Learn, Lead, and Serve in the Spirit of Mary's Magnificat

Tuition & 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 have provided over $2.2 million in tuition assistance to our students this year. 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, allows 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—an investment that lasts a lifetime.

Annual Tuition

2017-2018 Tuition: $14,900

Payment Plan Options

Monthly: 10 payments due each month (July-April)

Quarterly: 4 payments due (July, October, January, April)

Semi-Annual: 2 payments due (July & January)

Tuition Assistance

Applying for Need-Based Aid–New Students

Prospective students wishing to apply for tuition assistance for the 2018-2019 school year must complete a FACTS Grant & Aid Assessment application. Links to the online FACTS application may be found on the Magnificat website/Admissions page/Tuition & Affordability tab/. If needed, a paper copy of the FACTS application may be requested from the Finance Office. Completed applications, along with all supporting tax documents, must be sent to FACTS by November 8, 2017. Families that apply will receive an estimate of financial assistance for their 8th grade daughter by late December 2017.

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 have provided over $2.2 million in tuition assistance to our students this year. 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, allows 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—an investment that lasts a lifetime.

FACTS Application

Magnificat High School partners with FACTS Grant & Aid Assessment to evaluate family need. Formerly, these applications were processed by Private School Aid Service (PSAS) which merged with FACTS in 2016. FACTS is an independent organization that evaluates a family’s ability to pay tuition and shares this information with schools designated by the family. Each school independently awards tuition assistance based on their available resources. Deadline to apply is November 8, 2017

Click here for the FACTS application.
Click here for the instructions for FACTS application.

Please contact the FACTS Grant & Aid Helpline if you have any questions or problems completing the form. Customer Support is available 24/7.

FACTS Management | Grant & Aid Assessment
866.441.4637
www.factsmgt.com/grant-and-aid

Applying for Aid– Current Students

Applications for tuition assistance for the 2018-2019 school year will be available on our website to current students in January 2018 and due to FACTS by March 1, 2018. Please note that families that apply early for an 8th grade sibling must re-apply with 2017 tax information in order to be considered for financial assistance for their current Magnificat student.

Scholarships

Academic Scholarship

Magnificat offers merit-based scholarships to current eighth grade students entering the Class of 2022. Students can qualify to apply and interview for these scholarships by taking the Magnificat High School Scholarship/Placement Exam. The top scorers on the exam will be notified and invited to apply for scholarships ranging from $2,500 to $7,500. Scholarship recipients will be notified in writing by the end of December 2017. Magnificat Academic Scholarships will renew annually for students who maintain a 3.5 GPA and remain in good disciplinary standing.

To be considered for a scholarship, you must test in October.
Saturday, October 14 | 8:30 a.m.
Thursday, October 26 | 4:30 p.m.

Magnificat Alumnae Scholarship

Two Magnificat Alumnae Scholarships will be awarded each year to incoming freshmen who are the daughters and/or granddaughters of Magnificat alumnae on the basis of merit, service and leadership. The scholarships are $2,500 per year and will automatically renew each year, provided the recipients maintain a 3.5 GPA and remain in good disciplinary standing. To be considered for these scholarships, the Magnificat Common Scholarship Application, Alumnae Scholarship question, copies of 7th and 8th grade report cards, and a letter of recommendation from an adult who is not a family member, must be received by November 8, 2017. The recipients of these scholarships will be notified in writing by the end of December 2017.

Marian Scholarship

There are 20 Magnificat Marian Scholarships available for the 2018-2019 school year for current eighth grade students entering the Class of 2022. Each of the 20 recipients, who represent the finest examples of young women living their faith, will receive a $2,500 award.

Specific requirements for Marian Scholarship consideration include:

  • • Student must be Catholic
  • • Student must complete Common Scholarship
  • Application and respond to the Marian Scholarship questions (due November 8, 2017)
  • Student must have maintained a 3.0 or higher GPA in 7th and 8th grade
    • Student must have demonstrated service and leadership activities within her school, parish or community
    • Student must have a teacher recommendation from a 7th or 8th grade teacher (form included in application)
    • Student must have taken the Scholarship/Placement Exam.

All applications will be directed to the Director of Admissions for review with the Marian Scholarship Committee. Recipients will be notified in writing by the end of December 2017. The Marian Scholarship will renew annually for four years providing the recipient maintains a 3.0 cumulative GPA and she remains in good standing in regard to her conduct and living the Mission of Magnificat. No FACTS Application is required.

Named Endowed Scholarship

Named endowed scholarships provide opportunities for donors to invest in the ministry of a holistic Catholic education at Magnificat High School. Scholarships may be named in memory or honor of a family member, friend, or special teacher. They are an extraordinary gift that provides tuition assistance. Currently, there are 279 scholarships distributed among grades 9-12, ranging from $500 to $10,000, which are renewable each year. Scholarships are awarded on a number of criteria including financial need, academic excellence and participation in service and leadership activities. Applicants must complete a FACTS Financial Aid Application (due November 8, 2017) and Common Scholarship Application (due November 8, 2017). (Teacher recommendation letter is not required.)

Scholarship recipients and donors are invited to meet and are encouraged to form relationships that may continue beyond the students’ Magnificat career.

Cleveland Scholarship Program

Magnificat High School is a school provider for the Cleveland Scholarship Program. All students who reside in Cleveland are eligible to apply. The Cleveland Scholarship is funded by the Ohio Department of Education, and scholarship recipients receive $6,000 a year in tuition assistance for the high school of their choice. Applications for the 2018-2019 school year will be available in February 2018. For more information from the Ohio Department of Education, click here.

Ohio EdChoice Scholarship Program

Magnificat High School is also a provider for the EdChoice Scholarship Program. The program provides students who attend designated, underperforming public schools in their resident district with the opportunity to attend participating private schools. The Ohio Department of Education funds EdChoice Scholarships of $6,000 per year for high school students. Applications for the 2018/19 school year will be available in February 2018. For more information from the Ohio Department of Education, click here.

Jon Peterson Special Needs Scholarship

Magnificat High School is now a provider for the Jon Peterson Special Needs Scholarship Program. Students who have an Individualized Education Program (IEP) from their district of residence are eligible to apply year-round. The amount of each scholarship is based on the disability identified on the student’s IEP as categorized by the Ohio Department of Education. For specific application instructions, click here.

All forms and applications should be returned to Magnificat High School.

Questions regarding Magnificat High School Tuition, Financial Aid and Scholarships for the Class of 2022 should be directed to Mrs. Susan Reighard, Director of Student Accounts, sreighard@maghs.org or 440.331.1572, ext. 225.

For more details on the Magnificat High School financial policy, click here.