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

Tuition & Financial Aid

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 $2.4 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

2018-2019 Tuition: $15,300

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 2019-2020 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/. Completed applications, along with all supporting tax documents, must be sent to FACTS by November 8, 2018. Families that apply will receive an estimate of financial assistance for their 8th grade daughter by late December 2018.

Applying for Aid– Current Students

Applications for tuition assistance for the 2019-2020 school year will be available on our website to current students in January 2019 and due to FACTS by March 15, 2019. Please note that families that apply early for an 8th grade sibling must re-apply with 2018 tax information in order to be considered for financial assistance for their current Magnificat student.

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 $2.4 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, 2018.

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

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

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

DIOCESAN TUITION ASSISTANCE (DTA)

Diocesan Tuition Assistance (DTA) are grants awarded by the Diocese of Cleveland to families demonstrating high levels of financial need. This aid is supplemental to need-based assistance provided by Magnificat High School. The Diocese of Cleveland uses the same FACTS application that families complete for Magnificat need-based aid, so a separate application is not required.

To be considered for a DTA grant, a FACTS application must be completed with 2018 tax year data by the deadline of March 15, 2019.

For incoming 8th grade students who complete a FACTS application in Fall 2018 you must upload your 2018 tax documents by March 15, 2019 to be considered for Diocesan Tuition Assistance.

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 2023 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.