Tuition Collection, Payment Plans, Automatic Deductions
Holy Name of Mary School is a private Catholic school, which relies upon tuition collected from families with children in the school as a significant source of its revenue to operate. In order to operate in a financially sound manner, all parents/guardians are expected to pay their child's tuition as agreed. The amount owed is considered part of the financial contract each parent/guardian makes with the school and is identified in the parent/ guardian/school contract.
Tuition shall be paid by one of three (3) options allowed by the school:
- Option 1: Single Payment Plan – Full payment may be paid directly to Holy Name of Mary School by July 1, 2019.
- Option 2: Two-payment Plan – One-half of the total amount paid by July 1, 2019, and the remaining balance paid by December 1, 2019.
- Option 3: FACTS Monthly Payment Plan – Monthly tuition will be deducted from your bank account over a 12-month period beginning July 1, 2020, per the FACTS and HNM School agreement. Payments may be made either on the 5th or the 20th of the month.
Additional Information
- All families must be current on their tuition payments in order to start their children on the first day of school.
- If unforeseen financial difficulties occur, which make it difficult for a family to comply with their tuition payment agreement, you are asked to contact the principal at least 7 working days before payment is due. Payment plans can be adjusted to assist families in financial difficulties.
- A family who falls more than two (2) payments behind in their tuition will be asked to keep their students home until the situation is resolved.
- Families who fail to comply with the Tuition Payment Policy will not be invited to return to Holy Name of Mary School the following year.
- Tuition is based on a fiscal year beginning July 1. If a family withdraws a child from Holy Name of Mary School, the full month's tuition is still due for the current month no matter which day of the month the students leave the school.
