Scholarships and Endowments Expand OPportunity Saint John’s Prep has always welcomed and supported students regardless of their ability to pay. Those commitments have helped us enroll an economically-diverse student body. Tuition assistance creates opportunity and changes the trajectory of students’ lives by sustaining their enrollment, and allowing them to realize their potential through their pursuit of collegiate and life aspirations. Today, six in 10 Prep students demonstrate need and receive financial assistance, more than doubling the number of qualifying students in the last decade. Only 38% of the total financial aid currently awarded is supported by endowments or restricted scholarship funds, resulting in unendurable tuition discounting and threatens access in the future.By establishing, or contributing to, an endowment fund or restricted scholarship, you are providing a perpetual revenue stream for our tuition assistance program, allowing us to meet the financial aid needs of our students and eliminate price as a barrier to enrollment. Gifts to an existing endowment fund can be made in any amount at any time. Named endowment funds can be created with a minimum investment of $50,000. Funds can be established with gifts of cash, securities, or through a planned gift. You can make a one-time gift or develop a plan to grow the fund to the necessary amount required before disbursements from the fund will be made. For more information on endowment gift options, please contact a member of the Advancement Team at 1-800-525-7737. Saint John’s Preparatory School is a nonprofit 501(c)(3) organization. All gifts are tax-deductable to the full extent of the law.
