Financial Aid
St. Teresa’s Academy offers assistance to students whose families are in need of financial support and every effort is made to award some tuition support to eligible candidates. Each year, STA provides approximately $1.5 million in scholarships, discounts and financial aid to approximately 50% of the student body.
STA works with Financial Aid Independent Review, Inc (FAIR), a third-party organization that analyzes applications based on a number of factors.
To be eligible for assistance, a family must demonstrate financial need and a student must meet the entrance requirements for St. Teresa’s Academy.
Parents of incoming freshmen who wish to be considered for financial aid must complete and submit a financial aid application to FAIR.
Parents of returning students must complete the application and be current on all STA-related financial obligations.
An application must be submitted every year, awards are not automatically renewed. Students may be eligible for a grant each of their four years.
To submit an online application please visit the FAIR website. You may wish to view the online application instructions prior to completing the application. A paper application is available upon request.
To begin, click on the “Parent Login” link. If you are a returning FAIR applicant, your email and password will be active in FAIR’s system. Please note the following:
- School code for St. Teresa’s is 184
- Password – sta184
- Prospective students may use the STA Student ID – sta184
All tax information is sent directly to FAIR — not to St. Teresa’s Academy. FAIR requests a processing fee for the standard application, they accept Visa or MasterCard. If applying by mail, you may pay by check.
*If the application fee is a hindrance to your family, please contact the Director of Admissions to request a fee waiver.
Important notes:
- If you have one incoming freshman and one older daughter at STA, you may apply early for both daughters.
- If you are divorced or separated, STA requires that both parents complete an application or provide court documentation stating one parent has no financial responsibility and no custodial rights. Otherwise, we cannot consider tuition assistance until both parents’ applications are complete.
For additional details, please refer to the FAQ section on the FAIR website.