3/22/24 - Friday Forget-Me-Nots by Jim Silcott

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Dear Our Lady of Peace Family,

After careful review, we have determined the 2024/2025 Tuition rate for Our Lady of Peace. As we have previously communicated, beginning with the 2023/2024 school year, OLP went to one single tuition rate for all students with different discounts available to reduce the overall tuition cost per student. Tuition covers daily operating costs for the school including teacher & staff salaries, maintenance, utilities, supplies, and deferred maintenance on our aging school building.

The new tuition rate for the 2024/2025 school year will be $7400. The current rate for the 2023/2024 school year is $6,925.

So, what does this mean for your specific family? Looking at several different scenarios and giving you an idea of how to budget for next year, we do not expect your out-of-pocket costs to rise any more than $500 per student for most families. Many families will pay significantly less than the $7400 once Ed Choice awards and any additional financial aid awards are applied.

At this time, we cannot give you an exact tuition number as Ed Choice awards, Diocesan Scholarships, and Parish Grants are still being calculated. Your final tuition numbers will be listed in FACTS at a later date. Again, to get an estimate of what will be owed, please take the amount you paid out of pocket this year and add $500 to that number. Again, many families will not have that large an increase, but it will be safe to budget that way. We are working hard to process all Ed Choice applications and currently awaiting further direction on FACTS financial aid awards from the Diocese.

2024/2025 Re-enrollment

2024/2025 re-enrollment is now open in the FACTS Family Portal. Our school is expected to again be at capacity for next school year. It is extremely important to complete the re-enrollment process by Friday, April 19, 2024, to guarantee a spot for your student(s) for next year. There is a $100 re-enrollment fee assessed per family as part of the process. We have a waiting list in some grades and want to be respectful of those families.

2024/2025 Ed Choice Awards

If you have not already done so, please complete your Ed Choice application or renewal by March 27, 2024. These forms need to be returned to the school office. These are very important to help reduce your overall tuition liability for the 24/25 school year.

Jim Silcott