By establishing a scholarship fund at the Academy, individuals join a community of alumnae and friends who share the common desire to ensure that able students can attend the Academy, regardless of their financial circumstances.

Scholarships may be named for the donor, or to honor or memorialize loved ones. Gifts made in memory of loved ones is a meaningful way to remember that special person and to leave a legacy.

Scholarship donors may specify base criteria to be used when selecting the recipient. A selection committee will use those criteria when determining the recipient.

The Director of Development at Sacred Hearts Academy will assist by working with each donor to create a written agreement. The agreement reflects the purpose of the scholarship and recipient criteria as specified by the donor. The agreement outlines the responsibilities of the Academy in awarding the scholarship.

Endowed Scholarships create a permanent fund. Contributions are prudently invested to ensure that the scholarship retains its value in the years to come. Scholarships established through endowments are funded through the income earned by the endowment. The Academy establish the "payout rate" on an annual basis.

Annual Scholarships reflect a donor's commitment to support a scholarship for a specific number of school year. Contributions are usually made and expended in the same fiscal year.