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Affording St. John's

You Can Afford St. John’s Parish Day School

Ours is a need-blind admission program.  For this reason, the School has established a well-funded financial aid program, and scholarships, to support families who need assistance with tuition costs.  Subject to budget considerations in any given year, the School will attempt to meet the demonstrated need of all students admitted to the School.  If it is determined that St. John’s Parish Day School is where your child or children belong, we want to do whatever we can to get your child enrolled at the School.  We understand that sending a child to the right private school is a significant financial investment for a family but we are committed to have children from many different backgrounds in our school.  Except in unusual cases, the School will ask all families to pay some amount towards the student's tuition.  We offer the following financing options.


Option One:  Apply for Financial Aid


Financial aid awards are a grant from the School and do not require repayment. 


How Do I Apply?


Families should begin the financial aid application process in December.  Families must complete and submit the Parents' Financial Statement (PFS) and supporting tax documentation to School and Student Services (SSS), and independent consulting firm used by many independent schools to process financial aid applications and help a school make awards equitably and objectively on the basis of demonstrated need.  SSS requires both parents, regardless of marital status, to submit the required documentation. Financial Aid decisions will be communicated to all families who have met the stated deadlines and been offered admission to the School.


Do I Qualify?

 

Each family's situation is unique, and the ability of a family to contribute financially is based on many factors such as combined salary, available assets, or number of children in tuition-required schools.

 


How Long is Financing Available?


Awards are made for a single year only. Because a family’s financial status can change from year to year, families requesting aid must reapply on an annual basis. Barring any significant changes in a family's financial situation, and subject to the continued good standing of the student, a family can anticipate receiving comparable financial awards for the duration of a child's St. John's experience.

If we did not apply for financial aid during the admission process, can we apply for financial aid after we know we have been admitted to the School?
We strongly encourage all families who will require financial assistance to meet our stated deadlines. We cannot guarantee that funds will be available at the end of the admission season. 

If my child is admitted without any financial aid, might there be aid available the following year? 


There is little chance that a student enrolling without financial aid would be awarded aid in subsequent years without significant changes in the family's financial circumstances.  
 
If my family can't afford the SSS fee, how can we apply for the financial assistance?
SSS will automatically evaluate eligibility for families to receive a fee waiver. Fee waiver eligibility will be based on the information families submit on their PFS's regarding total income, family household size, and other factors. 

When will I be informed about my financial aid award?
You will be informed of your financial aid award when admission decisions are released. 

Does St. John's offer other tuition grants or scholarships?
Yes.  There are scholarship opportunities for members in good standing of St. John’s Episcopal Church, and the School offers some tuition grants in certain years.  Financial Aid is completely need-based. 

If we receive financial aid, do we have to pay the school back?
No. Awards are not loans and are provided to families on a need-based basis in order to ensure that the St. John's experience is accessible to highly qualified students regardless of their ability to afford our tuition. 

Option Two:  Various Tuition Payment Plans

St. John's families can pay their tuition in full by June 1. We realize this is not always financially feasible. For this reason, we offer a low-interest payment plan. Options for payment include:

  1. Prepayment of the full year's tuition - 100% by June 1.
  2. Three installments - due June 1st, September 1st and December 1st (a one-time service fee of $125 for this plan).
  3. Ten installments - due the 1st of each month starting in June 2018 and ending in March 2019 (a one-time service fee of $150 for this plan).

     

Tuition Insurance

 

All parents who return a signed enrollment contract must honor the contract obligation.  Parents who are not using Options 1 above are required to buy tuition insurance.  St. John’s has an agreement with the underwriter Dewar, Inc., and the annual premium is relatively inexpensive ranging from $60 - $200 depending on the cost of tuition.  Tuition insurance protects both the School and a family in case the family cannot finish paying for tuition, must move away, or other exigencies and emergencies arise.  Users of Options 1 may of course buy tuition insurance if they wish.

 

Confidentiality

Please be assured that the status of applications for admission and financial aid are filed in the strictest confidentiality.  A family's financial situation is known only by the administrators of the School's financial aid program. Billing processes throughout the School are designed to keep a family's financial circumstances confidential.

 

In Case Funding Becomes Limited

 

In the event that budget considerations intrude into the School’s commitment to offer tuition assistance to all families that need it, the School has established the following guidelines in order to prioritize our financial aid and tuition assistance:

 

  1. Returning students on financial aid;
  2. Returning students applying for financial aid for the first time;
  3. New students requiring financial aid, with a priority towards Lower School applicants; and,
  4. Families that submit financial aid applications late.

 

Questions: Please call our Admissions Office at 410-465-7644, ext. 287 with any questions or concerns.