Catholic Education

An Investment in the Future

TUITION & PAYMENTS

Tuition

The tuition for the 2023-2024 academic year is $14,750. The total cost to educate a student is $18,000, with the difference offset by the Clarke Scholarship, an award granted to all admitted students. 

A $325 non-refundable registration fee is required to reserve  your child’s place in the freshman class. Registration fee for transfer students is $150.  Families must submit payment with their online enrollment. The $500 enrollment deposit is due May 1, is non-refundable and will be applied to tuition for the 2024-2025 academic year.

Tuition Billing Plans

ANNUAL PLAN

Full payment due in July.

TWO PAYMENT PLAN

Two equal payments due July and December.

MONTHLY PLAN

Eleven equal payments for freshmen, sophomores and juniors due each month, July through May. Ten equal payments for seniors due each month, July through April.

All payments are due no later than the 25th of the month. Above listed payment amounts do not include incidental charges, which may be added to your Blackbaud Tuition Management account.

FACTS

You are the owner of your tuition payment plan and are able to self-manage, view balances, change payment methods and view payment history of the account on your own. If you need assistance, the number for FACTS Customer Service is 866-441-4637. Many customer requests can be handled by you and FACTS, and do not require De La Salle Institute’s assistance.

FACTS makes quality education affordable for families by assisting schools in awarding financial aid. We work with schools to create a custom application and collect financial data so schools can make accurate award decisions based on financial need.

To apply for financial aid, visit https://online.factsmgt.com/signin/3CSZG

Para solicitar ayuda financiera visite la página web de su escuela y haga clic al enlace de FACTS. https://online.factsmgt.com/signin/3CSZG.

Tuition Payments

Tuition is billed via the FACTS Tuition Payment System. All families must enroll in FACTS, maintaining a valid payment method on the account at all times. Tuition can be paid in full, semi-annually, quarterly, or spread over the 11-month period from July to May for freshmen through juniors and 10-month period from July to April for seniors. A family will incur additional costs for  books, one-to-one technology, uniforms and meals.

Tuition covers costs common to all students. Tuition covers up to seven units of credit per year, as well as costs for counseling, laboratories, lockers, gymnasium, participation in sports, clubs and other co-curricular activities.

Tuition Payment Plan Information

Tuition collection begins in July. De La Salle Institute will finalize the terms of your tuition payment plans in FACTS in June. Please watch for a “Notice of Payment Plan Finalization” from FACTS in your email. Check the balances for accuracy and the payment plan type (monthly, quarterly, semiannual, annual) to ensure it meets your needs. As a reminder, if you selected payment in full, the entire amount of tuition will be withdrawn from your account in July. Payments in full made by July 15 receive a 2% discount.

De La Salle Institute offers three different payment plans:

  1. A one-time payment (with a 2% discount).
  2. A semi-annual payment in July and December.
  3. A 10-11-month payment plan. This installment plan requires registration, and, an annual enrollment fee. This monthly plan allows parents to spread tuition payments, interest-free, over a 10-month period for seniors and 11-month period for freshmen through juniors.

These options are fully explained when you are offered an enrollment contract.

Tuition Refund Policy

Tuition payments support faculty salaries and operating expenses for the entire academic year. Tuition payments are collected from July through April for seniors and July through May for freshmen, sophomores and juniors. If a student withdraws or is dismissed for any reason during the period from July through May, monthly tuition payments which have been made will not be refunded. If tuition payments are paid in full, or paid semi-annually, a prorated tuition payment may be refunded at the school’s discretion.

Payment Dates

If the payment date falls on a weekend or banking holiday observed by the Federal Reserve, the payment will be attempted on the following business day.  Although FACTS specifies the date each payment will occur, your financial institution determines the time of day the payment is debited to the account. Be aware that payments due on a Monday may be put on a bank hold by your bank on Friday. Payments due on a holiday will be placed on hold the day before, or the Friday before a long holiday weekend.

There are some customer requests that only the school can approve. In those cases, FACTS will direct you to contact our Business Office staff for account adjustments. We will do our best to accommodate requests but cannot guarantee that a courtesy adjustment can be made before your scheduled payment date.

Late Payment Charges

Payments are due on or before your due date. If your payment is not made by your due date, or you are carrying an outstanding balance, a Follow Up Service Fee may apply. FACTS will remind you of your upcoming payment to help you pay on time. We will also advise you when you have missed a payment to help you avoid any future fees.

A fee of $30 will be applied to your account for any failed payment processed via auto-debit, phone, web or failed check payments. Your bank may also impose additional fees.

Report cards will not be forwarded or transcripts sent until all financial obligations are met. Students with past due tuition balances may be prohibited from participating in extracurricular activities.

Seniors with past due tuition balances may be prohibited from participating in the Graduation Ceremony. All Senior balances must be paid in full by April 25.

Withdrawal

If a student withdraws, is suspended, or dismissed from school before the end of the academic year, or if the student misses classes due to absence or any other causes, the parents are responsible for the tuition for the entire quarter in which the withdrawal occurs.

