Admissions

2020-21 Tuition & Financial Aid

About Financial Aid

Sacred Heart Academy is an investment in your daughter’s future. It’s an investment in our commitment to preparing and nurturing her to achieve her highest potential academically, emotionally and spiritually. Our purpose is not only college preparation, it’s providing a foundation of morality, compassion and confidence of which the value is immeasurable.
 
Through the generosity of our community and their commitment to our Mission through financial donations, Sacred Heart Academy assists families by distributing approximately $1 million in financial assistance each year.

Financial Aid Application Process

Financial assistance is determined by the FAST (Financial Aid for School Tuition) which provides a need-based financial aid analysis service that includes an income verification process with consideration to other contributing factors. All information from FAST remains confidential and is reviewed by the school. 

1. Complete the FAST application. The online application process is self-guided. You can partially complete an application and go back to it another time, if you don't want to complete the application in one sitting. If you have any questions about the application process, please call the FAST Call Center at I-877-326-FAST (3278), open 24 hours a day.

2. Upon completion of the FAST application, you will need to submit copies of your tax documentation to FAST for verification. Please upload documentation electronically, 2019 tax returns are required for incoming families. Returning families will need their 2020 tax return. 

If your application is not submitted by the deadlines indicated below, or does not contain the required documentation, you may not be considered for financial aid.
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      Financial Aid Deadlines

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Payment Process

SHA uses Smart Tuition to administer its tuition billing, every family is required to have a Smart Tuition account. Information regarding your Smart Tuition account will be sent to you electronically once your enrollment agreement is accepted.
 
Parents are required to choose one of the three payment plans listed below through Smart Tuition and indicate their choice of enrollment plans on the enrollment contracts:
  1. One full tuition payment (Due in June)
  2. Two half tuition payments (Due in June and December)
  3. 10 monthly installments through Smart Tuition (Payments June-March)
Returning students contracts and deposits are due by March 1st, 2020 and payment is linked directly to your existing Smart Tuition account.

List of 8 items.

  • Tuition

    A $750 tuition deposit and a completed enrollment contract start the payment process. The deposit is then deducted from the total tuition when a payment option is selected.

    The tuition for Sacred Heart Academy for the 2020-2021 school year is $16,500. Please note, there is also a general fee of $100. Tuition for each school year includes activity fees, class trip fees and technology fees including the lease of a laptop computer.

    The athletic fee is $50 per sport, per athlete.
  • How is financial aid determined?

    SHA asks all families (new and returning) to complete a financial aid application if they would like to be considered for financial aid. FAST (financial aid for school tuition) determines the potential dollar amount that a family can contribute based on a calculation of family income and expenses. This process assists the financial aid committee follow a fair objective process when determining need based awards.
  • What is the typical award?

    Depending on the demonstrated need from families, tuition assistance can range from $1,000 to $7,500, with the average award amount being $4,500.
  • What are the different payment plans that are offered?

    SHA uses Smart Tuition to administer its tuition billing, every family is required to
    have a Smart Tuition account. Information regarding your Smart Tuition account will be sent to you electronically once your enrollment agreement is accepted.
     
    Parents are required to choose one of the three payment plans listed below through Smart Tuition and indicate their choice of enrollment plans on the enrollment contracts:
     
    1. One full tuition payment (Due in June)
    2. Two half tuition payments (Due in June and December)
    3. 10 monthly installments through Smart Tuition (Payments June-March)
  • When are families notified of financial aid decisions?

    New students who complete a financial aid application by November 15, 2020 will receive their financial aid award letter in mid-December 2020. 
    Returning student applications are due by April 1st and will be notified of their financial aid award in early May 2021.
  • Do I need to reapply every year?

    Yes, every family must apply for financial aid each year. However, one may expect to receive the same proportion of aid if the family's financial circumstances remain essentially the same. A significant change in a family's financial profile may result in a change in the financial aid package offered.
  • Financial Aid Application Process

    Applications are required for each school year. Families applying for financial aid must complete an application and submit the necessary supporting documentation to FAST (Financial Aid for Student Tuition) by the deadline. If your application is not submitted on-time or does not contain the required documentation, you may not be considered for financial aid.  

