Financing Tuition
It is difficult to place a "price tag" on what your daughter receives in four years at Presentation Academy. Unlike material gifts that you purchase for her, the gift of Presentation is one that will stay with her throughout her life. To borrow a phrase from a popular TV commercial, "Presentation Academy is the gift that just keeps on giving."
Three specific returns on the Gift of Presentation Academy...
- 99% of the 2008 graduates are attending post-secondary institutions
- The 92 students from the class of 2008 received a combined total of $3.3 million in college scholarships with an average per student award of $35,869
- Presentation Academy offers your daughter an innovative curriculum that includes its unique Leadership Education at Presentation (LEAP) program
Tuition
The board, administration, faculty and staff at Presentation are committed to providing you options for financing tuition.
Tuition for school year 2008-09 $8,425
10-month payment plan $842.50 per month
Freshman registration fee $150
Returning student registration fee $75
Note: Registration Fees are non-refundable
Option I: Pay in Full - About 29% of our families utilize this option. One payment of $8,255 due July 1, 2008. After July 15, a charge of $170 is automatically incurred.
Option II: 10-month Payment Plan - For those families who wish to take advantage of the 10-month payment plan starting in July and ending in April, the total tuition is $8,425 or $842.50 per month. About 71% of our families utilize this payment option.
Presentation Academy uses a tuition payment management company called FACTS. There is a separate $41 FACTS fee withdrawn with the first payment.The monthly payment will be based on the information in each family's Enrollment Agreement and will reflect the addition of certain fees and reductions for any financial assistance, grants or scholarships awarded, if applicable. Note: Our finance director is always willing to discuss your financial responsibility for regular tuition payments and, in exceptional cases, make a mutually agreeable arrangement.
Financial Assistance - Over $371,000 awarded for 2008-09
About 44% of Presentation Academy families receive some type of financial assistance. Presentation offers the following types of assistance:
- Need-Based Assistance
- Academic Excellence Scholarships
- Special Scholarships
Need-Based Financial Assistance
The average award received by students who qualified for need-based assistance for 2008-09 academic year is $2,515. Four types of need based tuition assistance are available to families that are determined eligible. They include the following:
Presentation Academy Tuition Assistance Grants
Each year Presentation offers tuition assistance grants to families that are eligible. The eligibility and amount of these grants is determined through an application form that is filed with PSAS (Private School Aid Service). These forms are available in January of each year and are obtained by contacting the business office at (502) 583-5935, ext. 102.
Archdiocesan Financial Aid
The Archdiocese of Louisville makes some tuition funds available to families who meet eligibility requirements, determined through an application form that is filed with PSAS (Private School Aid Service).
Work-Study Program
The Presentation school work-study program will allow students to work up to 140 hours during the school year and may earn up to $770* towards their tuition. Summer work study allows students to work approximately 100 hours during the summer and may earn up to $550* towards their tuition. A student may sign up to do both sessions, summer and school work study, and may earn to $1,320* towards their tuition.
*Rates are reviewed each year and are subject to change
Service Tuition Remission
Parents/guardians of eligible students can earn credit for tuition through Pres Parent Service Grants.
Need-Based Assistance - $286,812 awarded for 2008-09
How do I apply for this need-based assistance?
To receive need-based assistance for the 2009-10 school year you must complete the Private School Aid Service application form. PSAS applications are available in mid-January and are mailed to all current families as well as to incoming freshmen that have taken the placement test at Presentation Academy. You may also obtain a PSAS application by contacting the Business Office at (502) 583-5935, ext. 102 or via email Jherbert@presentationacademy.org. Please note: In order to complete the PSAS application you will need to have completed your Federal Income tax return. The PSAS forms are sent directly to PSAS.
Scholarships
Trustee Scholars
Presentation Academy recognizes incoming freshmen for their academic talents and achievements
$2,000 renewable scholarship: Offered to all freshmen with a composite score at the 98th or 99th percentile on the STS placement test
$1,000 renewable scholarship: Offered to all freshmen with a composite score at the 95th, 96th, or 97th percentile on the STS placement test.
Trustee Scholarship recipients must fulfill the following responsibilities in order to renew their scholarship each year:
- Maintain a minimum 3.4 cumulative GPA
- Write a personal letter to the Board of Trustees to acknowledge and show appreciation for the Trustees gift
- Work at least one fund-raising program per semester at Presentation
- Represent herself with the attitude, integrity and honor expected of all students at Presentation
Trustee Scholars are recognized annually at the Academic Awards Dinner held in the fall.
Special Scholarships
Several generous benefactors make various scholarships available to students. Individual donors established these awards in memory of deceased loved ones or in honor of special family members, friends or teachers. Other generous gifts from foundations fund additional scholarships. One example is:
Julia K ay Vissing'01 Memorial Scholarship - $3,000 ($1,000 a year for three years)
Family and friends of Julia Vissing, a 2001 graduate, established this scholarship in her memory. Julia greatly enriched the lives of all those she encountered while attending Presentation Academy. The Vissing family wants other young women to experience a Presentation Academy education. This scholarship is awarded to qualified incoming freshmen. Applications are given out at the High School Placement Test for all interested candidates.
Julie Kay Vissing Scholarship recipients are recognized annually at the Academic Awards Dinner held in the fall.
Scholarships - $84,093 awarded for 2008-09
How do I apply for these scholarships?
Scholarship applications are given out at the High School Placement Test held on the second Saturday of December each year. For questions pertaining to these scholarships, please contact Ruth Hans '87 at (502) 583-5935 ext. 109 or via email Rhans@PresentationAcademy.org
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