Line-of-Credit for Tuition through First Bank & Trust

· Lines-of-credit are financed at 9.75% APR (daily periodic rate: 0.026712). Families that have not had previous FBT accounts charged-off (or cancelled) or serious delinquencies can apply. Payments are due the first of the month, beginning July 1^st and will be payable over 10 months (July-April). Families exceeding 45 days in delinquent payments will receive an out-of-school suspension notice for their child(ren). For more information about the Immaculate Conception Parish Finance Council Non-Payment Policy, please visit our website at http://www.icschargers.org/Business Office.html.

· Application process: once your registration form has been received at our office (the gray form), your tuition total will be sent to FBT for account processing. You will be notified by email when your account is ready for you to open. Beginning with this school year, all accounts will be managed on the internet with on-line access for all account activity including activation, statements and payments. Those persons with no computer access for tuition financing should contact the Business Office immediately for alternate arrangements. Account access assistance will be available through FBT. If you need more information, please call our office.

*Lines of Credit with FBT are established for the full tuition amount due. Down payments can be made to the school to reduce the total finance amount if made prior to May 17th (cash, check or charge).