    The FAST program provides a need-based financial aid analysis service that includes an income verification process. All information from FAST remains confidential and is reviewed by the school. 

    Upon completion of the FAST application, you will need to submit copies of your tax documentation to FAST for verification. Please upload documentation electronically, 2019 tax returns are required for incoming families. Returning families will need their 2020 tax return. 
     
    Please enter your name on the application exactly as it appears on your tax return. The online application process is self-guided. You can partially complete an application and go back to it another time, if you don't want to complete the application in one sitting. If you have any questions about the application process, please call the FAST Call Center at I-877-326-FAST (3278), open 24 hours a day.

    The non-refundable application fee is $45, payable by Visa, MasterCard, or American Express (Discover card is not accepted). The application fee will be billed as Independent School Management (ISM).

    If you are applying to other schools that use FAST for financial aid, the second application will cost $10. FAST will e-mail you a PIN number and personalized link to the second application. You must use the PIN and link in the e-mail to apply to each additional school at a reduced rate of $10. Please contact the FAST Call Center at 877-326-FAST (3278) if you need any assistance in applying to multiple schools.

    Click Here For The Financial Aid Application
  • Frequently Asked Questions

    How will Financial Aid applications be evaluated?
    The school utilizes Financial Aid for School Tuition or FAST as a tool for evaluating applications for Financial Aid. This program is widely used by private schools and is valued for its objective and thorough approach to Financial Aid. All Financial Aid applicants are required to apply online through FAST. FAST considers not only taxable and nontaxable income, but also other assets and factors that bear on a family's ability to pay tuition, including home equity, other real estate, savings, liabilities, family size, age of parents, and number of children attending independent schools and colleges. Families are required to submit a signed copy of their 2017 (2016 for incoming freshman) federal income tax return, W-2 forms and all schedules. If applicable, all corporate and partnership/sole proprietorship forms must also be included All applications of both current and new families are evaluated using FAST. The Financial Aid Committee then meets and carefully weighs each family's capacity to pay against the capacity of all other financial aid applicants. Sacred Heart Academy treats all information provided to FAST as confidential. The results are only known to members of the Financial Aid Committee.

    How is a divorced or separated family considered in the financial aid process?
    The school requests that both natural parents provide financial information each year. In addition, if the custodial parent has remarried, the stepparent's financial information should be provided. Marriage or remarriage to, or cohabitation with, another adult by either parent creates a new family unit with new relationships. In such cases, the income and assets of the entire family unit, including stepparents and stepchildren, are viewed as relevant for purposes of calculating a family’s level of need. The School considers the obligation of the parents to new family situations in determining the aid award, but the School will not allocate the award on a proportional basis among the families involved. In cases where one parent cannot comply, the custodial parent should submit a written explanation.
     
    Whom should I contact if I have questions regarding the Financial Aid process?
    If you have questions on the application itself please contact FAST directly. The company is available 24 hours a day to help with application questions or issues. If you have questions following the notification deadline or have not heard back from Sacred Heart Academy regarding your application, please contact the Business Manager, Maria Cammarota.

    Is the financial aid grant awarded for one year or multiple years?
    Financial aid grants are awarded for a single school year. Families must re-apply each year and the amount of the grant may change dependent upon the demonstrated need of the family. If a student has an account indicating an outstanding tuition balance, parents must arrange for complete payment of the tuition owed before the student may re-enroll for the following school year and before a financial aid grant is awarded.

Did You Know...

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List of 3 members.

  • Photo of Elaine Lamboley

    Mrs. Elaine Lamboley 

    Admissions Director
    203-288-2309, x307
  • Mrs. Jennifer Raccio 

    Admissions Specialist
    203-288-2309, x344
  • Photo of Kara Redente

    Mrs. Kara Redente 

    Director of Marketing & Enrollment Management
    203-288-2309, x372