Finance Office

The philosophy and practice of the Finance Office is to serve the school community. New or current parents who have questions regarding payment plans, credit card payments, or the crediting of payments to their account should contact Richard Puskarz, Director of Finance (860.236.4221, x112 or rpuskarz@nwcath.org) or Miriam Abate, Finance Assistant (860.236.4221, x137 or mabate@nwcath.org).

Applications for financial aid are available through the Admissions Office, and awards are also made through that office. For information on tuition loan plans, click here.

Tuition Payment and Collection

Educational Loans

Tuition and Fee Information

Tuition Payment and Collection

The NWC Finance Office will issue a monthly statement on or about the 24th of each month. All payments are due by the first of the month. There is a 15-day grace period before a $25 late fee is assessed, and a 1% per month finance charge assessed on past due balances.

Payment options:
1. Automatic withdrawal from your bank account, subject to a $2.50 installment fee; or,
2. Automatic charge to a credit card, subject to a 3% of charge installment fee.

Financing for extended terms of one year or more is available at low interest rates to qualified borrowers; click here for information from Your Tuition Solution or here for SLM Financial.

The following payment plans are available:
1. One payment in full, due July 1; full-payment discount is $250. (Contact the Finance Office to obtain the correct full-payment amount.)
2. Four payments of $3,083.75 due July 1, September 1, December 1, and March 1 (assuming first child only).
3. Budget Payment Plans (assuming first child only), due and payable on the first of each month beginning July 1. An installment fee is assessed according to the chosen payment method:
* Ten monthly payments of $1,233.50
* Eleven monthly payments of $1,121.37
* Twelve monthly payments of $1,027.92 (not available to seniors)

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Educational Loans

To enable lower monthly payments, making tuition costs more affordable and manageable, Northwest Catholic has enlisted two educational loan lenders to offer parents loan programs that feature low interest loans and extended terms to qualified borrowers. These programs help to fulfill NWC's goal to make the decision to attend an affordable and satisfying one.

Sallie Mae in the college educational loan market and Your Tuition Solution have created programs for children attending K-12 private schools. The loan rates are attractive, and repayment terms are flexible with no prepayment penalties. Depending on the creditworthiness of the borrower, for example, a Sallie Mae loan for $9,000 over a five-year period could result in a monthly payment of $178 at 7% interest. Parents currently using credit cards for extended financing may wish to consider these alternative borrowing options.

These lenders offer online applications or toll-free calling, and they respond promptly to questions of eligibility.

Sallie Mae: www.slmeducationloans.com or 1-888-272-5543

Your Tuition Solution: www.yourtuitionsolution.com

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