Financial Aid Policies and Guidelines for 2012-13 School Year
The financial aid committee calculates need-based aid awards after careful consideration of financial documentation provided by a boy’s family. Awards are based on need as established by the principles of the School and Student Service for Financial Aid (SSS).When allocating financial aid, the committee accounts for certain costs above tuition and fees, both required and optional. The goal is to make fair and objective financial aid decisions.
In order to be considered for financial aid the following stepsmustbe followed and the resulting paper work must be submitted byFebruary 1. You may begin the process as early as November 1.
- Complete the Parents’ Financial Statement (PFS) online atwww.sss.nais.org. Salisbury’s school code is 7060. We recommend printing a copy of the PFS for your own records.
- Upload a copy of your most recent IRS Form 1040 including all schedules and a copy of your most recent W-2 forms online atwww.sss.nais.org. This website also has directions for mailing documents. All aid awards are considered pending until a current year copy of the tax forms is received. Please do not send the documents to Salisbury School; you will be best served by using SSS.
Salisbury School considers the decision to seek an independent school education to be one requiring the active support of both natural parents. This cannot be altered by the assertion that one parent has disclaimed responsibility for educational expenses. Bearing in mind the obligation step-parents have to their natural children, we also consider the assets of step-parents. Each separated or divorced case is unique and may require further clarification or communication.
Additional awards are available to families regardless of demonstrated need. These exceptional grants include:
Merit Scholarships
A limited number of merit awards are given to exceptional candidates as determined by the admissions committee. An admissions candidate’s full credentials are evaluated, with special consideration for his academic and leadership skills and potential.
Freedom Fund Scholarship
The Freedom Fund was established by the Salisbury School Executive Committee in honor of John Niven ’76, Garnet “Ace” Bailey P ’97, and J.C. Connors P ’98 all of whom died in the attacks on the World Trade Center on September 11, 2001. Awards from the Freedom Fund provide partial scholarships available to families affected during these tragic events. The scope of the Fund has been expanded to include the children of US soldiers.
Patrick Stern ’66 Memorial Scholarship
The Patrick Stern ’66 Memorial Scholarship is designated as a financial aid award given to a qualified student with a physical challenge. Mr. Stern sustained a life-altering injury and wanted this gift to aid young men who face similar physical challenges as he did.
Salisbury School does not discriminate on the basis of race, color, creed, or ethnic origin. Approximately 33% of the Salisbury students receive financial aid that may consist of grants, loans or both. These families represent a wide-range of demonstrated need. Awards are subject to review annually and families must file an application each yearby February 1. Parents’ Financial Statements are available from the admissions office or one can apply online atwww.sss.nais.org. If you have any questions, please contact Peter Gilbert, Director of Admissions and Financial Aid, at (860) 435 5732 or visitwww.sss.nais.org.
For your reference please read
this guide to understanding private school financial aid by Brian Fisher, AdmissionsQuest.