The intent of the Palma Scholarship is to honor the accomplishments of the students as well as their potential by providing funding towards Upper School tuition. The award amount each Scholar receives will depend on several factors including the number of scholars selected each year and the amount of funds available from the endowment. Awards are typically around 25% of tuition and are renewed each year as long as students meet the expectations of the program. Additional need-based aid is available for students who require further financial support (see below for more information). Scholarship decision letters will outline the total Palma Scholarship award package for all four years and will be delivered with the admission decision.
Families interested in applying for need-based financial assistance above and beyond the Palma Scholarship amount should apply by the January 31, 2019 deadline. It is important that you submit your financial assistance application by this deadline or we cannot consider you for need-based assistance in addition to the scholarship. Families will receive their total scholarship and need-based decisions along with their offer of admission. Although the amount of the Palma Scholarship will remain fixed for the duration of enrollment, the need-based portion of the award could change if a family's financial circumstances change in subsequent years.