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Financial Aid Brochure 2009-10
The Caedmon School does not discriminate against students because of gender, race, religion, color, disability, nationality, ethnic origin, or sexual orientation in any of the rights, privileges, programs, and activities generally accorded or made available to the students at the school. It does not discriminate on the basis of gender, race, religion, color, disability, nationality, ethnic origin, or sexual orientation in the administration of its educational policies and other school administered programs
Caedmon Financial Aid
What is Financial Aid?
Financial Aid enables The Caedmon School to support families with a range of socio-economic backgrounds. The Caedmon School considers financial need to be the difference between what it costs to attend The Caedmon School and a family’s ability to pay the tuition. Financial Aid is not a loan. Through its Financial Aid, the School supports qualified families who are unable to pay the full tuition. The amount of tuition that a family is responsible for each year is likely to increase slightly since tuition changes annually. Financial Aid is funded from The Caedmon School’s operating budget in addition to money donated by families and friends.
How do we know if we qualify for Financial Aid?
Who is awarded Financial Aid?
The Caedmon School recognizes that paying tuition is a major financial commitment. Most families adjust their spending priorities, maximize family earnings, and carefully manage assets in order to pay tuition. Providing firm guidelines to help a family decide whether to apply for Financial Aid is difficult because each family’s circumstances are different. The Financial Aid Committee’s awards are based on a wide variety of factors including income, assets (including home equity, college funds and investments), family size, and the number of children attending institutions charging tuition. In addition, The Caedmon School seriously considers each family’s financial picture when deciding on Financial Aid awards and assumes each family has provided an honest assessment of their ability to pay tuition.
How do we apply for Financial Aid?
New Families
Families notify The Caedmon School of their interest in applying for Financial Aid when they apply for admissions by checking the “Financial Aid Requested” option on The Caedmon School Application Form. The Admissions Office will send the PFS to those families in late November. The Caedmon Code for SSS is 1984.
Current Caedmon Families
Families currently receiving Financial Aid will automatically receive the PFS in early November.
Current Caedmon families requesting Financial Aid for the first time must request to receive a copy of the PFS from the Admissions Office and submit it with the required supporting documents by December 10 deadline. Applicant families must submit all their details by January 15, 2010.
What information is required to apply for Financial Aid?
What is the deadline for submitting an application?
The Financial Aid Committee must receive a complete application or it will not be reviewed. The Committee requires that the following information be sent directly to The Caedmon School no later than December 10:
- A copy of the Financial Aid Checklist Form
- A copy of the Parents’ Financial Statement (PFS) (The original copy of the PFS form must be sent to School and Student Service for Financial Aid (SSS) in Princeton, New Jersey)
- A copy of your signed 2007 and 2008 Federal Form 1040 with schedules
- A copy of your 2008 W2 and/or 1099 (all W2 forms from 2007 must be included)
- A copy of the SSS Business/Farm statement for business owners (This form can be obtained on the SSS website.)
- Any applicable statements from the Social Security Administration, Public Assistance Agencies, State Unemployment Compensation Office, or State or Private Disability Insurance Agencies for the year 2008.
The Caedmon School strongly recommends that families keep copies of all submitted forms. The Financial Aid Committee will not review incomplete applications. Applicants can be assured that Financial Aid applications and supporting documents are strictly confidential.
