Scholarships & Financial Aid

List of 4 items.

• Special Note to Returning Families

  The Prep recognizes that families’ financial circumstances often change year to year and in order to track those changing needs each family receiving aid is required to submit financial paperwork each year (this includes all Brothers’ Reductions). If you do not resubmit your financial paperwork and apply through TADS you will not receive any financial assistance for the 2023-24 school year. Families who are not receiving aid but are in financial need should apply as well. New allocations of financial aid may be awarded on a year-to-year basis for current students.

• Divorced or Separated Parents

  In dealing with divorced or separated parents, the goal of the financial aid office is to gather as much information as possible from both parties, as well as from the spouses of either or both. Each situation is unique and will be handled on an individual basis.

  In the case of divorced or separated parents, each parent retains the obligation to contribute to the education of his or her son, regardless of whether a legal agreement to do so exists. In this instance, both parents must complete a required Financial Aid application either jointly or separately. Financial aid grants will be made only after considering the financial resources of BOTH parents. In the case of separated and/or divorced parents, no information will be given by the school to either parent regarding the other parent's financial disclosures. The assets of both parents will be considered before making any award; the assertion that one parent has disclaimed responsibility for educational expenses does not apply.

  In the case in which one parent has no contact with his child, the custodial parent should submit third-party verification (from clergy, school administration, etc.) regarding the other parent’s absence.

• Appeals Process

  To appeal the Financial Aid Committee’s decision (to request either an increase in the original award granted or a reconsideration in the event of a zero award), one of the following criteria should be met:

  1. 2022 income has declined by at least 10% compared to 2021 income; or
  2. The family recently suffered a hardship that had negative consequences for the family’s finances. (A detailed explanation is required.)

  For incoming freshmen, a letter must be sent to the Director of Financial Aid by February 3 in order to be reconsidered for any additional aid. Registration must be completed, and an Enrollment Contract and deposit must be received before a letter of appeal will be considered. If the additional aid is not satisfactory, you will receive a refund of deposit. For returning families, a letter must be sent to the Director of Financial Aid by April 28 in order to be considered for any additional aid. An Enrollment Contract and deposit must be received before a letter of appeal will be considered. If the additional aid is not satisfactory, you will receive a refund of deposit.

  All appeals (FOR INCOMING FRESHMEN AND RETURNING FAMILIES) will be reviewed on a case by case basis. Families that appeal will automatically be placed on a waitlist.
  
  

  Families are welcome to check on the status of their appeal at any time but notification will only take place in the event of an increase or new allocation. 

• Outside Scholarship Sources

  For information on scholarships from non-SJP organizations and foundations, please click here.