Tuition, Scholarship & Financial Aid

Tuition for the 2023-2024 school year is $16,300.  Students and families will determine their payment method as a one-time payment, two payments a year or a ten-month payment plan.  Tuition payments are processed through the FACTS tuition management system.  For more information about this system, families may contact the Prep Finance Office.

Tuition assistance through financial aid and scholarship is available to students.  Last year, Scranton Prep awarded over $2.5 million dollars in financial aid to its student body.  The average award among freshmen recipients was over 5,000.

Freshmen enrollment is completed with a deposit of $500 that will be deducted from tuition. Upperclassmen deposits of $500 will be due in May and will also be deducted from tuition. Returning families will make their deposit through their FACTS account. For more information about the online payment system, families may inquire further with the Prep finance office.

Last year, Scranton Prep distributed over $2.5 million in financial aid to over 40% of its student body. Incoming freshman and families who would like to be considered for a financial aid award must apply online by January 19, 2024.  Approximately 80% of financial aid will be distributed to those who adhere to the deadline. Late applicants will be considered on a first come, first served basis.

Merit Scholarship Program

Student who score in the top 35 on the December 3rd Entrance Exam will be awarded merit scholarships.

Remaining candidates with strong entrance exam scores and exemplary classroom performances are eligible to apply for merit scholarships by 1) submitting transcripts and 2) completing the financial aid application.

Several named scholarship opportunities are available to applicants. All students who want to be considered for these scholarships must also complete the financial aid application along with any supplemental paperwork, if necessary.

Families in which parents are divorced or separated and applying for financial aid must both complete the financial aid applications for the students. If there are extenuating circumstances regarding financial responsibilities, parents are ask to submit a copy of their court approved divorce settlement or separation agreement to [email protected].