FAST
Eagle Hill facilitates tuition support through the utilization of FAST (Financial Aid for Tuition), an online program sponsored by Independent School Management, to process all financial assistance applications. By leveraging their services, the School assesses the amount a family can contribute towards their student(s)’ education costs. Utilizing this information, along with our financial aid budget, collected data, school policies and priorities, as well as the needs of all students and applicants, we determine financial aid awards. We operate under the assumption that all families will contribute to their student’s tuition to some extent.
Financial Aid is confidential and separate from admissions. Once admitted, the Financial Aid Committee assesses the family’s needs and determines support eligibility. However, funding availability is limited, and we cannot guarantee specific levels or amounts.
Timetable for Applying for Financial Aid
Re-enrolling families shall receive priority consideration for financial aid. Their applications are due by December 15 preceding the beginning of the academic year. If a family fails to meet the deadline, however, the student may not be funded, even if the student received aid the previous year.
Eligibility and Requirements
All families must apply through FAST and submit the required supporting documentation. In addition, the Financial Aid Committee implements the following principles and practices:
Divorce/Separation
If parents are divorced, the custodial and non-custodial parents are both required to apply for financial aid and submit the required forms. If the custodial parent has remarried, the Committee will consider the assets of the step-parent, keeping in mind the obligations he/she has to his/her children from any prior marriage.
Parents Voluntarily Reducing Income
Financial Aid may be reduced or declined if a parent voluntarily terminates employment, chooses to start a business, return to school or change careers.
Non-Working Parents
If one parent is not working and has children who are in school full-time, the Committee may recalculate need using an imputed, minimum income for the non-working parent. This does not apply if a parent is caring for an elderly parent, caring for children not of school age full time or unable to work.
School Balances
School balances for the current year must be paid before a new application will be considered.
Change in Financial Circumstances
It is assumed that if there is a change in financial circumstances, parents will notify the school and take responsibility for an adjusted amount of tuition and fees.
Financial Aid for Subsequent Years
Awards are made for the current academic year only. All applicants must complete a financial aid application and supporting documentation each year they request aid.
Apply for Financial Aid