FINANCIAL ASSISTANCE
and ENDOWED SCHOLARSHIP PROGRAM FUNDING SOURCES

Ministry subsidy grants from the Dominican Sisters of Springfield, annual giving gifts received from the MCHS community directed to The Sr. Simeon Fund for emergency tuition sponsorship, and the Endowed Scholarships Program, all comprise the sources of tuition assistance available to our students.      

Families apply for financial assistance by submitting documentation, including income tax information, to an outside agency which determines need.  In addition, a letter demonstrating financial need should be sent to the President's Office.  Student referrals are also advanced from within the Marian Catholic community.       

Applications for financial assistance may be obtained in the Main Office (708.755.7565).   

MINISTRY SUBSIDY GRANTS: DOMINICAN SISTERS OF SPRINGFIELD Financial assistance is largely made possible through the goodness of the Dominican Sisters who have established grants to subsidize the ministry of their Sisters. The administration of Marian Catholic has traditionally restricted their total gift to tuition assistance.     

In the 2008-2009 school year, the tuition of 176 students was subsidized in amounts ranging from $750 to $2,000, for a total of $200,000.         

THE SR. SIMEON O.P. FUND FOR TUITION SPONSORSHIP This program, an element of the Marian Annual Fund realizes the dream of Sr. M. Simeon McCoppin, O.P., MCHS Treasurer, who worked with many families to find emergency financial sponsorship to supplement the funds gifted annually by the Dominican Sisters.  Students receive tuition assistance in amounts appropriate to the situation, the need, and the availability of funds throughout the year.      

In 2008-2009, tuition sponsorships totaling $179,303 were made available to 122 students.         

ENDOWED SCHOLARSHIPS

Endowed scholarships are gifted by benefactors and awarded annually using the interest earned on the principal invested in an endowment fund.  All endowed scholarship funds are invested with professional managers and are restricted for annual tuition assistance in keeping with the criteria established by respective benefactors.  

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