The intention of the Tuition Policy is to consider both the financial commitments of the parents and the financial requirements of the school. Tuition alone does not cover the cost of educating a student for a school year.
There are two categories of tuition rates for students. The rates do NOT include the annual family registration fee of $325 (for grades K-8)*:
Number of Children at OLV | Tuition (Kindergarten-Grade 8) |
---|---|
1 Child | $6,434 |
2 Children | $12,230 |
3 Children | $17,387 |
4 Children | $21,267 |
Number of Children at OLV | Tuition (Kindergarten-Grade 8) |
---|---|
1 Child | $7,556 |
2 Children | $14,736 |
3 Children | $21,541 |
4 Children | $27,595 |
Half Day Option | Full Day Option | |
Three-Year-Old (Tu, Th) |
$2,600 | $3,015 |
Four-Year-Old (M, W, F) |
$3,426 | $4,963 |
Young 5s (M - F / 5 Days) |
N/A | $6,384 |
All families are required to set up a FACTS Tuition Management account and will have the option to make payments through automatic deduction (ACH) or by credit card. Each year families must update their accounts during the registration process to ensure that their information is current and the payment information and options are correct.
Our Lady of Victory offers three tuition payment options, all of which are administered through FACTS (one enrollment per family):
Assistance is available for families in need through two programs: the Archdiocese of Detroit Tuition Assistance Program and Our Lady of Victory Tuition Assistance Program. To be considered for assistance from one or both programs, parents must submit the FACTS Student Grant & Aid Form found https://online.factsmgt.com/signin/3YJ55. The form can only be completed online and there is a $30 online application fee.
It is imperative that you have the FACTS application and all supporting documents in by the deadline date of April 28, 2023, in order to be eligible for one of the three tiers of the Archdiocese Tuition Assistance Program. This year, the award amounts per tier are Tier I: $1,100; Tier II: $950; and Tier III: $800. Round two applications will be accepted, but you will only be eligible for Tier III, which is $800 per student.
Be sure to complete the two additional questions on the FACTS application form if you would like to be considered for Our Lady Victory tuition assistance. The same deadline of April 28, 2023 applies. Award notices will be emailed in July 2023.
The Archdiocesan Tuition Assistance Program for the 2023-24 academic year begins on January 22. Deadlines to apply are April 28, 2023 for the first round of awards, and June 30, 2023 for the second round of awards.
More information about the program can be found here and in the Parent Information document linked there (available in both English and Spanish).