2018 Financial Aid Brochure

Page 1

Financial Aid at Carmel Catholic INVESTING IN YOUR CHILD’S FUTURE

Values for Life


Among the many considerations involved in selecting a high school, affordability is often placed near the top of the list alongside location, academic reputation, and availability of extracurricular programs. Carmel Catholic High School has a strong commitment to making Catholic education financially accessible to all families.

On average, the Class of 2018 was awarded more

than $60,000 per graduate to be applied to their four-year undergraduate program.

When you choose to invest in a Carmel Catholic education, you are investing in your child’s future. The amount of college scholarships and aid received by Carmel Catholic students often far outweighs the amount families paid in high school tuition.


We award more than $1.5 million in financial assistance each year

One in four Carmel

Catholic students receive financial aid

The average financial aid award per qualifying student is $5,288


Family household income levels and NUMBER OF STUDENTS RECEIVING FINANCIAL AID $0-$49,999 73 $50,000 - $79,999

52

$80,000 - $119,999 GREATER THAN $120,000

94 42

* Family household income is not the only consideration when determining financial aid awards.

The financial aid application process at Carmel Catholic provides families with a comprehensive assessment to identify demonstrated financial need beyond household income level. We understand that family budgets are complex, which is why every family who submits a financial aid application receives a thorough review.


Tuition and Fees Tuition for the 2018-19 school year is $12,100. There are additional fees for athletics, certain classes, course materials, and some clubs. We offer flexible payment plans and work with families on an individual basis. • Monthly payment plan: payments are processed via a bank draft by FACTS Management Company and budgeted over ten months from July through April. Finance and service charges apply. • Two payment plan: payment is due at the beginning of each semester (July and December). • Paid in full: if you pay by July 1, you will receive $100 off. Financial Aid Families applying for aid must complete a confidential financial aid application and submit it to the outside vendor (FACTS Grant and Aid) who evaluates the application. We look at each individual situation and reduce tuition based on a family’s ability to pay. Families must complete an online application every year to be considered for financial aid. Financial Aid Counseling Available We know that you will have questions and we are here to help answer them. Scheduling a financial aid counseling appointment will allow you an opportunity to visit, in person, with one of our highly skilled admissions and financial aid professionals. Schedule your appointment at carmelhs.org/finaidcounseling. For more information, visit carmelhs.org/financial.


How to Apply for Aid Apply online at factstuitionaid.com. Please read the instructions carefully, complete the online application and mail or fax the supporting documentation. The FACTS Grant and Aid Assessment charges a processing fee of $25.00. For information about what documentation is needed before completing a financial aid application, visit carmelhs.org/financial. The financial aid priority consideration deadline is December 31, 2018. You will receive the results of your financial aid prior to course registration. Financial aid requests received after this date will still be considered.


Scholarships In addition to financial aid, a number of partial scholarships are available to incoming freshmen, including Entrance Exam scholarships, parish-offered scholarships, and minority scholarships. For more information, visit carmelhs.org/scholarships. Illinois Tax Credit Scholarship Program Some families may be eligible for the Illinois Tax Credit Scholarship Program, which could cover up to 100 percent of tuition and eligible fees. Learn more at schools.archchicago.org. Carmel Catholic High School abides by all applicable policies of the Archdiocese of Chicago and the IHSA. In doing so Carmel Catholic High School does not promise or offer athletic scholarships of any kind. Violations of IHSA policies may result in loss of eligibility for the student, coach and/or school. In recognition of our shared ministry, Carmel Catholic High School also does not promise, predict or otherwise allude to specific dollar amounts regarding tuition assistance or financial aid before a student takes the entrance exam. Carmel Catholic High School promotes the best attributes of our own school while respecting the legacy and traditions of other Catholic high schools.


For more information, contact our Admissions Office at 847-388-3418. carmelhs.org/financial


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.