FACTS Information
FACTS Tuition Management:
FACTS is the tuition management service most widely used by private and faith-based schools nationwide. Since 1986, they have grown to serve more than 3,000 schools and have processed payments for more than two million families.
FACTS allows parents four options for tuition payment.
OPTION 1 - A single payment due on or before July 1st, which will entitles the responsible party to a $50.00 discount.
OPTION 2 - 10 Monthly payments beginning in July. Automatic bank payments through either checking or savings accounts may be made on either the 5th or the 20th of each month. A $38.00 annual FACTS enrollment fee will be charged.
OPTION 3 - 10 Monthly payments with FACTS invoice. Parent elect to pay via FACTS invoice program. An invoice will be mailed the 10th of each month with payments dues the 1st of the following month and successive months. The FACTS annual enrollments fee is $45.00.
OPTION 4 - 10 Monthly payments with credit card. Parents may pay using American Express, Master Card or Discover. In addition to the annual FACTS fee of $38.00, there will be a convenience fee (2.5%) for each payment. You will be provided with a toll free number to establish this account.
St. Michael's has just started using FACTS for this 2006-2007 school year. Parents who need more information about FACTS can contact the Parish Office for the necessary paperwork or a brochure for additional information about the programs.
Script credit is still given toward tuition payments. Be sure to check out the script certificates available for both local and nationwide retailers.