Financial Aid
Financial Aid - MAY 1 each year
Our Lady of the Assumption continues our commitment to attract and retain students who will benefit from the educational experiences and enhance the school community by allocating tuition financial assistance to qualified applicants.
Families applying for financial assistance must be current with OLA School tuition payments to be considered for school aid.
Financial Aid and Scholarship Links
Current and Returning OLA Families
Applications for tuition assistance will be considered annually for students entering Kindergarten through Eighth Grade.
Financial Aid is available and is intended to provide assistance to families who are in need and who have met the school's entrance requirements. The FACTS Grant and Aid Company has been contracted by Archdiocese of Boston to process applications for financial aid. Whether you apply for financial aid online or you mail your application to FACTS, supporting documentation such as W-2 forms and a copy of your tax return must also be submitted with the application.
The DEADLINE FOR APPLICATIONS IS MAY 1. The school's goal is to notify current/returning students of the amount awarded for next school year by the end of the current school year.
Application for Financial Aid must be made each year that your child is a student of Our Lady of the Assumption. A family's financial situation can change from one year to the next, so applying each year keeps the process fair for all families. It is possible that a student may receive financial aid one year and not receive it the next, or a family who was not eligible for aid one year may be eligible the following year. All questions in regards to financial aid can be directed to the Finance Office at 781-598-4313.
Prospective OLA Families
Financial aid is available to families who are registered in K-8th grade. Please note that no financial aid will be granted until registration and acceptance is received.
Tuition assistance is available for students entering Kindergarten through eighth grade. The FACTS Grant and Aid applications for the following academic school year are available online after January 31st. Applications must be fully completed and verified.
Verification includes submission of the required paperwork to FACTS. The deadline to apply is May 1 each year. The goal of the school is to notify families of financial awards in May. In completing the application, please use prior year’s tax information if completing before December 31 and note that you will need to submit updated information to include the current year’s tax information as well.