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10th & Jackson • Quincy, IL • (217) 223-2479

How do you save for both Catholic school and college at the same time?

If you make the investment in parochial elementary and high school, and your kids work as hard as you, they will be in a much better position for scholarships and grants as they head for college. Students from Quincy’s Catholic schools historically receive higher ACT scores resulting in increased scholarship offers. The average graduating class from QND is offered more than $2 million in merit scholarships for college.

Colleges and universities have high regard for the work ethic, values, leadership and service along with the academic skills acquired by students in Quincy’s Catholic schools. Talk to your banker or financial planner about the best strategies to get there. Don’t allow tuition to stand in the way of making a great faith-based educational choice for your child. Contact us for a list of financial advisors who support Catholic education.

Initiatives in place to help offset the cost of tuition

Families can participate in the Gene Grawe Fund to help offset tuition. Participating families may purchase gift cards offered through many retailers. These businesses donate a percentage of the profits into the scholarship fund which is then distributed to the tuition accounts of the families participating. Relatives and friends of families can also purchase cards to generate funding. Gift cards are easily available and can be used for items that are part of the normal family budget such as groceries and gas.

Illinois residents are eligible for the Illinois Tax Credit for Private School Tuition and Fees. This tax credit provision allows parents to write off 25% of their eligible education expenses for their children, up to a maximum credit of $500. Eligible expenses include tuition, book fees, and lab fees in excess of $250. Talk to your tax advisor about this special credit.

Example tuition balance chart for QND student utilizing initiatives to offset tuition:

Tuition $4,700
Illinois Tax Credit -500*
Gene Grawe Fund -250**
New Total $3,950
*please consult your tax advisor
**amount awarded for the 2009-10 school year

QND Fee Information

Registration fee: $100 per student, due May 7, 2010, with registration.

Tuition: Cost to educate is $5,700; tuition for the 2010-11 school year is $4,700 first student, $4,600 second student and Free for the third student. Tuition is due June 30, 2010.

Course fees: Book bills can vary from $300-$500 for each student and are assessed to cover expenses such as books and special materials needed for particular courses.

Activity fee: $105 per student. Activities include: free admittance to dances, athletic events, Spring Show and free copies of the student newspaper, yearbook, student directory, photo ID, and yearly planner.

Due Dates:

Registration fee: May 7, 2010

Tuition: June 30, 2010

Course fee and Activity fee: July 31, 2010