Brooklyn Jesuit Prep needs major fundraising effort to avoid closure

The school has an annual budget of about $1 million.

The school has an annual budget of about $1 million. (5/7/13)

CROWN HEIGHTS - A private school for low-income students is at risk of closing this fall.

Students, parents and faculty at Brooklyn Jesuit Prep are frantically raising money for the financially troubled middle school. The school has an annual budget of about $1 million, and students say they plan on reaching out to local businesses for major donations.

Parents only spend $75 a month to send their kids to Brooklyn Jesuit Prep, whose graduation rate is resoundingly high.

Meanwhile, the board of trustees for New York Nativity, which oversees the school, says it is optimistic about financial aid. They say additional details on the school's future will be disclosed May 24.

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