Tuition, Fees and Financial Aid

TUITION, FEES AND EXPENSES

Tuition for the 2012-2013 school year is $19,240, plus an annual $725 Lunch Fee. All Seventh and Eighth Grade students are furnished a snack in the afternoon, for which they are charged $120. Campus Store and Sports Store purchases, as well as any costs related to specific student programs (retreats, Advanced Placement test fees, etc.) are billed to individual students as applicable according to the schedule below.

 

August Tuition: $6,414

        ($750 was paid in March as enrollment deposit.)
        Lunch Fee: $725
        Campus Store/Sport Store Purchases: As Applicable
        Mothers' Club/Fathers' Club: As Applicable

November Tuition: $6,413

        Snack Fee (Form I and Form II students): $120
        Campus Store/Sport Store Purchases: As Applicable
        Retreats/College Test Fees: As Applicable

February Tuition: $6,413

        Yearbook: $65
        Cmapus Store/Sport Store Purchases: As Applicable
        Student Programs: As Applicable

Enrollment Deposit: Each year, in February, parents are asked to sign an enrollment agreement and pay a $750 deposit to indicate that your son intends to continue his education at Priory. The deposit is applied against the August billing.

Textbook Purchases: Textbooks are purchased through our virtual bookstore and delivered to the student’s home.

Accident Insurance: Accident Insurance is provided to students during the school day when engaged in school sponsored activities. This insurance is secondary to parent’s health insurance. Twenty-four hour coverage is available at additional cost to parents.

Payment & Withdrawal Policy: Payment is due 30 days from statement date. Parents who desire to pay on a monthly basis must use the F.A.C.T.S. Tuition Payment Plan. No refund of tuition or fees will be made if a student is withdrawn or dismissed during the academic year.

Annual Giving: As with most independent schools, the cost of operating the School each year is not fully covered by tuition alone. In 2011-12, the “gap” between tuition and the cost of a Priory education was approximately $3,100. Each year parents are asked to voluntarily contribute to the Annual Fund.


FINANCIAL AID

Saint Louis Priory School welcomes requests for tuition assistance. Though the cost of a Priory education is quite reasonable relative to other area independent schools with comparable programs and facilities, we recognize there are families who could not afford to send their sons to Priory without some form of tuition assistance.

For the 2012-13 school year, over $1.4 million is being distributed to our student body, over one-fourth of which receives some measure of assistance.

Whenever possible, Priory tries to meet the demonstrated need of admitted students applying for aid, however, we often have more requests than available funding.

In order to ensure a fair apportionment of funds, the School requires that the parents of all financial aid recipients annually complete a FACTS Grant & Aid Application and submit their IRS 1040 form with all schedules and W-2s.

We make both Regular and Early Decision admission decisions without regard to requests for tuition assistance and make every effort to meet the needs of the applicant families.

Aid is in the form of a grant, which does not require repayment. Because of the academic expectations of the School, we do not have a work-study program. Boys of the Catholic faith normally receive preference in tuition assistance allotments.

Though grants are ocasionally made for the entire tuition, most grants are for a portion of the tuition cost.  Fees for lunch, snack, textbooks and athletic equipment are the responsibility of the student and his parents.


Timeline for Financial Aid Applicants
          
January 18, 2013: Deadline to file the Grant & Aid Application and to send a copy of IRS 1040 form with all schedules and W-2s to FACTS.            
March 14, 2013: Acceptance letters are mailed, including financial aid award notifications.            
April 5, 2013: Reply date for accepting the School’s offer of enrollment and offer of tuition assistance.

Please Note: There are times when requests for aid exceed the financial aid budget. When this occurs, students who qualify for aid, but for whom aid is not available, may receive an offer of admission as a full fee paying student. This offer may be conditional on available space in the class.

For More Information: Please contact Mrs. Dawn Szatkowski, Director of Finance at 314-434-3690 ext. 316