Call to Action

Tuition and Scholarship

Tuition
Tuition rates for the 2016-2017 school year are as follows:

 

Annual Tuition

2016-2017

10 Month Plan

Paid July 1st-April 30th

12 Month Plan

Paid July 1st – June 30th

Active Parishioner Rate $6,700 $670 per month $558.34 per month
General Community Rate $8,100 $810 per month $675 per month

Please know that we are sensitive to the fact that tuition impacts a family’s budget. To help manage this expense across the year, we will offer two options for monthly payments. Due to the automated features of FACTS Tuition Management, there will be a 12 month tuition payment option in addition to the 10 month plan. Given these options, the total tuition will be divided over the number of months you choose. The first tuition payment for either payment plan will begin July 1st, 2016.

Tuition includes all books and fees except the annual registration fee.

The Catholic tuition rate is only given to active parishioners. The pastor will determine which families are active; factors which the pastor may consider include:

  • regular attendance at Mass;
  • use of the envelope system;
  • involvement in parish ministry (for example, lector, usher, Eucharist Minister, special parish projects, etc.); and
  • registered for at least one year.

Financial Aid Application
must be completed for each family applying for financial aid. The online application must be submitted no later than March 15, 2016. To apply for financial aid, click on this link: FACTS and create an account .

For information regarding
financial aid, please contact our bookkeeper at FINANCIALAID@ANNUNCIATIONACADEMY.ORG.

Step Up for Students
Step Up For Students provides K-12 scholarships for low-income school children. Does your family qualify for the free or reduced lunch program? If so, you may qualify for this program too. Students who qualify may receive more than $4,000 for private school tuition. Please click here to learn more.

StepUpforStudents

 

 

Scholarship
Annunciation Catholic Academy Endowment and Charitable Trust
The Annunciation Catholic Academy Endowment and Charitable Trust has been established with the Catholic Diocese of Orlando to ensure that our parish school maintains a margin of long term excellence in its facilities, equipment, curriculum and programs that tuition revenues alone may not be able to support. Specifically, the Trust seeks to assist the school in achieving the following objectives:

A. Tuition Assistance: The Annunciation Catholic Academy School Board has established the goal of providing up to 50% tuition assistance for 15% of the students attending the Academy. It is the intention of this goal to provide cultural and economic diversity among the student body and to increase the accessibility of Catholic education to a broader base of parishioners. All requests for financial assistance are processed by an independent advisory company.

B. Continuing Education for Faculty & Administrators: In order to recruit and retain excellent faculty and administrative staff members, Annunciation Catholic Academy intends to initiate programs of continuing education to foster professional growth for its faculty and staff members. The programs will range from “in-service” workshops held within the Diocese to formal degree course work at area colleges and universities.

C. Technology and Curriculum Enhancements: Educating children to live their faith in a global, technological society requires a considerable investment of resources. Keeping pace with new developments in technology and curriculum cannot be absorbed into reasonable annual tuition fees. Maintaining the Academy’s position as a model of effective technology integration for cognitive and academic purposes is essential for the school to continue its commitment to excellence in all areas.

About the Trust…
The Annunciation Catholic Academy Endowment and Charitable Trust establishes two funds: (1) a general operating account where contributed funds may be dispersed on an annual basis to meet tuition assistance and other current educational needs; (2) an endowment fund which specifies that the corpus cannot be invaded and only the interest earned thereon can be used for approved expenditures. Unless otherwise specified, funds contributed to the Trust will be deposited into the general operating account where current needs will be met. All residual funds will then be transferred to the endowment fund for long term investment.

Funds contributed to the Trust are managed for Annunciation Catholic Academy by professional money market managers who are evaluated and rated by professional investment advisors on a quarterly basis. The Trustees follow a sophisticated and diverse investment strategy in an effort to achieve financial returns consistent with the Trust’s objectives. All funds contributed to the Trust are tax deductible.

We may not be able to live forever, but naming the Annunciation Catholic Academy Endowment and Charitable Trust as a beneficiary in a will, insurance policy or trust will enrich the lives of untold generations of students through future endowments. The bequest can even be held in trust to benefit a spouse or family member and thereafter be used to carry out the interest of the donor whether in tuition assistance, faculty and staff development and curriculum enhancement.

Bequests offer the opportunity to give now while paying later. Charitable trusts provide an annual income to the donor, while offering a charitable deduction and reducing capital gains taxes. Estate taxes can be reduced through planned giving. Charitable trusts, life insurance, appreciated assets, annuities and bequests provide excellent vehicles for giving a larger gift while preserving current income. The Development Office of Annunciation Catholic Academy would welcome the opportunity to discuss the many options available.

For more information concerning special bequests, please contact Very Rev. Stephen D. Parkes, V.F. or Patricia L. Kahle, who will arrange a private and confidential meeting with the appropriate development officer.

All donors to the Trust will be included on the school’s mailing list and will be sent an annual report detailing the activities of the Trust.

If you wish to be a partner with Annunciation Catholic Academy in fostering education excellence within the Annunciation parish community, we hope you will become an active supporter of the Annunciation Catholic Academy Endowment and Charitable Trust.. If you have any questions or need additional information, please contact:

Very Rev. Stephen D. Parkes, V.F., Pastor
Annunciation Catholic Church
P.O. Box 3846, Longwood, FL 32779
407-869-9472
or
Patricia L. Kahle, Principal
Annunciation Catholic Academy
593 Jamestown Blvd., Altamonte Springs, FL 32714
407-774-2801

An application for tuition assistance can be obtained from the school’s bookkeeper at FINANCIALAID@ANNUNCIATIONACADEMY.ORG.  The Financial Aid Application must be completed for each family applying for financial aid.

593 Jamestown Blvd., Altamonte Spring, FL 32714   •   407-774-2801