During the 2017-2018 school year, financial assistance, grants and awards were distributed to 41% of Boylan Catholic High School students. The amount of the awards averaged between $500 and $2,500.
All students who wish to enroll at Boylan are welcome to apply for financial assistance. When awarding financial assistance, many factors are reviewed, including employment status, household income, and size of the household.
In order to be considered for any financial assistance, a family must apply online at online.factsmgt.com/aid . After the application is submitted and verified, it takes an average of three weeks to determine the award amount.
When applying for financial assistance, a copy of your most recent taxes will be needed. It is acceptable to use last year’s taxes to begin the process. There is an application fee of $32.00 which is assessed and collected by FACTS during the application process. This fee must be paid in order for the application to be complete.
Students must re-apply for each year they wish to be considered for financial assistance at Boylan.
Key Financial Aid Dates:
- December 1, 2018
FACTS financial assistance application available at online.factsmgt.com/aid
- January 15, 2019
Financial assistance distribution begins.
- April 1, 2019
Financial assistance application deadline for 2019-2020 school year.
- May 1, 2019
Deadline to accept or decline all financial assistance awards through FACTS.
Tax Credit Scholarship Program:
The Tax Credit Scholarship for K-12 students will cover up to 100% of private school tuition up to a maximum of the average Illinois cost to educate, which is roughly $13,000.
Students with unique learning needs, including those who are gifted, English language learners, or those with special education qualifications, may be eligible to receive larger scholarships — up to double— roughly $26,000.
Tax Credit Scholarships are need-based and do not take academic performance into consideration.
The application is a two-step process. First, reserve your place in line by completing a brief online form. After reserving your place in line, you will be able to complete the full application. Your place in line can increase your chances of receiving a scholarship but it is not a guarantee.
The application process begins on Tuesday, January 15, 2019, at 7 PM.
Financial Assistance FAQs
Q: What is Boylan’s philosophy regarding financial assistance?
A: We believe strongly in the value of a Boylan Catholic High School education and we are committed to supporting all eligible students with access to a Boylan education through our financial assistance program.
Q: How much does it cost to educate a student at Boylan?
A: The cost to educate one student at Boylan is approximately $10,000/year. Various funding sources, including parish assessments and the annual fund, help reduce the cost of tuition for all students. Additional assistance in the form of grants and the student-work program are available to students with demonstrated need.
Q: What is “demonstrated need?”
A: Demonstrated need is defined as the difference between the total amount a family can be expected to contribute based on their financial situation, and the cost of tuition.
Q: Does Boylan offer merit or athletic scholarships?
A: Other than the Bishop Lane Grant awarded to those students who score in the 95th percentile or above on the HSPT in December, all financial assistance is based on the financial need of the student.
Q: What percent of Boylan students receive financial assistance?
A: During the 2017-2018 school year, approximately 41% of students at Boylan received financial assistance.
Q: When will I receive a decision regarding my financial assistance award?
A: Financial assistance awards begin being distributed in January. It takes approximately three weeks after the FACTs application and all supplemental materials are submitted.
Q: Do I have to re-apply for financial assistance each year?
A: Yes, families must apply each year due to the fact that your financial circumstances may change from year to year.
Q: Who has access to my financial information?
A: All financial information is highly confidential and only released to Boylan’s financial assistance committee.
Q: How do I log-in for the FACTS application if I forgot my username and/or password?
A: Boylan does not have access to this information. Families will need to call FACTS directly at 1-866-441-4637.