At Park Street School, we endeavor to make the opportunity available for an excellent Christian education to all qualified students regardless of financial circumstance or income. Financial Assistance is available for Pre-K through Grade 6, with limited availability for Preschool. Our commitment is, whenever possible, to meet each family’s need as determined by the National Association of Independent Schools’ (NAIS) School and Student Service for Financial Aid (SSS). Once we commit financial assistance to a family, parents can expect that commitment to continue at Park Street School based on continued need and available funds.
Financial assistance is awarded based solely on demonstrated need and not on academic merit, although students must meet basic benchmarks for their appropriate grade levels. Families seeking financial assistance must fill out a Parent Financial Statement (PFS) online at sss.nais.org. The NAIS will send the results to our school. While our commitment remains to assist families throughout the education of their child, families must reapply for aid each academic year. Each year, parents will also be asked to submit current tax forms in order for final decisions to be made by the Financial Aid Committee. The process and subsequent awards are completely confidential. It is imperative that applications and tax forms are submitted by the deadline in order to be considered to receive available funds.
January 31 – application deadline for financial assistance (completed PFS through SSS)
February 15 – completed tax forms (1040 and accompanying forms and schedules) due
March 10 – financial assistance decisions given with acceptance (awards appear on enrollment contracts)
When families feel that the cost of a Park Street School education is prohibitive, we always encourage them to apply for financial assistance. Financial aid is provided to families in the form of a need-based grant that need not be paid back. Typically, just under a quarter of our students receive financial assistance. The following statistics from our 2018-2019 school year are representative of a typical financial aid year for us: