Finance

financeMrs. Lisa Vance
Director of Finance
(314)984-2819

lvance@ursulinestl.org

 


financeSr. Sue Ann Cole
Records Retention
(314)984-2832

sacole@ursulinestl.org

 


financeMs. Sally Goldstein
Finance Assistant
(314)984-2820

sgoldstein@ursulinestl.org

 


Finance Department

 

Tuition & Fees

Ursuline Academy’s tuition for the 2018-2019 academic year has been set for $14,850 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 Technology Information Sheet below for details. The laptop fee of $285 will be assessed to students choosing an Ursuline Academy-provided laptop.

Tuition covers a portion of the costs of teaching services to facilitate the physical, spiritual, and mental growth and development of students in a safe and wholesome environment. For the 2018-2019 school year, the difference between the actual cost of educating an Ursuline student and tuition is $2,750. This difference is made up with charitable gifts to the Ursuline Fund by parents, grandparents and friends as well as our annual fundraising events.

Ursuline Academy partners with Smart Tuition for the processing and collection of our families’ tuition and fees. This partnership with Smart Tuition 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, tuition GAP donations 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.

Smart Tuition website:  https://www.smarttuition.com/

Tuition Assistance

Smart Aid

  • Tuition assistance at Ursuline Academy is based on financial need. This assistance provides part, rather than all of the cost of tuition. Ursuline alumnae provide much of the funding for the program through the generosity of alumnae giving to the Ursuline Fund. Ursuline Academy utilizes an outside source (Smart Aid) for processing financial aid applications.
  • You can complete an online application for the 2018-2019 school year by applying directly on the Smart Aid site:  https://smartaidforparents.com/
  • Ursuline Academy’s school code is 13325. There is a $35 processing fee for each application. The financial aid application, the $35 processing fee, and a copy of your tax return must be submitted by April 1, 2018.  Click here for Smart Aid online instructions and frequently asked questions.
  • Families will be notified of award decisions by the first week of May.

Sallie Mae

  • The K-12 Family Education Loan sponsored by Sallie Mae is available to Ursuline families. Loans are available to pay tuition costs plus a percentage of other school costs. Click here to read more about the Sallie Mae loans.

Beyond Sunday Fellows

  • Learn more about the 2018-2019 Beyond Sunday Fellows program for high school students by reviewing the frequently asked questions and the income guidelines.  Click here to apply for a scholarship.  The deadline for application is March 1.

External Scholarships

  • External scholarship opportunities are available through many parishes and organizations.  During the current year, our students have received financial grants from the Archdiocesan Annual Catholic Appeal Essay Contest,  the Carpenter Family Children’s Foundation, Cure of Ars Parish, DeSmet Club of Knights of Columbus, the Holy Infant Church Athletic Association, the Knights of Columbus Crusader Council, Mary Queen of Peace Men’s Club, Mary Queen of Peace Women’s League, Our Lady Queen of Peace Home/School Association, St. Anthony of Padua Parish,  St. Clare of Assisi Parish, St. Justin Martyr Parish, St. Martin of Tours Parish and St. Monica Parish.

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: