Tuition Assistance Frequently-Asked Questions
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Q: How do I apply for tuition assistance?
A: Marist contracts with an independent third-party company, FACTS Grant and Aid Assessment, to evaluate the financial information and determine an affordable tuition rate for each family. Q: What is the cost of tuition? A: The 2025-26 cost of tuition is $15,180. We work with families to make the Marist experience affordable and help ensure that cost is not a barrier with several options for tuition assistance. All prospective families may apply. Q: What types of tuition assistance are available? A: Marist distributes more than 1.2 million dollars in tuition assistance each year. This enables us to set the cost of tuition below the actual cost per student and offer additional tuition assistance to qualified families who apply through FACTS. There are two types of tuition assistance available:
Q: When do I apply for tuition assistance?
A: FACTS tuition assistance applications open on November 1, 2024. After submitting an admissions application, parents can link to the FACTS application from the Marist webpage. The fee to apply for tuition assistance is $45.00. (non-refundable). Q: What is the deadline to apply for tuition assistance? A: February 12, 2025, is the priority deadline to submit the FACTS tuition assistance application and all supporting documents. Although applications will be accepted after the due date, note that funds will be prioritized for those who applied on or before February 12, 2025. Q: Is my personal financial information safe in the FACTS application? A: FACTS gathers and secures your supporting financial documents, including tax records, using secure digital encryption. You can review their efforts to safeguard your information from this web page.... Q: What documents will I need to provide when I apply to FACTS? A: Your most recent tax return and your most recent W-2s. FACTS may also ask for a recent pay stub. If you own a business or are self-employed, please be prepared to provide supporting tax schedules or forms that reflect business revenue and expense details. FACTS will also ask for specific information about your monthly budget and assets. Q: Will I have to apply for tuition assistance every year? A: Yes. Because a family’s financial situation can change, we ask that you apply annually. This ensures we can allocate resources to the families who need them most to help fund a Marist education. Q: What is the likelihood that my tuition rate stays the same from one year to the next? A: Marist strives to be as accessible and affordable as possible, while maintaining a commitment to providing a high-quality educational experience. Decisions to change tuition are made after careful vetting by our board and campus leadership. Changes are announced at the beginning of each calendar year. If you have questions or concerns about tuition rates, please call or email the Finance Office. Q: What if I still have questions? A: Call or email us! We understand that each family has a unique story. We are here to answer your questions and accompany you on this journey. Contact our Finance Office or Alice Meyer in Admissions, and they will gladly help. |
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