Financial Assistance - Frequently Asked Questions (FAQ)

Who can apply for tuition assistance?

Anyone who has submitted an application for admission to Monarch may apply.

How do I start the process?

You may begin the FAST process by clicking on the FAST logo located below:

  • As a reminder, you must reapply each year.
  • The application process is self-guided. You may navigate in and out of the program allowing you to partially complete an application and go back to it at another time. Online email and a 24/7 helpline is provided. Please do not call the school with questions.
  • The charge for the application is $43.00 and to paid by credit card at the end of the session.
  • After completing the online application you will be required to mail your 2015 income tax returns, W2’s, 1099’s and all schedules to: FAST Processing ISM 1316 North Union Street Wilmington, DE 19806-2594. You can also scan them to FAST through their on-line software program.
  • The Admissions Office has envelopes so feel free to stop by and ask for one.
  • If you elect to mail your tax returns, including the School’s name on the outside of the envelope will ensure faster processing of your application.

How long is financial assistance available?

Awards are made for one year only. A family must apply for assistance each year.

How is financial aid awarded?

Based on the information supplied by the family, the FAST service provides the school with a report that gives the Financial Aid Committee a general assessment of a family’s ability to pay for educational costs. The report is used as a guideline for awarding grants.

What happens if I miss the deadline to apply for financial assistance?

Funds are limited, therefore it is important that all deadlines are met. Applications received after the published deadlines will be considered only if remaining funds are still available.

Are there any income limits when applying for financial assistance?

No. Each family’s unique financial situation is assessed independently of others in the pool.

Is my personal financial information shared with anyone?

No. All information is held strictly confidential and is not shared or disseminated in any way. Only Monarch’s Financial Assistance Committee will review your application.

If you have any additional questions, you may contact Jacquice Jones, Director of Admissions, at 713-479-0800.