SMA Belles are Women of Distinction 

St. Mary's Academy

Merit Scholarships and Financial Aid

SMART Aid online application is now open!
 

PROGRAM OVERVIEW

 

The purpose of the St. Mary’s Academy (SMA) Merit Scholarship & Financial Aid Program is to provide the students' families with financial support in order to provide students an opportunity for a Catholic education which might otherwise be inaccessible and to ensure the academic success of their daughters. SMA is grateful to our foundations and donors and considers their contributions as investments in the academic achievements and successes of our students.

 

Merit Scholarship & Financial Aid Program-

  • Merit Scholarship refers to funds granted based on merit, for example: academic recognition in a specific subject (math, science, arts, journalism, etc.), overall academic achievement, pursuit of a Career Path, academic qualifications based on donor designations, and other types of merit programs.
  • Financial Aid refers to funds granted based on financial need and other donor designations- this includes funds received from Catholic Education Foundation (CEF). In order to be considered for financial aid, families must apply online through SMART Aid and through CEF.

 

SMA has chosen to use SMART Aid to collect and analyze each family's financial data in order to help us make decisions for our financial aid program- the income and assets of a family are taken into account, as well as family size, extraordinary expenses, number of children attending tuition charging schools (excluding colleges/universities), number of working parents and the value of parents’ assets. Unusual family tragedy or catastrophes, such as job loss or large medical expense are taken into account.

 

Reports prepared by Smart Aid from information gathered from parents/guardians are used by the SMA Financial Aid Committee to determine financial assistance awards. Dollar amounts of awards vary depending on an applicant's needs and the limited funds available.

 

 

Current families receiving financial assistance must apply each year.

 

 

IMPORTANT DATES

 

October 25, 2017

 

 SMA Financial Aid Workshop- CEF and SMART Aid for prospective families in the GYM from 6:00p.m. - 7:30p.m. Attendance at this meeting is required to receive a CEF on-site processing appointment. Returning families who are unable to attend the October 30th workshop, may attend the October 25th workshop.

 

 October 30, 2017

 

SMA Financial Aid Workshop- CEF and SMART Aid for returning families in the GYM from 6:00p.m. - 7:30p.m. Attendance at this meeting is required to receive a CEF on-site processing appointment.

 

 November 1, 2017

           

        Smart Aid online application opens.

 

November 9, 2017

           

Catholic Education Foundation Financial Aid On-site Application Processing from 1:00p.m.- 8:00p.m. in the Development Office.

 

December 8, 2017

           

Online due date for SMART Aid financial aid application AND deadline for submitting a MAIL-IN CEF application to SMA (if you missed the on-site processing date).

 

March 2, 2018

           

Financial aid award letters are mailed to returning students and incoming freshmen along with acceptance letters.

 

 April 13, 2018

           

Response by admitted and returning students must be received by April 13 or the merit scholarship and financial aid awarded will be rescinded and given to another student.

 

 

HOW TO APPLY

 

SMART AID FINANCIAL AID ONLINE APPLICATION

 

The online Smart Aid application for prospective and returning students must be submitted on, or before, December 8, 2017. CLICK HERE for Smart Aid for Parents.

Create a Smart Aid account to complete your online application, upload the required documentation, and pay a $35 non-refundable processing fee online via credit card.

 

School ID: 11862

 

Required Supporting Documentation

 

  • Two paystubs for all current employment
  • 2016 W-2 forms for all employment
  • 2016 filed tax return: 1040, 1040A, 1040EZ with all schedules which shows student as dependent (if married couple filing separately, a copy of each return is required)
    • Business (Form 1040, Line 12 – Submit Schedule C or C-EZ: Page 1, 2 & Other Expense Page)
    • Capital Gains (Form 1040, Line 13 – Submit Schedule D)
    • Rental Property, Partnership, Trust (Form 1040, Line 17 – Submit Schedule E: Page 1 & 2)
    • S-Corporation (Form 1040, Line 17 – Submit Schedule E: Page 2, Form 1120S)
    • Farm Income (Form 1040, Line 18 – Submit Schedule F: Page 1)
  • 2016 filed business tax return: 1120, 1120S, 1065 (if applicable)
  • Supplemental income documentation: Social Security Income, CalWORKS: Welfare/TANF, Child Support, CalFresh: Food Stamps, Workers Compensation,   Disability, Alimony, Section 8: Public Housing, etc.
  • For Cash Income, please provide CEF Notarized Statement of Income form signed and sealed by a Public Notary verifying income.

 

CLICK HERE for Smart Aid online instructions.

 

 

CATHOLIC EDUCATION FOUNDATION (CEF) FINANCIAL AID PROGRAM

 

Students' families are encouraged to apply for the CEF Financial Aid Program by submitting a completed CEF application  for Tuition Assistance Program (TAP) at the on-site processing at St. Mary's Academy on Thursday, November 9, 2017.

 
Required Supporting Documentation

 

  • Same required supporting documentation from above.

           

CLICK HERE for CEF application for Tuition Assistance Program (TAP).


For returning and new families who want to be considered for CEF funding and missed the CEF on-site processing on November 9, 2017, the  deadline for submitting a MAIL-IN application to SMA is Friday, December 8, 2017.

 

CLICK HERE for CEF Mail-in instructions.

 

 

MERIT SCHOLARSHIP & FINANCIAL AID PROBATION

 

Students who receive Merit Scholarship awards must adhere to the requirements as outlined below:

  1. For entering 9th grade students: complete High School Placement Test on-site at St. Mary's Academy; and
  2. Satisfactory Academic Standing with a GPA of 3.5 or above; and
  3. Satisfactory Disciplinary Standing reflected by good citizenship grades (no                                  unsatisfactory marks and not more than one Needs Improvement); and
  4. Satisfactory Behavior Standing as outlined in student handbook and not on continuous Disciplinary Probation for more than a semester.

 Students who receive Financial Aid awards must adhere to the requirements as outlined below:

  1. Satisfactory Academic Standing with a GPA of 2.0 or above; and
  2. Not on Academic Probation for more than one semester; and
  3. Satisfactory Disciplinary Standing reflected by good citizenship grades (no                                         unsatisfactory)
  4. Satisfactory Behavior Standing as outlined in student handbook and not on continuous Disciplinary Probation for more than a semester.

 Students risk the loss of financial aid if they do not adhere to the requirements outlined above.

 

 

If you have questions about the financial aid process, please contact Velda Lewis by email at vlewis@smabelles.org or by phone at 310.674.8470 ext. 205.

 

 

 

Confidentiality Statement
St. Mary's Academy maintains confidential financial aid records for all applicants. These records are reviewed by the Financial Aid Committee. All financial aid awards are confidential agreements between the recipient family and the school, and families should not discuss financial aid with anyone other than a member of the Financial Aid Committee. Awards can be withdrawn for breach of this expectation.