Tuition & Financial Aid
Some Frequently Asked Questions (FAQ) about tuition and affording a St. Benedict's Prep education.
What is the cost to attend St. Benedict's?
Tuition + fees for the 2022-2023 school year are:
- Elementary Division (Grades K-5): $4,800
- Boys & Girls Middle Division (Grades 6-8): $10,460 (Note: Grade 6 pays Elementary Division tuition rate of $4,800, which is not eligible for financial aid.)
- Boys & Girls Prep Divisions (Grades 9-12): $15,020-$15,165
What does tuition + fees include?
Tuition + fees are comprehensive. The cost includes tuition, plus books, supplies, extracurricular activities, graduation, sports, travel to activities and sports, and some overnight experiences like the Freshman Overnight and The Trail.
How do families afford St. Benedict's?
St. Benedict's Prep is committed to helping students attend The Hive, regardless of their family's financial situation. In our Middle and Prep Divisions, 85% of students receive financial assistance each year. The financial aid we award totals more than $5 million annually.
Additionally, some St. Benedict's students receive scholarship assistance from The Scholarship Fund for Inner City Children (K-12) and the Student Partner Alliance (Grades 9-12). Families apply directly to these funders.
Many families enroll in the FACTS payment plan; 11 electronic payments are made automatically starting in May and ending in March.
How are you able to offer this level of assistance?
St. Benedict's is blessed to have the support of loyal alumni who give back so that present and future Gray Bees get the same foundational education they received. The Hive is also supported by foundations, corporations and friends who are inspired by the achievements of our students.
When do I apply for Financial Aid?
Families may apply for financial aid once a student receives his or her admissions decision. Instructions and a link to complete the application for financial assistance will be provided in your admissions acceptance packet. The FACTS tuition management service, an independent party, evaluates the application and makes a report to St. Benedict's. The School's Financial Aid office makes the final decision and notifies families of the amount of aid that will be offered.
St. Benedict's Prep reviews every financial aid application received individually.
Is Financial Aid available for the Elementary Division?
Rather than offer financial aid, the Elementary Division tuition is significantly subsidized, helping us keep the tuition as low as it is for all students.
St. Benedict’s Preparatory School
520 Dr. Martin Luther King, Jr. Boulevard
Newark, NJ 07102-1314