Tuition and Financial Aid

We Are Committed to Making St. Michael’s Affordable

HOME > ADMISSIONS > Tuition and Financial Aid

Nearly 85% of our families utilize tuition assistance programs

A St. Michael’s education is an investment in your child’s future and is more financially attainable than many families realize. Nearly 85% of our families utilize tuition assistance programs such as tax-credit donations, ESA funds, and need-based aid awarded by the school.

100%

Tuition coverage assistance is available

%

of families utilize ESA funds to offset tuition

%

of students receive need-based tuition assistance

Tuition Assistance Pathways

ARIZONA TAX CREDIT SCHOLARSHIPS

Tax payers may redirect tax liability to School Tuition Organizations (STOs) to help support tuition costs.

!

UNIVERSAL EMPOWERMENT SCHOLARSHIP (ESA)

ESA is available to all families, regardless of income, and is designed to expand educational choice.

!

NEED-BASED TUITION ASSISTANCE

Families with demonstrated financial need may seek school-awarded tuition assistance.

!

We are committed to helping families explore their tuition assistance options because we truly believe that every child deserves access to the kind of education offered at St. Michael’s, one that builds not only strong minds, but also character and confidence.

Arizona State Tax-Credit Program

Thanks to Arizona’s tax-credit program, families can access unlimited tuition assistance through donor contributions – regardless of family income or assets. 

Taxpayers may redirect a portion of their Arizona tax liability to School Tuition Organizations (STOs), which provide tuition assistance for students attending independent schools like St. Michael’s.

Arizona Universal Empowerment Scholarship Award Program (ESA)

ESA is the most common funding source for St. Michael’s families, regardless of income. The state’s expanded program allows families to opt out of public education and receive state funding for defined educational uses, including tuition at independent schools. Awards range between $6,000 and $6,500 per child, annually. (Please note that ESA funds cannot be combined with AZ State Tax Credit funds or in-house financial aid.)

Need-Based Tuition Assistance 

St. Michael’s need-based tuition assistance program is funded entirely through private individual and corporate tax-credit donations. Approximately 18% of our students receive tuition assistance.

Financial aid is awarded based on demonstrated need only; no merit aid is offered. Families are responsible for initiating the application process annually and meeting all deadlines.

Tuition assistance applications are completed annually through FAST (Financial Aid for School Tuition), which securely processes all financial information and provides step-by-step guidance and a 24-hour helpline to assist families with questions throughout the application process.

Please note that tuition assistance awards may not be combined with ESA funding; however, families may supplement need-based awards through Arizona’s tax-credit program.

More

Families must register with an STO to be eligible for funding. Many families also invite family members and friends in Arizona to make tax-credit donations, helping further reduce out-of-pocket tuition costs.

Parents are welcome to register with their STO of choice. For student-designated donations (recommended funds), St. Michael’s works closely with the following STOs:

Institute for Better Education (IBE)

Arizona Tuition Connection (ATC)

Arizona Leadership Foundation

AAA Scholarship Foundation

Tuition Rates for 2026-2027 School Year

PRE-K: $10,450

LOWER SCHOOL (Grades K-4): $14,175

UPPER SCHOOL (Grades 5-8): $14,825

Just a few of the benefits that make a St. Michael’s education exceptional include: 

  • Average class size of 14 students with an overall 8:1 student-teacher ratio school-wide
  • Integrated technology in every classroom
  • Enrichment classes for all grades – including PE, Music, Art, and Spanish
  • Year-round athletic & intramural programs
  • Tuition Assistance for all students via AZ State Tax Credit Scholarship Program and Empowerment Scholarship Awards (UNIVERSAL ESA)
  • Accredited by the Southwestern Association of Episcopal Schools (SAES)
Enrollment Deposit:
A non-refundable deposit of $700/student ($500 tuition deposit, $200 enrollment fee) is due upon signing the enrollment contract. If applying for need- based tuition assistance through completion of the FAST application, only the $200 enrollment is required.

WHAT IS THE ACTUAL COST OF TUITION?

Tuition varies by grade level. However, many families do not pay the full tuition amount. Families who qualify for the Arizona Empowerment Scholarship Account (ESA) often pay substantially less, as ESA funds may be applied toward tuition. Through Arizona’s Tax Credit Program, available to families regardless of income, some families are able to have their tuition fully covered. Our admissions team is happy to help families understand their options and estimate their out-of-pocket costs.

Affordability Workshops

Join us to learn about funding pathways for your child’s education.

