Ursuline High School Endowment Grows
YOUNGSTOWN, Ohio – Ursuline High School began the 2021-22 school year with an enrollment increase. With 466 students, Ursuline is the largest high school in the Diocese of Youngstown.
The school increased its endowment fund to make tuition affordable for any family. The fund had a market value of $8 million as of Dec. 31, according to Carolyn Korenic, director of alumni and advancement.
During the 2020-21 school year, 263 students received financial aid totaling $543,000, Korenic says.
Several capital improvement projects were completed last summer. They included replacement of the gym roof, stage and classrooms in the northeastern section of the building; upgrading of the hallway adjacent to the cafeteria and stair landing and upgrading of four classrooms.
This project also included asbestos abatement, new flooring, lighting, ceilings and air conditioning, Korenic says. Nearly 90% of the building now has air conditioning.
The total project cost was $380,000. Over the last four years, Ursuline has invested $4.5 million in capital improvements.
The projects include the cafeteria, science classrooms and laboratories, art studio, chapel, distance-learning lab, classrooms and weight room/speed room.
Copyright 2023 The Business Journal, Youngstown, Ohio.