Tabor’s need-based financial aid program is guided by the National Association of Independent Schools’ “Principles of Good Practice for Financial Aid Administration.” In order to determine a family’s demonstrated need, Tabor subscribes to the School and Student Services (SSS) for financial aid. SSS is a service of the National Association of Independent Schools. Based on the financial information provided, SSS gives Tabor an estimated amount your family can contribute to educational expenses which helps the school make fair and objective financial aid decisions.
You may begin to apply for financial aid on November 1. To be eligible for consideration for financial aid, you must complete the financial aid application by January 15. Financial aid decisions are included with admissions decisions communicated to families on March 10. Awarded grants are conditional upon review of a family’s current federal tax return which must be submitted online with SSS no later than May 1 of the year preceding the next academic year. If your child is required to file a tax return, that form must also be submitted to SSS.
Because we cannot provide aid to all of our qualified applicants, Tabor will wait-list an applicant who qualifies for financial aid if we do not have both financial aid and a place available. Once an applicant who qualifies for financial aid has been wait-listed, both a place and financial aid must become available before that applicant will be taken off the wait-list.
Do I need to reapply for financial aid in subsequent years?
Families must reapply for financial aid annually at http://sssbynais.org/
. If a family’s circumstances do not change, that family should expect to continue to pay tuition at approximately the same level throughout their child’s tenure at Tabor Academy. Financial aid packages do not include programs beyond those expected of all students.
For more information about financial aid, please read Understanding Private School Financial Aid
. This link is an ebook written by Brian Fisher of AdmissionsQuest that can be very useful to families who are applying for financial aid.