To access the FACTS Tuition Assistance application, please click here
Since its founding in 1869, Saint Ignatius College Prep has supported its students and their families with financial assistance. Integral to the mission of the school since its earliest days has been a commitment to provide a high quality Jesuit, Catholic secondary education for young men and women from across the Chicago area. The school attempts to make it possible for all qualified students, regardless of family income, to attend Saint Ignatius.
Saint Ignatius College Prep strives to make a Catholic education affordable to students by allocating funds for need-based tuition assistance. Over $5 million has been awarded for the 2020-2021 school year. Approximately 28% of our student body receives tuition assistance.
While we understand that it is a sacrifice for any family to send their children to a Catholic high school, all Ignatius families are expected to make a serious financial commitment to pay their child’s tuition. There is no standard formula for determining the amount of tuition assistance. Each case is considered individually, assessing various factors. In order to maintain tuition assistance, students must maintain a 2.0 GPA.
Children’s tuition, extraordinary family medical expenses, and mortgage are taken into consideration. We understand that family expenses vary depending on the unique circumstances of each family. Therefore, in order to be fair to all applicants, we respectfully request full disclosure of income and ask that families carefully consider their expenses.
The Tuition Assistance Committee reviews requests for assistance from families who have applied for aid. FACTS Grant & Aid Assessment conducts the financial need analysis for Saint Ignatius College Prep. Families applying for tuition assistance will need to complete an application and submit the necessary supporting documentation to FACTS Grant & Aid Assessment. The application fee is $30.
For the incoming class of 2025, the application period opens the date of the entrance exam or December 5, 2020. In order for an award to be processed prior to the enrollment contract deadline, the tuition assistance application must be submitted by February 8, 2021. For the returning classes of 2022, 2023, and 2024, the application period opens January 1, 2021 with a deadline of April 16, 2021. Applications are submitted via the FACTS
Tuition Assistance application.
Families are asked to submit copies of 2019 Federal tax forms including all supporting tax schedules and 2019 W-2 forms. Applicants upload complete federal tax forms and any schedules when completing the FACTS application.
Tuition Assistance applications are not complete, and will not be considered, without the required tax documentation Regardless of the marital status of the parents, the Tuition Assistance Committee will consider the assets of both parents/guardians before making an award, and will not be bound by the assertion that one parent has a disclaimed responsibility for education expenses. Remarriage of either parent creates a new family unit with new relationships. For this reason, the non-custodial parent (and spouse) must comply with the filing requirements to be eligible for tuition assistance. Both the custodial parent and the non-custodial parent will have to create their own individual FACTS accounts. Emergency tuition assistance is considered on an individual basis. Loss of employment, major illness or catastrophic event qualifies for emergency consideration. Assistance packages come in the form of direct grants. A work-study program for sophomores, juniors, and seniors is also available.