Financial Aid Policies

• If the applying student’s parents are divorced, both households, including stepparents and/or domestic partners, are expected to contribute toward the cost of education, and both will be expected to participate in the financial aid application process.
• Parents who own their own business are required to furnish a copy of their current business tax return in addition to their personal tax returns. They may also be asked to furnish financial statements or other relevant information.
• If all of a family’s children are over the age of six, it is assumed that both parents are gainfully employed. In cases where only one spouse is employed, the School may choose to impute earnings equal to one Schenck School tuition in the Clarity income calculations.
• Ordinary business or rental depreciation or loss will not be considered in the calculations.
• Families will not be considered for financial aid unless the current year's tuition payments are up to date, and the family has completed re-enrollment for the upcoming year.
• Financial aid decisions are made on an annual basis, and recipients must reapply annually. Awards are typically less than 100%. All information supplied by the applicant is considered to be confidential. Additionally, applicants are prohibited from discussing financial aid awards with other parents or School employees other than the Head of School, Director of Finance, Controller, and Registrar.

Apply for Financial Aid