Sacred Heart Cathedral School 2016-2017 Payment Plans & Fee Information In an effort to assist our families in budgeting their payments to SHCS, we are offering several payment schedule options. Option 1 Full Payment due by July 20th. You choose to pay the total tuition, book and other fees up front before July 20th. You may make payment by check, by electronic bank draft or by credit card. Checks made payable to SHCS are due by July 20th. Payments by electronic bank draft or by credit card are made through FACTS Tuition Management. You may choose a payment date of either July 5th or July 20th. There is no FACTS processing fee for the single payment option. FACTS agreement must be set up by May 20, 2016. A $100.00 late fee will be charged if you choose this payment option and full payment is not received by July 20th. Option 2 Semi-Annual (July/Dec) payment through FACTS. You choose to pay the total tuition, book and other fees over 2 payments in July and December through FACTS Management Company. Payments may be made by electronic bank draft or by credit card on the 5th or 20th of each month. There is a $10 FACTS processing fee for this option. FACTS agreement must be set up by May 20, 2016. Option 3 Quarterly payment (July/Oct/Jan/April) through FACTS. You choose to pay the total tuition, book and other fees over 4 payments in July, October, January and April through FACTS Management Company. Payments may be made by electronic bank draft or by credit card on the 5th or 20th of each month. There is a $43 FACTS processing fee for this option. FACTS agreement must be set up by May 20, 2016. Option 4 Monthly Payments over 10 months, July - April through FACTS. You choose to pay the total tuition, book and other fees over 10 payments, July through April, through FACTS Management Company. Payments may be made by electronic bank draft or by credit card on the 5th or 20th of each month. There is a $43 FACTS processing fee for this option. FACTS agreement must be set up by May 20, 2016. OTHER FEES These fees are be billed to each family *Miscellaneous Fee (per student) $ 47.00 Diocesan Assessment $37.00 Student Insurance $10.00 *Book Fee (per student) Kindergarten Grades 1-8 $130.00 $200.00 *Technology Fee (per student) *Home & School Fee (per family) $ 20.00 $150.00 Over please A retainer fee of $275.00 per family is required when the registration packet is returned, $250 of which will be applied to the above fees. The remainder is an administrative processing fee. The retainer fee is non-refundable unless SHCS, for any reason, is unable to accept a student or if a family relocates out of town. CLUB EAGLE AFTER SCHOOL CARE CHARGES The school will bill Club Eagle after school care charges each month. If you sign up for Club Eagle Plan A, Plan B, or Plan C, the monthly charge will be included in the calculation of your monthly/quarterly/semi-annual electronic bank draft amount. You may elect to instead make payment of these charges directly to the school each month. Payment of Club Eagle drop-in charges should be made directly to the school each month. OVERNIGHT CLASS TRIP CHARGES If you choose the monthly, quarterly or semi-annual payment option, the total charge for the overnight class trips in Grade 3, Grade 5, Grade 7, and Grade 8 will be included in the calculation of your electronic bank draft amount. The cost of each overnight class trip for 2016-2017 will be finalized in the spring. If you choose the full payment option, the Grade 8 trip $150 non-refundable deposit will be included in your payment calculation. GRADUATION FEES The graduation fees - $45 Graduation Dance & Video, $15 Graduation Photo Package, and $30 Graduation Gown Rental – will be charged for each Grade 8 student and will be included in the calculation of payment amount. CALCULATING YOUR PAYMENT AMOUNTS Single Payment Option Tuition Appropriate Tuition Rate from Tuition Matrix plus Kindergarten Book Fee $130 x no. of Kindergarten students plus Grade 1-8 Book Fee $200 x no. of Gr.1 – Gr.8 students plus Miscellaneous Fee $47 x no. of students plus Technology Fee $150 x no. of students plus Home & School Fee $20 per family plus G8 trip deposit $150 per Gr. 8 student plus Graduation Fees $90 per Gr.8 student minus Retainer Fee $250 per family Total amount due for 2016-2017: Single payment due by July 20, 2016 Multiple Payments Option Tuition Appropriate Tuition Rate from Tuition Matrix plus Kindergarten Book Fee $130 x no. of Kindergarten students plus Grade 1-8 Book Fee $200 x no. of Gr.1 – Gr.8 students plus Miscellaneous Fee $47 x no. of students plus Technology Fee $150 x no. of students plus Home & School Fee $20 per family plus Graduation Fees $90 per Gr.8 student plus Club Eagle Plan A, Plan B or Plan C charge plus Grade 3, Grade 5, Grade 7 or Grade 8 overnight class trip total charge minus Retainer Fee $250 per family Total amount due for 2016-2017 school year Divide total amount by number of payments