Financial Aid
Holy Child Academy offers financial aid to qualifying students. Holy Child Academy’s Financial Assistance Program is designed to strengthen the school, bring diversity to its student body, and help make an otherwise unobtainable educational opportunity affordable for deserving young people.
All financial assistance is offered on the basis of individual need and individual potential and performance. Students awarded financial assistance must show potential for excelling in their studies and enriching school life. Financial assistance is awarded without discrimination on the basis of race, color, religion, sex, or national or ethnic origin.
Parents who request financial assistance should submit an application to the School Scholarship Service in Princeton, NJ, by March 15. You may call the Business Office if you wish to obtain an application. The information from the School Scholarship Service provides the Financial Application Committee with an objective starting point for review of all requests. However, all financial aid cases are considered on an individual basis by the head of school.
Some further information about tuition and financial aid:
Scenario I: Our daughter, who will be entering first grade, is applying to Holy Child. Our taxable income is about $125,000. Do we qualify for financial aid?
Response: It is very possible. Mortgage and tax payments and the number of children in the family will be taken into consideration.
Scenario II: Our taxable income (line 41 of our 1040 form) is approximately $200,000 and we would like all three of our children to attend Holy Child. Tell us more about your sibling discount.
Response: For those with taxable income of $225,000 or less, tuition for both the second and third child is reduced to 50%. Tax returns must be submitted to the head of school.
Scenario III: Our combined family income is $75,000, and in truth, there is no money left over for tuition. Does Holy Child give full scholarships?
Response: It is very rare that a family receives aid greater than half tuition. Nevertheless, as circumstances change from year to year, we encourage those in need to apply for financial aid.
Scenario IV: We have one child in college, one in high school, and a third at Holy Child. Both of us work and our income is healthy, but we are very stretched. Might we qualify for financial aid?
Response: Tuition paid at other schools is taken into consideration when determining financial aid awards. Please contact the head of school about the procedure to follow.
