Affording a Town School Education

The Town School is committed to supporting its families

A strong financial aid program is one facet of this support. Every year Town offers financial aid to families who demonstrate need, and these funds help us achieve our goal of being accessible to as many families as possible. Town's current budget for financial aid is 1.5 million dollars; approximately 17% of current families receive financial assistance. In addition to financial aid grants for tuition, Town has The Esther Kramer Fund, which helps families pay for other costs, such as tutoring and testing, that can be part of the cost of attending Town. Reduced fees for uniforms and events and financial support for students needing counseling are also offered by the school.

• The financial aid application process begins in November, 2010. 
  

• Please check back on this page in October for links to information and forms you will need to apply for financial aid.

Is my family eligible for financial aid?

Many factors go into determining whether a family demonstrates the need for financial aid. Family income, net worth, assets, debt, and the number of children in tuition-charging schools are some of the variables. Financial need is defined as the difference between the costs of a school and the family’s ability to pay for these expenses. If in doubt, it is always better to apply for financial aid.

How to apply for financial aid at Town

The process is simple and discreet. The Director of Finance has applications for financial aid. Parents must complete the Town School Financial Aid Form and the Parents Financial Statement, which is administered by the School and Student Services for Financial Aid (SSS).  The SSS will determine a family's estimated contribution to school costs. The Town School will then review this estimate and the applicant’s current year Federal income tax return to determine the actual financial aid grant. The Head of School, the Director of Finance and the Director of Admissions are the only people who review financial aid applications. All information is held in strict confidence. Once reviewed, a determination is made and the family is notified. Financial aid is given for the academic year - families must reapply for aid every year they think they need it. All financial aid is based on need; Town does not offer merit scholarships. Regardless of need, all families that receive financial aid make some contribution to the cost of tuition.

Deadlines for Applying for Financial Aid

All forms for the 2011-2012 school year must be completed by January 30, 2011. Financial aid determinations are made by March 1. Questions about financial aid can be directed to Freda Gimpel, Director of Finance or Natasha Sahadi, Director of Admission.