Financial Aid
Affording The Schenck School
The School is committed to admitting qualified students regardless of the family's ability to pay the full cost of tuition.
We acknowledge and value the financial considerations that families face when choosing to enroll their children at The Schenck School. To ensure accessibility, we offer a limited amount of financial assistance for Day School, Study Lab, and academic camp tuition.
All financial aid awards are based on a family's demonstrated financial need. In determining the extent of a student's need, consideration is given to the amount of support which may be expected from all family resources, as well as to those factors affecting a family's financial strength, such as investment savings and other assets, number of dependents, debt, and other educational responsibilities. To ensure that admission decisions are need-blind, admissions and financial aid determinations are made independently. Applicants interested in financial aid must complete their financial aid application by Friday, March 1, 2024.
To help us objectively assess what a family is able to contribute toward education expenses, we use Clarity as a confidential third party. The analysis of a family's estimated contribution is a critical component of our financial aid decision. However, it is just a start. Our final financial aid award decision is made using the figures as the baseline for our own additional review, taking into consideration our total financial aid budget, other information we may have collected, School policies and procedures, and the needs of our entire applicant pool. Therefore, the School may ask you to contribute more or less than what is estimated on the Clarity Family Report.
Schenck School Financial Aid Policies
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In the case of divorced parents, 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 will be 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 cash flow statements, balance sheets, and other relevant information.
- If a family has children over the age of six, it is expected that both parents will be gainfully employed. In cases where only one spouse is working, 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. Decisions will be communicated to applicants in April. 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 or Business Office personnel.
Application Requirements and Deadlines
Financial Aid Applications for the 2024-2025 academic year are due by March 1, 2024. To get started, go to the Clarity Application, and create an account. The application typically takes less than 30 minutes to complete. You are able to save your progress and return at any time. The
Clarity Application is also mobile-friendly so you can complete it from anywhere. Clarity is able to access your tax return directly from the IRS removing the need to upload your W-2s, 1040, and other tax information. As a part of the application, each family is required to submit a letter to The Schenck School Financial Aid Committee describing your specific reasons for seeking financial assistance.
Clarity Application is also mobile-friendly so you can complete it from anywhere. Clarity is able to access your tax return directly from the IRS removing the need to upload your W-2s, 1040, and other tax information. As a part of the application, each family is required to submit a letter to The Schenck School Financial Aid Committee describing your specific reasons for seeking financial assistance.
At the end of the application, there is a $60 fee to submit, and you can share your application with additional schools that accept the Clarity Application for no additional charge. Simply use the dropdown menu in the application to select those schools. If you need support during the process of completing your application, there is in-app support available through the “Help” button in the bottom left of the screen, as well as email and phone support at
support@clarityapp.com or 206-210-3752, in both English and Spanish.
support@clarityapp.com or 206-210-3752, in both English and Spanish.