Our Financial Model
“Because thou hast been faithful over a few things, I will place thee over many things: enter thou into the joy of thy lord.” —Mt 25:21
We don’t do tuition like other colleges. Focusing on reducing costs and offering a trajectory that includes students earning income as part of their education, we not only promise a loan free graduation, but make possible a net positive departure from our school.
San Damiano Student expenses vs. student earnings
San Damiano vs. average cost of other degrees
How will I Pay?
We follow a pay-as-you-earn model: your payments begin lower to match your earnings. The Total cost for attendance is $25,000 per year, including tuition and room and board. As your wage and hours increase, you pay a greater part of the total education cost, which is distributed proportionately across your three years. An example payment scenario is below.
Year 1
Pre-matriculation summer earnings payment:
$5,000
1st Academic year payments:
$1,150 per month
Total 1st year payments:
$15,350
Year 2
Summer earnings payment:
$10,000
2nd Academic year payments:
$1,425 per month
Total 2nd year payments:
$22,825
Year 3
Summer earnings payment:
$12,000
3rd Academic year payments:
$2,758 per month
Total 3rd year payments:
$36,825
Total Cost of Attendance & Earnings Summary
Total Cost of attendance: $75,000 ($25,000 per year)
Total projected earnings: $80,400
Net gain by graduation: $5,400.
Our Tuition vs. 4 year Newman Guide Colleges
Primed for Progress
Since trades are combined with a curriculum involving humanities, logic, and other liberal arts, San Damiano primes its students to be able to work in positions of oversight as well as on-the-ground tradesmen. With their general building skills, specialized knowledge of a particular trade, and liberal arts formation, they have a high likelihood of being promoted in companies to higher-paying roles such as foreman, manager, or sales and estimation.
Optimized for Ownership
Such skills that enable excellence in management positions also equip our graduates with the skills necessary to start, run, and own their own companies—whether that’s just themselves or a multi-employee venture!
Nation-wide average earnings for some of our primary tracks
“San Damiano College comes at the right time, when families are seeking alternatives to overpriced schools that neither pass on the Catholic Faith nor equip their graduates with useful skills on which to base a healthy family life. The combination of a sound liberal arts curriculum and practical goals makes this school a very attractive option.”
