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)

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.

Click here for the 2012/2013 PSAS financial aid application.

Academic Scholarship
There are ten Magnificat Academic Scholarships available for the 2012-2013 school year for current eighth grade students entering the Class of 2016. Recipients will be one of the top ten scorers on the Magnificat Scholarship/Placement Exams administered on Saturday, November 12, 2011, 8 a.m. -12 noon or Saturday, November 19, 2011, 8 a.m. - 12 noon. The top three scorers will receive a $5,000 award, and the remaining seven top scorers will receive a $2,500 award. Scholarship recipients are notified through a letter from the President of Magnificat when the Scholarship. Placement Exam scores are mailed in early December 2011. Magnificat Academic Scholarships are renewable annually assuming a student maintains a 3.5 GPA and remains in good disciplinary standing.

To sign up for the Scholarship/Placement exam, please click here.

Magnificat Alumnae Scholarship
The Alumnae Association annually awards one $2,500 scholarship to an incoming freshman that she will retain for four years, provided she maintains a 3.5 GPA and remains in good disciplinary standing. The scholarships are awarded to daughters and/or granddaughters of Magnificat graduates on the basis of merit, service and leadership. To be considered for this scholarship, the Magnificat Alumnae Scholarship Application, 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 30, 2011. The Alumnae Board will review the applications and select at least 3 students to be interviewed by an alumnae volunteer selection committee. The recipient of this scholarship will be notified in writing by the end of December 2011.

Alumnae Scholarship Application

Donor Endowed Scholarship
Donor endowed scholarships provide opportunities for people to invest in the ministry of a 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, helping to fund nearly all or a portion of students' tuition each year. For this current school year, there are 143 endowments which are funding 263 scholarships, ranging from $500 to $10,000. Scholarships are awarded on a number of criteria including financial need, academic excellence and participation in service and leadership activities. Applicants must complete a PSAS application (due November 22, 2011) and a separate Donor Endowed Scholarship Application (due November 30, 2011). Scholarship recipients and donors are invited to meet and are encouraged to form relationships that may continue beyond the students' Magnificat career. Recipients will be notified by May 15, 2012.

Donor Endowed Scholarship Application
Donor Endowed Scholarship Listing

Marian Scholarship
There are 20 Magnificat Marian Scholarships available for the 2012-2013 school year for current eighth grade students entering the Class of 2016. Each of the 20 recipients, who represent the most qualified prospective incoming freshmen who are living their Catholic faith, will receive a $2,500 award.

Specific requirements for Marian Scholarship consideration include:

• Student must be Catholic
• Student must complete Marian Scholarship Application (due November 30, 2011)
• 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 teacher recommendation from a 7th or 8th grade teacher (form included in application)
• Student must have taken the Magnificat Scholarship/Placement Exam

All applications will be directed to the Vice President of Marketing and Enrollment for review with the Marian Scholarship Committee. Recipients will be notified through a letter from the President by the end of December 2011. Magnificat Marian Scholarships are renewable annually assuming a student maintains a 3.5 GPA and remains in good disciplinary standing.

Marian Scholarship Application

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

Marian, Donor Endowed and Magnificat Alumnae Scholarships        available in Admissions Office and online	September 15
PSAS Applications available in Admissions Office and online	October 23
PSAS Application deadline	November 22
Marian, Donor Endowed and Magnificat Alumnae Scholarships deadline	November 30
Notification of Marian Scholarships	Before Christmas
Notification of grant/scholarship estimate	Before January 10
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 2016 should be directed to Heather Schwager, 440-331-1572, ext. 248.