Financial Aid

St. Benedict is an affordable choice within private education. We are committed to providing a high-quality education rooted in the mission of the Catholic Church, ensuring that all students have the opportunity to grow academically, spiritually, and socially in a warm and inclusive environment.

Families seeking financial aid have three options to consider: FACTS, the TN ESA program, or potentially both, or the Education Freedom Scholarship (EFS). Regardless of the option you choose or your eligibility, it is crucial to upload all required tax documents at the time of submission. Incomplete applications may lead to processing delays or even denial of funds.

Apply Through FACTS

St. Benedict has a limited amount of tuition assistance to award each year as this is funded by donations. Applications for financial aid are accepted online via FACTS, our Tuition Management and Grant & Financial Aid Assessment third-party partner.

A non-refundable application fee of $45 is required to submit your application. All families must reapply annually for financial assistance.

For more information, call the Admissions Office at 901.260.2898 or contact FACTS by calling 866.315.9262. You may also email info@factsmgt.com. You may log in to your FACTS user account to review the status of your application. Please allow 2 weeks processing time before inquiring further about receipt and/or status of the uploaded documents.

Once a family chooses to enroll their student at St. Benedict, FACTS will be utilized again to set up the tuition payment plan.

Step 1: Create an account or login into FACTS and complete online application
Step 2: Upload all required supporting documentation.

APPLY FOR FINANCIAL AID

APLICA PARA AYUDA FINANCIERA

Documents required to complete the FACTS Financial Aid application

Documents required to complete the FACTS Financial Aid application

IRS Federal Income Tax Return, including all supporting schedules (the year of the tax return depends on the tax requirements of your school). If applicant and co-applicant file separately, we require both tax returns for the same tax year.
Copies of all the current year W-2 Wage and Tax Statements for both the applicant and co-applicant.

NOTE: If you are applying before you have received all the current year W-2 Wage and Tax Statements, please submit them as soon as they become available.
Copies of all supporting tax documents if you have business income/loss from any of the following:
Business: send Schedule C or C-EZ and Form 4562 Depreciation and Amortization Form: send Schedule F and Form 4562 Depreciation and Amortization
Rental Property: send Schedule E (page 1)
S-Corporation: send Schedule E (page 2), Form 1120S (5 pages), Schedule K-1 and Form 8825 Partnership - send Schedule E (page 2), Form 1065 (5 pages), Schedule K-1 and Form 8825 Estates and Trusts - send Schedule E (page 2), Form 1041 and Schedule K-1

IMPORTANT: If you file a tax return but do not have W-2 wages because you are self-employed, you will be required to submit a copy of your current year Federal Form 1040 Tax Return.
Copies of all supporting documentation for household Non-Taxable Income such as: Social Security Income, Welfare, Child Support, Food Stamps, Workers’ Compensation, and Temporary Assistance for Needy Families (TANF). If you do not file a tax return, you are required to provide documentation of all income received.
Important to know: Draft or preview copy tax documents will not be accepted.

TN ESA Program

Families may also qualify for the Tennessee Education Savings Account (TN ESA) program which is managed by the state and provides eligible families with funds to cover approved educational expenses such as tuition. This program aims to give parents increased flexibility in their children’s education by allowing them to use these funds at participating private schools and educational providers.

How to Apply

ESA TN ESA Family Handbook

Next steps after approval

How do I make a payment to my school?

Appeal Process

The Education Freedom Scholarship (EFS)

The Tennessee Education Freedom Scholarships (TN EFS) allows residents of Tennessee who have a child entitled to attend a public school in grades K-12 to use state funds toward education expenses, including tuition and/or fees at registered Category I, II, or III private schools located in Tennessee.

Of the 20,000 scholarships available, 50% will be awarded based on financial need, while the remaining 50% are not need-based. For ongoing updates about the program, we also encourage families to subscribe to the TN Department of Education newsletter.

Step by step Application Instructions

Student Eligibility Requirements For The Scholarship

Document & Application Checklist

We can help you apply to FACTS, TN ESA or The Education Freedom Scholarship (EFS)!
If you need help with the FACTS application, the TN ESA application or The Education Freedom Scholarship (EFS). Please schedule an appointment with our Admissions Office for on-site support. Assistance is available in both English and Spanish, with laptops provided for convenience. To make your appointment, please email hidroboy@sbaeagles.org or call 901.260.2846.

¡Podemos ayudarte a solicitar FACTS y/o TN ESA o The Education Freedom Scholarship (EFS)!
Si necesitas ayuda con la aplicación de FACTS, la aplicación de TN ESA o la beca de Education Freedom Scholarship (EFS), por favor programa una cita con nuestra Oficina de Admisiones para recibir apoyo. Laptop están disponible para la conveniencia de padres de familia. Para hacer tu cita, por favor envía un correo electrónico a hidroboy@sbaeagles.org o llama al 901.260.2846.

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