Page 78 - Padua_Parent-StudentHandbook_2020-21

PLEASE NOTE THE FOLLOWING:
1) The tuition of each additional sibling in the family attending concurrently is discounted $1,500.
2) Scholarships and discounts do not apply to the $700, (deposit and registration) due in May. All
scholarships and discounts will be applied to the tuition balance.
3) PREPAY DISCOUNT: IF FULL TUITION IS PAID BY JULY 31, 2020 $250 MAY BE
DEDUCTED. PLEASE NOTE THAT THE FULL TUITION PAYMENT MUST BE RECEIVED IN THE BUSINESS OFFICE BY JULY 31, 2020 TO QUALIFY FOR THE DISCOUNT. CASH, MONEY ORDER, OR CHECK WILL BE THE ACCEPTED METHODS OF PAYMENT (NO CREDIT CARDS).
No exceptions will be made to the July 31st deadline. The prepay discount will be forfeited if the payment is not in the Business Office on or before July 31, 2020 at 3:00 PM. (For example, if the payment is mailed and it is received on August 1, 2020, the prepay discount is forfeited.)
CANCELLATION POLICY: Parents and guardians who enroll a student by payment of the COURSE REGISTRATION AND TUITION DEPOSIT may cancel enrollment, IN WRITING, without penalty (except forfeiture of the registration) prior to July 6. Parents or guardians canceling enrollment after July 8 will be held accountable for an amount equal to the Deposit ($600).
Academic Scholarship
Students who score a CSQ of 100 or higher on the High School Placement Test and maintain an "A" average (93-100%), in core subjects, during the entire seventh grade and the first semester of eighth grade and have satisfactory marks in conduct and effort are awarded the Academic Scholarship of $1,000 for their freshman year. This scholarship is renewable annually, as long as the student maintains a minimum 3.30 cumulative grade point average at Padua (for the Class of 2022 and future classes). Students in the Class of 2021 and prior are required to maintain a 3.5 grade point average.
Padua Franciscan High School Endowment Trust
The endowment was founded in 1981 to provide for student financial aid as well as program support for Padua Franciscan High School. The income of the trust comes from tax-deductible contributions, including gifts of cash, securities, life insurance, bequests, and memorials which are permanently invested. Investment income from the trust, including that of several named financial aid funds, is distributed each year through the school. Contributions and inquiries regarding the Padua Franciscan High School Endowment Trust should be directed to the Vice President for Institutional Advancement at 440-845-8224.
Free and Reduced-Priced Lunches
Free and reduced-price lunches are available according to guidelines established by the government. Parents who wish to apply for free or reduced-price lunches must complete a FACTS application for evaluation, which is available on our website.
All families who have completed the FACTS application for financial aid for the school year are automatically evaluated for eligibility for the free and reduced lunch program. Notification will be made prior to the beginning of the school year.
Tuition Assistance
FACTS is an outside service that evaluates all financial aid applications for Padua Franciscan High School, as well as many other private schools in the area including Padua Franciscan High School. Application deadlines vary from year to year. Please contact the Business Office for complete information. Any family seeking financial assistance from Padua must submit this form prior to consideration.
Some financial aid funds are available through the Catholic Education Endowment Trust of the Diocese of Cleveland. For complete information, call the Business Office at (440) 845-2444 ext. 105.
70