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Tuition/Financial Aid

The Academy uses FACTS Tuition Management to collect tuition.  Families use this convenient online method to set up a payment plan.  There are several payment options available including one payment or multiple payments spread throughout the school year.  Tuition for the school year is due on July 1st.  

A non-refundable re-registration deposit of $600 is due on January 3, 2018 to hold a student’s place for the 2018-2019 school year, and is credited to that year’s tuition.  New families pay this deposit at the time of registration.  A student is eligible for re-enrollment once the re-registration deposit is received by the Academy. Upon re enrollment, the student’s parents/guardians assume the obligation to pay the total tuition for the full academic year, including any fees and expenses incurred during that time. Payments are due on the dates specifed above. In the event the student’s account is in arrears, either for the current or for any previous school year, the Academy reserves the right, without limitation, to pursue collection of unpaid tuition, including any attendant costs and fees, to withhold academic records, report cards, diplomas and transcripts, and to decline re-enrollment. 

Families may add an additional 6% of the base tuition to their tuition payment.  This tax-deductible voluntary contribution assists with Faculty/Staff medical benefits.

Ancillae-Assumpta Academy endeavors to maintain and affordable tuition and counts on the good will and generosity of our parents to give according to their means to our Annual Sustaining Fund.

 View the 2018-2019 General Expenses Brochure.

Limited financial aid is available to families who show a need for such assistance.  Applications for financial aid are submitted yearly and must be resubmitted each year that the need exists.  Current school families receive precedence in the distribution of monies available.

Financial aid is available through corporate donations e.g. the Educational Improvement Tax Credit Program (EITC) and the Opportunity Scholarship Tax Credit (OSTC), as well as the Academy’s own scholarship endowment.

To Apply:

Applications are available from School and Student Services (SSS) and BLOCS (Business Leaders Organized for Catholic Schools).  These applications must be completed between November 1st and March 31st  to qualify for financial aid in the next school year.  The completion of these applications, found online at School & Student Services and www.blocs.org, is required for families to be considered for financial assistance.   Our school code is 91092.  The data is evaluated in conjunction with the families’ latest tax return to determine eligibility for tuition assistance.  The National Association of Independent Schools (NAIS) using School and Student Services (SSS) and BLOCS, using Private School Aid Service, offer the Academy the expertise of an independent evaluation, providing the analysis of data and the determination of need.  Families residing in Philadelphia may also apply to Children’s Scholarship Fund www.csfphiladelphia.org.

The amount of assistance is contingent on the number of families applying, the amount of funds available and the demonstrated financial need of each family.  The Academy will credit the tuition bill for the following school year.

For any further information, please contact our Business Office at x 107.

 

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