Financial Assistance

Monarch makes every attempt to support students who need financial aid. Our Financial Assistance Committee considers each application on an individual basis. The determination of need is based on a standard application process that requires all financial aid applicants to submit specific financial data by a specific deadline.

The financial aid budget is determined each school year and provides funds for partial tuition assistance. There are no full tuition scholarships granted as the Financial Aid Committee expects to see the parents’ willingness to make a commitment. Monarch has contracted with FACTS Grant & Aid to process all financial aid applications and provide an objective evaluation of each family’s need. The intent of the Financial Assistance Program is that no student be deterred by financial reasons from applying to Monarch.

Financial aid decisions are made separately from and independently of admissions decisions. Every scholarship is made for one academic school year, and the family must reapply each year in order to be considered for assistance. Families who receive a scholarship can usually expect financial aid to be continued throughout the student’s enrollment; however, the Financial Aid Committee may reduce awards or deny subsequent grant requests if the family’s financial condition improves.

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