The first major task for the development office was the Campaign for Excellence, the building fund. In the coming months the Development office will provide information on matching gifts and annual funds. All these organizations work toward the same goal of developing and ensuring that Catholic education will be available in the future. The Catholic Schools of Fairbanks are committed to keeping tuition affordable to families and providing for families in need. In the past few years, the administration has been trying to clarify the distinction between tuition and the full cost of education.
Tuition is the price parents are asked to pay.
Full cost is what it actually costs to educate a student. A percentage of the endowment earnings is given to the schools. The remaining gains are reinvested in the fund for inflation proofing and future growth. Cost of living increases and rising costs of education will impact tuition prices annually. This is unavoidable.