FAQ - Frequently Asked Questions About Tuition Assistance
Private education is expensive, and we know few people for whom it is not a sacrifice. To ensure that New Covenant remains economically diverse, we maintain a Tuition Assistance Program (TAP).
Q. What is TAP (Tuition Assistance Program)?
A. Tuition Assistance is a grant from the sch ool which defrays the cost of tuition to those who qualify. You can apply to participate in TAP during the admissions process.
Q. Who should apply for Tuition Assistance?
A. You are encouraged to apply for Tuition Assistance if your tuition is 10% of your total family income or greater. For example, a family making $60,000 or less with one child enrolled would qualify for assistance; likewise, a family with three students making $160,000 would qualify also. The "10% of income" test is a rule of thumb. Your circumstances may vary, so you are encouraged to talk with the Headmaster personally.
Q. Do you give multiple child discounts?
A. Yes, TAP makes it easier to send more than one child to New Covenant. With qualified assistance, your expected family contribution may be significantly reduced. You must apply for it; the TAP program addresses the financial needs of families based on qualified need. More than 30% of students enrolled at New Covenant benefit from this program.
Q. Will the Tuition Assistance grant be equal to my need?
A. New Covenant Schools utilizes the online service of Financial Aid for School Tuition(FAST) to process financial aid applications. Your situation is unique, and we consider many factors in making grants so your family's expected financial contribution can be adjusted to your circumstances.
Q. I am applying to New Covenant with a new student; can I be considered for Tuition Assistance?
A. Yes, we seek to help new families who may need assistance, and we will consider your application as part of the admissions process.
Q. Who processes my application?
A. New Covenant Schools utilizes the online service of Financial Aid for School Tuition(FAST) to process financial aid applications. All applications and supporting documents are sent directly to them. FAST returns a report to the Business Office and the results are confidential.
Q. How do I apply?
A. You must apply through the online application. If you are a current parent, you must do so by January 29, 2010. New families, of course, may apply during the application process. Click here for FAST.
Q. When will I know how much of tuition assistance I can count on?
A. FAST will process the report in 72 hours or less and return the results to us.
Q. Where can I get more information?
A. You can call Jackie Umbarger in the Business Office directly at 847.8313.
Revised 01.06.10
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Our Commitments
In tough economic times, some schools may be tempted to trim programs or defer the true costs of operating a school. New Covenant Schools is committed to maintaining the quality program you expect of a classical, Christian education. We recognize that the current economy is uncertain and difficult. Here are the commitments we intend to keep:
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- We will not change our mission or the quality of your child’s educational experience at New Covenant Schools. We do not intend to eliminate programming, especially art, science, or music,or to cut corners in our curriculum in any way.
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- We will continue to plan strategically, which includes financial planning. While the timing of various strategic items may be altered, the overall vision will not be.
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- We will continue to offer all reasonable tuition assistance. Our Headmaster and admissions office will do everything in their power to make it work for you.
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- We will continue to exercise prudent stewardship of our resources.
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