Finance

Tuition & Fees

Ursuline Academy’s tuition for the 2021-2022 academic year has been set for $16,600 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 2021-2022 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 $900.00 (approximately $5.50 per day) is set for each student.

The actual cost to educate an Ursuline student exceeds the amount each family is charged for tuition. The difference is referred to as the Tuition Gap and is met through Annual Fund contributions. The Tuition Gap is a tax deductible contribution and is included in your Smart Tuition billing statement, payments are divided evenly over the terms of the payment schedule. The Tuition Gap for 2021-2022 is $4,186. Thank you for all you do to support our school. 

Smart Tuition

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.



 

Tuition Assistance

Beginning in October 2021 we will begin accepting financial aid applications for the 2022-2023 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 2020 financial information available for uploading.

Important Dates:
  • October 2021 – FACTS online application period opens
  • December 31, 2021 – Deadline for completing applications.  Please note, late applicants will be considered if funds remain and may be placed on a waiting list
  • January 19, 2022 – 2021 W-2 submission deadline to FACTS
  • January 28, 2022 – Financial aid award notification mailed to new students with their letters of admission
  • February 2022 – Financial aid award notification mailed to returning students, no later than mid-February
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 2021-2022 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 26, 2021.
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:

Congratulations to our 2021 Soccer State Champions! Click here for more information.