FINANCIAL AID APPLICATIONS FOR 2015-2016 ARE DUE NO LATER THAN APRIL 15, 2015
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.
Financial Aid for Academic Year 2015-2016: Applications are being accepted no earlier than February 1, 2015 and no later than April 15, 2015
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 email@example.com 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 opportunities:
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 2015-2016 school year. Partial-tuition scholarships are awarded based on financial need without regard to race, religion, or ethnicity.
Applications can be obtained online by visiting www.sficnj.org. The deadline to submit your completed application is April 15, 2015.
Tri-County Scholarship Fund for familes who live in Morris, Sussex, or Passaic County
The Mission of Tri-County Scholarship Fund is to raise money to provide financial support to deserving and economically disadvantaged children in Morris, Passaic and Sussex counties of New Jersey, regardless of race, religion, or national origin, so they can obtain a quality, values-centered education through accredited K-12 private elementary and secondary schools.
Information for this scholarship can be obtained at : http://www.tcsfund.org/ or by calling 973-984-9600