Tuition Saver Account

Let Ohio Catholic help you plan and pay for a Catholic education. One of Ohio Catholic’s goals is to promote Catholic education by providing a variety of programs and services that will directly support the choice of a Catholic education. The Tuition Saver Account pays a higher interest rate than a standard savings account and matches deposits for special Catholic Milestone Events.

Tuition Saver Dividend Rate Chart

Amount in Tuition Saver Account	Special Tuition Saver Dividend Rates
$25-$500	Standard Savings Rate +.75% APY*
$501-$1000	Standard Savings Rate +.50% APY*
$1,001 & Up	= to Money Market rates

*APY = Annual Percentage Yield

Review our Current Savings Account Rates

Saving Calculators

How the Tuition Saver Program Works

Account is opened as a joint account with child as the primary account holder and parent as the secondary account holder or as a custodial account
Primary account holder must be under the age of 18 to open a Tuition Saver Account
A $25 initial deposit is required to open account
Dividend rate is paid monthly on average daily balance of $25 or more
Matching deposit funds up to $20 for the first deposit made to the account with a Sacramental certificate are available within the first 60 days* after the child receives any of the following Sacraments:
- Baptism
- First Communion
- Confirmation
  * Ohio Catholic will have opportunities throughout the year where the conditional 60-day period is waived.
A hold equal to the amount of any matching deposit funds will be placed on the account until a qualifying withdrawal is made
Withdrawals may be made at any time for a qualified distribution
- Qualified Distributions are the following:
  - Check made payable to a Catholic Grade School or High School
  - Check made payable to a College, University or Trade School
Matching deposit funds will be forfeited if all or any portion of the funds are withdrawn for any non-qualified distribution
Any account that is closed within 180 days will incur the standard account closure fee (See Fee Schedule)
Transfers may be made at any time to an Ohio Catholic Share Certificate Account without penalties or forfeiture of rewards

Smart Money Tip – Remind relatives for Christmas, Birthdays, and Special Catholic Milestone Events, that they can help provide a quality Catholic education for the child they love by contributing to the child’s Tuition Saver Account at any Ohio Catholic branch.