Tuition & Payment Plans

As a school community, we are committed to making an education at DePaul Prep possible for families from socioeconomically diverse backgrounds. DePaul Prep understands that Catholic high school education is an investment in your future. Tuition is the backbone of our budget. There is a $3,600 gap between tuition charged and the true cost of educating each student. Our Board of Directors, generous donors, and outside charitable organizations compensate the difference between the actual cost and the tuition charged.

2021-22 Tuition & Fees

The below information reflects the tuition schedule for the 2021-2022 school year:

Tuition & Fees for the 2021-2022 School Year	Returning Students in the Classes of 2022 & 2023	Class of 2024, incoming class of 2025, & transfers*
Tuition	$14,500	$15,500
Registration Fee - all classes (non-refundable)	$400	$400
Total	$14,900	$15,900
*Additional Fees*
Graduation Fee (Class of 2022)	$225
Kairos Retreat Fee (Classes of 2022 & 2023)	$250
International Baccalaureate Program Fee payable over 2 years (for Juniors and Seniors in the IB Program)	$1,700
Discounts
Sibling Discount	$500 per sibling
Full pay tuition discount if full payment is made prior to July 15, 2021	2%

* 2020-21 and 2021-22 transfers

Tuition is billed via the FACTS Tuition Payment System. All families must enroll in FACTS. Our tuition payment cycle for next year is from July 2021 – April 2022. Tuition can be paid in full in July; semi-annually; quarterly; or spread over the 10-month period from July – April. The $225 Graduation fee and $250 Kairos fee are billed via FACTS. The fee for the International Baccalaureate Program is $1,700 which can be paid over the two years of the IB Program, via FACTS. Contributions to the Fund for Excellence can also be paid through FACTS in one payment or paid incrementally when paired to your tuition payment plan.

A family will incur additional costs for books, one-to-one technology, uniforms and meals.

All DePaul College Prep students and families are required to contribute to the Fund for Excellence Annual Appeal and at least one other fundraiser.

Payment Plans

DePaul College Prep offers four payment plans:

PLAN	TERMS	DISCOUNT	DUE
Annual	Pay in Full	2%*	July 15, 2021
Semi-Annual	Two Payments	N/A	1st Installment - July 2021 2nd Installment - December 2021
Quarterly	Four Payments	N / A	1st Installment – July 2021 2nd Installment – October 2021 3rd Installment – January 2022 4th Installment – April 2022
Monthly	10 Monthly Installments	N/A	July 2021 – April 2022
All payments are based on the net tuition owed by the student/parent. *To receive discount, payment must be made by the due date listed above.

FACTS Tuition Account

ALL FAMILIES are required to have a FACTS Tuition Management account. Payment plans begin in July 2021. You may make changes to plans up to June 10.

create your facts tuition account

Setting up your FACTS Payment Plan

CREATE YOUR PAYMENT PLAN - for assistance call FACTS, 866-441-4637. Please call or email Anne Marie Piazza with general questions, 773-423-5040.

1. On the welcome page click the appropriate option:

“Create a username & password” to create a new account:

You will be prompted to enter your email address, and then you will be able to select Create a New FACTS account
Enter your demographic information (name, address, email, phone number)
Create a username and password, and select security questions

“Sign in” for families that already have an existing FACTS account from another school:

Choose Set up a New Payment Plan and then Begin
Add all students names enrolled at DePaul College Prep, and be sure to enter their year & grade as of the 2021-2022 school year

2. Contact information: Choose a correspondence method. We recommend “email”. The correspondence method you choose, will be how you receive all communications regarding payments and your plan, from FACTS. Choose the email address you read most frequently.

3. Plan Options: Select a payment plan and click Next. Take note of the offered payment plan types and associated fees. If you choose payment in full by July 15th, the entire amount of tuition will be paid in July, less a 2% discount. Agreements are finalized in May and early June. Watch your email for notice of finalization from FACTS. Check the plan to make sure it meets your needs. Changes to your plan can be made after finalization but not after June 10.

4. Payment Details: Enter your financial account information.

Forms of Payment

ACH - Automatic fund withdrawal from your bank account. No service fee.
Credit Card - Card holders will incur transaction fees of up to 2.85% per transaction, depending on the credit card type.

