FINANCIAL AID APPLICATIONS FOR 2014-2015 ARE DUE NO LATER THAN APRIL 15, 2014
Saint Peter's Prep Financial Aid Mission Statement:
Saint Peter's Prep is deeply committed to making its education available to qualified students and attracting a diverse student body. We award financial aid grants based on demonstrated family financial need. The amount of financial aid is based upon the availability of funds in the given academic year's financial aid budget which is privately funded through the generosity of our donors and families.
In keeping with Catholic Social Teaching, specifically the Preferential Option for the Poor, Financial Aid is awarded primarily to families with the most financial need. Financial need is determined by the ability to meet basic needs such as food, clothing, housing, utilities, health care and employment. Applications are evaluated based on a family's financial ability to meet these basic needs.
The primary financial responsibility for a student's education rests with that student's parents or guardians. Financial aid funds are not intended to finance a student's entire tuition and should be considered supplementary to the parents' expected financial investment. Therefore, all families are expected to pay a portion of tuition expenses.
Financial Aid Appplication Deadlines:
Due to increasing demand for financial aid each year, our financial aid funds are limited and allocated quickly. As a result, there may not be any financial aid available for families whose applications are filed after the deadlines.
The application period for the 2013-2014 academic year is now closed.
Financial Aid for Academic Year 2014-2015: Applications are being accepted no earlier than February 1, 2014 and no later than April 15, 2014
Early Financial Aid Decision for the Class of 2019 only: In order to receive early financial aid notification in time for Registration Day, financial aid applications for the Class of 2019 must be submitted no earlier than November 1, 2014 and no later than November 30, 2014.
Financial Aid Application Procedure and Policies:
Need based financial aid is awarded for a period of one academic year. Families must reapply for financial aid each year the student attends Prep. Those who are interested in receiving aid need to enroll in the FAIR process of estimating financial aid. Prep cannot award aid to anyone who has not completed the FAIR process.
The FAIR website will ask applicants to provide Prep's School Code and Password. They are:
School Code: 144
FAIR's phone number is: 877-676-3247
FAIR's Fax number is 651-964-3753
The FAIR application is available through the FAIR website at www.fairapp.com.
Click here to begin the online financial aid application process.
Please contact Mr. Frederick Galano, Director of Financial Aid, at 201-547-6382 or via email at firstname.lastname@example.org if you have questions. We are here to help.
Policy for Divorced Parents
In the case of divorced parents who file for Financial Aid, each parent’s need is evaluated independently of the other’s. The tuition payment responsibility stipulated in the divorce decree is used as the basis for allocating financial aid. Unless specifically stated in the divorce decree, Prep assigns equal responsibility to each party for determining need. Therefore, if only one parent files a financial aid application, financial aid will be determined and awarded only for that portion of the tuition which is the filing parent’s tuition payment responsibility; the non filing parent will be expected to pay his or her portion of tuition in its entirety. Award amounts may be modified at any time based on current and subsequent stipulations of the divorce proceedings.
Please contact the Director of Financial Aid for clarification or questions.
Director of Financial Aid
Saint Peter's Prep
144 Grand Street
Jersey City, NJ 07302
Other financial aid opportunity:
The Scholarship Fund for Inner City Children--for families with children attending Catholic schools within the Archdiocese of Newark (Bergen, Essex, Hudson, Union County)
The Scholarship Fund for Inner-City Children invites you to apply for a partial-tuition scholarship for your child for the 2014-2015 school year. Partial-tuition scholarships are awarded based on financial need without regard to race, religion, or ethnicity.
Applications will be available starting October 1, 2013 and can be obtained by visiting www.sficnj.org. The deadline to submit your completed application is December 31, 2013.