St. Matthew School’s 2017-2018 Tuition Scale

Dear Parents and Guardians:

The Board of Education has finalized the school budget for the 2017 – 2018 school year.

  • Tuition income of $720,165
  • Parish subsidy of $316,898
  • Total expenses of $1,037,0633
  • Our enrollment K-5 is projected at 163.
  • The total cost to educate a child going to St. Matthew School will be $6,362
  • St. Matthew Parish is subsidizing 47% of a student’s tuition cost at St. Matthew School or $2,967 per single child.  We would like to thank the parishioners of St. Matthew Church for their generous support to the school.
  • Tuition for a single child for the 2017-2018 school year will be $3,395 an increase of $100 with no multi-child discount.

St. Matthew School 2017 Tuition Scale

Single Student Tuition K-5              $ 3,395

Out-of-Parish Tuition                      $ 5,000

Alternative Kindergarten                   $ 2,175

 2017 Total Cost/Student                     $ 6,362

2017 Parish Financial Help                 $ 2,967

2017 Single Student Tuition               $ 3,395

 

Tuition Assistance

Tuition assistance is available through these sources:

  1. Tuition Assistance InformationSCHOOL TUITION ORGANIZATION (STO)FACTS tuition assistance through the Diocese of Dubuque is available to all students.  St. Matthew School is a member of the Our Faith, Our Children, Our Future School Tuition Organization (STO).  The STO offers tuition assistance to families based upon their identified financial need and the amount of money available in the program, as determined by FACTS.  Those families whose income is at or below 300% of the federal poverty level qualify for assistance through this program.

    PAST                    2007-2016       Received $737,780     Helped 639 Students

    Present                2016-2017       Received $ 80,513      Helped 45 Students

        ST. MATTHEW SCHOOL ASSISTANCE

    St. Matthew School is committed to making sure Catholic education is available to all parishioners.  St. Matthew School offers tuition assistance in addition to the STO assistance.  To apply for tuition assistance you need to fill out the FACTS online form at online.factsmgt.com/aid.  St. Matthew School encourages you to apply even if you question your ability to qualify.

        TRANSPORTATION REIMBURSEMENT

    Parents of children attending St. Matthew School may be reimbursed for at least part of their transportation costs.  If a student does not take a bus to school and lives 2 miles or more from St. Matthew School they may be entitled to reimbursement from the school district.  Claims must be filed by December 1st and May 1st. St. Matthew School sends these claim forms home in November and April.

    ARCHDIOCESE EDUCATIONAL DEVELOPMENT FUND 

    The Board of Education and Faith Formation of St. Matthew Parish in 2016 was the recipient of $6,977.25  grant awarded from the Educational Development Fund of the Archdiocese of Dubuque for the purpose of providing tuition assistance to those families who can least afford the cost of a Catholic school education.

    STATE OF IOWA TUITION TAX CREDIT

    A tuition credit equal to 25% of the first $1,000 paid for tuition and textbooks for each student is offered by the state of Iowa.  This credit directly reduces your Iowa tax liability by up to $250.  For example, if you pay $1,000 toward your student’s St. Matthew School tuition bill in the fall of 2016, you can then deduct $250 from your 2016 Iowa tax liability.  This effectively provides $250 toward your student’s education at St. Matthew School.  Each January, St. Matthew School provides you with a tuition statement to remind you of this credit and to help you keep track of your payments.

    IMMACULATE CONCEPTION PARISH ASSISTANCE

    Immaculate Conception Parish has tuition assistance for parish members who send their children to St. Matthew School.