SCHOLARSHIPS AND TUITION ASSISTANCE
Because finances shouldn’t dictate the best educational option for your child. Explore tuition assistance options available to you at St. Peter Catholic School!
NC OPPORTUNITY SCHOLARSHIP
The priority application period for the 2025-26 Opportunity Scholarship was February 6, 2025 – March 6, 2025.
The NC Opportunity Scholarship is based on household income. Scholarship amounts will range from approximately $3,000 to approximately $7,000. For more information, click here.
BLACK AND INDIAN MISSION (BIMO) TUITION ASSISTANCE FOR STUDENTS OF AFRICAN AMERICAN AND NATIVE AMERICAN ANCESTRY
Catholic school students (Preschool-12th grade) of African American Ancestry and Native American heritage in the Diocese of Raleigh are eligible to apply for tuition assistance. The assistance awards are funded by parish second collection donations and a grant from the Black and Indian Mission Office founded by the Catholic bishops of the United States.
- The application window for the 2025-26 school year is February 1 – March 15, 2025. Click here to apply.
- All applicants MUST complete a Catholic school enrollment application before this application will be considered. Click here for SPCS enrollment application.
- Tuition awards, expected to be $200, are sent from the diocese to the applicant’s school.
TUITION ASSISTANCE FROM ST. PETER CATHOLIC CHURCH
Tuition assistance is granted on a yearly basis for members of Saint Peter Catholic Church who qualify as having a demonstrated financial need. The church serves as many families as it can. A new application is required for each year the assistance is needed. A church application must be completed along with an online application in the FACTS program. Applicants who are planning to enroll in St. Peter Catholic School but have not received an offer to enroll are still encouraged to apply for tuition assistance if they qualify.
Families requesting tuition assistance must have either:
- submitted an application for the NC Opportunity Scholarship (click here to apply), or
- if the NC Opportunity Scholarship application is closed, provide proof they have requested to be notified if the application opens again
Both of these applications must be filled out for assistance to be considered:
Click here for the church application.
Click here for the online FACTS application for tuition assistance.
529 PLANS
The Tax Cuts and Jobs Act passed by Congress on December 22, 2017 adds new section 529(c)(7) to permit qualified tuition plans to make nontaxable distributions for tuition in connection with attendance or enrollment at an elementary or secondary public, private, or religious school, up to $10,000 incurred during each tax year, on a per-student basis.
A significant benefit of a section 529 plan is the ability to grow income tax free until amounts are distributed for a “qualified higher education expense,” which now includes tuition and other expenses for attendance at K-12 Catholic schools. Thus, the change benefits those who can and do take advantage of 529 plans.
FINANCIAL ASSISTANCE QUESTIONS?
Still not sure how to make an SPCS education work for your family? Contact our Admissions Office — we are happy to help you explore your options for financial aid and scholarships!