Tuition and Fees

Sending your daughter to St. Mary’s Academy is a significant investment for your family. At the heart of St. Mary’s Academy’s mission is the commitment to provide a Catholic, college preparatory education to young women of all economic backgrounds.

 

Tuition and fees paid by families constituent a portion of the actual per pupil expenses, which is $14,032. The difference between the per pupil cost and the tuition charged is obtained in many ways, primarily through generous donations from foundations, corporations, alumnae, and individuals, from multi-faceted development programs and fund-raising activities the information below reflects the tuition and fee schedule for the 2020-2021 school year.

 

Tuition and Fees 

Tuition and Standard Fees*: $9,640 per student

Sibling Discount: $350 per sibling

 

 

 

Additional Fees


$500- Non-refundable registration fee

$250- Senior graduation

$250- Senior retreat fee

$200-Annual athletic fee first sport and $100 each additional sport

$50- Parent mandatory meeting no show fee (two meetings per year)

*$10/hr- Parent involvement hours, billed $10 for each uncompleted hour- 35 hours required if receiving financial aid & 25 hours if full paying

$35- FACTS Grant Aid application fee

$50- FACTS Tuition Management administrative fee.

*St. Mary's Academy tuition increases have averaged 3-6% annually. 

FACTS Management Company

We are pleased to offer FACTS Payment Plans and Grant & Aid Financial Needs Assessment on the same platform.

 

One of our primary goals this year at St. Mary’s Academy is to concentrate our efforts on improving the business side of our school.  By taking advantage of the security and convenience of payment processing and information technology offered by FACTS, we remain committed to this goal. 

You will realize these benefits by using FACTS for your tuition payment plan:

Payment Dates:  You may choose either the 1st, 10th, 20th, 25th or last day of each month as your payment date.  Automatic payments can be made from a checking or savings account or from a variety of credit cards, if applicable with a 2.75% finance charge.

  1. Payment Plans: FACTS offers 12 and 10 month, quarterly or annual payment plans.
  2. Convenience & Security: Along with multiple payment plan options, your payments are processed securely through a bank to bank transaction.
  3. Peace of Mind Insurance: FACTS offers this optional benefit for only $20 per year per family. In the event of death of the Responsible Party or spouse, the remaining tuition balance owed for the current school year is paid to the school.
  4. Consumer Account: You may check your personal account or make payments online from the convenience of your home or office anytime.

One of the universal challenges in education is achieving a balance between our educational mission and financial stability.  It is precisely for this reason we are enlisting the help of the FACTS Management Company.  With FACTS, the school maintains decision-making control.  As always, we will continue to work with families should special circumstances or “hardship” cases arise during the school year.  

 

All families must enroll with FACTS and select a tuition plan on or before May 1st. FACTS will assess an administrative fee of $50, which will be billed prior to your first month’s tuition or added to your first month's billing if invoiced.

 

Click here to create your FACTS Tuition Management Account


 

529 Plan


Your 529 plan can now be used to fund tuition costs for private and religious K-12 education, up to $10,000 per child per year. While contributions are not deductible for California income tax purposes, earnings accrue free of state income tax. Any withdrawals used for qualified higher education expenses and outgoing rollovers to other qualified 529 plans are also state income tax free. This benefit alone gives some California 529 account holders a new way to save money for both current and future academic expenses.The costs of textbooks, supplies and other expenses for K-12 education are not covered under this new rule.

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