The goal of our parish community is that every family that desires an excellent Catholic education for their child will have the possibility to provide that, through a working partnership and collaboration between the family and our faith community. We offer many different payment options, and tuition assistance is available.
Applications are now open for Bishop’s Scholarships for the 2021-22 school year. Every year, the Diocese of Grand Rapids awards more than $500,000 through this need-based scholarship program. These scholarships help more than 1,000 Catholic school students annually.
New and returning families who are registered parishioners in the diocese are eligible to apply for Bishop’s Scholarships. They can do so by filling out an application with Smart Aid, the secure third-party service used by the diocese to collect family information and determine an unbiased calculation of financial need. Families need to show their income and expenses by providing financial documentation such as tax returns, W2s, and paystubs.
Scholarships are then awarded over the course of several rounds, until funds are no longer available. The application deadline for the first round is December 1, 2020. If families miss this deadline, they may apply in later rounds. The application is available here.
Additional Student Aid is available to Saint Paul families through the St. Paul Parish & School tuition assistance program and is also done via the application through SMART AID.
Click here for instructions on how to fill out the SMART AID application. The Smart AID virtual workshop for families who need help filling out the application will be held on November 23, 2020.
Once your application is processed, a financial aid recommendation will be forwarded to Saint Paul the Apostle offices and staff. All final financial aid decisions, including notification of an award amount (if any) will be made by Saint Paul the Apostle. If you have not received notification regarding financial aid by May, contact the school office. See below for additional information.
Round 1: Submit application by 12/1/2020 – notified by 12/18/2020
Round 2: Submit application by 1/3/2021 – notified by 1/22/2021
Round 3: Submit application by 2/22/2021 – notified by 3/16/2021
Our current Tuition Rates can be found here.
529 PLANS: A NEW WAY TO SAVE TAX-FREE FOR K-12
HOW DOES IT WORK?
- An account may be established for the benefit of an individual, and contributions may be made starting at birth and continued throughout the beneficiary’s education.
- Contributions may be made to one or more accounts by one or more individuals without income restrictions on contributors or beneficiaries.
- Money inside of the account may generally be invested in stocks, bonds, mutual funds, ETFs and other investments.
- As it grows, future income and growth inside of the account is not federally taxed.
- Future taxes if they are used for qualified education expenses.
- Up to $10,000 may be withdrawn annually for elementary or secondary education expenses.
WHAT CAN THE ACCOUNT BE USED FOR?
- Distributions from the account are federally tax-free to the extent they are used for qualified education expenses.
- Qualified education expenses include tuition, books, supplies, tutoring, transportation, computer costs and certain other costs.
- Qualified education expenses are those incurred for elementary or secondary school, as well as college.
WHO CAN CONTRIBUTE?
Parents, grandparents, godparents, aunts, uncles and anyone interested in helping provide for a child’s education.
HOW DO I BEGIN SAVING WITH A 529 PLAN?
- Speak with your financial advisor or tax advisor regarding opening up an account.
- For more information, visit MIsaves.com
- Video: https://vimeo.com/359349123