Need-based tuition assistance is available to families of currently enrolled or newly accepted students in Kindergarten – grade 12 who demonstrate need. A family’s need depends on many variables, such as family income, number of dependents, age of parents, other tuition expenses, unusual medical expenses, taxes, assets, liabilities, etc.
Need-based award amounts range from $1,000 to $18,500 as documented need warrants and funds permit. Need-based assistance cannot be combined with merit-based awards. At Country Day, it is expected that every family invest monetarily towards their child's education.
Need-based tuition assistance is awarded annually provided the family continues to demonstrate financial need. Therefore, families of returning students must reapply for tuition assistance each year. The family may expect that a student’s tuition assistance award will be consistent from year to year, assuming that the family’s financial circumstances do not change and all deadlines are met.
Prospective students who are interested in need-based tuition assistance must complete the following steps:
- By December 1, submit the Parents Financial Statement (PFS) directly to School and Student Services for Financial Aid (SSS) at sssbynais.org/parents along with your signed 2017 full Federal Income Tax return with all applicable schedules. Families may apply for tuition assistance consideration during Regular Decision. Awards will be made on a rolling basis and as long as funds remain available.
- The notification of tuition assistance will be mailed to all parents/guardians who have completed the above steps and whose child has been admitted or offered reenrollment to Country Day. Any award will be contingent upon receipt of the signed Federal Income Tax Return. Parents/guardians must also sign and return the student’s Enrollment Contract, and Tuition Assistance Award Form.
- By April 15, send a signed copy of your 2018 Federal Income Tax Return with all applicable schedules to School and Student Services (SSS by NAIS). Your tax return must be mailed or uploaded to SSS and needs to be accompanied by a SSS cover sheet, printed from your Family portal. If you do not file taxes, you must complete IRS Form 4506-T for verification. Failure to complete one of the two processes for verification in a timely manner, will result in your assistance award being cancelled. Depending on the time of year, your award could be cancelled but you could be held liable for the full amount of tuition. If the parents/guardians have filed for an extension, they must submit a copy of the extension by April 15.
When new applications for aid exceed the availability of funds, it is sometimes necessary for prospective students to be placed on a waiting list for need-based assistance.
Country Day reserves the right to request additional information before making tuition assistance awards. Awards may also be adjusted when tax documents and other records are different from the information submitted on the PFS.