Scholarships and Financial Aid

Scholarships

Scholarship Packets for the class of 2015 will be available December 6, 2010.

Each year, St. Mary's Academy offers ten (10) $1,000 merit-based scholarships to incoming ninth graders. Five scholarships are for leadership and service and five are for academic achievement. These scholarships are non-renewable and will be applied toward tuition freshman year.

St. Mary's also offers renewable and nonrenewable Endowed Scholarships. Each scholarship has its own eligibility criteria and selection process.

Scholarship Packets will be given to students at the December Placement Exams. Eighth graders who test at another location may contact the Office of Admissions at 503-721-7725 to receive a Scholarship Packet. Packets will be sent after December 6, 2010.

Leadership Scholarships will be awarded based on the following criteria:

Students must have demonstrated leadership qualities and commitment to service in school, community, church or other areas.
Students must have completed the Leadership and Service Scholarship application and submit all application materials by February 4, 2011.
Students need to obtain a teacher recommendation. The teacher recommendation form is included with the scholarship application and is due by February 4, 2011.
Students must have submitted a St. Mary's Academy application for admission by the January 14, 2011 Admission Application deadline.

Academic Scholarships will be awarded based on the following criteria:

Students must score in the top 10 percent nationally on the December Placement Exam, either at St. Mary's Academy or provide test scores from STS HSPT testing at another school.
Students must have demonstrated academic achievement and commitment to continued standards of excellence.
Students must have completed the Academic Scholarship application by the February 4, 2011 deadline.
Students need to obtain a teacher recommendation. The recommendation form is included with the scholarship application and is due by February 4, 2011.
Students must have submitted a St. Mary's Academy application for admission by the January 14, 2011 Admission Application deadline.

Notification of Scholarship Awards will be mailed with admission decision letters on March 11, 2011.

Financial Aid

Frosh Student Aid Form: Available November 2010

Returning/Transfer Student Aid Form: Available November 2010

Financial Aid Program
St. Mary's is committed to enrolling students from diverse economic, ethnic, racial and social backgrounds. As part of that commitment the school has a financial aid program for families who would otherwise be unable to consider St. Mary's as an option for their daughter's education.

Types of Aid
St. Mary's provides two types of tuition assistance.

Tuition reduction of $200 per student is provided to families with more than one daughter enrolled at one time.
St. Mary's awards financial aid to families on a needs-basis only. Families must apply to be considered for aid.

Should I Apply for Financial Aid?
St. Mary's encourages all families who feel that they will need assistance in meeting the cost of tuition to apply for financial aid. Often, families will ask for guidelines to help determine if they will be eligible for aid. However, each family's circumstances are unique and generate a response that is appropriate only for them.

Financial aid is awarded to the families most in need among the families who apply for aid in a given year. Factors that influence award decisions include such things as family income, assets, number of children and of those, the number attending tuition-charging institutions (excluding universities), and outside scholarships and grants.

Financial aid decisions are made by a finance committee and are determined outside of the admissions process. A family's ability to pay is not part of the admission criteria.

How to Apply
Families can apply for financial aid by completing one of two forms, depending on your circumstance. The Frosh Student Aid Form (available November 2010) or Returning/Transfer Student Aid Form (available November 2010) from the Private School Aid Service. These forms are available by downloading the files or by requesting to be mailed a hardcopy from the Finance Office at St. Mary's Academy. When you chose to download the file, you can print it, fill it out, and send it to PSAS. Another option is to type into the blank fields, print it, and send it to PSAS. The final computer option is to use the PSAS website to complete the forms.

For instructions on completing Frosh Student Aid Form online at the PSAS website, click here.

For instructions on completing Returning Student Aid Form online click here.

To complete the forms, you will need the family's most recent tax return and W-2 information. If this information does not reflect your financial position for the following year, please submit adjusted information and a written explanation.

The most important step to ensure you are considered for financial aid is to have your forms postmarked by the following deadlines:

Entering ninth grade: January 14, 2011

All others: April 1, 2011

Forms received after the deadline will not be considered in the first round of financial aid decisions. If funds remain after the first round, late applications will be reviewed.

Forms should be mailed directly to PSAS along with the processing fee.

Important Dates

November 2010
Financial Aid forms will be available online or by contacting the Finance Office at 503 721-7721.

January 14, 2011
Financial aid applications for ninth grade students must be postmarked by this date.

March 11, 2011
Financial aid decisions for ninth graders are mailed on this day.

April 1, 2011
Financial aid forms for students grades 10 through 12 must be postmarked by this date.

Assistance
Questions regarding the PSAS Financial Aid Application forms or the financial aid program can be answered by St. Mary's Finance Office.

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