McQuaid Jesuit awarded approximately $2 million in financial assistance to 36% of our student body last year. The amount of financial aid we offer is based on the demonstrated need of the family and the availability of funds in the given academic year. The primary financial responsibility for a student's education rests with that student's parents or guardians. Financial aid funds are not intended to finance a student's entire tuition and should be considered supplementary to the parents' expected financial investment. Therefore, all families are expected to pay a portion of tuition expenses.
Our Financial Aid Mission
McQuaid Jesuit is committed to making a Jesuit education available to qualified students regardless of their financial situation.
Applying for Financial Aid
Current families need to apply by April 16, 2018.
Financial aid is awarded for a period of one academic year. Families must apply for financial aid each year their son attends McQuaid Jesuit. Annual financial need is determined in conjunction with an external agency named FAST. Those who are interested in receiving financial aid are required to participate in the FAST process each year.
The FAST financial aid assessment process is simple and online:
- Fill out the online form using information from your current tax return.
- Include any other additional information that you feel would be beneficial in assessing your family's financial need/situation.
- Please mail copies of your completed Federal (1040) tax return, W-2's and supporting documents (Schedules A, C, SE, etc.), as appropriate.
(Financial information is required of both parents whether the couple is married, single or divorced.)
Independent School Management
Attn: FAST Processing
1316 North Union Street
Wilmington, DE 19806
In the case of divorced parents who file for Financial Aid, each parent’s need is evaluated independently of the other’s.
Once completed, FAST will process an applicant’s financial information and send the results to McQuaid Jesuit. McQuaid Jesuit will then review the results and mail the corresponding financial aid grant letter to the respective family.
Important notice to returning financial aid applicants!
Applications received after April 16, 2018 will result in a reduced award for those who qualify. Please note: applications do not necessarily need to be completed by 4/16/18, primarily due to tax return issues, but the application needs to be active in the FAST system by 4/16/18 .
We do not review appeals submitted after July 13, 2018 for returning students.