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Scholarship/Financial Aid Information

Everyone at McAuley High School appreciates the sacrifice you are making to give the priceless gift of a Catholic education to your child. In 2010-11 McAuley intends to award as many scholarships and financial assistance grants as our funds allow. The financial possibilities include merit-based scholarships, tuition assistance grants, the Guardian Angel Society, and the student work program.

$550,000 – Amount Awarded in 2009-10

Please review the following financing tuition options available for you to pursue at McAuley. If at any point while looking over these options, you have any questions or need assistance, know that our staff is here to help. You are welcome to contact Elmer Sheridan, our business manager at (513) 681-1800 at extension 1146 or email him at Sheridane@mcauleyhs.net.

Option 1: Apply for Scholarships

Scholarships are available to eighth grade students who take the entrance test required by McAuley. Fifteen percent of students taking the test received scholarships. In the 2008-2009 school year, McAuley offered more scholarships than ever before. Following is a list of entrance test scholarships:

Percentile Rank  Scholarship/Grant 
 99th  full tuition – renewable 10th grade at $5,500 and 11th and 12th grade at $4,000/year
 98th  $5,000 – renewable 10th, 11th, and 12th grade at $3,500/year
 97th  $2,500 – 9th grade only
 90th – 96th  $1,500 – 9th grade only
 80th – 89th  $1,000 – 9th grade only

These scholarships are also available for present McAuley Students :

A. Student Council Scholarships: $11,400 was awarded to 19 students last year based on leadership, service, and financial need. *

B. The Ken and Jeannine Hammel Scholarship: $500 is awarded to one recipient based on her essay about her experiences at McAuley. Essays are submitted to a selection committee. Open to all students in grades 9, 10, and 11.

C. The Nicole Bartz Scholarship: $1,000 is awarded to a student in financial need. *

D. The Amy Zeinner Memorial Scholarship: $1,500 is awarded to a current student in grades 9, 10, or 11. Applicants must participate in McAuley athletics with an A/B average who demonstrate financial need. Selection is made by a committee. *

E. C.I.S.E Grants: $4,000 was awarded to each of four students for the 2009-10 school year based on academic success and stellar attendance records while 8th graders at Catholic, inner-city schools. *

F. The Marge & Charles J. Schott Endowment Scholarships: $500,000 was donated to McAuley by the foundation, demonstrating belief in our mission, for financial aid to outstanding students who are leaders and who demonstrate a need for financial assistance. As funds accumulate, more scholarships will be available each year.

G. McAuley Alumnae Legacy Scholarship: $750 is awarded to each of three students, grades 9, 10, or 11, who are the daughters/granddaughters or step-daughters/granddaughters of McAuley graduates. Applicants should be students in good standing who are willing to create a project that exhibits knowledge and understanding of the traditions of Catherine McAuley.

H. The Patricia Niehaus Memorial Scholarship: $500 is available to an 8th grade student at St. Ignatius Loyola who will be a member of McAuley High School’s orchestra.

I. The Ben Kelhoffer Memorial Scholarship: $1,000 is available to an 8th grader, freshman, sophomore, or junior who is academically successful and in need of financial assistance. *

J. The Guardian Angel Society: One of the core Mercy values at McAuley is compassion. Catherine McAuley lived this value, and as her representatives, we endeavor to do the same. The Guardian Angel Society was created to provide assistance to students whose emergency circumstances might otherwise force them to leave the school and lose the support of a caring, loving, and Christian environment. Thus far, the Guardian Angel Society has provided $82,216 for the 2009-10 school year. *

NOTE: To be eligible for any of the scholarships marked with an
*, applicants must complete a Private School Aid Service (PSAS.) form that will be discussed in the next section.

Option 2: Apply for Tuition Assistance

Financial assistance is available through McAuley High School’s Educational Aid Fund. Families who wish to apply for McAuley financial assistance need only to complete the Private School Aid Service (PSAS) application form. McAuley will use the PSAS form as the basis for distributing assistance from the high school. McAuley funds are provided by the Sisters of Mercy, the McAuley endowment fund, memorials, private donations, the annual McAuley McAuction, and the annual fund drive.

PSAS Form and Instructions

REGULAR APPLICATION FOR ALL STUDENTS DUE BY MARCH 1, 2010

The regular financial assistance application using the same PSAS form referenced above must be received by PSAS by March 1. This deadline is concurrent with the Archdiocesan deadline and is adhered to strictly in order that recipients of the financial assistance grants can be notified in May.

STUDENT COUNCIL FINANCIAL ASSISTANCE PROGRAM

Student Council offers financial assistance to current freshmen, sophomores and juniors. A student need not be a member of student council to qualify. These grants are based on service to and involvement in McAuley activities. Application forms for these funds are separate from and in addition to the Archdiocesan/McAuley High School application form mentioned above. Applications are available from the business office on March 16 and are due by April 23.

Option 3: Work Credit Program

In addition to the grants mentioned above, McAuley has a work credit program in which students stay after school for one hour each day to clean rooms. There is also a summer work credit program in which students can work for one week. In either case, tuition is credited $8.00 per hour worked.

Option 4: Arrange a Tuition Payment Plan

Three methods of payment are available.

1. The first method is to pay the entire balance to McAuley High School by June 20, 2010.

2. The second method is to pay by June 20, 2010, the amount of cash of your choosing, and finance the balance. All students accepted by McAuley are automatically accepted by the bank for financing, if that method of payment is chosen. No credit checks are performed. Interest is charged on amounts financed. The interest rate for the 2010-2011 school year has not yet been determined. The interest rate for the 2009-10 school year is 4.35% simple interest. Payment on the amount financed is made directly to Tuition Management Systems in 10 equal monthly installments from July 20 to April 20.

3. The third method is to finance all but the registration fee. Tuition Management Systems is utilized for any deferred payment of tuition.

Forms for choosing the method of tuition payment are mailed to homes in March and must be returned to McAuley by the end of April.

Multiple Child Allowance

A Multiple Child Allowance provides a tuition discount for families with at least three students in archdiocesan high schools. For this current school year, the discount is $1175 for each of three students and $1375 for each of four or more students. Application is made through the tuition payment plan worksheet which is mailed in March and is due to McAuley by April 20.

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