Tuition Frequently-Asked Questions
|
How do I apply for tuition assistance?
The application for the program is online. FACTS Grant and Aid Assessment, an independent company, evaluates the financial information provided and makes recommendations to Marist regarding an affordable tuition rate for each family. FACTS charges a $35 fee to carefully analyze the information within your application. Financial privacy is a growing concern among families. FACTS gathers and secures your supporting financial documents including tax records. What is the deadline to apply for tuition assistance? The deadline to complete the application is February 10, 2020. Funding after that date may be available on a first-come, first-served basis. What if I do not want to apply for tuition assistance? The tuition assistance program is optional. If you choose not to apply, you will receive a tuition contract in mid-March reflecting the full tuition rate. Sign your contract and return it with the registration fee of $475 ($500 discounted $25 for early full payment) by the March 31, 2020 deadline and your student will be officially registered for Fall 2020. Who will see my application? Data from your application is kept strictly confidential. Once FACTS provides the data it will only be reviewed by the tuition committee of the school’s leadership team – comprised of the school’s President, Principal and Finance Director. What documents will I need when I apply? You will need your family’s monthly budget, most recent tax return (last year’s or this year’s) and your 2019 W2s to fill out the online FACTS application. After submitting your application, you need to fax or upload your tax documents to FACTS. (Instructions provided at the end of the application). If you are a business owner or self-employed, please include supporting tax schedules or forms that reflect business revenue and expense details (e.g. Form 1120S). Do I apply for tuition assistance every year? Yes. Financial situations can change from year to year so we do ask that you apply annually. This ensures that your tuition assistance is reflective of your current financial ability. What if I’m not sure whether I will qualify for tuition assistance? We encourage you to apply for tuition assistance if you are concerned about your ability to send your child to Marist due to the cost of tuition. In a typical year, approximately 90% of families who apply for tuition assistance receive a reduced tuition contract. Annually, more than a million dollars in tuition assistance may be distributed. The determination and calculation of your tuition rate or need for tuition assistance is complex and is based on several factors including family income and size, extraordinary expenses such as medical bills, and tuition paid to other schools. We encourage you to partner with us in the process and not make assumptions that you will not qualify for tuition assistance. When will I find out my tuition rate? In mid March, we will mail a tuition contract that reflects your full or tuition assistance rate. When you sign your contract and return it with the registration fee ($500 discounted $25 for early full payment) by the March 31, 2020 deadline, your student will be officially registered for Fall 2020. What is a Tuition Work Grant? Parents and/or students (only) may work at the school to partially fulfill their tuition obligation. Tuition is credited at $10/hour as work is completed. Work grants are very limited and are granted by the school as deemed necessary to ensure Marist is affordable for every family. What if I cannot afford the tuition assistance amount? Based on the information you provide in your application, the school may offer you tuition assistance or tuition work grants to help you meet your tuition obligation. The Marist Foundation also offers scholarships. Click here for additional information. If you have questions or concerns after you receive your tuition contract, please contact the school’s Finance Director, Carolyn Thurman at (541) 485-7879 or cthurman@marisths.org to schedule an appointment to discuss your student’s tuition. OTHER TUITION-RELATED QUESTIONS What is the tuition for international students? Please contact our admissions office for information regarding enrollment, including tuition and fees. 541-681-5464 or admissions@marisths.org Is there a multi-student discount? There is not a tuition discount for multiple students at Marist. However, if you apply we take your total potential tuition obligation into account when determining your tuition rate for each student. For every family, we do discount the registration fee for a second student by 50% ($250) and there is no registration fee for a third (or more) concurrent student. What if parents are divorced? Tuition for divorced parents can take many forms. For example, if the parents are sharing the tuition (50/50 or some other ratio), the school can make separate financial arrangements with each parent. If one or both parents apply for tuition assistance, the school will consider several factors including documented custody arrangements, divorce decree stipulations and the family income of each parent. Due to the complexity of these situations, please contact the Finance Director, Carolyn Thurman at (541) 485-7879 or cthurman@marisths.org if you have additional questions. What is the G.A.P. program? Marist’s tuition is set below the total cost of education per student to help make a Marist education accessible for every family. The difference between the cost of education and the price of tuition is the “tuition gap”. This gap is funded through generous donations, the school’s annual fund, auction and other fundraising. The GAP Program (Gracious Assistance from Parents) offers families the opportunity to cover this “tuition gap” by making a donation with their tuition payment(s). How do I apply for scholarships? The Marist Foundation offers more than 75 scholarships ranging from $500 to $2,500 to students with financial need. These scholarships have been endowed by generous donors so students may have the opportunity of an excellent education at Marist. Student’s must submit their online applications by the February 10th, 2020 deadline. Please click here for more information about the Foundation’s scholarship program. Can I apply for assistance for other fees or school costs? Every student at Marist should have every opportunity at Marist. If you are concerned about the cost of a particular activity or opportunity, please contact the moderator or coach to discuss scholarship options. With respect to the annual registration fee, please contact the Finance Director, Carolyn Thurman at (541) 485-7879 or cthurman@marisths.org to discuss payment arrangements. What if I am having trouble paying my tuition? We understand that unforeseen issues may come up that strain a family’s ability to pay tuition. If that should happen, we can modify payment schedules to reduce financial distress. Please note there is a $25 fee to make payment plan changes. If a major crisis arises such as a serious illness or job loss, the school may be able to permanently reduce a family’s tuition obligation using the donor-supported Angel Fund (subject to availability). |
|