  • What are Empowerment Scholarship Accounts (ESAs)?
  • What are School Tuition Organizations (STOs)?
  • Who is eligible to participate?
  • Can I use the two programs concurrently?
  • How do I apply?

We have a few remaining workshops for the 2025-2026 school year. Workshops are offered at 6 PM on the following Wednesday evenings:

  • February 18, 2026
  • April 1, 2026

Let’s Connect!

Choosing the right school for your child and family is an important decision. I’d love to help you navigate the process and explore tuition assistance options.

Feel free to schedule a time to meet, join us for a tour, or attend one of our admissions events or affordability workshops offered throughout the school year.

Please do not hesitate to contact me if I may be helpful to you in any way.

Annie O’Meara

Director of Enrollment & Financial Aid

From the moment we first toured St. Michael’s beautiful campus, we knew it was the right place for our daughter. We can say, without hesitation, that enrolling our daughter was one of the best decisions we’ve made for her future!

The Blue Family - Lower School Parents

Ready to take the next step toward one of the best decisions you can make for your child? The first step in the application process is completing an Admissions Inquiry Form. 

Schedule a tour

Steps to Apply

Additional Tax Credit Opportunities

There are four different ways that families can use tax credits to help defray the tuition costs at St. Michael’s. All Tax Credit funds must be channeled through School Tuition Organizations, or STO’s. There are currently over 70 STO’s in Arizona that all have different constituencies and policies. It is important to note that Arizona law prohibits parents from using their own personal tax credit to benefit their own children. This means that you can’t apply your tax credit to your own child, and you may not direct it in any way that will even indirectly benefit your child. Hopefully the following information will help you understand some of the most pertinent options available to you.

Your Personal Tax Credits

St. Michael’s asks that all parents direct their personal tax credits to the Arizona Episcopal School Foundation (AESF) with a designation that their funds go to St. Michael’s School. Your donation may be made at the AESF website. By increasing these funds, and hence increasing the size of the student body, St. Michael’s is able to keep tuition low for all students.

St. Michael’s Direct Tax Credit Assistance

Each year St. Michael’s takes the Tax Credits received from parents and friends of St. Michael’s and allocates them, based on demonstrated financial need, to St. Michael’s students. The school’s policy is to require any recipient to pay whatever portion of the tuition they can reasonably afford and then have tax credits make up the difference. Learn more about financial aid.

General Funds STO’s

Some STO’s have policies of helping students from any school and are generally based on financial need. Once a family gets accepted by these STO’s there is a high probability that they will be assisted for years into the future as long as their child continues to attend a private school and their financial situation does not dramatically change. Examples of these STO’s include:

Arizona School Choice Trust

AAA Scholarship Foundation

Donor Directed Tax Credit STO’S

A small group of STO’s allow donors to direct their credits not only to specific schools, but to specific students within those schools. Therefore, friends, relatives, business colleagues, etc., can be contacted by you and encouraged to direct their tax credits to your children without any restriction regarding the financial needs of the child. This is an excellent method for middle income families to receive help even though they might not qualify for straight needs based assistance. Examples of these STO’s include:

Arizona Tuition Connection
Institute for Better Education

Tips on Using Tax Credits

Tax Credits can be a very complicated issue for both the donor and the recipient. Arizona law has developed several ways to donate, made the allowable limits different for couples and individuals, and made the carryover provisions somewhat difficult to understand.

The following tips are helpful in trying to take maximum advantage of these credits:

  1. The amount that can be claimed each year is not limited by the amount that is due on April 15, but on the total tax liability for the year. If a couple has paid $2,000 in tax withholdings during the year and only owes $100 on April 15th, they can make a $2,000 contribution to an STO and claim it on their return. They would then not be responsible to pay the $100, and would receive an additional $1,900 refund after their filing.
  2. Contributions to STO’s can be made up until April 15th for the previous tax year.
    Many STO’s accept credit card payments. Therefore, if timed properly, the donation can be made with no out of pocket expense. By the time the credit card comes due the refund has been received back from the state and can be used to pay off the credit card.
  3. Most computerized tax filing programs (including TurboTax and FreeTaxUSA) have the Arizona tax credit built into their programs and no special effort is needed to obtain your refund.
  4. Most STO’s have extensive marketing assistance, such as personalized webpages and brochures, to help you raise funds through friends and family. 

Discover how your child can grow at St. Michael’s School!

Capital Campaign Donation

Name
Affiliation

Halo Fund Donation

Name
Affiliation