In an effort to continue helping parents, Mount Carmel School’s board of directors recently decided to maintain current tuition levels. At the same time, the board also decided to raise employee salaries by 20 percent to make salaries more competitive.
In maintaining current tuition levels, the board recognized that issues such as immigration and austerity measures are weighing heavily on many families. In the past 20 years, the school has only twice raised tuition across the board—in 1999 and in 2009. Despite this, over the past five years, the has board approved sustainable and incremental salary increases that now add up to a 45-percent increase over that time period.
School president Galvin Deleon Guerrero applauded the decision of the board, which is led by chairman and AlumKnight Vicente Babauta.
It’s always been our goal to offer the best Catholic education possible while keeping it affordable for our parents,” Deleon Guerrero said. “By raising salaries without raising tuition, the board has demonstrated sound fiscal management that invests in our most important resource, our faculty and staff.”
To further protect families from any sudden tuition increases in the future, the board also adopted a new tuition policy. The policy sets forth clear guidelines for engaging all stakeholders in tuition discussions and requires that any changes in tuition be announced at least six months before the start of a school year in which an increase will be effectuated. The new policy also caps any tuition increase to no more than 2 percent per year.
In addition to maintaining current tuition levels, the school will also continue family discounts for families that enroll more than one child. Families with two children can avail of a $600-discount for the second child, families with three children can avail of a $1,000-discount for the third child, and families with four children can avail of a $1,500 discount for the fourth child.
To learn more about enrolling at Mount Carmel School for the upcoming 2019-2020 school year, call 234-6184 or visit www.mountcarmelsaipan.com. (PR)