FINANCIAL PAYMENT SCHEDULE

FINANCIAL POLICIES FOR 2008-2009

FEE SCHEDULES

(1) Registration Fee                   $250.00 per student                  

(2) Activity Fee                         $250.00 per student

(3) Drug Testing Fee                 $60.00 per student

(4) Tuition rates

            (a) Traditional Program  $6,900.00

            (b) PLUS Program        $7,700.00

(5) Class Fees – Some classes require supplementary fees for supplies.  Those are billed after the first semester begins to allow room for any early schedule changes.  See the “Curriculum Guide” on our website for details.

(6) Senior Graduation Fee                      $85.00 per graduate

In order to participate in the August Registration Day process, account balances will need to be up to date as of August 1, 2008.

TEXTBOOKS:  New for the 2008-2009 school year

St. Benedict is changing how students will acquire their textbooks.  SBA will no longer own the textbooks but students/families will purchase them through our new relationship with an on-line bookstore that will sell both new and used books. 

PAYMENT SCHEDULES

Registration Fee ($250 per student) is due on or before February 22, 2008 to reserve an enrollment spot for 2008-09.

Tuition, Activity Fee ($250 per student), Drug Testing Fee ($60 per student) and Graduation Fee ($85 per graduate) can be paid in one of the three following manners:

• ANNUALLY – all monies due by July 1, 2008.  Please notify the Business Office by May 1, 2008 if you are planning to choose this option.
• QUARTERLY – Due dates:  May 1, August 1, November 1, February 1
• MONTHLY – Families that wish to pay monthly are required to enroll with the FACTS payment plan which will require a one-time $38 participation fee.  Such a plan can be customized to meet your family budget.  You are eligible to begin monthly drafts in April, 2008 but must design the plan so that all payments are completed by March, 2009.  This option allows for a family to make occasional additional payments directly to SBA which will of course reduce the amount of the monthly payment.  Please see the enclosed FACTS information brochure for more details.

RELATED POLICIES

• Tuition Aid – Once the Registration Fee ($250) is paid, families may request an application for financial aid.  All requests for these applications must be submitted in writing to the attention of Nancy Valadie no later than March 15, 2008.  The amount of financial aid our school can give is very limited.  Amounts will be designated by July 1, 2008.
• Refund policy – All “fees” are non-refundable regardless of when a student withdraws.  The Diocesan tuition refund policy is included in our “Student & Family Handbook” which is available on our SBA website (www.sbaeagles.org).
• Athletic Eligibility – The Tennessee Secondary School Athletic Association (TSSAA) which governs our athletic participation requires that all tuition accounts must be current in order for the student to be eligible to participate in their respective sports.
• Graduation – St. Benedict at Auburndale requires that all tuition accounts must be paid in full in order for the graduating senior to receive a cap and gown to participate in the related ceremonies.
• Transfer Students – The Catholic Diocese of Memphis requires that all students who wish to transfer to St. Benedict must have settled all accounts with the previous school(s) in order to gain admission.