PLAN A: Full Payment
One tuition payment of $9,500 is due on or before August 15, 2008. (This includes the $100 academic fee.)

PLAN B: Two Equal Payments
Two tuition payments of $4,830 each (this includes a $60 annual finance charge plus a $100 academic fee). The first payment is due on or before August 15, 2008, and the second payment is due on or before December 15, 2008.

PLAN C: Ten (10) Equal Payments
Ten monthly payments of $975 (this includes an additional $150 annual finance charge plus a $100 academic fee). The first payment is due on or before August 15, 2008 and each subsequent payment is due on or before the 15th of each month thereafter until and including May 15, 2009. These payments will be made through an electronic account payment system.

PLAN D: Eleven (11) Equal Payments
Eleven monthly payments of $888 (this includes an additional $165 annual finance charge plus a $100 academic fee). The first payment is due on or before August 15, 2008 and each subsequent payment is due on or before the 15th of each month thereafter until and including June 15, 2009. These payments will be made through an electronic account payment system.

ACE (Actual Cost of Education) Program

The actual cost of educating each student at St. Mary's Academy is $13,050 annually.  In an effort to make our tuition affordable to a broad range of students, we offer tuition at $9,500, granting an automatic subsidy of $3,550 to all families.  Our fundraising efforts such as the Food for Thought luncheon, Phonathon and Auction help to offset the cost of this subsidy.  The ACE -- Acutal Cost of Education -- program encourages families to consider paying actual cost versus published cost of tuition.  Your gift to the ACE program is fully tax-deductible and enables St. Mary's to continue providing outstanding programs and services to our students.  The opportunity to participate in this program will be made available to you through the tuition contract.  Thank you for your thoughtful consideration.