Skip To Main Content

Tuition Assistance Program

Families should note that the actual cost of educating each student at Ursuline Academy exceeds the cost of tuition by $3,000.  We are grateful for the support of the extended Ursuline family, including alumnae, benefactors, foundations and current parents, who help to support our Annual Fund each year to offset this cost, which in turn, keeps the tuition affordable.

We work with FACTS Tuition Management for grant and aid assessment. Each year, Ursuline Academy awards need-based tuition assistance to approximately 26% of our students. These grants are awarded to qualified students based on their parents’ submission of the FACTS application for financial aid.  These grants are tuition assistance awards, and as such, they are considered a gift and therefore there is no obligation to pay them back.  

Interested families should not be deterred by cost. We encourage prospective students to submit both the application for admission on Ravenna and the FACTS application through FACTSmgt.com. Students who qualify for admission will then be reviewed by the Admissions Committee to determine your eligibility for scholarship and tuition assistance so that your family can make an informed decision regarding enrollment.

To apply for Tuition Assistance, please follow the instructions below.

Please note that Tuition Assistance awards are not automatically renewed, and parents must re-apply through FACTS for each subsequent year a student is enrolled.  

FACTS Tuition ManagementApplying for Tuition Assistance

Ursuline Academy uses the FACTS Grant & Aid Assessment tool to guide financial aid decisions. The Academy awards aid based on the estimated need as calculated by FACTS and other factors. 

When applying for financial aid, please use your current and prior year's tax returns and W2's as you complete the FACTS application. Late applications cannot be considered until the spring.

Procedures for New Students

  • To apply for tuition assistance for the 2023-24 Academic Year, the priority deadline is January 15, 2023.
    (Please note that FACTS requires two weeks from the submission date to make a determination.)
  • In order to be considered for need-based assistance, please complete the online application with your 2020 tax returns, schedules and 2021 W2's. Submit to FACTS beginning in October and no later than January 15, 2023.
  • Families who derive any part of their income from self-employment or receive no W2 forms must also provide copies of their final 2020 tax return.
  • Financial aid decisions will be emailed on March 4, 2023.

Financial aid questions should be addressed to FACTS Management at 866-441-4637 or to the Ursuline Business Office via email. Applications and supporting documents must be submitted to FACTS by the dates indicated. Admission decisions are made without regard to requests for financial aid.

Apply online to FACTS

 

Special Requests

The global pandemic has impacted us all in countless ways, and has presented an economic hardship for some of our families. If you anticipate having difficulty meeting your tuition obligation, please contact our Director of Finance and Business Operations, Leigh Ann Luetzen, at lluetzen@ursulineacademy.net.