Saint Michael Academy

2007-2008 Financial Agreement

Family Name: ___________________________________________________________ Date: _________________________

Religion: _____ Catholic Parish Name: _____________________________________________ Envelope No.: ___________

_____ Other Faith Tradition

REGISTRATION/TUITION FEES: $350.00 for the first child; $300.00 for each additional child.

2007-2008 TUITION FOR REGISTERED & ACTIVE CATHOLIC FAMILIES: $3,650.00 PER CHILD

2007-2008 TUITION FOR FAMILIES OF OTHER FAITH TRADITIONS AND NON-PARTICIPATING CATHOLICS: $4,650.00 PER CHILD

PRE-KINDERGARTEN

2007-2008 PRE-KINDERGARTEN TUITION FOR ALL FAMILIES: $2,800.00

ADDITIONAL FEES

Curriculum Fee - $350.00 – one child; $650.00 for two or more additional children

School Fundraising Fee - $250.00 Breakdown: School ($175.00) PTA ($75.00)

The curriculum and fundraising fees are not due until August 15 or they may be included in the FACTS 10 month payment plan.

CHILDREN ATTENDING ST. MICHAEL’S ACADEMY:

Name: ____________________________________ Grade: ______ Name: ___________________________________ Grade: ______

Options For Payment: PLEASE CIRCLE ONE

#1 – Payment in Full: August 21, 2007

#2 – Semi-Annual Tuition: Payments are due August 21, 2007 and January 20, 2008

#3 - FACTS Monthly Payment Plan: Payments budgeted over 10 months with automatic withdrawal from your checking or savings account, beginning in July 2007. Payments can be made on either the 5^th or 20^th (circle one) of the month. * FACTS fee of $41.00 per year

#4 – Monthly Credit Card Payments: Ten monthly payments on the 5^th OR 20^th (circle one) of every month beginning in July 2007 via credit card (VISA, MC OR American Express) *There is a 4% administrative fee for any amount paid by credit card.

PLEASE READ AND INITIAL

All parents of St. Michael’s Academy students must have active participation in school events.

All parents are required to support the Parent/Teacher Association (PTA) sponsored activities with full participation, and are expected to fulfill mandatory service hours through volunteer time.

Please initial the following to indicate your intentions to comply with these requirements:

I/WE agree to attend Mass regularly utilizing the envelope system so as to provide my parish with a

Mass attendance record for my family if I am Catholic. Initial __________

I/WE agree to foster the faith at home with my/our child(ren) in whatever ways possible. Initial __________

I/WE agree to support fundraising. Initial __________

I/WE agree to give a minimum of 24 hours of volunteer time through school-sponsored activities. Initial __________

I/WE agree to attend Parent/Teacher Association meetings on a regular basis. Initial __________

I/WE agree to meet this Financial Agreement at the amount specified above, and payments will be made

as encircled above. Initial __________

I/WE agree to pay the assessed FACTS fee of $41.00 per year if we participate in the FACTS tuition

payment plan OR a 4% administrative fee for any amount paid by credit card. Initial __________

I/WE agree to pay a $50.00 late fee for any funds not paid by the due date. Initial __________

I/WE agree to pay a $30.00 fee on any returned checks. After two occurrences, the school will only accept

payments of cash, money orders or certified checks. Initial __________

Parent’s Signature: _____________________________________________________ Date: ______________________________

2007 – 2008 Financial Agreement