Update: KYW attended this morning’s announcement and reports more than half the students in the class of 2011 received at least one scholarship, and 94 percent plan on getting a post-secondary education.
Original report: The Archdiocese of Philadelphia has a big announcement to make this morning, and it involves money. Almost $300 million worth.
Auxiliary Bishop Michael Fitzgerald and Dr. Richard McCarron, Secretary for Catholic Education, will announce this morning the total amount of scholarship money earned by students at the diocese’s 17 high schools. Students from the high schools will share the amount their school earned for the total of $270,211,116 — a record.