2016/2017 Tuition: $14,200
Magnificat offers two methods for payment of tuition: Payment in advance or enrollment in the SMART Tuition Plan. For payment in advance, tuition is billed in June and full payment is due on or before July 1st. A $100 discount is available for payments by cash or check. The SMART Tuition Plan allows you to choose one of the following payment plans:
Monthly—10 payments due each month July through April
Quarterly—4 payments due July, October, January, April
Semi-annual—2 payments due July and January
For more details on the Magnificat High School financial policy, click here.
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 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.
Qualifying for Assistance
Families should not hesitate to apply for need-based 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).
Families requesting financial aid and applying for scholarships must fill out a FACTS Grant & Aid Assessment application each year. FACTS is an independent organization that evaluates a family's ability to pay tuition. The analysis is then sent to Magnificat. The amount of assistance is determined by the school, and is based on family need and available resources.
Please refer to the Scholarship tab on our website for information about the many scholarship opportunities available to prospective students. In order to qualify, students must take the Magnificat High School Scholarship/Placement Exam in Fall 2016 and complete separate applications for the respective scholarships.
Applying for Need-based Aid
All students wishing to apply for tuition assistance for the 2017-2018 school year must complete a FACTS Grant & Aid Assessment application. The following link may be used to apply online directly to FACTS. If needed, paper copies of the FACTS application may be requested from the Finance Office. The FACTS application deadline for all current students, transfer students and incoming freshmen (who have not already completed an early application) is March 15, 2017.
Please note that families who applied early to FACTS for an 8th grade sibling must update their existing FACTS application with 2016 tax year data in order to be considered for assistance for their current Magnificat student.
Please contact the FACTS Grant & Aid Helpline if you have any questions or problems completing the form. Customer Support is available 24/7.
Questions regarding Magnificat High School Tuition, Financial Aid and Scholarships should be directed to Mrs. Susan Reighard, Director of Student Accounts, sreighard[at]maghs[dot]org or 440.331.1572, ext. 225.