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Tuition Assistance

What is Tuition Assistance?
Tuition Assistance Awards are funds the school sets aside each year to make FSS 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. FSS 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 does Fayerweather award?
FSS awarded over $690,000 in aid to 57 students for the 2009-2010 school year. Of those 57 awards, 11 were to children new to FSS. The average award was $12,178.

What are Fayerweather's Policies for Awarding Aid?
FSS 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, FSS 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 FSS.

How does a family apply for tuition assistance?
Families must complete a Parent's Financial Statement (PFS), and a Business/Farm Statement, if applicable. For divorced or separated families, a second statement should be submitted. Your 2008 Federal Tax returns (including 1040 and all accompanying schedules) should be sent to the business office.

Fee Waivers.
The fee for submitting a PFS to SSS is $35 for online application or $42 for paper application. Fee waivers for the PFS are available to any prospective family falling within the guidelines. To obtain fee waivers, a copy of your 2008 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. Qualifying families may also waive their application fee.

Questions?
Please call Susan Lutwak, Business Manager at (617) 876-4746 ext. 715, with any questions regarding Tuition Assistance. Copies of all forms can be requested through her or through the Admissions Office. All Tuition Assistance information is strictly confidential.

Tuition Assistance Timeline for 2010-2011

Feb. 1st
  • PFS due to SSS, application Processing Center, P.O. Box 449, Randolph MA 02368-0449
  • Copy of 2008 Federal Tax returns (1040 and all accompanying schedules) due to Business Office
  • Copy of W-2 for 2009 due to FSS Business Office with PFS cover sheet

Feb. 22nd

  • Copy of 2009 Federal Tax Return(1040 and all accompanying schedules)with PFS cover sheet 2010-2011 due to SSS, application Processing Center, P.O. Box 449, Randolph MA 02368-0449. Please blacken Social security and bank routing numbers.

Mar. 10th

  • Acceptance Letters for Admissions mailed
  • Tuition Assistance award notification mailed

Apr. 9th

  • New families notify FSS of intent to enroll
  • All families notify FSS, in writing, of acceptance of Tuition Assistance award

* Your application is not complete until a copy of your 2009 tax return is submitted to SSS. All awards are provisional pending receipt of the return.

1/25/2010