Because of the current financial crisis in our country, people are hesitant to consider applying to independent schools thinking they can't afford the tuitions. I am writing to tell the readers not to despair... all boarding schools offer generous financial aid to families who can demonstrate financial need.
Yes, the application process can be daunting, but the end result may be admission to a terrific boarding school program where your son or daughter can shine. And the great thing about financial aid is that your request for aid does not have any impact on admission to the school. Admissions decisions are separate from financial aid decisions. This does not mean that every family who applies for aid will get it. Schools usually get many more requests than they can meet. Sometimes your son or daughter may be accepted to the school but get put an a waitlist for financial assistance. In addition, aid is awarded on a first-come, first-serve basis and failure to meet the firm deadlines of the Financial Aid Committee may eliminate you from consideration. So be very cognizant of the deadlines. Priority for aid is oftentimes given to returning students.
All schools use the School and Student Service for Financial Aid (SSS) to collect basic information on income, assets, family size and the number of siblings in private schools charging tuition. SSS prepares a needs analysis which the school uses as a basis for its award. You can contact SSS for a copy of the Parent Financial Statement (PFS) at 866 387 2601 or online at www.nais.org/go/sss. Admissions Directors at the various schools and private Educational Consultants can help you navigate through the application process.
As stated earlier, don't give up on your dream of enrolling your child in an independent school because of finance. Take advantage of the generosity of schools through need based financial aid programs.
Good luck!!
Yes, the application process can be daunting, but the end result may be admission to a terrific boarding school program where your son or daughter can shine. And the great thing about financial aid is that your request for aid does not have any impact on admission to the school. Admissions decisions are separate from financial aid decisions. This does not mean that every family who applies for aid will get it. Schools usually get many more requests than they can meet. Sometimes your son or daughter may be accepted to the school but get put an a waitlist for financial assistance. In addition, aid is awarded on a first-come, first-serve basis and failure to meet the firm deadlines of the Financial Aid Committee may eliminate you from consideration. So be very cognizant of the deadlines. Priority for aid is oftentimes given to returning students.
All schools use the School and Student Service for Financial Aid (SSS) to collect basic information on income, assets, family size and the number of siblings in private schools charging tuition. SSS prepares a needs analysis which the school uses as a basis for its award. You can contact SSS for a copy of the Parent Financial Statement (PFS) at 866 387 2601 or online at www.nais.org/go/sss. Admissions Directors at the various schools and private Educational Consultants can help you navigate through the application process.
As stated earlier, don't give up on your dream of enrolling your child in an independent school because of finance. Take advantage of the generosity of schools through need based financial aid programs.
Good luck!!
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Tom, great pointers. I thought I'd echo your advice on being cognizant of the deadlines.
It's so important to meet every one in the process. I'd hate for a family to miss out on an independent school opportunity because of a missed deadline.