Financial Aid FAQs
Is financial aid connected to the admission process?
The admission committee and financial aid committee operate concurrently yet separately. Invitations to enroll and the offer of a financial aid grant are independent decisions.
What portion of the student body receives financial aid?
26% of all students receive some level of financial support. The grants range from small grants of $1500 to grants that cover the majority of the tuition. We ask that each family pay some part of the tuition, even if it is a small portion.
What is the total of the financial aid funds that are awarded for the 2009-2010 school year?
Over $500,000 will be awarded for the 2009-2010 school year.
How and when do I complete the financial aid application?
Families who are interested in financial aid should indicate this interest on the back of their application. A copy of the Parent Financial Statement from the School and Student Service for Financial Aid and accompanying directions will be sent in late November. Families may also apply on line by going to the NAIS web site at www.nais.org and going to the link to the School and Student Services. Parents provide detailed financial information to the service which then sends a report to the school with a recommendation regarding the family’s ability to pay for an independent school education. If there are extenuating economic circumstances, we encourage families to write a letter to the Glen Urquhart Financial Aid Committee describing them in detail.
After filing the PFS, parents must send a copy of the PFS and the prior year’s income tax to the school by February 15th.
When are financial decisions made and received?
Once we receive all the necessary paper work, the financial aid committee will meet and consider all of the families who have submitted an application. Based on the recommendations of the SSSFA, the committee will distribute the financial aid funds in the fairest possible way. Financial aid awards accompany the invitation to enroll at the school.