Compass High School Financial Aid

Compass High School Financial Aid

We recognize the effort and financial commitment involved in enrolling a student at Compass. Our Board of Trustees and school staff are committed to ensuring that Compass’s specialized program is available to students and families regardless of their ability to afford the cost. We are actively fundraising for donations and grants to support a need-based scholarship program and have a plan to increase financial aid resources every year for the next five years.

The School’s Financial Aid Committee awards grants based upon careful review of each family’s financial aid application and the recommendations of School and Student Services (SSS) by the National Association of Independent Schools (NAIS). As a result, financial aid awards reflect each family’s unique circumstances, vary in size, and may change from year to year depending upon the factors outlined below. All financial aid information provided by families is kept strictly confidential.

How to Apply

There are three steps to the process:

Step One: Fill out a Financial Aid Application

Step Two:  Fill out the Parents Financial Statement (PFS) through the NAIS website

Step Three: Submit your 2015 federal tax return, all schedules, and W-2s.

 

Considerations that Affect Financial Aid Awards

  • Awards are based on the funds available and on each family’s need relative to the needs of others applying.
  • The committee considers the finances of all family members, including parents, step-parents, and domestic partners.
  • Family income, assets, expenditures, and debts are all included in financial aid calculations.
  • Compass addresses the needs of its returning families prior to reviewing the needs of new applicants.

 

Compass High School Financial Aid Policies

  • Every family, regardless of need, is expected to contribute a portion of tuition costs.
  • In the case of divorced parents, both parents must complete a financial aid application, regardless of custody or legal financial arrangements. If the custodial parent remarries, the committee will also consider the assets of the step-parents.
  • Financial aid applicants must submit their financial documentation before our financial aid committee can make a decision about financial aid.
  • When families choose to enroll a student at Compass and pay tuition in full, it is our understanding and expectation that the family will continue to do so in subsequent years unless their financial situation changes significantly.  If there is an unanticipated change in the family’s financial circumstances, the financial aid committee will consider a subsequent application for aid.