Along with the fixed tuition, families also pay the reimbursable *fundraising fee listed in column B of the preceding tuition schedule. Many of our families recover at least a portion of their fundraising fee.
Each family pays the applicable fundraising fee throughout the year as part of the tuition. Families participating in the various fundraisers receive a percentage of their fundraising efforts toward the fee (e.g., 50% of candy bar gross sales). Provided a family’s tuition is paid in full, including the fundraising fee, the family’s share of their fundraising efforts, up to the amount of the fee, will be offered to the family as a reimbursement of the fundraising fee. It also can be donated, as a whole or in part, back to the school. Any fundraising credits exceeding a family’s fundraising fee will go entirely to the school.
Credits to future years’ tuition, refunds, and donations are processed at the end of each school year.
The Doe family paid $1,700 for their family’s fundraising fee. They sold $1,000 worth of candy bars, and they were credited 40% of their sales toward their fundraising fee ($400). They also raised $5,000 in golf-a-thon sponsorships, which were credited at 80% toward their fundraising fee ($4,000). Because their tuition was paid in full, including the fundraising fee, they were eligible to receive a $1,700 reimbursement. The fundraising credits in excess of their fee directly benefitted the school, which helps to keep tuition low for all students.
The Jones family paid $1,700 for their family’s fundraising fee as well. They sold $100 worth of candy bars, and they were credited 40% of their sales toward their fundraising fee ($40). They also raised $1,500 in golf-a-thon sponsorships, which were credited at 80% toward their fundraising fee ($1,200). Because their tuition was paid in full, including the fundraising fee, they were eligible to receive a $1,240 reimbursement.
At the end of the year each family will receive a statement of how much they raised toward their target net profit, ($1100 for one student, $1700 for two students, etc.). At that time each family decides between the following three options:
- 1. Receive the reimbursement in full.
- 2. Donate part, or all, of the reimbursable amount to the school.
- 3. Apply part, or all, of the money to their unpaid tuition balance, including future years’ tuition.
Your fundraising efforts directly benefit your own family’s overall enrollment costs, however all families have the option not to participate in each fundraiser.