Financial Aid & Scholarships

 The purpose of the St. Mary’s Academy Financial Aid Program is to offer students’ families with financial support in order to provide students the opportunity for a Catholic education which might otherwise be inaccessible, and to ensure the academic success of their daughters.

 

Financial Aid falls under two categories: merit (based on a student’s academic performance) and need (based on the financial situation of the student’s family) Eligible students may receive both merit and need-based assistance.

MERIT

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 specific donor designations, and other types of merit programs.

NEED-BASED

Refers to funds granted based on financial need and other specific donor designations. This includes funds received from Catholic Education Foundation (CEF). In order to be considered for need-based financial aid, families must apply online through FACTS Grant & Aid Assessment, and through CEF annually.


 

St. Mary’s Academy works with FACTS Grant & Aid Assessment to administer our financial aid program. There will be an application fee of $35.

Click Here to enter the FACTS Grant & Aid Process

Please note that the application deadline for need-based aid is December 18, 2019 for the Class of 2024; applying early allows us the opportunity to provide a decision regarding aid prior to the March 2020 registration deadline.

Transfer students should apply for aid no later than May 15, 2020.

Merit Scholarships

St. Mary’s Academy offers academic scholarships to incoming 9th grade students based on merit; not financial need. To be considered for a merit scholarship, applicants must take the High School Placement Test (HSPT) on-site at St. Mary’s Academy. A committee headed by the Principal will then oversee the selection and awarding process. Merit scholarships are awarded annually. Requirements for maintaining merit scholarships include earning a 3.0 or above GPA and following SMA’s high standards of conduct.

Onward Scholars

Be part of Onward Scholars at SMA-Cohort III, Blue Ties Class of 2024. Effective Fall 2020, scholarships to cover 75% of SMA tuition are available through the Onward Scholars program. For information on prerequisites and how to apply, click here.

 

 

Families receiving financial assistance must apply each year.

 

 

IMPORTANT DATES

oct 23 icon 

FACTS Grant & Aid Assessment online application opens.

 

SMA Financial Aid Workshop- CEF and FACTS Grant & Aid for returning  families in Room 107-109 from 6:30PM-7:30PM. Attendance at this meeting is required to receive a CEF on-site  processing appointment.

 oct 30 icon

 

Open House & High School Information Night

5:00PM-6:00PM (tours), 6:00PM-8:00PM (program)       

(includes scheduling of CEF processing appointments, an explanation of the SMA application process, an overview of SMA scholarships and need-based financial aid, and information on the interpretation and use of HSPT scores)

 

 nov 6 icon

 

Catholic Education Foundation Financial Aid

On-site Application Processing

12:00PM-7:45PM in the Development Office (by appointment only) 

 

 

 dec 17 icon

 

Priority consideration deadline for SMA, FACTS Grant & Aid application and CEF application
Submit completed SMA Admission Application, $75 application fee (non-refundable) fee, personal insight essay, Career Path essay (if applicable), FACTS Grant & Aid application and CEF Financial Aid Application with supporting documents to St. Mary’s Academy.

 

 march 1 icon

 

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

 

 

 

 march 4- 18 icon

 

Early Bird commitment Days 

 

 

 

 april 12 icon

 

Response by admitted and returning students must be received by  April 22 or the merit scholarship and financial aid awarded will be rescinded  and given to another student.