Catholic schools and financial aid?

[Anonymous]

Does anyone have any information on what your financial situation have to be to qualify for financial aid in the Arlington diocese?

[Anonymous]

Isn't it parish specific based off parish membership.

I know our parish offers financial aide but your family must be an active member of the parish.

[Anonymous]

Anonymous wrote:Does anyone have any information on what your financial situation have to be to qualify for financial aid in the Arlington diocese?

Elementary or HS?

[Anonymous]

Both Gergetown Prep and Gonzaga offer financial aid. You have to apply using the standard financial application

[Anonymous]

Anonymous wrote:Both Gergetown Prep and Gonzaga offer financial aid. You have to apply using the standard financial application

All Catholic schools do. It's part of their mission.

[Anonymous]

Does anyone know what the debt/income ratio has to be with these formulas?

[Anonymous]

Anonymous wrote:Does anyone know what the debt/income ratio has to be with these formulas?

Keep in mind, there's only a single pot of money, the Financial Aid budget. When they distribute that, it's all gone. There isn't another pot of money somewhere.

The schools will distribute the aid to get the maximum benefit to the school based on their priorities.

This isn't a Government program where the money is given out based on a formula.

[Anonymous]

Anonymous wrote:Does anyone know what the debt/income ratio has to be with these formulas?

It's not really that clear cut. Schools have X amount of financial aid to distribute. How they distribute that will depend on the applications in any given year and the schools priorities. Almost all schools will prioritize current families (both those who currently receive financial aid and those that have had a change in family circumstances that now require aid), then active parishioners assuming it's a parish grade school. Beyond that, they may use financial aid to diversify the student body in some way, to help out a family with a unique circumstance, to assist local families who are in parishes without schools, etc., etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Does anyone know what the debt/income ratio has to be with these formulas?

Keep in mind, there's only a single pot of money, the Financial Aid budget. When they distribute that, it's all gone. There isn't another pot of money somewhere.

The schools will distribute the aid to get the maximum benefit to the school based on their priorities.

This isn't a Government program where the money is given out based on a formula.

That is not true.

There is money the archdiocese give. There is more money that each school gives. There are also personal scholarships individuals give.

[Anonymous]

It's intentionally murky. No stats every provided from the schools that I know of. Unless someone posts with their specific income and FA award, I don't think there is any resource to find this.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does anyone know what the debt/income ratio has to be with these formulas?

Keep in mind, there's only a single pot of money, the Financial Aid budget. When they distribute that, it's all gone. There isn't another pot of money somewhere.

The schools will distribute the aid to get the maximum benefit to the school based on their priorities.

This isn't a Government program where the money is given out based on a formula.

That is not true.

There is money the archdiocese give. There is more money that each school gives. There are also personal scholarships individuals give.

There's only so much money. When it is gone, it's gone.

If you meed $10,000 and all they have is $1,000, guess how much money you get.

[Anonymous]

Anonymous wrote:It's intentionally murky. No stats every provided from the schools that I know of. Unless someone posts with their specific income and FA award, I don't think there is any resource to find this.

I think that this is true. They might give a parishioner more or someone with a bigger family since Catholics want to encourage that. It is actually smart because they are the future revenue stream and it is an investment.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's intentionally murky. No stats every provided from the schools that I know of. Unless someone posts with their specific income and FA award, I don't think there is any resource to find this.

I think that this is true. They might give a parishioner more or someone with a bigger family since Catholics want to encourage that. It is actually smart because they are the future revenue stream and it is an investment.

Diocesan schools discount for more than 1 child. Independent Catholics (Gonzaga, SJC) do not.