In 2014-15, the school budgeted $1.4 million for financial aid. Families submit financial information to the School and Student Service for Financial Aid (SSS), an independent agency to which many independent schools throughout the US subscribe. SSS does a comprehensive assessment of the financial data provided to determine a family’s estimated financial need. The Philadelphia School’s Financial Aid Committee then confidentially reviews each family’s need. Funds are allocated based on the school’s financial aid policy and available funds.
Admission decisions are made on a need-blind basis. Admission decisions are typically made before financial aid awards are granted. Financial aid awards are communicated to new families in mid-February and to current families in early March.
A financial aid application must be submitted each year. The school does attempt to provide a consistent level of support each year, assuming that there are no significant changes in the family’s financial situation.
For a full description of our financial aid program, click here.