNLESS the 10th falls on a weekend.
SCHOOL ACTIVITY FEE & HOW IT IS USED
There is an activity fee per child, which can be paid all at once at the time of registration or re-registration. This can be made in three payments during the current school year.