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Affordability


Here at St. Anne’s-Belfield School, we understand that the greatest investment a family can make is in the education of its children.

We are truly committed to nurturing a diverse and inclusive student body by making education opportunities available to qualified students, regardless of a family’s ability to pay. Our Office of Admission stands by to help you every step of the way through our admission processes, and our Financial Aid Specialist Morgan Rakes is happy to answer your financial aid inquiries. Thank you for considering becoming part of the St. Anne’s-Belfield School community!

 

Financial Aid Frequently Asked Questions

Will applying for financial aid affect my child's chances for admission?

No. Admission decisions and financial aid assessments are made independently.

WHO MAY APPLY FOR FINANCIAL AID?

We strongly encourage all families, new and current, to apply for financial aid if they believe aid is needed in the upcoming school year.

How are awards determined?

A family's eligibility is determined through a careful analysis of information provided on SSS’ Parent’s Financial Statement (PFS) along with a submission of a family's current, complete income verification. Award sizes are determined by the St. Anne’s-Belfield School Financial Aid Committee, which is guided by a standardized calculation derived by SSS. This calculation considers gross taxable and non-taxable income, assets, liabilities, family size and the number of students in tuition charging institutions. After allowances for basic living necessities and taxes, discretionary income is considered available for education on a sliding scale. Families should expect to contribute to their child's educational costs at the highest possible level given their economic situation.

What happens in cases of divorce, separation, and single parents?

In cases of divorce or separation, St. