Think you can’t afford a quality Catholic education?
Think again. Alverno Heights Academy is proud to offer Variable Tuition for the 2018-2019 school year. Tuition at Alverno is not a “One-size-fits all.” It’s a range—a range that spans from 30-90% of the full cost of education. Variable Tuition adjusts tuition rates to meet your family’s unique financial position. No family at Alverno Heights Academy pays the full cost of educating a student, which is $25,500; instead, every family already receives a grant of $5,350.
What is Variable Tuition?
Variable Tuition is a need-based tuition assistance program similar to those used by many private schools, colleges, and universities. This program allows families to apply for reduced tuition that is right for their families’ financial situation. Thus, this makes an Alverno Heights Academy education affordable to many qualified students who could not otherwise join our school community.
How Does Variable Tuition Work?
Any family (current or new) may apply for Variable Tuition if they are concerned about affording the full tuition rate at Alverno Heights Academy and they think they may qualify for the program. Many factors are considered when determining the tuition amount a family is able to pay, including income, assets, unusual expenses, and the size of the family. The resources available for the family in a given year must also be considered in light of the Variable Tuition awards available at Alverno.
An application for Variable Tuition does not affect the re-enrollment or admission process. Regardless of financial need, parents should initiate the re-enrollment or admission process as early as possible. Families may apply for Variable Tuition only after they have applied for re-enrollment or admission to the school.
It is not possible for a family or the school to estimate the tuition level for which a family qualifies without the completion of a Variable Tuition application. Applications are submitted directly to FAST, a third-party agency. FAST evaluates the application based on criteria set by the school and makes a recommendation to the school’s Variable Tuition team. Families are notified by the school about the tuition level for which they qualify.
Unfortunately, the school is not able to provide Variable Tuition to every deserving student. We work within the available resources to make the school accessible to as many students and families as possible.
Do I need to apply to Alverno Heights Academy to receive confirmation of my Variable Tuition?
Upon completion of my Variable Tuition application, when will I receive confirmation of my Variable Tuition?
Decisions will be mailed to families at the beginning of April.
What is the cost to apply for Variable Tuition?
FAST charges a $45 non-refundable application fee per application. This fee is paid entirely to FAST for the services which they provide to families. Alverno is unable to offer fee waivers for this charge.
Should every returning Alverno family submit an application for Variable Tuition?
No. Only families who feel that they may not able to pay the full tuition rate of $20,150 should submit an application.
Do I need to apply for Variable Tuition every year?
Yes. A new application must be submitted every year.
If I do not qualify for the program this year, can I apply again next year?
Yes. A family that does not qualify is welcome to reapply the following year.
I’m currently receiving scholarship aid. How does this work for Variable Tuition?
Alverno will continue to use scholarships and financial aid resources within the variable tuition program and families should still submit a FAST application.
What kind of economic situation is typical of a family who qualifies for Variable Tuition?
A wide range of families with a variety of circumstances qualify for the program, from those who are able to pay full tuition to those who require more assistance. Many factors are evaluated, including income, assets, unusual expenses, and the size of the family.
Are some families awarded full tuition?
No, not through the Variable Tuition program. Alverno will continue to offer a limited number of the merit-based Elizabeth Mahoney Scholarships to incoming students. Beyond that one scholarship, every family is required to make a financial investment in their child’s education. Our commitment to providing Variable Tuition means that we are sharing in that investment with you. No family will receive Variable Tuition that is more than they are eligible for.
Will Variable Tuition lead to larger classes?
No. The Alverno Heights Academy Board of Trustees has established maximum class sizes that cannot be surpassed. Within those limits, we will continue to accept qualified, mission-appropriate students.
What will happen to the “Sibling Discount Policy?”
Multiple students are one of the key factors in determining Variable Tuition. One of the important questions asked on the confidential Variable Tuition application relates to family size and number of students enrolled at Alverno.
Who should I contact with questions about Variable Tuition?
Questions about Variable Tuition should be directed to:
Sara A. McCarthy ’05, Director of Enrollment and Student Engagement
(626) 355-3463 x. 235