Grant & Aid

Financial Assistance

The financial commitment and sacrifice families undertake in deciding to send their children to a Catholic school is understood and appreciated. And although paying for education is first and foremost the responsibility of a family, each school, parish and the Archdiocese of Baltimore devote significant funds each year to financial aid programs that help assist families. In turn, our school communities benefit by attracting students that otherwise would not be able to attend our schools. The FACTS financial aid application can be completed for students in Kindergarten through 8th grade. PreK students are not eligible for financial aid.  

Important Application Dates

Grant & Aid Application Opens November 1, 2024
Grant & Aid Application Due Date: February 28, 2025

Families applying for financial aid will need to complete an application and submit the necessary supporting documentation to FACTS Grant & Aid Assessment by February 28, 2025. Applicants must apply online and there is an application fee.

For further information or questions, please contact Mrs. Dolores Schiavone, Business Manager, at 410-668-8466 or dschiavone@ihmschoolmd.org.

Scholarship Opportunites 

Knott Scholarships

Knott Scholarships 

The Knott Scholarship Funds have been providing merit based, full-tuition scholarships for academically talented Catholic elementary and secondary school students for 41 years. Awarded in the 4th grade for grades 5 through 8, or 8th grade for grades 9 through 12, scholarships are awarded to Catholic students in the Archdiocese of Baltimore who wish to attend a Catholic school. Applications are available beginning in January and are due in March for awards for the following year For more information, please visit www.knottscholar.org  

 

Knott College Scholarships are also available for the three Catholic universities in Maryland.  Please visit our website for more information www.knottscholar.org

The Theresa F. Truschel Charitable Foundation, Inc.

The mission of the charity is to provide scholarships to students attending Catholic schools at all levels within the Archdiocese of Baltimore. Please check Theresa F. Truschel Foundation website for the application deadline and requirements.

BOOST - Broadening Options and Opportunities for Students Today

The state of Maryland enacted the BOOST Scholarship Program in 2016 to give K-12 students from lower-income families an opportunity to find the best educational fit for their needs by awarding applicants with scholarships to attend nonpublic school. Find out more information about BOOST and the application requirements. 

Child Care Scholarship Program

The Child Care Scholarship (CCS) (formerly known as Child Care Subsidy) Program provides financial assistance with child care costs to eligible working families in Maryland. The program is managed through a centralized vendor — Child Care Subsidy Central (CCS Central). This assistance can be applied to our Beyond the Bell Program and/or our PreK tuition. Find out more and about the Child Care Scholarship by visiting their website. Applications can be submitted directly on their website.

FACTS

Tuition

Immaculate Heart of Mary School is pleased to offer FACTS e-Cashier by FACTS Management Company. Through FACTS e-Cashier you will be able to:

  • Plan I: Arrange for single payment
  • Plan II: Arrange for monthly payments
  • Plan III: Arrange for semi-annual payments

FACTS e-Cashier will allow you to make payment(s) by:

  • Check (for Plan I only)
  • Automatic checking or savings account deductions (U.S. Banks Only)
  • Credit Card (a convenience fee of 2.5% will apply)

Access FACTS and register for your payment plan at online.factsmgt.com.

It is understood and appreciated the financial commitment and sacrifice families undertake in deciding to send their children to a Catholic school. And although paying for education is first and foremost the responsibility of a family, each school and the Archdiocese of Baltimore devote significant funds each year to financial aid programs that help assist families. In turn, our school communities benefit by attracting students that otherwise would not be able to attend our schools.

What is grant and aid?

Tuition assistance is a need-based analysis of the cost of education vs. a family’s ability to pay and these awards do not need to be repaid. To objectively assess what a family is able to contribute to its student(s) education expenses, an independent third party (FACTS Grant & Aid Assessment) is used. The money awarded will be distributed under the following priorities:

  1. Current recipients of Financial Aid; and
  2. Financial need of a family
How do I apply for grant and aid?

First, financial aid is available to registered parishioners of any Catholic church in the Archdiocese of Baltimore. A financial grant may apply to each student, so a family with several children in the school or in various Catholic schools in the Archdiocese could receive a grant for each child. This financial aid is available for need-based families and the money for tuition assistance comes from your fellow parishioners. Need is determined through an online FACTS application at online.factsmgt.com. Please contact your pastor for more information on how to apply for financial aid.

Additionally, tuition assistance is awarded by the Archdiocese of Baltimore. Archdiocesan tuition assistance generally comes from two funding sources: the Partners in Excellence Program and the Archdiocese of Baltimore School Fund. The Archdiocese is also contracted with FACTS so each family need only apply for grant and aid once. All applications will be reviewed by the Archdiocese to determine which families may also qualify for Archdiocesan aid. Grants awarded by the Archdiocese are renewed annually for the child’s entire K-12 Catholic education as long as the family is still eligible. Completed applications must be received no later than February 28th annually. All tuition assistance awards are contingent upon a completed FACTS application with all required documentation submitted prior to the first day of school.

Access the FACTS Grant and Aid Assessment FAQ.

A staff member of Immaculate Heart of Mary School would be happy to answer any questions or help guide a family through the grant and aid application process. Please contact us for more information.

Ready to explore Immaculate Heart of Mary?

Immaculate Heart of Mary School is located in Towson, Maryland. It is a private Catholic School for students in grades PreK through 8th grade. If you are interested in learning more about the admissions process for the upcoming school year we encourage you to contact us today!