With a budget of over $3.5 million for the 2018-2019 school year, our financial aid program assists more than 180 qualified students to make a Saint Andrew’s education financially feasible. Grants range from 12% to 98% of tuition for day students and 23% to 96% of tuition for boarding students.
Financial aid is awarded on the basis of a family’s demonstrated need. “Need” is defined as the difference between tuition plus expenses and a family’s potential expected contribution. To help evaluate demonstrated need, Saint Andrew’s School employs the nationally standardized system for analysis through School and Student Services
offered by the National Association of Independent Schools (NAIS).
The Financial Aid Committee uses the methodology developed by SSS as the basis for determining what a family might reasonably be expected to contribute toward educational expenses. This formula considers income, assets, liabilities, and expenses of the student and the parents. It also considers the age of the parent(s), family size and any additional children in tuition-charging schools. Ultimately the formula seeks to determine a family’s discretionary income – the income over which a family has the choice as to how it is spent.
Every student that applies for admission to Saint Andrew’s School in Boca Raton, Florida, may also apply for financial aid. Often, more families qualify for financial aid than we are able to fund and, as a result, there may be some families who qualify for aid to whom we are unable to make an award. Since the admission application and financial aid application are two separate processes, a student may be accepted to Saint Andrew’s School but may not be offered financial aid.
Though we make every effort to meet a family’s demonstrated need, we may not be able to do so in every case.