Family
Fundraising
Obligation
St. Francis of Assisi School strives to keep tuition as low as possible. However, each year we need to make up the deficit between what we receive in tuition and fees per student ($5,300), and what it actually costs to educate each child ($6,843). In order to meet our budget, St. Francis School offers several meaningful fundraising opportunities by which families can help bridge the gap between what they are paying and the actual cost of what they are getting.
To make headway in covering this shortage, each family is required to fundraise $350 over the course of the school year.
Here are the only two ways to meet your $350 Family Obligation:
Option 1
Families make either a one time “$350 buyout” payment to the school or they add it to their monthly FACTS account that spreads the payments out. The deadline for this option is the first day of the school year. This is a discounted rate because the money is coming directly to the school with no money allotted for prizes, marketing or administrative costs.
Please Note
- Families that buyout are not eligible for the same fundraising incentives unless they do additional fundraising.
- The school encourages all families to surpass the minimum! Even with the buyout and family fundraising obligation, the school is not covering the gap between what it costs to educate and what we charge.
Option 2
Families fundraise for St. Francis School’s three most successful fundraisers.
- 80% of all Walkathon pledges will be credited towards one’s Family Fundraising Obligation.
- 20% of Christmas Lottery Calendars will be credited towards one’s Family Fundraising Obligation.
- 80% of all Hooley Raffle tickets will be credited towards one’s Family Fundraising Obligation.
Further Details
If a family does not participate in any fundraising or does not meet their obligation during the school year, they will be billed $450 in April (minus any fundraising that was completed).
Please note: only Walkathon pledges, Christmas Lottery Calendars and Hooley Raffle Tickets count towards meeting your family fundraising obligation. See above for the percentages.
In your charity, please keep in mind that we are not asking you to bridge the entire gap between tuition and actual costs as outlined above. We have instituted this system because it’s a reasonable start and the school will now count on your obligation.