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For an application please fill out our e-mail form or contact:
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Investing in Your Child's Future
Ursuline Academy is committed to offering our excellent educational
opportunities to all qualified students, regardless of financial circumstances.
While the cost for educating a child ultimately resides with the family,
Ursuline encourages families to apply for financial aid. Ursuline
Academy understands that financing an independent school education
is not always easy, yet the cost is not as large a barrier as many
assume. Our financial aid program is designed to bridge the gap between
what a family can afford and what it costs to attend Ursuline.
Aid is offered on the basis of demonstrated financial need and the
availability of funds to any student attending a full day program
at Ursuline. Ursuline Academy supports a financial aid budget that
represents 10% of the school’s annual operating budget. Recent
financial aid awards total approximately $700,000 and students that
receive aid represent 19% of the student body.
In awarding financial aid, Ursuline Academy’s Financial Aid
Committee considers applications from current families first. Since
financial circumstances can change from year to year, parents of students
already receiving financial aid must reapply for each school year.
To be considered for aid, a current student must be in good academic
and behavioral standing, and the family must be in good financial
standing with the Academy. Also, the student and family must contribute
positively to the school community.
For families and students applying for admission to Ursuline, applying
for financial aid has no bearing upon the admission committee’s
decisions and their assessment of an applicant’s potential as
an Ursuline Academy student. Families of prospective students are
encouraged to apply for financial aid.
To qualify for financial aid, parents must submit a Parents’
Financial Statement (PFS) with the appropriate fee to School and Student
Service for Financial Aid (SSS) in Princeton, New Jersey no later
than January 11, 2008. Families who meet this priority deadline will
be considered first in being awarded aid for the 2008-09 school year.
This system considers gross taxable and non-taxable income, assets,
liabilities, family size and the number of students in tuition-charging
schools or colleges. After an allowance for basic necessities and
required taxes, the remaining funds are considered available for education
on a sliding scale. The more a family earns, the greater the expected
family contribution. The forms to send to SSS are available by request
from the Academy beginning in November, 2007. To complete the forms
by this deadline, it is acceptable to use estimated information for
2007 income and expenses.
Ursuline follows recommended practices stated in the SSS handbook
for allowing and disallowing expenses on the PFS forms. For example,
Ursuline allows deductions for repairs on a primary residence, but
not a second home or rental property; Ursuline allows for siblings’
tuition costs from preschool through undergraduate degree programs,
but not graduate programs. All allowances are listed in the SSS guide
for filing; we recommend that you read these directions carefully
so that your PFS is not rejected either by SSS or Ursuline. Also,
be sure to explain all circled entries completely; if no explanation
is provided, these entries are disallowed, which may result in disqualification
of the application.
If either parent is a partial or full owner of a business
or farm, he or she must complete the enclosed Business/Farm Statement
before completing the PFS. These forms should be returned directly
to Ursuline’s Financial Aid Committee. Do not send the Business/Farm
Statement to SSS in Princeton, New Jersey.
In cases of divorce or separation, Ursuline requires that both natural
parents or legal guardians complete a PFS. While Ursuline is aware
that difficulties may arise in these cases and makes a special effort
to consider all possible situations, the Financial Aid Committee will
consider both natural parents’ or legal guardians’ abilities
to contribute to tuition expenses. In the case of no support from,
or contact with, a noncustodial parent, the Committee requires verification
of the situation by a counselor, legal advisor, social worker, or
member of the clergy. If either natural parent remarries, Ursuline
Academy takes into account the contributions the stepparent makes
to the household. At the same time, however, Ursuline also bears in
mind the financial obligations the stepparent has to his or her natural
children and other family members. In the school’s view, the
stepparent’s resources and expenses become part of the family’s
total financial picture.
SSS automatically includes a portion of each student’s assets
as part of the family’s contribution to education expenses,
regardless of the type of assets. In certain cases, such as court-mandated
trust funds, Ursuline Academy will deduct the student contribution
before determining the family’s financial need. In these cases,
appropriate documentation of the irrevocable nature of the trust fund
must be provided.
SSS determines the methods used to evaluate the PFS information and
forwards to Ursuline a completed Report of Family Contribution (RFC).
When Ursuline has received all of the appropriate materials (RFC and
all business information), the Financial Aid Committee begins the
evaluation process. During this process, the Committee may change
the SSS calculations, depending on expenses that have been claimed
and explanations of unusual circumstances. The Financial Aid Committee
reviews all completed applications and notifies each qualified family
of a preliminary award by mid-February. Ursuline Academy has limited
funds for financial aid, so a family’s award may not meet the
total amount of need as stated on the RFC.
Because preliminary awards are made based on estimated information,
the Financial Aid Committee verifies actual income and expenses by
reviewing 2007 Federal 1040 tax forms (including all attached schedules),
all 2007 W-2 forms, and business statements, if necessary. Therefore,
copies of all income tax information must be delivered to Ursuline
no later than April 25, 2008. The Financial Aid Committee will use
these forms to adjust both the estimated information provided on the
PFS forms and the preliminary award, if necessary. The Committee will
notify families of any adjustments by May 23, 2008.
Ursuline strongly recommends that all families request a copy of the
Report of Family Contribution (RFC) for their information. This report
is a copy of the information SSS provides to Ursuline’s Financial
Aid Committee for its award process. All applications, tax forms,
W-2 forms, and related information are held in strictest confidence.
Only the Admission Office, Financial Aid Committee, and President
of Ursuline Academy have access to this information.
Since Ursuline believes the value of our educational program exceeds
the considerable financial commitment it entails, we will make every
effort to help you make it possible for your child. If you have any
questions about financial aid, please contact Ursuline Academy, (302)
658-7158.
2008-2009
Tuition Information |
|
| Half-day Pre-Kindergarten, 3 days/week | $5,200 |
| Half-day Pre-Kindergarten, 5 days/week | $6,940 |
| Half-day Montessori, 5 days/week | $6,940 |
| Full Day Montessori, Full Day Pre-K , Full Day Kindergarten - 5 days/week | $11,560 |
| Full Day Pre- Kindergarten, 3 days/week | $8,670 |
| Lower School (Grades 1- 6) | $11,560 |
| Middle School (Grades 7 - 8) | $13,600 |
| Upper School (Grades 9 - 12) | $14,670 |
2008-2009 Extended-Day Rates |
|
| Before School (7:00 am - 8:00 am) | $645 |
| After School Program until 4:00 pm | $1,190 |
| After School Program until 4:45 pm | $1,935 |
| After School Program until 5:45 pm | $2,660 |
| Holiday Program | $955 |
| Vacation Week Program: This two week option provides coverage for Christmas vacation, 2008 and Easter vacation, 2009 only, and is available to any family in the community including students not attending Ursuline Academy. Program coverage begins at 7:00 a.m. and remains open until 5:45. |
1 week: $350 2 weeks: $675 |
| **Extended Day/Summer Fun will be closed June 9-13 (Faculty work week), July 4, and August 25 – September 3, 2008. | |
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All tuition is due and payable in full by August 1, 2008.
However, to meet individual family needs, we offer the following
payment plans: |