Financial Assistance

Financial assistance for St. Mark School Tuition is available from four sources.

All applications open in January and are due April 29th

1. The Invest in Kids Empower Illinois Tax Credit Scholarship

2. The John Lancaster Spalding Scholarship Fund and

3. The Kremer Foundation

4. St. Mark Parish

*For new families who apply after the deadlines above, you may still apply for St. Mark Parish Scholarship, but funds may be limited or possibly unavailable.

*Note: All families requesting ANY financial aid must complete the FACTS Grant & Aid Application at

https://online.factsmgt.com/SignIn.aspx

1. The Invest in Kids Empower Illinois Tax Credit

The application for this scholarship is at empowerIllinois.org. Applicants must meet certain household income criteria to be eligible. Application reservations opened on January 14, 2022.

2. The John Lancaster Spalding Scholarship

This is an endowment fund established in honor of Archbishop Spalding, the first Bishop of Peoria. Tuition assistance scholarship grants are available to students enrolled/intending to enroll in grades Kindergarten through 12 in any Catholic school located in the Diocese of Peoria whose families are members of a Catholic parish in the diocese.

https://cdop.org/why-choose-catholic-schools/financial-assistance/

3. The Kremer Foundation

This grant that is offered to St. Mark may have up to $1000 scholarships for St. Mark students entering K-8th grade. Email Dr. Dillon at ndillon@saint-mark.net for more details on these opportunities.

4. St. Mark Parish Scholarship

Families must complete a FACTS application and submit a letter detailing additional assistance needed to be considered for additional assistance from St. Mark Parish.

5. Legacy Scholarship (this for Pre-K students ONLY)

This newly approved incentive was approved by the Finance Council just this year. For families who

have children in Pre-K AND any children in grades K-8th, a $1000 scholarship may be applied to your

tuition. This scholarship is available for five day/full day students only.

Step by Step instructions for FACTS Grant & Aid Application

1. Complete the application

2. Upload your 2021 federal income tax return and supporting schedules

3. Upload your 2021 W-2 Wage & Tax Statements

4. Pay the application fee

5. Submit the application as soon as possible

Assistance with your FACTS Grant & Aid Application is available online or Call Customer Service 866-441-4637

All scholarship grants are issued for one school year. Families must reapply annually for consideration. Families are encouraged to apply as early as possible to ensure ample time to gather and submit any required documents. Assistance will be based on need and completing all the required steps.

*Note: If you are awarded the Empower Illinois Scholarship or the Spalding Scholarship, your aid from St. Mark will be adjusted. If you receive the Empower Illinois Scholarship your Spalding Scholarship will be rescinded.

If you have any questions regarding financial scholarships, please contact the school office.