Jesuit High School is partnering with First Bank and Trust for the 2020-2021 school year. First Bank and Trust offers a convenient, secure online portal to pay for or finance tuition and to apply for tuition assistance from Jesuit.
First and foremost, Jesuit strives to keep tuition at a level affordable to most families. Jesuit’s tuition is one of the least expensive among Catholic and private high schools in the New Orleans area.
Basic Tuition 2020-2021 (including most fees): $9,950.00
Basic tuition for 2019-20 was $9,750. Jesuit’s finance office mails tuition bills in the middle of June and the middle of November.
Registration Fee for New Students Only: $200 (Pay online)
This is a one-time, non-refundable fee for new students due upon their acceptance and is in addition to the basic tuition.
Tuition Payment Process
The following are some important facts about the First Bank and Trust website, which include payment options for the 2020-2021 school year.
Easy Online Sign-Up: As a first time user of the bank’s portal, parents will be required to create a User ID and password by logging into https://tuitionportal.fbtonline.com. If parents already have a User ID and password set up for another school, they may use the same login credentials to access their son’s file for Jesuit.
2020-2021 Tuition Payment Options: The FBT web portal will be programmed with the tuition of $9,950.00 for the 2020-2021 school year; the one-time, non-refundable $200.00 registration fee (for new students only); and the $375.00 fee per course for math and English enrichment (for enrichment students only – pay online). The fees for registration and summer enrichment courses may not be financed and are required to be paid upfront and online. To pay tuition, parents have the following (3) payment options on the bank’s secure portal:
Option 1 – Pay tuition in full by July 1, 2020
Option 2 – Pay tuition in (2) payment installments: due July 1 and December 1
Option 3 – Finance full or partial tuition with an FBT tuition loan
Note: For Options 1 and 2, payments may be made with a one-time bank draft (using your bank’s routing number and account number) or with a credit or debit card. There is no added fee for payments made using a bank draft; however, if parents use a credit or debit card to pay tuition for Options 1 or 2, there is a 2.99% convenience fee added to the amount being charged on the card.
Financing Option and Loan Terms (Low Interest Rate): If parents choose to finance tuition, they may set up a ten-month tuition loan no later than Wednesday, May 15, 2020. The annual percentage rate on the tuition loan for Jesuit High School is 3.0%. There is no pre-payment penalty if parents decide to pay the loan off early. In addition, there is no credit check required for the borrower(s). The ten-month tuition loan will advance on June 1, 2020, and monthly payments will start in July 2020. First Bank and Trust will assess an annual fee of $35.00 if parents choose to finance tuition. This fee is billed once the loan is funded. There is no fee to pay tuition in full using a one-time bank draft with the bank’s routing number and account number.
Convenient Automatic Payments: Those financing tuition will be required to set up automatic bank drafts for the monthly payments. Payment due dates can be the 3rd or the 15th of the month. A $25.00 fee will be assessed for any returned payment. An additional $15.00 late fee will be assessed if the returned payment results in a late payment.
Financial Aid Process
Since the founding of Jesuit High School in 1847, no qualified young man has been refused admission because his family could not afford to pay all or part of the tuition. Financial assistance is available for these families.
Beginning March 1, 2020, the First Bank and Trust portal will also open to Jesuit parents wishing to apply for tuition assistance from the school. Please note that financial aid does not apply to summer enrichment courses. There is no processing fee for the application of tuition assistance from Jesuit for the 2020-2021 school year. Additional information regarding the process, including instructions and requirements can be found on the Financial Assistance page.
Obviously it takes tremendous effort to ensure that Jesuit remains available to young men from all socio-economic strata. Jesuit flourishes because of the generosity of its alumni and its parents who recognize the value of a Jesuit education. Each year, through the Parents’ Annual Giving drive, parents voluntarily contribute the difference (the gap) between tuition and the actual cost of educating a Jesuit student. Parents give what they can afford. Alumni also help defray expenses and keep tuition affordable by their generous contributions to the Alumni Giving Drive (AGD).
For more information about tuition or financial assistance, contact Jesuit’s tuition/financial aid coordinator, Tooraj Badie at (504) 483-3845 or firstname.lastname@example.org. First Bank and Trust representatives are available to assist with the online processes at (504) 584-5967 or 1-877-426-2376.