- I really want the quality of an Academy education for my children, but my family cannot afford the full cost of tuition. Is there a financial aid program?
- How does the Academy notify me of its financial aid decision?
The Academy has an endowment given by alumni, parents, and friends specifically for financial aid. Financial need is the sole criterion for granting aid. Deliberations of the Financial Aid Committee are strictly confidential. The child's admission process is separated from the financial aid evaluation so that the child is guaranteed consideration on his or her own merits, not on the family's ability to pay tuition.
A report from SSS is sent to the Academy as soon as the application is processed, typically within four to six weeks. The Academy's Financial Aid Committee evaluates the SSS report and the tax return and reaches a decision based on the financial status and the amount available in the financial aid fund. A reply is mailed to the family as soon as the committee reaches a decision. Although an admission decision may be received before the financial aid decision, the enrollment contract and refundable deposit must be submitted by the designated date. The enrollment contract is not binding until a financial aid decision is finalized.