Finance
Tuition & Fees
Ursuline Academy’s tuition for the 2023-2024 academic year has been set for $17,600 with a standard fee of $375 and a technology fee of $200. Ursuline Academy students have a choice to bring their own laptop or use an Ursuline-provided laptop. Please see the 2023-2024 Technology Information Sheet for details. The laptop fee of $250 will be assessed to students choosing an Ursuline Academy-provided laptop. As part of our Worry-Free Meal Plan with Pedestal Foods, a fee of $950.00 (approximately $5.80 per day) is set for each student.
Tuition and fees only cover 80% of the entire cost to educate each student at Ursuline. The remainder is funded by the generosity of donors who donate annually to the Ursuline Fund. Tax-deductible annual gifts will be added to each family's tuition statement and divided evenly over the terms of the payment schedule. For the 23/24 academic year, the difference in cost vs. tuition is $4,250. Thank you for your continued support.
FACTS Management
Ursuline Academy partners with FACTS Management for the processing and collection of our families’ tuition and fees. This partnership allows for a confidential system where families can see for themselves a complete report of their tuition account. Details such as tuition billing, financial assistance, laptop fee, and elective fees are posted directly to family accounts. A secure login ID enables parents to view this information at any time of the day.
Families will receive an enrollment email directly from the FACTS system inviting them to register their account and set up their payment plan. This email will include the family's customer number and registration code.
Click here for the FACTS Management system.
Tuition Chart - Average Family Contribution
Family Income | Average Family Contribution |
---|---|
Under $50,000 | $1,000 - $5,000 |
$50,000 - $75,000 | $5,000 - $8,000 |
$75,000 -$100,000 | $8,000 - $11,000 |
$100,000 - $125,000 | $11,000 - $14,000 |
$125,000 + | $14,000 - Full Pay |
Learn More about Financial Aid at Ursuline Academy
Tuition Assistance
We here at Ursuline Academy understand that some families are struggling financially and might be looking for assistance. We are happy to announce that we have recently been granted permission from our Board of Trustees to widen the pool of funds we allocate for financial assistance.
This is in the hopes that more families will take into consideration an Ursuline Academy education for their daughter, easing the minds of those who might not have thought of us before, due to tuition.
When determining Financial need, we look at many factors, not just household income. The average Financial Aid package families receive is $4,000. Some families receive more, some receive less. We never want to see a student walk away that truly wants to be here because the tuition might be a stretch for her family. Our goal is to work closely with our families to see their daughter’s dream of being a Bear come to life!
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Beginning in October 2023 we will begin accepting financial aid applications for the 2023-2024 school year. Ursuline partners with FACTS Grant and Aid for processing the applications and to provide preliminary data relative to each family’s financial need.
Apply online here. If you have an existing account with FACTS, please enter your existing username and password. If you are new to FACTS, please select “Create Username and Password” to begin. You will need your 2022 financial information available for uploading.
Important Dates:
- October 2023 – FACTS online application period opens
- December 31, 2023 – Deadline for completing applications. Please note, late applicants will be considered if funds remain and may be placed on a waiting list
- January 17, 2024 – 2022 W-2 submission deadline to FACTS
- January 26, 2024 – Financial aid award notification mailed to new students with their letters of admission
- March 2024 – Financial aid award notification mailed to returning students, no later than mid-March
Beyond Sunday Fellows
- Learn more about the 2023-2024 Beyond Sunday Fellows program for high school students by reviewing the frequently asked questions and their website for more information. Click here to apply for a scholarship. The deadline for application is February 28, 2023.
External Scholarships
- External scholarship opportunities are available through many parishes and organizations. We encourage all students to inquire with churches and other organizations in which they are currently involved.
Missouri 529 MOST Accounts
Catholic school parents may benefit from recent changes to the federal tax code which allows parents to make contributions to a child’s Missouri 529 MOST account for K-12 tuition, in addition to expenses for higher education that are already permitted.
The Missouri 529 MOST account is an investment program sponsored by the Missouri State Treasurer’s office. Anyone can open a MOST account, including parents, grandparents, or friends of K-12 or college-aged students. Interest earnings on contributions to MOST accounts are not subject to state or federal taxes. Furthermore, qualified distributions from the account (those for higher education expenses, and now K-12 tuition) are also not taxed. Parents can withdraw up to $10,000 annually for private K-12 tuition per student as an eligible distribution from a MOST account.
Funds contributed to a MOST account are deducted from the parent’s taxable income. Reducing taxable income, in turn, will reduce the state tax bill parents pay.
Click these links for more information: