Tuition for the 2008-2009 school year is $4,075.00 for subsidized families and $5,770.00 for non-subsidized families. There is also a $25.00 non-refundable registration fee as a student registers at Assumption for the first time.

TUITION PAYMENT SCHEDULE 2008-2009

Parish Supported
Non-Parish Supported
Tuition & Books
$4,075
$5,770
Annual Payment
$80 Discount
Due by July 20, 2008
$3,995
$5,690
Semester Payment
$30 Discount/Semester
Due July 20 and December 20, 2008
$2,007.50
$2,855.00
Monthly Payment
Due by the 20th of each month
July 2008 through April 2009
$407.50
$577.00

When a student registers at Assumption for the first time, there is a $25 registration fee. 

The parish supported tuition rate is based on membership in one of our nine local supporting parishes.  Through your tithe, these parishes provide nearly $800,000 of support to our students each year. 

In addition, Assumption collects approximately $600,000 annually from private donations and other sources that help to control tuition costs.

If a parish supported family has more than two children attending Assumption during the same school year, the additional children are not charged tuition.

FAMILY TUITION PLAN
This plan, provided through a partnership between the Embracing Our Future campaign and the Mississippi Valley STO, provides assistance to more than 20% of current Assumption students. It is particularly helpful to low income families and middle income families with tuition expense at both the elementary and high school levels. We encourage families who desire to have their children attend Assumption High School but are struggling with economic barriers, to file a Family Tuition Plan application. These applications are available from the Assumption Business Office, at www.embracingourfuture.org, or via download here. For more information about the Embracing Our Future Campaign, visit www.embracingourfuture.org

ASSUMPTION STUDENT WORK PROGRAM
All students who qualify for a tuition grant through the Family Tuition Plan may also be given the opportunity to contribute to their education through the Assumption Student Work Program. Further information will be provided to successful tuition grant recipients.

SCHOLARSHIPS
Several scholarships are available to students due to the support of generous donors. For more information and an application, click here.

TAX CREDITS
The State of Iowa allows a 25% tax credit on the first $1,000 of tuition and textbook expenses paid per student to an accredited non-public elementary or secondary school in Iowa . (There is a maximum credit of $250 per student.) Be sure to discuss this credit with your tax advisor.

COVERDELL EDUCATION SAVINGS ACCOUNT
A Coverdell ESA may help you pay tuition for your children enrolled in Catholic schools.  A Coverdell trust or custodial account is created at a bank or other IRS approved entity for the purpose of paying qualified education expenses.  These education expenses may be incurred at an eligible elementary or secondary (high) school.  They may also be incurred at an eligible postsecondary school.  Education expenses may include tuition, books, supplies, uniforms, transportation and computer equipment.

Contributions to a Coverdell ESA are non-deductible, but withdrawals are non-taxable including the non-taxed earnings.  You may want to speak to your tax professional to see if a Coverdell ESA is appropriate for you.

Family Tuition Plan Application

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