QND Tuition Information and Financial Assistance
Qualified Financial Assistance Program
The QND Foundation manages over 175 financial assistance scholarships benefitting QND students. More than $300,000 in financial aid was awarded to 35% of QND students for the 2021-22 school year.
Example tuition balance chart for QND student utilizing initiatives to offset tuition:
|Qualified Financial Assistance||-2,410 (max. award)||-602 (min. award)|
|Gene Grawe Fund||-731*||-731*|
|IL K-12 Education Expense Credit||-653**||-750**|
*2022-23 average award from GGF (www.genegrawefund.org)
**Illinois residents only. Please consult your tax advisor. You will be allowed 25 percent of your student(s) qualified education out-of-pocket expenses after the first $250. Your total credit may not exceed $750.
QND Fee Information 2022-23 School Year
Registration fee: $100 per student, due at registration (nonrefundable)
Technology fee: $150 per student, due at registration (nonrefundable)
Tuition: $6,025 first student, $5,925 second student.
Resource fees: Assessed for each student to cover expenses such as apps, books and special materials needed for particular courses, guidance, and retreat costs. Also includes student activities: free admittance to athletic events; free copies of the student newspaper, yearbook, student directory, photo ID, and yearly planner.
2021-22 School Year fees: Freshman fee - $487, Sophomore fee - $472, Junior fee - $512, and Senior fee - $572
Extracurricular fees vary by activity and sport.
Registration and Technology fee: upon registration
FACTS (for financial assistance) due date: March 31, 2023
Tuition: June 29, 2023
Resource Fee: July 27, 2023 (can be paid with tuition on June 30)
Initiatives in place to help offset the cost of tuition:
Qualified Financial Assistance Program - Click here for online FACTS Application
The QND Foundation manages over 165 financial assistance scholarships benefitting QND students. More than$300,000 in financial aid was awarded to 35% of QND students last year.
To ensure impartiality and sensitivity to privacy, QND employs FACTS Grant and Aid Assessment, an independent, third party company that conducts financial analysis, to determine your family’s financial need. Recommended amounts (up to 40% of tuition) are awarded based on demonstrated need.
The same application can be used for the Quincy Catholic Elementary Schools – Blessed Sacrament, St. Dominic, St. Francis and St. Peter. (When selecting multiple schools, search by Quincy, IL for complete QCES listing.) There is a one-time non-refundable application fee per family. FACTS accepts all major Credit Cards (Visa, Master Card, American Express, Discover).
Depending on your application some or all of the following documents may be required:
- Copy of your most recent IRS Federal Form 1040, 1040A or 1040-EZ U.S. Individual Income Tax Return. If applicant and co-applicant file separately, we require both tax returns for the same tax year.
- Copies of all your most recent W-2 Wage and Tax Statements for both the applicant and co-applicant.
Please Note: If you are applying before you have received all the 2021 W-2 Wage and Tax Statements, please submit them as soon as they become available.
Illinois residents are eligible for the Illinois K-12 Education Expense 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 $750. Eligible expenses include tuition, book fees, and lab fees in excess of $250. Talk to your tax advisor about this special credit.
Gene Grawe Fund
All 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 2% 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. For more information, email JoAnn Witte at Info@GeneGraweFund.org or visit the Gene Grawe Fund website at GeneGraweFund.org.
Education loans are available for Quincy Notre Dame High School. A local bank is designated to provide families with 10 monthly payments for tuition at a competitive interest rate.
Other ways to save for tuition:
Tax Law Changes for 529 Plans: The tax reform bill signed into law on December 22, 2017 includes several provisions related to 529 plans. The provisions are:
- Expanded Qualified Higher Education Expenses
Effective for distributions made after December 31, 2017, the definition of Qualified Higher Education Expenses under the Internal Revenue Code of 1986, as amended (the “Code”) is expanded to include:
- expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school.
The amount of cash distributions from all qualified tuition programs with respect to a beneficiary during any taxable year shall, in the aggregate, include not more than $10,000 in expenses for tuition incurred during the taxable year in connection with the enrollment or attendance of the beneficiary as an elementary or secondary public, private, or religious school student.
At this time, it has not yet been determined whether and how the Illinois statute that establishes the Plan may be modified to include this expanded definition. You should consult your tax advisor regarding your individual situation.
Coverdell Education Savings Account is tax exempt when used for qualified education expenses including primary school and college. There is a maximum of $2,000 annual contribution limit. If the money is not used for parochial school, it can be used to help fund college. Money can be contributed to the account throughout the year, so birthday, holiday and sacramental gifts can help build a fund for your child’s education. Many parents begin this process at Baptism. Friends and family members may also contribute to the fund at any time.
Make saving a part of your child’s education at an early age. If your child helps out around the house for an allowance or assists neighbors with yard work, think about asking them to put a portion into a savings account for their education. Many older students work part-time to help pay for tuition. Every amount invested compounds over time. Your child will experience a personal investment and value their education more because they were directly involved with its financing.
Many planning tools and initiatives are available today to make Catholic education affordable. The most important principle is setting goals in a way that lets time work in your favor. With time and commitment, the financial goal of sending your child through Catholic schools can be met. We encourage you to talk to us to explore the best financial solutions that match your family’s needs.