5. Payment Schedule: Select your payment date and review your payment schedule.

6. Review and Authorize: You are able to select the links on the right to go back and edit entries. Check the box to agree to Terms & Conditions, and click Authorize.

7. Make Payment: During the incoming freshmen registration period (usually in February), new families will pay the registration fee of $400 to secure their enrollment. The payment will be processed immediately. Outside of the registration period, immediate payment will not be required.

8. Thank you: Print or save your confirmation page. It includes your agreement number.

9. Finalization: Agreements are finalized by DePaul College Prep in April, May and June. You will receive a “notice of finalization.” It is recommended that families review the payment plan once more to ensure it meets your needs.

For assistance setting up your plan please contact FACTS customer service: 866-441-4637

WITHDRAWALS FROM DEPAUL COLLEGE PREP | Tuition payments support faculty salaries and operating expenses for the entire academic year. Tuition payments are collected from July through April. If a student withdraws or is dismissed for any reason during the period from July through May, monthly tuition payments which have been made will not be refunded. If tuition payments are paid in full, paid semi- annually or paid quarterly, a prorated tuition payment may be refunded at the discretion of the school.

Tuition, Payment Plans, Scholarship, & Financial Aid: How does it work?

Tuition Payment Plan Information
Tuition collection begins in July. DePaul College Prep will finalize the terms of your tuition payment plans in FACTS between May and mid-June. Please watch for a “Notice of Payment Plan Finalization” from FACTS in your email. Check the balances for accuracy and the payment plan type (monthly, quarterly, semiannual, annual) to ensure it meets your needs. As a reminder, if you selected payment in full, the entire amount of tuition will be withdrawn from your account in July. Payments in full made by July 15 receive a 2% discount.

FACTS
You are the owner of your tuition payment plan and are able to self-manage, view balances, change payment methods and view payment history of the account on your own. If you need assistance, the number for FACTS Customer Service is 866-441-4637. Many customer requests can be handled by you and FACTS and do not require DePaul Prep’s assistance.

Changes to payment plans and payment dates must be made at least 72 hours in advance of the scheduled payment event. Be aware that payments due on a Monday will be put on a bank hold by your bank on Friday. Payments due on a Holiday will be placed on hold the day before, or the Friday before a long holiday weekend.

There are some customer requests that only the school can approve. In those cases, FACTS will direct you to contact our Tuition and Financial Aid Manager Anne Marie Piazza for account adjustments.

Scholarship
If your student earned a merit scholarship based on their entrance exam score, that information would have already been communicated to you in your acceptance letter. Merit scholarships show as a credit in your tuition payment plan.

Financial Aid
The financial aid application for 2020-2021 is closed. Financial Aid for incoming freshmen is only available to families who completed the financial aid application by January 15, 2021. Financial aid awards show as a credit in your tuition payment plan.

Outside Scholarships and Grammar School Awards
If you have earned an outside scholarship such as a renewable Big Shoulders Fund Scholarship, HighSight, HFS, HFY, or a scholarship awarded by your grammar school, please send proof of scholarship to apiazza@depaulprep.org as soon as possible. These awards show as a credit in your tuition payment plan upon verification. If we do not receive a proof of scholarship from you, we have no way to know that your account should be credited.

Incidental Billing & FACTS
There are two features to your FACTS account: Tuition Payment Plans and Incidental Billing. Tuition Payment plans are for your annual tuition and the IB Program. Incidental Billing is for bus fees, AP Exams, Summer School, Kairos Retreats, and other incidental charges. Please attach a payment method to both accounts. You will never be charged in either account without prior notice via email from FACTS. To dispute charges, please email apiazza@depaulprep.org.

Withdrawals From DePaul College Prep
Tuition payment plans begin in July for every family that paid a registration fee. You must email admissions @depaulpre.org to withdraw your acceptance and to close your FACTS account. Families should notify us of payment plan cancellation no later than June 10. Please carefully review the Tuition Refund Policy.

Tuition Refund Policy
Tuition payments support faculty salaries and operating expenses for the entire academic year. Tuition payments are collected from July through April. If a student withdraws or is dismissed for any reason during the period from July through May, monthly tuition payments which have been made will not be refunded. If tuition payments are paid in full, paid semi-annually, or paid quarterly, a prorated tuition payment may be refunded at the school’s discretion.

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