Affordability
Magnificat is dedicated to serve a student body that is economically and socially diverse. We recognize the financial commitment necessary for a Magnificat education and over the last four years have provided nearly $4 million in tuition assistance to our students. The primary source of tuition assistance and scholarships comes from the Magnificat Endowment Fund. Income from the fund, along with gifts from alumnae, private donors and several foundations allow us to make a Magnificat education affordable for everyone. We are committed to helping interested and dedicated students so that they may experience what Magnificat can be for them - the investment that lasts a lifetime.

Qualifying for Assistance
Families should not hesitate to apply for assistance. All applications are evaluated with attention given to a variety of factors, including family assets and family size. Additional consideration is given to families with a number of children at tuition-charging institutions (including day care as well as elementary and high schools and colleges). The following are examples of who can qualify:

Family #1 Western Suburb Two Parents Four Children Income $75,000 Paying two elementary school tuitions and one student at Magnificat Amount of Assistance $3000

Family #2 City of Cleveland Single Parent Two Children Income $30,000 Paying one tuition at Magnificat Amount of Assistance $5000

Family #3 Eastern Suburb Two Parents Six Children Income $50,000 Paying elementary tuition, college tuition and two Magnificat tuitions Amount of Assistance $8000 ($4000 per student)

Class of 2014 Scholarship Form
Class of 2014 Private School Aid Form

Families requesting financial aid and applying for scholarships must fill out a Private School Aid Service (PSAS) application. PSAS, an independent organization, analyzes a family's ability to pay. The analysis is then sent to Magnificat. The amount of assistance is determined by the school based on family need and available resources. In addition to filling out the PSAS form the student must take the Magnificat High School Scholarship/Placement Test in November and fill out a separate scholarship application. To help families plan accordingly, Magnificat offers parents an estimate of financial aid and scholarships in January.

Application must be made each year.
     For parents of eighth graders only:

Applications available in Admissions Office and online	October 12
PSAS and Scholarship application deadline	November 20
Notification of grant/scholarship estimate	Before January 8
Return PSAS application to Private School Aid Service,        P.O. Box 770728, Lakewood, Ohio 44107.        Please contact Halle Emser of PSAS if you have any questions regarding the PSAS application:
Halle Emser Account Representative, Private School Aid Service 800-461-2838, Fax 775-890-6693, hemser@mypasas.org
Scholarship applications should be returned to Magnificat.

Questions regarding Tuition, Financial Aid and Scholarships for the Class of 2014 should be directed to Mrs. Maggie Gedeon '99, Director of Admissions, 440.331.1572, ext. 248. All other inquiries should be directed to Mrs. Julie Melvin, Vice President of Finance and Administration, 440.331.1572, ext. 224.