Financial Assistance FAQ
For the 2018-19 school year, we allocated nearly $4.5 million in financial assistance to families with annual household incomes primarily within the range of $15,140 to $285,355. Grants ranged from $7,200 to $32,550 and averaged $21,700.
Please consider applying for assistance if you feel that the cost of tuition would be out of reach, even after your family has adjusted its assets and spending habits to appropriately prioritize private school education. Please also see the available payment plans described in this FAQ.
Contact Mary Yacob if you would like to provide a broad overview of your income and assets for an estimated eligibility status.
Yes, families from preschool through grade 12 are eligible to apply for and receive need-based financial assistance.
Yes. The admission process and the financial assistance process happen simultaneously. We will deliver financial assistance and decisions to admitted families on the same day as admission decisions so they have time to consider their admission offer and meet enrollment agreement deadlines.
Catlin Gabel employs a need-sensitive admission policy, which means that the school initially determines whether an applicant meets the standards for admission without regard to the family's need for financial assistance. However, with a comprehensive yet finite budget, financial need becomes a consideration when offers of admission are made. This process can be compared to how the limited number of available spaces or boy-to-girl ratio in a class also become considerations. Our advice to families in need of financial assistance is to apply to Catlin Gabel with confidence that their admission decision will be based on merit and if admitted, the school is committed to providing an appropriate level of funding to enable their child to attend.
No. Families must apply annually for need-based financial assistance grants. However, as long as a family's financial profile remains similar from year to year and can be demonstrated through the application process, financial assistance grants will be renewed.
Every family is expected to contribute to the cost of their child(ren)'s education to the extent they are able. In order to serve the most families, the school endeavors to meet an average of 85% to 95% of a family's demonstrated need.
Financial need is determined based on the student's entire family's ability to pay tuition; therefore, Catlin Gabel requires both parents and their spouses or domestic partners, if any, to participate in the financial assistance application process. Each household must complete a separate Parent Financial Statement and provide required tax documentation. Exceptions to this policy will be considered only for extraordinary circumstances and on a case-by-case basis. Neither the school nor SSS will share confidential information between households.
Yes. So that students may fully experience all that Catlin Gabel offers, financial assistance is available for laptops (Upper School only), textbooks, learning center services, Middle and Upper School robotics, school trips, bus service, clubs and enrichment programs, outdoor education, and global education. Funds are generally calculated and awarded at the same percentage as tuition assistance.
There is also assistance for food services for those who qualify for free and reduced lunch.
We do not complete or file taxes until April 15 or later. How will that affect my application for financial assistance?
SSS must receive the Parent Financial Statement and all tax forms by the dates specified in Apply for Assistance before an application can be considered. If your taxes are not completed by the deadline due to a high level of complexity, being self-employed, or missing IRS forms, you may submit a draft or estimate of your taxes with "draft" clearly noted. The committee will be able to provide a preliminary financial assistance decision that will be finalized upon receipt of your completed taxes. The preliminary award may change if there is a wide variance between the draft and completed taxes.
If you review the financial assistance decision and feel that the tuition is still not affordable, you may appeal the decision. Please send your request in writing to Mary Yacob, assistant director of admission and financial assistance, within 15 days of receiving your award. Appeals must include new information that was not available to the committee during the initial review of your application. The committee will then review the appeal and decide, provided funds remain available, if an adjustment is warranted.
If, after completing the appeals process, you feel that you are still unable to meet the family contribution, please let the admissions office know as soon as possible in which case any deposits paid will be refunded.
Every family pays a deposit of 10% of their net tuition when returning the enrollment contract(s) to Catlin Gabel. There are several ways to pay the remaining tuition contribution. The plans outlined below are available to all families at Catlin Gabel.
Option 1: (two payments) 10% non-refundable deposit plus remaining 90% of tuition billed in June preceding the school year. A 0.5% discount will be applied to the 90% tuition amount due.
Option 2: (four payments) 10% non-refundable deposit plus 30% of tuition billed in June, September, and December.
Option 3: (ten payments) 10% non-refundable deposit plus 10% billed April preceding the school year through December. Families receiving financial assistance are exempt from the 2% service charge for monthly billing.
Contact Mary Ann Rogers in the business office for more information or to set up a special payment plan.
The committee safeguards the confidentiality of all financial information supplied by families. Documents are closely tracked and locked away daily. The school's IT office ensures that our online and network systems are protected by the latest processes and methodologies available. SSS also has security protocols that can be found on their website under Information Security.
Mary Yacob, assistant director of admission and financial assistance.
For help with your Parent Financial Statement, please contact the SSS helpline directly at 800-344-8328 or email firstname.lastname@example.org. SSS representatives are available Monday through Friday 9 a.m.–8 p.m. EST. January through March, hours are extended to 11 p.m. EST and Saturdays from 9 a.m. to 8 p.m.