St. Michael - St. Clement School is pleased to offer FACTS e-Cashier by FACTS Management Company. FACTS serves as the preferred provider for financial aid and tuition management service within the Archdiocese of Baltimore. All families are required to sign up and make payment through FACTS utilizing automatic payments (EFT) from a bank account, credit card, or processing checks sent to a secure processing center. 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:
- Current recipients of Financial Aid; and
- Financial need of a family
How do I apply for grants 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.
Flyer for 2022-2023 Financial Aid Process
The Advancement Director would be happy to answer any questions or help guide a family through the grants and aid application process. Contact the Advancement Office at 410-668-8797, x125 for more information.