FINANCIAL RESPONSIBILITY
FINANCIAL RESPONSIBILITY
The financial structure of the school is based on full payment of tuition on the part of every family. Students whose parents are delinquent in tuition will not be permitted to take exams, nor be permitted to reregister for the following school year, to graduate, to participate in extracurricular activities, or to hold offices within the class or the student body.
Tuition and Registration Fees
Tuition and fees are charged for the following types of activities:
No single rule applies to setting tuition and fees in locations or for events because of the wide disparity in communities served and the programs offered. However, achieving a balanced budget, with a reasonable surplus, is essential. To determine the actual cost of the event and to establish the appropriate tuition and fees, the following factors should be considered:
Wages and benefits
Maintaining physical plant (e.g., utilities, insurance)
Supplies and materials
Technology costs
Location and travel costs
Demographics of the sponsoring location or entity
Financial resources of the sponsoring location or entity
Other sources of revenues
Fund-raising ability
Comparison with other entities providing similar services
INSURANCE
All students are covered by the Archdiocesan Insurance Plan. Accidents should be reported promptly to the Principal's Office in order that the necessary form may be obtained from the in- surance company. At the request of the Archdiocese, all partici- pants in the football program are required to carry additional insurance, through the school. Information is available from the Athletic Director.
UNPAID FEES/DELINQUENT TUITION
Students who have not met their financial obligations will not be permitted to take exams. These obligations include fees, tuition, library fines, return of school materials loaned to them, and return of athletic equipment and uniforms loaned to them. At the end of the second semester, fees will include par- ticipation in the Parent Participation Program, payment of any damages for which they are responsible, including a check of student lockers. Students are not permitted to take exams un-
less all financial obligations have been met. Students who are not current by the day preceding exams are not to report to school for the first day of exams. Students whose parents meet financial responsibilities on the same day(s) as the exam will need to take that exam on the designated makeup day. Credit for all courses will be withheld until all financial obligations are met.
Any financial obligation for uncompleted parent service hours that have not been scheduled for bingo will be added to the students FACTS account as of June 1st. Any financial obliga- tion for uncompleted parent service hours for senior students will be added to their FACTS account on May 1st.
