The 123’s of the QA Budget

The Truth About Tuition

Just the Facts

96% Budget Surprise! Non-Discretionary Expenses: Salaries Construction Debt Endowment Funding Archdiocesan Assessments 96%

Financial Aid Facts $275,000 Budgeted for Financial Aid in 2016/2017 $291,350 Actual Financial Aid in 2015/2016 $65,000 in Grace Scholarships $50,000 in Archdiocesan Grants $160,000 from QA Budget QA families apply and qualify annually 15% of Students Receive Financial Aid 74 students for 2016/2017 Maximum award is only 65% of tuition Poverty Level Families Receive 80%.

GRACE Scholarship Awards Spring 2016 $80,546 became available for QA Students 23 students GRACE Scholarship recipients for 2016-2017 Thank you to everyone who contributed to GRACE Scholars! Pre-register Now for your tax credit in 2017 !

QA Savings - Investments Excess of $2 Million: Capital Replacement Financial Aid (Sister Patricia Clune Fund) Degree Program Curriculum Replacement Eatz Family Fund Brennan Passons Memorial Fund (Drama, Music, Arts) Dr. Kathy Wood Fund (Technology) Catholic Foundation of North Georgia Endowment Fund

Future Planning & Savings Capital Replacement New Flooring Project cost $125,000 Replace HVAC Units/Cooling Tower 3 Year Project Technology Infrastructure and Replacement New LED Streetlights cost $125,000 QA Endowment Fund Goal is $1 Million before we benefit any income. Required Deposit: $50,000 per year budgeted expense Home and School Revenue: Budget $15,000 Covers cost for Spiritual Life, Academic Enrichment, plus. Development Fundraising Budget: $300,000 per year represents $600 per student