Endowment for Students
A commitment to offer a Cathedral Prep education to all qualified students, regardless of their financial standing, is a traditional and widely acknowledged strength of the school. We simply do not want capable students excluded for financial reasons.
To this end, every Cathedral Prep student received some form of financial assistance since the actual cost to educate a student is approximately $4,000 more than the amount of tuition. In addition, we award nearly $750,000 in financial assistance to young men & women at VMA & Prep with demonstrated financial need – some 50% of the student body – each year. Yet, the legitimate requests for aid far outstrip the funds currently available. It is imperative to strengthen Cathedral Preparatory School’s financial aid endowment pool for the sake of educating talented and deserving students in the years ahead, and it serves to keep tuition affordable for all area families.
We are committed to:
• Strengthening the school by accepting the strongest possible students without regard for their ability to pay the full tuition.
• Ensuring that a Prep education remains affordable for all families.
• Enriching the school community by reaching out to a more diverse population.
Several endowment opportunities will honor these commitments:
General Scholarship Fund
Gifts of any size designated for financial aid endowment will be pooled in this fund. Earnings will be awarded on an annual basis by Cathedral Prep’s Financial Aid Committee
Named Scholarship Endowments
Gifts of $50,000 or more will provide a named scholarship in the student financial aid program. Such gifts can honor or memorialize a family member or friend, or the benefactor. Each fall semester, donors will be sent information about the specific students their generosity supports, as well as the investment performance of the fund.
For more information, please contact Mrs. Lauren Varner, Director of Advancement at 814-838-2061 ext 3245 or at firstname.lastname@example.org.