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Tuition Payments
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The W. Garfield
Weston Foundation has established a trust to assist families with financial
difficulties. The fund is being administered by the Fraser Institute
and you can apply at
http://www.childrenfirstgrants.ca/
Call toll free 1.866.924.8881 if you have any questions. |
The tuition fee structure for the 2009/2010 School Year is as follows:
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Tuition |
| 1 in Junior Kindergarten (JK) |
$2,710 |
| 1 in Senior Kindergarten (SK) |
$4,050 |
| 1 Full Time or 1 SK & 1 JK |
$6,760 |
| 1 Full Time & 1 in JK |
$8,390 |
| 1 Full Time & 1 in SK |
$9,220 |
| 2 Full Time or 1 FT & 1 SK & 1 JK |
$10,160 |
| 2 Full Time & 1 JK |
$10,680 |
| 2 Full Time & 1 SK |
$10,920 |
| 3 Full Time or 2 FT & 1 SK & 1 JK or more |
$11,300 |
A worksheet has been added to our website to help you in
calculating the cost of education at LHCS. You can either use the interactive version on the "Tuition Calculation Page" of our
website, download the Excel workbook or print a hard copy.
download the Excel workbook
(note: you will need Microsoft Excel on your computer
to open the workbook).
Interactive
Tuition Calculation page
download a hard copy of the
tuition form for printing
(note: you will need
Adobe Acrobat Reader
to open the file. Follow the links on our "Newsletter" page to download the free
Acrobat Reader).
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Payments to LHCS qualify for Charitable Tax donations after deducting a
cost per student.– estimated at $3,100*. |
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This is an example of the after tax cost of educating children at LHCS |
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The following examples are based upon a full years tuition payments and
uses the 2008/09 school
year tuition rates. |
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Number of children attending |
JK |
SK |
1 FT or 1 SK & 1 JK |
1 FT & 1 JK |
1 FT & 1 SK |
2 FT or 1 FT & 1 SK & 1 JK |
2 FT & 1 JK |
2 FT & 1SK |
3+ |
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Annual tuition |
$2,560 |
$3,830 |
$6,390 |
$7,940 |
$8,730 |
$9,620 |
$10,110 |
$10,340 |
$10,700 |
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Total cost per student for family |
$1,240 |
$1,860 |
$3,100 |
$4,340 |
$4,960 |
$6,200 |
$7,440 |
$8,060 |
$9,300 |
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Charitable Donation Receipt |
$1,320 |
$1,970 |
$3,290 |
$3,600 |
$3,770 |
$3,420 |
$2,670 |
$2,280 |
$1,400 |
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Tax savings on charitable donation at marginal tax rate of 40%** |
$528 |
$788 |
$1,316 |
$1,440 |
$1,508 |
$1,368 |
$1,068 |
$912 |
$560 |
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Actual after tax cost of education |
$2,032 |
$3,042 |
$5,074 |
$6,500 |
$7,222 |
$8,252 |
$9,042 |
$9,428 |
$10,140 |
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* The Federal Government allows parents/guardians who choose a faith-based
school for their children to use a portion of the tuition fees as a
charitable donation for income tax purposes. Through a formula, schools
calculate what the Federal Government calls the cost per student (CPS).
This figure is re-calculated each school year. The CPS is charged for each
student attending the school. The CPS is deducted from tuition fees paid
and the remainder qualifies as a charitable donation for tax purposes. |
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** Not all families are taxed at the same rate. Most families should
receive a donation credit of at least 40%. Families at the highest
marginal tax rate would receive a donation credit of 46%. |
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NOTE: the above examples are for illustrative purposes only and are not
intended to provide accounting or tax advice. Please contact your tax
advisor for specific advice or comment pertaining to your specific
situation. |
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