Tuition payment plans begin in July for every family that paid a registration fee. Incoming freshmen families must email admissions@dls.org  to withdraw your acceptance and to close your FACTS account. Returning families please refer to the Parent Student Handbook which explains that you must notify the registrar to initiate a transfer. All balances must be paid in full to complete the student transfer.  Please carefully review the Tuition Refund Policy below.

FINANCIAL ASSISTANCE & RESPONSIBIILTY

Financial Assistance

The financial aid application for 2023-2024 school year will open October 1, 2022. Returning families must apply for financial aid every year. Priority application deadline for incoming freshmen closes on January 5, 2024 and on February 7, 2024 for returning families. Financial assistance decisions are made only on complete and verified applications. Please carefully review our financial assistance policies. Financial aid awards show as a credit in your tuition payment plan.

  • Please click here for your FACTS application. The fee is $30
  • Please submit (upload) copies of your most recent Federal tax forms, including all supporting documents.
  • FACTS Grant and Aid Assessment conducts the financial need analysis.
  • The De La Salle Institute Financial Assistance Committee reviews requests.
  • Students receiving tuition assistance must maintain a 2.5 GPA.

Who May Apply for Financial Assistance?

Anyone who has applied for admission to De La Salle Institute, plus any family whose child is currently enrolled. Financial Assistance decisions are made ONLY on completed AND verified financial assistance applications received by deadline. Late applications will be reviewed only if financial assistance dollars remain.

How Do I Apply for Financial Assistance?

De La Salle Institute requires that the family file a Parents’ Financial Statement (PFS).

Upload documentation into the FACTS system for financial aid and banking. 

The PFS must be completed online. In addition, De La Salle Institute requires a copy of the two most recent IRS 1040 tax forms and current year W-2.  All supporting documentation must be uploaded to your FACTS.

All information related to the parents’ financial circumstances will be treated confidentially. These forms will only be used to arrive at a fair determination of financial need.

How is Financial Need Determined & Awarded?

Financial need is defined as the difference between what it costs to attend De La Salle Institute and a family’s ability to pay. The Report of Family Contribution is sent to De La Salle Institute by FACTS, and it provides the school with a general assessment of a family’s ability to pay for education. Major factors in determining financial need include, but are not limited to, income, assets (including home, equity, college funds, and investments), family size, and the number of children attending tuition-charging institutions, excluding daycare, preschool and graduate school, and expenses.

De La Salle Institute utilizes FACTS to determine a family’s financial need. The Report of Family Contribution (RFC) / Ability to Pay which is computed by FACTS is reviewed by our Financial Assistance Committee and serves as a guideline in making financial aid decisions. The RFC does not bind De La Salle Institute to any specific award.

Scholarship

If your student earned a merit scholarship, that information will be communicated to you in your admission letter.  Merit scholarships show as a credit in your tuition payment plan.

Outside Scholarships and Grammar School Awards

If you have earned an outside scholarship such as a renewable Big Shoulders Fund Scholarship, HighSight, LINK, HFS, HFY, or a scholarship awarded by your grammar school, please send proof of scholarship to financialaid@dls.org as soon as possible, so that the adjustment can be made to your payment plan. These awards show as a credit in your tuition payment plan upon verification. If we do not receive a proof of scholarship from you, we have no way to know that your account should be credited.

Does Applying for Financial Assistance Influence the Admission Decision?

No. De La Salle Institute accepts students based on academic merit, test scores, and personal qualities. Financial assistance files are reviewed, and awards made, only after a student is admitted. However,  financial assistance applications must be completed by the deadline for an award to be considered.

If parents are requesting financial aid for more than one student at De La Salle Institute, are there special instructions?

Financial need is defined as the difference between what it costs to attend De La Salle Institute and a family’s ability to pay. The Report of Family Contribution is sent to De La Salle Institute by FACTS, and it provides the school with a general assessment of a family’s ability to pay for education. Major factors in determining financial need include, but are not limited to, income, assets (including home, equity, college funds, and investments), family size, and the number of children attending tuition-charging institutions, excluding daycare, preschool and graduate school, and expenses.

What happens if parents are divorced or separated?

De La Salle Institute believes that parents/guardians have an obligation to pay for the educational expenses of their children to the extent that they are able, which takes precedence over the school’s responsibility to provide financial assistance.

What if the tuition assistance award is not enough for my child to attend De La Salle Institute?

De La Salle Institute is committed to making our private, Catholic education accessible to as many families as possible using the generous budget provided for tuition assistance. However, the primary responsibility of financing a student’s private education rests with the family. Therefore, many families use a combination of financial assistance awards, loans, payment plans, and other resources to put together a financial package that is feasible for their family.

What if the tuition assistance award is not enough for my child to attend De La Salle Institute?

De La Salle Institute is committed to making our private, Catholic education accessible to as many families as possible using the generous budget provided for tuition assistance. However, the primary responsibility of financing a student’s private education rests with the family. Therefore, many families use a combination of financial assistance awards, loans, payment plans, and other resources to put together a financial package that is feasible for their family.

Is it possible to appeal the financial assistance award?

Families may appeal any De La Salle financial assistance award after May 1st. Please write to the Financial Assistance Committee explaining the reason for your appeal. Include any information that will help the committee to better understand your situation, such as detailed lists of monthly expenses or any information from the FACTS form that you wish to explain more thoroughly.