Finance news. My opinion.

February 22, 2008

High school OKs $1 million in tuition aid

Filed under: marketing — Tags: , , — Professor @ 11:23 pm

Christian Brothers High School will offer $1 million in tuition help for the 2008-09 school year, a record for the Sacramento Catholic high school.

The school's board of trustees approved the amount this week. Christian Brothers' tuition assistance for the current school year is $924,000, said spokeswoman Kristen McCarthy.

Tuition help is based on financial need. Christian Brothers provides aid to 158 of the school's 1,054 students.

Founded in 1876, the school's tuition and fees for this school year total $11,605, a 5.3 percent increase over last year.

Christian Brothers officials said in a news release that they think offering $1 million in tuition help is a first among the area's Catholic high schools guaranteed cash advance. "Time and time again, it's been shown that education is truly the only long-term solution to breaking the cycle of poverty," school president Lorcan Barnes said in a news release. "Today, 99 percent of our graduates go on to college."

Reaching the $1 million milestone allows Christian Brothers to help more students, and its students, in turn, "go on to make our community a better place," he said.

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