What is Tuition Assistance?
Tuition Assistance awards are funds the school sets aside each year to make Fayerweather accessible to families who could not otherwise afford the tuition. Families who demonstrate financial need are eligible. Tuition Assistance is designed to fill the gap between the tuition and fees, and a family's ability to pay those costs.

Who is Eligible?
Families who demonstrate financial need are eligible for aid. Fayerweather uses the School and Student Service for Financial Aid (SSS) in Princeton, NJ to help determine the need and to distribute funds equitably. A family's ability to pay tuition is determined by several factors, including household income, assets and number of household members.

How Much Aid Gets Awarded?
Fayerweather awarded $554,719 in aid to 48 students for the 2007/2008 school year. Of those 48 awards, 7 were to children new to Fayerweather. The average award was $11,557.

What are Fayerweather's Policies for Awarding Aid?
Fayerweather has a commitment to continue aid for returning students whose families remain within the eligibility guidelines. Once a student has enrolled in the school and is receiving Tuition Assistance, Fayerweather tries to continue to meet the family's Tuition Assistance needs. As family circumstances change, Tuition Assistance awards are adjusted up or down accordingly. Our commitment to financial aid extends to siblings of current students who will be entering Fayerweather. Families must complete a Parent's Financial Statement (PFS), and a Business/Farm Statement, if applicable. The PFS can be requested from the Business Office or Admissions Office, or can be filed on-line at www.nais.org/financialaid/sss. For divorced or separated families, a second statement should be submitted. Only the PFS form is submitted to SSS in Princeton. For the 2008-2009 school year, a copy of the PFS (and the Business/Farm Statement, if applicable) must be submitted to the Fayerweather Business Office, along with a copy of your 2007 W-2 form(s) and your 2007 Federal Tax returns (including 1040 and all accompanying schedules) by January 31st, 2008.

Fee Waivers.
The fee for submitting a PFS to SSS is $24. Fee waivers are available to prospective families falling within the guidelines. To obtain fee waivers, a copy of your 2007 Federal Tax Return with a written request for a waiver must be submitted to FSS's Business Manager, Susan Lutwak. The Business Office will mail you an SSS fee waiver card, which is to be enclosed with your PFS. Application fees may also be waived for qualifying families. Questions? Please call Susan Lutwak, Business Manager, (617) 876-4746 ext. 715, or Cynthia Bohrer, ext. 703 with any questions regarding Tuition Assistance. All Tuition Assistance information is strictly confidential.

Tuition Assistance Timeline for 2008-2009

Jan. 31- PFS due to SSS in New Jersey. Copy of PFS due in Fayerweather Business Office (and Business/Farm Statement, if applicable). Copy of 2006 Federal tax returns (1040 and all accompanying schedules) and W-2 for 2006 due to Fayerweather Business Office.

Feb. 26- Copy of 2007 Federal tax returns (1040's and all accompanying schedules) due to Business Office.

Mar. 10- Acceptance Letters for Admissions mailed. Provisional* Tuition Assistance award notifications mailed.

Apr. 10- New families notify Fayerweather of intent to enroll. New families notify Fayerweather, in writing, of acceptance of Tuition Assistance award.

* Your application is not complete until a copy of your 2007 tax return is submitted. All awards are provisional pending receipt of the return.