Immaculate Conception School

 

                                       

 

Bookkeeper

Mrs. Beverly Gaffney

(908) 895-1106

Financial Office Information:

As a parochial school, the existence of Immaculate Conception School is dependent upon tuition and fees along with parish subsidy and fundraisers.  Each of these is detailed below. 

TUITION

Tuition is paid in one of three ways.  Parents either prepay tuition in full directly to the school by July 10th before the school year.  Or, parents pay tuition through the FACTS tuition management program.  Through FACTS parents may opt to pay either twice a year or spread their tuition payments out over 10 months.

Tuition amounts and discounts are outlined at or before registration in January.  We ask that you decide how you are going to pay by completing a Tuition Payment Preference Form and a FACTS Automatic Tuition Payment Agreement, if applicable. Forms are due back to school in February.  Your return of the forms prompts the generation of your invoice which is sent out no later than the middle of June.  Every family receives a bill.

FEES

Book fees are used to purchase workbooks used by each student during the course of the school year, as well as to purchase textbooks not provided by the government book loan program.  Book fees are $125 per student grades K – 7, $150 for grade 8.

Art fees are used to purchase supplies for our dedicated art program. Art fees are $25 per student grades K - 8.

Stationery Fees vary by grade and are used to provide the students with a supply of items some of which are only available for purchase through our stationery store.  The fees vary by grade because items included are purchased at the discretion of the teachers for your child’s grade.  Additional items which may be included in this fee are grade specific classroom tools and grade specific periodicals.  Amounts for stationery fees are not available in advance however; they are usually under $100. Students may need to replenish supplies throughout the school year.

Pre-K art supply fee covers the various snack, art, craft and periodical expenses unique to this age group. The fee is $125 per student.

The Capital Reserve Fee is a one time fee charged to all new incoming students, the current fee is $100.  This fee is collected by the school, but subsequently rolled over to the Church of the Immaculate Conception.  The Church accumulates the fees in a reserve fund which will be used to offset costs associated with future capital improvement projects in and around the school.  

HSA/Alliance fee is charged annually.  All funds collected are paid to the Diocese of Metuchen for the Diocesan HSA and NJ Alliance.  

All fees are billed along with tuition if you are prepaying, or separately if you are paying through FACTS.  All fees are due July 10th.  

PARISH SUBSIDY

Students Grades K – 8, registered at a Parish other than Immaculate Conception, Somerville will be asked to submit a Tuition Assistance Eligibility Form to their pastor.  When you present this card to your pastor you are asking him to indicate that your family is in good standing in the Church and that you are practicing Catholics.  Your pastor is further agreeing to pay $800 per student in assistance to Immaculate Conception School to help your children further their Catholic education.  Anyone who wishes to pay this fee in lieu of their Parish may do so by contacting the bookkeeper. 

Should a pastor refuse to pay, the subsidy becomes the responsibility of the parents.  Non-Catholic students are charged the Subsidy amount of $800 per student with their other school fees.

Families of students registered at Immaculate Conception, Somerville do not fill out a Tuition Assistance Eligibility Form; however, their status as practicing Catholics in good standing is reviewed by the Pastor.

TUITION ASSISTANCE

In an effort to make Catholic education affordable to all who are interested in attending, various procedures have been established to ensure fairness in the distribution of tuition assistance. 

All those interested in seeking tuition assistance must begin by completing a Diocesan Tuition Assistance Application.  This application is made available in all of the schools each February.  You only need to complete one application per family, even if you have children in other schools (such as, high school).  The application must be fully completed, copies of your Tax Return for the prior year must be attached, and your pastor must sign the form.  Make two copies of the entire application including all supporting documents and then you mail it, along with your check to PSAS (a service employed by the Diocese to compile the data received from all of the families that apply). Application packages are always due to PSAS by the end of March.  Late applications are disqualified.  It is the responsibility of the parents (not the bookkeeper, or parish center staff) to follow through on obtaining pastor’s signature, copying and mailing of the application. 

Retain one copy of the application package for your records.  The second copy should be dropped off at Immaculate Conception Parish Center directed to the attention of the finance committee, and marked personal and confidential.  Once your diocesan assistance amount (if any) has been granted, you and the school will receive notification from the Diocese.  The school will adjust your tuition amount to reflect this diocesan assistance.  Once notified the finance committee meets and, using the application package copy you dropped at the Parish Center , they review your file to determine if you are eligible to receive any scholarship money.  Scholarship money comes from generous families who donate specifically for tuition assistance.  Any parish assistance/scholarship granted will be posted against your tuition balance, as soon as a decision has been rendered by the finance committee.

Although assistance is available we caution all who apply not to “count on the assistance.”  The help you receive should make the financial burden bearable, but you should not expect to not have to pay.  While your applications are being processed you may cross over the July 10th deadline.  You should contact your bookkeeper in this situation to discuss options.

Failure to complete the Diocesan tuition assistance application greatly impacts your qualifying for assistance from the parish.  You must complete the Diocesan application, and get it in on time, to be best considered for parish assistance.

FUNDRAISERS

Immaculate Conception School , in an effort to avoid a constant barrage of fundraisers, only has a select few throughout the school year.  The Home and School Association sponsors all fundraising. Participation is optional, but strongly encouraged as funds raised have a huge impact on the school community as a whole. 

The one fund raiser that can directly impact your personal tuition bill is the Home and School’s voucher/scrip program.  At the beginning of the school year you will receive a special envelope and order forms to be used to order gift cards through school.  If you send in $100 and request Shop Rite Gift cards, you will receive $100 in gift cards back the same day.  This fund raiser costs you nothing.  AND, the Home and School tracks your purchases and at the end of each month, gives you back 2% of your purchases in the form of tuition credits.  Tuition credits can be used anytime you have to pay for something at ICS (except lunch tickets).  The best thing to do with tuition credits is to accumulate them for the entire school year and when the fees are due, send in your tuition credits!  Those credits add up quickly and some parents avoid fees altogether using their tuition credits.  The voucher/scrip program raises money specifically to pay for the computer lab.

Please support the few fundraisers that so greatly help our school and help yourself at the same time.

Questions regarding any of the information above should be directed to the school bookkeeper, Mrs. Beverly Gaffney, (908)895-1106. 

**Failure to make tuition payment arrangements will result in non-admittance to the school.  Failure to pay tuition will result in dismissal from the school.

 
 
 
                                     
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