The Archdiocese of Chicago announced today that, for the first time in 45 years, all 217 Catholic elementary schools in Cook and Lake counties will remain open for the 2007-2008 school year, with no closings or consolidations.

“Our Catholic schools are the best means that we have to pass on our faith,” remarked Francis Cardinal George, O.M.I., Archbishop of Chicago. “For the good of our Church and society, our Catholic school system will continue to provide our children with opportunities for educational excellence, not only today, but in the future.”

To meet the total projected school financial deficit of $10.2 million for the 2007-2008 school year, the Archdiocese will provide $8.2 million in operating grants to schools, including $2 million for emergency reserves. In addition, the Big Shoulders Fund will provide a $2 million grant to the Catholic schools in the neediest areas of inner city Chicago.

“The financial needs remain significant for Catholic schools in the Archdiocese. Parents continue to invest in their children's future through tuition and fundraising, which accounts for nearly 80% of the overall per student cost,” said Nicholas Wolsonovich, Ph.D., Superintendent, Office of Catholic Schools. “A need for greater support continues to grow, both in the form of tuition assistance, as well as direct operating grants to schools. We are grateful for the sacrifice and commitment of Cardinal George, the Big Shoulders Fund, parents, patrons, donors, pastors and many others."