Scholarships, Grants, Aid & Tuition Discounts
Our Commitment
To help families meet the cost of a private education, Preston High School offers a variety of tuition discounts and scholarships. A tuition discount is defined as any credit that reduces tuition from the published rate.
For the 2026–27 academic year, tuition is $12,795. Discounts and scholarships awarded and funded by Preston fall into the following categories:
Register for the Preston Scholarship Exam
Students must list Preston as their 1st or 2nd choice on the TACHS Exam to be considered for Preston scholarships.
Scholarship consideration includes:
- Academic records
- TACHS scores
- Scholarship Exam results
Scholarship Exam Date: Saturday, December 12, 2026
Deadline to Sign Up: Friday, December 4, 2026
** If your student has an IEP or requires accommodations, you must send us official documentation by Tuesday, December 1, 2026.
Registration Link for Scholarship Exam Registration
Academic Scholarships
- Academic Scholarship (Merit‑based)
Full or partial scholarships are awarded to students scoring in the 90th percentile or above on the TACHS exam and demonstrating strong middle school performance.
• Four‑year award, renewable with a minimum 90 GPA and current tuition/fees.
• Cannot be combined with other Preston‑awarded assistance, except Legacy, ADNY Employee, and Sibling discounts. - Monsignor Thomas Preston Award (Merit‑based)
$4,000 per year for students scoring in the 85th percentile or above on the TACHS exam and showing promise of continued excellence.
• Four‑year award, renewable with a minimum 85 GPA and current tuition/fees.
• Cannot be combined with other Preston‑awarded assistance, except Legacy, ADNY Employee, and Sibling discounts.
Service‑Based Grants
- Mother Mary Veronica Grant
$1,000 per year for incoming students who demonstrate qualifying service during middle school.
• Applications due December 11 (late applications not considered).
• Cannot be combined with other Preston‑awarded assistance, except Legacy, ADNY Employee, and Sibling discounts.
Apply Here for the Mother May Veronica Grant
Financial Aid (Need‑Based)
Applications must be submitted annually through your FACTS tuition account (“Apply for Grant & Aid”).
- Incoming Students (Class of 2031): Deadline December 31, 2026
- Rising Upperclasswomen (2026–27): Deadline April 30, 2027
- Fee: $40, payable directly to FACTS
- Required Documents: 2025 Federal Form 1040 (or equivalent) and W‑2s
Awards are posted to FACTS accounts by May 15, 2027, in time for the June tuition installment.
Financial Aid cannot be combined with other Preston‑awarded discounts, except the Sibling Discount. It may be combined with external sources of aid.
Family Discounts
- Legacy Discount: $1,000 per year for students whose mother, grandmother, or legal guardian is a Preston graduate.
- Archdiocesan (ADNY) Employee Discount: $1,000 per year with proof of full‑time employment in the Archdiocese (letter on letterhead + paystub). One discount per household.
- NYPD/FDNY & Military Discount: $1,000 per year for families with a parent/guardian who is an active NYPD/FDNY or active/retired military officer. Proof required. One discount per family.
- Sibling Discount: $750 per year for each additional sibling enrolled. Applied to the eldest sibling’s account until graduation or withdrawal.
External Assistance
Preston partners with external organizations to provide additional tuition support, including:
- Inner‑City Scholarship Fund (programs such as Be A Student’s Friend, High School Award, Christine and Stephen Schwartzman Scholars, Gilhooley Scholarship, Kids Are Our Capital, Emergency Tuition Assistance)
- Bronx Charter School for Excellence Award
- Community Connections Scholarship
- Columbus Citizens Foundation Award
- Tri‑State Italian‑American Scholarship
- Student Sponsor Partners
Important Notes
- The sum of tuition discounts (Preston‑awarded and external) cannot exceed tuition.
- If combined awards exceed tuition, Preston will reduce its award(s) accordingly.
- Families remain responsible for general fees and incidental expenses.
- Preston may be required to report total tuition assistance to third‑party foundations, which may result in adjustments to awards.