Tuition, Fees, & Tuition Assistance

Dear Brothers and Sisters,

Thank you very much for trusting us to educate your children at Our Lady of the Assumption School, a parish ministry to our families and children. We welcome you all and hope that we will be of great help to you. I look forward to growing in faith and friendship with each of you. I will continue to listen to you and the school staff so that we may be continuously reviewing our policies to keep them relevant.

God Bless you.

Fr. Eduino T. Silveira, Pastor

FINANCIAL GUIDELINES

Adopted by the school’s Catholic School Advisory Commission, they clarify what is expected of parents so that Our Lady of the Assumption School maintains a strong financial base. While the school has a mission of service to our parents and their children, it also must be able to meet its financial obligations in a timely and responsible manner.

General Policy

• Every family must assume financial responsibility for their child/children’s education.
• Tuition for the current school year is based upon the actual cost to educate a student during the prior school year. Tuition is established for the concurrently enrolled first, second, and third child. A fourth child concurrently enrolled pays no tuition.
• Standard tuition rates apply to all families. However, since the parish at large supports the school financially, families meeting the parish requirements may receive the discounted tuition rate.
• Continued enrollment is dependent upon the timely payment of all fees and tuition and the support of fundraising efforts.
• Absences and vacations do not relieve us of financial responsibilities. State law requires student/teacher ratios be based on enrollment. Teachers must be here and paid whether or not children are present. Therefore, deductions cannot be made for absences, illness or for school closures, including state and school holidays (e.g., Christmas break, tuition for December will be the standard monthly rate).
• A 30-day written notice is required for withdrawal from the program. There will be no refund for tuitions paid.

REGISTRATION FEE

• $375 per child (K-8); Preschool & TK (5 days) $325. This fee will be charged in May, after the time of registration. It is not refundable.
• TECHNOLOGY FEE : $65.00 per child grades K thru 8th grade.
• FACTS Fees : This fee will be added to the registration fee. $22 for new students and $11 for returning students.

TUITION RATE STATUS

Families not meeting these criteria will pay the standard rate of tuition.

Preschool – Eighth Tuition 2024-2025

We have completed our school budget for the 2024-2025 school year, and the budget has been approved by the Parish Finance Council and the Diocese of Sacramento. Below are the tuition rates for the 2024-2025 school year.

Please remember that per our Parent/Student Handbook, the discounted rate of tuition is available for families who meet the following criteria:

• Must be registered Catholic members of Our Lady of the Assumption PARISH.
• Must attend weekend Mass regularly and be active in parish community life.
• Must contribute at least $500.00 annually ($10 a week) to the parish using WeShare or the parish envelopes designation family name and parishioner number on a monthly or weekly basis.
• This status will be assessed regularly by the school and the parish staff.

Preschool and Transitional Kindergarten

Non-Discrimination Policy: The schools in the Diocese of Sacramento, mindful of their primary mission to be witnesses to the love of Christ for all, admits students of any race, color, and national and/or ethnic origin to all the rights, privileges, programs and the activities generally accorded to made available to students at our schools. The Diocese of Sacramento does not discriminate on the basis of race, color, or national and/or ethnic origin, age, gender, or disability in the administration of education policies, scholarships and loan programs, and athletic, and other school-administered programs.

Tuition Delinquency

• It is the family’s responsibility to contact the school to make payment arrangements for all delinquent tuition and/or late fees.
• Tuition delinquent one month requires a meeting with the bookkeeper.
• Tuition delinquent two months requires a meeting with the principal.
• Tuition delinquent beyond two months without payment arrangements will result in removal from the school.
• If tuition is delinquent in a split household family, both parties will be notified once the delinquency reaches two months.
• All tuition payments of graduating families must be paid by the end of April for the graduate to receive a diploma and a report card and to participate in the graduation ceremony.
• Any monies owed after June 20th, without prior payment arrangements, will be submitted to the collection agency and additional late fees will be assessed.

Tuition Aid

Only parishioners who qualify and have been enrolled for at least one year are eligible to apply for partial tuition aid. The tuition aid process begins by making an appointment to meet with the principal after completing a tuition aid application online at https://online.factsmgt.com/grant-aid/inst/4BC5K/landing-page The application fee is $32. Aid applies only to tuition; it does not apply to registration fees. Application deadline is April 30.

Requirements are as follows:

• You must be a registered parishioner to be eligible to receive tuition assistance.
• Aid applies only to tuition and does not apply to fees.
• Families who receive tuition assistance are required to pay tuition on time. If a family is delinquent, they will become responsible for the full amount.
• Complete and submit the online Tuition Aid Application at https://online.factsmgt.com/grant-aid/inst/4BC5K/landing-page.
• Contact the Principal at love@olaparish.net to let him know you have completed the Tuition Aid Application.

Fees

• Existing families registration forms must be completed prior to the deadline. The registration fee for existing families will be made through their existing FACTS account.
• Registration forms and fees received past the submission deadline will incur a $100.00 late fee per child.
• The Parochial Athletic League (PAL) fee must be paid for participation on a team sport.
• Other fees, such as field trip fees are assessed to students participating in those activities.
• All of the above fees are NON-REFUNDABLE.
• All returned checks will incur a $25 returned check fee.

• The Extension Registration Fee of $50.00 is collected is collected the month after the child registers through FACTS. This is in order to use the before and after school K-8 Extension program.
• The Extension Program’s hourly and daily fee charges are assessed based on the previous month’s usage for each student using the program. These charges will be billed as incidentals via FACTS Management and payment for the services rendered must be paid via FACTS. Therefore enrollment in FACTS Management is required to use the Extension Program. For further information click here.
• Families who pay their tuition annually or semi-annually using Extension and Preschool Extended Care must enroll in FACTS. A FACTS Management fee will apply for this incidental billing and payment option. Click here for 2022-2023 Extension Rates.

Fundraising Programs

• Fundraising programs form an integral part of the school budget and are designed to manage tuition rates. Every family is expected to support these programs with their time, talent, and/or financial contributions.
• Major fundraising efforts include the annual Auction and Raffle, Scrip, the Cougar Classic Golf Tournament and the Country Fair. Every family is expected to participate in these fundraisers.

Endowment Fund

• Our Lady of the Assumption Parish has established an Endowment Fund as an additional source of income for our school. Monies in the fund are invested by the Christian Brothers Investment Services in order to receive the highest rate of interest. Interest from this fund is part of our projected budget each year. Since interest from the Endowment Fund is a source of income to keep the tuition rates as low as possible, school families will be expected to support annual efforts to increase the principal of this fund.

FAMILY SERVICE - "CONTRACT FOR OUR CHILDREN"

All families are required to contribute service hours and support our major fundraising efforts as described in the Parent/Student Handbook. All families must sign the "Contract for Our Children" and return it. The additional tuition is $1,000 per year for non-participating families or $30 per hour. This and all fees are at the discretion of the Principal.

ENTRY LEVEL

The entry level for Our Lady of the Assumption School is preschool. Students enrolled in preschool are given priority for enrollment in kindergarten and subsequent grades. Students who are not enrolled in preschool cannot be assured of a place in kindergarten.

Statement of Non-Discrimination

Consistent with its Catholic mission, Our Lady of the Assumption School admits students of any race, color, nationality, religion, ethnic origin or disability, and does not discriminate in its programs or activities. In the event Our Lady of the Assumption School cannot address an accommodation for students with special academic or physical needs, school personnel will assist the family in finding an appropriate learning environment to address those needs.

You may find additional information on the Financial Guidelines by contacting the school bookkeeper for the most current financial information.