FINANCIAL
POLICY
Tuition
is due by the 1st of each month. A $10.00 late fee is
added to tuition paid after the 15th. Tuition that is
in arrears more than 30 days from the due date will
cause the family to receive a notice to withdraw their
child(ren) from the school until all arrears have been
paid. All accounts must be paid in full before the final
day of school. Checks returned for insufficient funds
will be billed an additional $20.00. After one check
of this nature, the school may require future payment
in cash. If there is sufficient reason for a late payment
and the principal has been contacted, an extension of
time may be granted and the above policy waived.
Tuition Policy for Partial-Month Enrollment
Families
of students enrolling in Holy Name School during the
course of a school year shall be charged tuition for
their first month of enrollment according to the total
number of days enrolled in their first month as shown
on the scale below:
1. Calendar day 1-10 = full tuition
2. Calendar day 11-20 = 2/3 of monthly tuition
3. Calendar day 21-31 = 1/3 of monthly tuition
Families of students with up-to-date
payments accounts and withdrawing from Holy Name School
during the course of a school year shall be responsible
for payment of tuition for partial enrollment during
their final month of enrollment as shown on the scale
below:
1. Calendar day 1-10 = 1/3 of monthly tuition
2. Calendar day 11-20 = 2/3 of monthly tuition
3. Calendar day 21-31 = full tuition
The financial policies of Holy Name
School are based on a need to remain financially solvent.
Families that can pay full tuition are expected to do
so. Families unable to pay full tuition are expected
to consider carefully and prayerfully, their budget,
giving high priority to tuition. Financial aid may be
applied for if tuition cannot be met. Limited financial
aid is available at Holy Name School. Those requesting
financial aid must:
1. Obtain a financial aid form from the school office.
2. Complete the financial aid materials and return them
to the office, along with a copy of the previous year’s
tax form by the stated date.
3. Each family must submit a new financial aid request
for each school year.
The pastor and principal will award
scholarships based on prayerful consideration and need.
Tuition commitment and methods of payment
will be discussed during registration. All financial
information will be kept confidential. Discussions involving
the financial position, financial need or financial
aid to individual families, other than between the pastor
and principal to determine financial aid eligibility,
will be limited to executive sessions of the school
board meeting and then allowed only if specific concern
demands it.
