The tuition and composite fee for the 2018-2019 school year is due May 25, 2018.  If families can not pay the full tuition and composite fee charge by the deadline, the following three options are available:

1) FACTS AUTOMATIC PAYMENTS:  Families can divide their tuition balance into monthly payments over ten months from July 2018 through April 2019 using the FACTS payment plan. This program automatically withdraws your monthly payment from a checking or savings account. Credit cards are also accepted but there is an additional fee of 2.75% charged by FACTS to use a credit card. If you need to make monthly payments rather than paying in full, you will need to sign up by May 25, 2018. There is a $150 finance charge, which is rolled into your monthly tuition payments. Families who currently have a FACTS automatic agreement with Central Catholic High School do not need to sign up each year. The school will automatically roll over the FACTS agreement for subsequent years.

2) FACTS INVOICE: This plan offers 10 monthly payments from July 2018 through April 2019.  Families will receive a monthly invoice from FACTS by mail or email.  Families will write a check or money order and mail it to FACTS each month.  Families can also pay by phone or online.  There is a $200 finance charge to select this option, which is rolled into your monthly tuition payments.  Payments must be received by FACTS by the end of each month to avoid an additional $20 late fee per payment missed.  Families who currently have a FACTS invoice agreement with Central Catholic High School do not need to sign up each year. The school will automatically roll over the FACTS agreement for subsequent years.

3) A TUITION LOAN:  In addition to the FACTS program, parents can also apply for a loan through www.YourTuitionSolution.com. This company provides longer payment terms for those who need it. You must apply directly with them for consideration.

 

More Information about FACTS:

FACTS Tuition Management (FACTS) is the largest provider of tuition payment plans in the industry, giving students and families from educational institutions at all levels a better way to manage education costs over time. With a FACTS Tuition Payment Plan, you can choose a convenient payment option to suit your needs. Instead of one lump tuition payment, smaller payments can be made over time. There is a finance charge and this is conveniently rolled into your monthly tuition payments. The finance charge is $150 for automatic payments and $200 for invoicing.  This is significantly less than interest on loans at other financial institutions. There are two payment options listed below through FACTS. For both options, the payment period runs from July through April.

  1. FACTS Automatic Payment for a $150 finance fee:
    • If you sign up for an automatic payment plan, FACTS will deduct your tuition payments from a savings account, checking account, or apply the balance to a credit card each month. If your balance is applied to a credit card, FACTS does charge an additional convenience fee.
    • Payments can be conveniently scheduled for the 5th or 20th of each month.
    • If you wish to sign up for an automatic payment, you must do so by May 25, 2018.
  2. How to sign up for a FACTS Automatic Payment:
    • New families: Simply sign up for a payment plan right from the FACTS website at https://online.factsmgt.com/signin/3FFDW, click on “Create a username and password” and then follow the directions to create a new account.
    • Current families: Families who are already using FACTS Management for their payments to Central Catholic will need to review, sign, and date their payment agreement form AND their FACTS re-enrollment form, which will come in the mail with the financial aid information mid-February 2018.
  3. FACTS Invoice Agreement for a $200 finance fee:
    • New families: Simply sign up for a payment plan right from the FACTS website at https://online.factsmgt.com/signin/3FFDW, click on “Create a username and password” and then follow the directions to create a new account.
    • FACTS will mail an invoice to your home or email it to you on a monthly basis.
    • Payments will be due on the 5th of every month. If you wish to have your payments due on the 20th of the month, you may sign up for a FACTS Automatic Payment before May 25, 2018.
    • A late fee of $20 per missed payment is charged by FACTS.
    • Families who currently have a FACTS invoice agreement will need to review, sign, and date their payment agreement form AND their FACTS re-enrollment form, which will come in the mail with the financial aid information in mid-February 2018.

Benefits of FACTS Tuition Management

  • Convenient online payment plan sign up
  • Maintain your demographic and financial account information online
  • Receive email payment reminders before your payment is due
  • Increased affordability
  • Web-based interface for account viewing

After May 25, 2018, payments for the 2018-2019 year will no longer be accepted in the Finance Office.  A $200 finance charge will be added, and all balances due will be moved to the FACTS Tuition Management System.  Payments after May 25, 2018 are to be made to FACTS Tuition Management.

If you have questions, please contact the Financial Services Office at 419-469-8765.