Many families do not consider independent schools due to the high cost of tuition. However, affording an independent school education is possible for families of all income levels. At Grace, we believe that the cost of an independent school education should not be a deterrent to prospective families.
Financial aid at Grace Episcopal Day School is available to those families with students in Kindergarten through 8th Grade that qualify for assistance. Families currently receiving financial aid must submit a new application each year. Every award is individualized based upon the financial assessment of each candidate and is strictly confidential. Please know that Grace Episcopal Day School may not be able to accommodate all financial assistance applicants in a given school year.
View instructions for how to apply for financial aid, and then complete the financial aid application on-line at School & Student Services. School & Student Services (SSS) processes the financial aid applications. The deadline for filing is February 29, 2020 for the 2020 – 2021 school year.
Frequently Asked Questions
How is financial need determined?
Our financial aid committee uses the confidential information that parents provide on the School and Student Service for Financial Aid (SSS) as a guide for determining awards. These awards are need-based and the family’s income, assets, debts, and number of dependents have an influence on the award amount.
How much financial aid should I expect to receive?
Awards are based on each family’s circumstances. Our goal is to award financial aid, in some form, to all families that qualify. Financial aid is not intended to cover 100% of the cost of tuition. All families are expected to contribute to the cost of their child’s education.
What if my financial situation changes?
Families must resubmit financial need information which includes current tax returns and W2’s each year. If a family’s economic circumstance changes, the award may be adjusted.
Are decisions regarding admission and financial aid related?
The determination of admission to Grace is not determined by financial need.
Is there a repayment obligation if I receive financial assistance from Grace?
There is no obligation to repay financial assistance from Grace.
What if I am separated or divorced?
The assets of both parents will be considered when making financial aid decisions. A step-parent’s assets will also be considered. Both the custodial and non-custodial parent must complete both the online submission to SSS and submit a copy of their tax return and W2’s.
If only one parent works outside the home, does this impact financial aid?
We realize some circumstances may make it difficult for both parents to work outside the home. We offer the opportunity for families to explain extenuating circumstances on their financial aid form. Otherwise, if all children are in school, the expectation is that both parents are working.
What must I provide the school to be considered for financial aid?
- An enrollment contract signed by both parents
- The required enrollment fee for the upcoming year (the enrollment fee is refundable if the award does not meet the family’s financial need)
- A completed application through School & Student Services (SSS)
- Current 1040 tax form & W2’s for both parents
Are there other ways to pay for tuition, besides receiving financial aid?
The Florida Tax Credit Scholarships, income-based scholarships, are offered by Step Up for Students Scholarship and AAA Scholarship Foundation which are available to students entering Kindergarten through eighth grade. Please visit their websites for income eligibility and an online application. Grace also accepts the Hope Scholarship, the McKay Scholarship, and the Gardiner Scholarship.