INDEXED TUITION
FAQ’s Should my family consider Indexed Tuition? Family circumstances range widely. While some families can afford only 50% tuition, others might be able to afford 75-100%. The formula used to calculate the tuition level is complex, and considers several factors that affect a family’s tuition affordability level. Submission of financial information that reflects the family’s unique financial circumstances is the only way to determine the exact level of tuition specific for that family.
What grade levels are eligible for Indexed Tuition? Full-time students (Kindergarten – 8th Grade) are eligible to apply for Indexed Tuition. Does every All Saints family submit forms for Indexed Tuition? All families are invited to submit financial information to determine the tuition level for which they are eligible. In addition to the submission of financial forms and information, an application fee of $42.00 is required to process a family’s Indexed Tuition determination. For families who elect not to submit financial forms, tuition will automatically be set at the top of the index for each student’s grade level. How is the tuition level determined? To help us objectively assess what a family is able to contribute to education expenses, All Saints uses School and Student Services (SSS by National Association of Independent Schools) as a trusted third party. The major components that define the indexed tuition range include income, assets, family size, cost of living, unusual expenses, school loans, number of independent school or college tuitions currently being supported, and other discretionary costs. We use the SSS figures as the baseline for our Indexed Tuition determinations, taking into consideration the school’s policies and the resources available for returning students as well as applicant families. All financial information provided is held in strict confidence.
Does Indexed Tuition continue throughout a student’s years at All Saints? If family circumstances remain the same and the school’s resources can continue to support indexed tuition to the same extent, the school intends for a family to pay an indexed tuition throughout their child’s years at All Saints. It should be noted that families must resubmit financial information and be determined for eligibility each year. How can I get more information about these scholarship opportunities, or find out how to give to the scholarship initiative? To find out more about this program, apply for Indexed Tuition, or donate to the All Saints Scholarship Initiative, please contact: Suzanne Wolfrom Director of Finance (409) 892-1755 swolfrom@allsaints-beaumont.org.
4108 Delaware Street Beaumont, TX 77706
409.892.1755 www.allsaints-beaumont.org
UNLOCK THE DOOR TO AN AFFORDABLE Education At All Saints
All Saints Episcopal School commemorates over 60 years of academic excellence with the establishment of a scholarship initiative.
All Saints is committed to making our education accessible to families from a wide range of economic backgrounds.
We recognize economic diversity enriches our community, fosters inclusion, and enhances the educational and social-emotional experience critical to the health of the school.
To be eligible to apply for our different scholarship
Options III, IV, and V require making an applica-
IV. Episcopal Parish Scholarships
opportunities, a student must have finalized the
tion to the school, and online to our trusted third party
If a family needs additional financial assistance than what
Admissions process which includes: submission of
(School and Student Services of the National Associa-
our third party entity has objectively determined, families
the application form and application fee, completion of Admissions Testing, and receipt of official acceptance for enrollment to All Saints from the Office of Admissions.
I. Payment Plans Each family has the option to pay tuition in 1, 2, or 10 installments. You will be asked to select your preferred payment plan at the time of enrollment.
tion of Independent Schools). Additionally, all financial forms and any other financial information that reflects the family’s unique financial circumstances are required
Talented students identified through the Admissions Testing process are invited to apply for the Merit Scholarship program. Merit scholar candidates are asked to submit a personal essay along with recommendation forms from former teachers, coaches, faith leaders, etc.
our supporting parishes, St. Mark’s Episcopal Church and
for submission. All applicants are assessed a fee of
St. Stephen’s Episcopal Church. Funds from these two
$42.00 to process their information. Each family’s
parishes are available to supplement tuition costs over and
financial information is kept strictly confidential.
above indexed tuition. First priority for these funds is given to Episcopal families, however families of all faiths are
III. Indexed Tuition Indexed tuition allows the school the ability to offer tuition at a level your family can afford. Financial support for indexed tuition is derived from several sources including the school’s
II. Merit Scholarships
may apply for scholarships administered by either one of
operating budget, unrestricted endowment funds, and contributions from individuals and businesses who support the mission of All Saints. All Saints encourages families to request information about indexed tuition if they have concerns about their ability to afford tuition at the top of the range. While every family is expected to contribute a minimum of 50% of the cost of tuition and fees, and to support the community to the extent individual family circumstances permit, the school does not expect each tuition level to be the same.
eligible to apply. V. Corporate Scholars Program Funds from local businesses and individuals who support the mission of the school are available to offset initial start-up fees and/or partial tuition.