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Financial AidThe Philadelphia School seeks a student body that reflects the ethnic, racial, cultural, and socioeconomic diversity of its urban environment. We try to provide assistance to those students who would be unable to attend the school without financial help. Each year, approximately 25% of the students in kindergarten through eighth grade receive tuition assistance. Unfortunately, at this time, we are unable to offer financial aid to preschool families. We assume that families applying for financial aid consider education for their children a high priority and are willing to make necessary, but not undue, sacrifices to be able to provide their children with a TPS education. To this end, we believe that both (or in some cases, all) parents will try to contribute honestly toward tuition and will seek employment if necessary in order to help defray school costs. Tuition assistance is awarded confidentially by the Financial Aid Committee each year. All financial aid is determined by the family's demonstrated financial need, and the funds available in the school’s financial aid budget. Families are required to reapply for aid each year. Although financial assistance awarded for one year does not automatically guarantee continued aid, tuition assistance will normally be renewed if a family's economic situation continues to indicate financial need. In the case of never-married, separated, or divorced parents, it is the school's policy to consider all of the income and assets available to natural or adoptive parents before making any award. In accordance with this policy, both the custodial and non-custodial parents and any spouse or partners must file the Parents' Financial Statement (PFS) with the School and Student Service for Financial Aid (SSS) through the process outlined below. In addition to financial aid, The Philadelphia School offers different payment plans to help families spread tuition out over several months. Click here for payment plan options. For a list of scholarship providers by state or tuition loan programs, please access the National Association of Independent Schools website for more information. For information about tuition assistance programs within the city of Philadelphia, please access the Black Alliance for Educational Options website or the Children’s Scholarship Fund of Philadelphia website. Applying for Financial Aid Because financial aid funds are limited, it is important that these steps be completed no later than February 5, 2010 for the 2010-2011 academic year. Families will be notified about their financial aid award by March 19, 2010. If you have not heard about your award by that time, or if you have any questions or concerns regarding your application for financial aid, please call Frances Hoover, Admission Associate, at 215-545-5323, ext. 278. When completing an application for financial aid, please be sure to include The Philadelphia School code 5752. You may begin to apply for financial aid starting on November 1, 2009. Here's how: ONLINE
Note: If you apply for financial aid online, your information will be delivered more quickly to our school, allowing us to make a faster decision about your eligibility for financial aid. BY MAIL
The Philadelphia School does not discriminate in the administration of its financial aid policies because of race, color, religion, national origin, sex, or age in violation of existing state or federal law or regulations. |
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