Why I Like St. Joe's:
[by the First Grade class]
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Copyright © 2010
Saint Joseph School of Downers Grove
Tuition, Stewardship and Development
At St. Joseph School, providing our children with a high quality, faith-filled education is an effort that requires all of our financial support. The annual operating costs of the school are approximately $2,000,000; this is funded through:
- Tuition payments
- Stewardship offerings
- Development commitments
- Parish investment
Tuition for 2009-2010 School Year
| Kindergarten: | $1,400 |
| Grades 1 - 8: | |
|
$3,667 $5,500 $6,784 $7,334 $7,700 |
Stewardship
At St. Joseph, each school family offers a written stewardship commitment to the parish annually that fits within the family’s budget and is given with a generous spirit. There is then a sharing of stewardship contributions between the parish and school, whereby two-thirds of a school family’s stewardship goes to the school’s Second Century Fund, and one-third remains with the parish.
In the 2009-2010 school year, families have four options to fund their stewardship: automatic bank account deductions, credit card payments (which incur an additional convenience fee), monthly donations directly to the church, or weekly donations in the Sunday collection basket. From a financial management standpoint, bank account deduction and credit card options, which are administered through the automated FACTS program, are strongly preferred.
Development
St. Joseph School has a Development Committee that plans and executes initiatives that grow the school’s Second Century Fund. The Fund is used by the school to cover the cost of multi-student tuition discounts, tuition assistance, academic and technological enhancements, budget shortfalls, and resources for the future.
The development goal for the 2009-2010 school year is $113,000. To accomplish this goal, each family is asked to make a financial commitment to the Second Century Fund. In the 2009-2010 school year, the minimum commitment requested is $300. This commitment can be met in a variety of ways:
- Grand Raffle – Purchase or sell Grand Raffle tickets for $50 each or three for $100. Whether you choose to buy or sell tickets, you will receive a $50 or $100 fund credit for tickets sold. Each ticket holder will have the opportunity to win cash prizes in multiple drawings during the year.
- Manna – Buy at least $125 per week in Manna gift cards during the school year to receive a $100 fund credit. Participating Manna locations include over 175 places where you shop regularly – grocery stores, gas stations, restaurants, popular retail stores, etc.
- Events – Support special events, which in 2009-2010 include the 5K Tailgate Trot, Trivia Night and Golf Classic. Each event fee will count towards your commitment.
- Green Pages– Buy a Green Pages listing for your business in our School Directory; various options are available.
- Donation – Make a monetary donation to fund your development fee commitment.
Parish Investment
The parish pays for approximately 25% of the school’s operating costs. This annual parish investment in the school is funded through Sunday collections from all parish families.