Investing in your child's potential is the greatest gift you can give them. By choosing St. Mary's Institute, your child is joining a storied history of accomplishment and a Catholic community that collaborates to develop our children into outstanding citizens and future leaders.
We want every child to be able to experience an SMI education-- our Admissions Office will work with you to make this possible! Let us show you how we can make SMI affordable for your family!
All it takes is one email, phone call or visit to our school to start the process. OR USE THE FORM BELOW. We can schedule a tour of the school that is convenient for you, answer questions, connect you with Parent or Student Ambassadors, or even set up a Shadow Day in one of our classrooms so you and your child can determine if SMI is right for you!
CONTACT ADMISSIONS TO SCHEDULE A TOUR
OR REQUEST ADDITIONAL INFORMATION
VALUE OF SMI EDUCATION
The actual cost to educate one student at St. Mary's Institute is $8,600 per year. We reduce student tuition from the start to make an SMI education affordable and accessible to all!
PLEASE USE OUR MONTHLY PAYMENT CALCULATOR
TO DETERMINE WHAT MONTHLY PAYMENT IS MOST AFFORDABLE FOR YOUR FAMILY!
FINANCIAL AID PROGRAM
St. Mary's Institute offers needs-based grants and scholarships to eligible new and returning students. To see if you qualify, please complete the online grant and aid application.
Questions? Contact our Admissions Office at (518) 842-4100
Please note: Our Early Childhood and Pre-K programs are ineligible for financial aid as our tuition rates are (in most cases) less than comparable daycare programs in the region. If you would like your child to experience an SMI Early Childhood education but feel it may not be within your reach, please contact our Admissions Office to discuss-- we may be able to help!
ONE-TIME ENROLLMENT FEE (NEW FAMILIES ONLY)
K-8 or Multi-Child $100 per family, non-refundable
EC & Pre-K $250 per family, non-refundable
RATE FOR 2020-2021 SCHOOL YEAR
FULL DAY EARLY CHILDHOOD (age 3)
FULL DAY PRE-KINDERGARTEN (age 4)
KINDERGARTEN (age 5)
$3,620* (Rate for child who attended SMI EC & Pre-K)
$3,920* (Rate for child who attended SMI Pre-K)
$4,620* (Rate for new student)
GRADE 1 - GRADE 8
1 student: $4,160*
2 students: $7,110*
3 students: $9,950*
4 students: $12,710*
MATERIALS, STUDENT LIFE & TECHNOLOGY FEES
(you may pay this fee outright or have it added to your tuition total)
+$480 per student
*price listed is the base cost-- financial aid, scholarship and/or grant may be available for those who qualify which may significantly reduce the total amount due.
BEACON OF HOPE SCHOLARSHIP
The Beacon of Hope Scholarship is a needs-based program open to all students in grades 1-12 who are currently enrolled in a Catholic School in the Diocese of Albany. The award is $ 1,500 per year for three years.
Awards for the Beacon of Hope Scholarship are determined by a selection committee of the Roman Catholic Diocese of Albany.
KENNETH AND THELMA LALLY PARTNERSHIP IN CATHOLIC EDUCATION
The Kenneth and Thelma Lally Partnership in Catholic Education (Lally Fund) is a financial aid program for Grade 1-12 students that are enrolled in an Albany Diocesan Elementary or Secondary school and have completed the FACTS grant & aid online process.
Only completed applications (as designated by FACTS) are included in this financial aid allocation process. This form of financial aid is strictly based on family need. The award amount is $750. The deadline is April 15.
Notification: Round 1 recipients are determined in May for the following school year. A letter is sent to all of the families receiving aid in Round 1. The letter clearly states that receipt of the scholarship is predicated on the student being enrolled in the fall at one of the Albany Diocesan schools. Eligible families that did not receive aid in Round 1 are also notified by letter and the letter states that they are still eligible for aid if funds become available in the Fall.
Verification & Round 2: In late September or early October, all Round 1 recipients in Power School. If a Round 1 recipient selects not to attend, the funds are then allocated to the next neediest eligible applicant verified as enrolled in Power School. The parent/guardian is sent a letter informing them of the financial aid awarded and the schools is sent an e-mail with the final list of Lally recipients.
GEORGE AND MARY KREMER FOUNDATION GRANT
George and Mary Kremer embraced their Catholic faith throughout their lifetimes and were faithful witnesses of Jesus Christ in generously sharing their resources with others in need. George, born in New York City, always remembered with fondness the religious women who were part of his youth. Mary was the middle child of a devout Ohio Catholic family who, despite very modest means, made Catholic education for their children a priority.
Since 1985, The George and Mary Kremer Foundation has been committed to providing Catholic elementary schools in the continental United States with tuition assistance grants for children from financially challenged families.
St. Mary's Institute is proud to partner with the George and Mary Kremer Foundation to provide a total of $10,000 in tuition grants for SMI students. To be considered for a Kremer grant, families must prove financial need by completing a free and reduced lunch form. Families that meet income guidelines will be reviewed by the school Admissions office and families will be asked to complete a grant application. As with our other scholarship programs, families should complete their application by April 1. Grant awards are a minimum of $1,000 per student.
If you feel you qualify financially for this grant program and would like to be considered for future funding, please contact the school Admissions Office at (518) 842-4100.
MAKING TUITION EVEN MORE AFFORDABLE
St. Mary's Institute is thinking outside-the-box, developing new additional ways to make tuition more affordable!
Do you have an enrolled student at SMI? Then you are eligible for this program. You will receive a code that is unique to your family. If you refer someone and they enroll in the school, you will automatically receive a $300 credit on your tuition bill. The more people you refer (who enroll) the less you pay on your own tuition bill! No limit on the number of referral credits. If the number of credits exceeds your current tuition balance, it can be carried over into the following year.
A limited number of $1,000 Continuation Grants may be available to current SMI students. Grants come with a two-year commitment. Priority is given to rising Grade 6 students, but any family in need may be considered.
Kindergarten Retention Incentive Program
Students who attend our Early Childhood & Pre-K programs and stay with us for Kindergarten will be entitled to discounted Kindergarten tuition. This program begins with the 2020-2021 school year. Discounted tuition rate is listed above in the Tuition section of this page.
Honor Roll Scholarships for New Middle School Students
New Middle school students transferring to our school from any other school may be eligible for an Honor Roll Scholarship if proof of an honor roll achievement can be provided.
An amazing Private School education IS within your reach at SMI. By making a small (or any size) downpayment, you can reduce your monthly tuition payments so it fits within your family's budget. Use our easy calculator app to make your SMI tuition payment work for you!
Please note: we divide up your tuition into 12 monthly payments. You can also opt to pay it in one lump sum, quarterly payments, or any combination that works for you!