Tuition and Affordability

The Future Leader Scholarship Program (FLSP) is an internal monetary award distributed by Josephinum Academy to a select group of eligible student applicants. FLSP awardees are also honored throughout their years at Josephinum by receiving invitations to participate in exclusive activities, events, and opportunities.
FLSP awards are granted to incoming ninth-grade students who display high academic achievement, positive school participation, an excellent written student essay, and a letter of recommendation submission. FLSP awards are eligible for renewal each year for students who maintain the scholarship requirements. This program is available to student applicants who meet the requirements stated in the FLSP Eligibility Guidelines. The FLSP selection process will take place over winter and early spring. Awardees will be contacted directly.

***External scholarships are applied first to calculate tuition. FLSP award amounts will be calculated as a separate entity from all other external scholarship award amounts. FLSP award amounts will be granted up-to-the percentage of the award received if there is a remaining tuition balance after all external scholarship amounts are applied.

Ex: If a student receives a 75% FLSP scholarship (valued at $7,012) and an external scholarship of $2,500 for the 2022-2023 school year, then the distributed FLSP award amount would be $6,850 to cover the remaining balance after the external scholarship of $2,500 is applied. (see example A below). 

Example A:
$9,350 - 2022-2023 Tuition
- $2,500 - External Scholarship
- $6,850 - 75% FLSP Award (Initial Value: $7,012)
$0 - Tuition Balance

If a student remains in good FLSP standing and has a change in status regarding an external scholarship from one year to the next (i.e: Tax Credit Program or non-renewable external scholarships) then the FLSP amount will increase up-to the percentage of the FLSP award initially received (see example B below)***

Example B:
$9,350 - 2022-2023 Tuition
- $0 - External Scholarship
- $7,012 - 75% FLSP Award (Initial Value: $7,012)
$2,338 - Tuition Balance

Josephinum is proud to partner with scholarship organizations throughout the state to provide additional academic, social-emotional, and/or monetary support to our students and their families. External scholarships are awarded by organizations based on certain performance and/or family need-based requirements.

Please see below for a list of external scholarship partners that work closely with Josephinum. If you are interested in learning more about a particular scholarship please contact the scholarship organization directly or contact Josephinum’s Student Life and Partnerships Manager, Monique Norington-Joseph, at monique.norington-joseph@josephinum.org for assistance.

• Big Shoulders Fund

• Daniel Murphy Scholarship Fund

• Holy Family Scholars

• Link Unlimited Scholars

• Madonna Foundation

Josephinum requests that all students seeking financial aid please complete the Tax Credit submission process through the organizations listed below. Students who have completed the Tax Credit Program submission process will receive an automatic $500 discount off their tuition for the 2022-2023 school year.

Illinois enacted the Invest In Kids Scholarship Tax Credit Program in 2017. The Tax Credit Scholarship will cover up to 100% of private school tuition. To be considered for a scholarship, K-12 students must come from a household that meets the eligibility requirements of the program. View a list of Tax Credit partner Scholarship Granting Organizations (listed below) to see if your family qualifies for the program.

Accepting a Tax Credit award requires the student to forfeit financial assistance from any other external scholarship(s) that she was awarded for the school year. However, this will not impact a student’s FLSP scholarship for future years, if the student maintains her FLSP requirements. Accepting a Tax Credit award may or may not impact the student's external scholarship(s) in the following years. For questions or concerns, contact our Student Life and Partnerships Manager, Monique Norington-Joseph, at monique.norington-joseph@josephinum.org, or contact the granting organization directly.

Scholarship Granting Organizations

• Big Shoulders Fund Tax Credit

• Empower IL Tax Credit

Students who refer Josephinum Academy to a relative or friend who enrolls will receive a 5% tuition discount. Referrals received after the start of the school year’s payment plan schedule will be reflected in the student’s tuition balance for the following year. The referral discount will apply to the student's remaining tuition balance after all scholarships and financial aid awards are applied. (Up to $467.50 off for the 2022-2023 school year). Referral discounts will apply for one year and are not renewable.

A Josephinum student who refers more than one student that enrolls may stack the referral discount to receive a further tuition reduction. If a current Josephinum family has more than one student at the Jo, the family may decide which student’s tuition to apply the referral discount.

A 5% discount will be applied to a student’s tuition balance if the family is able to pay the balance in full by the first payment due date (August 16, 2022). Families who wish to pay in full must indicate this payment plan on their student’s enrollment agreement or directly contact our Business Office Manager, Lillian Torres at lillian.torres@josephium.org prior to the first payment due date.