Financial Information


St. Michael School families finance a part of the school’s budget through monthly tuition payments. This amount is determined by the School Commission and the Parish Finance Committee. Payments are made through the FACTS management program. An annual renewal fee will be assessed each June. Payments can be made in one installment (by July 5), semi-annual (July and January) or on 10 or 12 month schedule with payments drawn on either the 5th or 20th of each month. Tuition for parish families is less than that for non-parish families because it is assumed that parish families are also contributing to the weekly collection at church. This collection subsidizes the school’s budget. To be considered for the parish rate you must be registered with St. Michael Parish, have a commitment card on file, and display active participation through mass attendance, tithing and volunteerism. If a family feels the tuition is a hardship and will keep them from sending their children to St. Michael School, there is tuition assistance through the parish.

 Call the School Office at 317-462-6380 for Tuition Rates

Indiana Choice Scholarship (Vouchers)

Indiana is committed to providing all children access to quality educational opportunities. Indiana's Choice Scholarship Program, commonly referred to as the voucher program, (authorized under IC 20-51-1 and IC 20-51-4(link is external)) provides scholarships to eligible Indiana students to offset tuition costs at participating schools. Students must satisfy both household income requirements and student eligibility criteria to qualify.

Participating schools and interested parents work together to enroll students and to submit Choice Scholarship applications to the Indiana Department of Education. Schools and parents should explore the links below for more information. Select the link here.

Tax Credit Scholarships (SGO)

To be eligible, a student must meet all of the following requirements:

  1. Be a resident of Indiana
  2. Registering for Kindergarten or higher grade at participating school
  3. Family is at least 200% or below the Federal Free and Reduced Lunch Income Guidelines
Household Size Household Income
1 $44,622
2 $60,088
3 $75,554

 ** Numbers are based off of adjusted gross income and are 200% of the cap for Federal Free and reduced lunch. SGOs may set their income limits lower than 200% if they so choose.

Financial Aid and Tuition Collection Policies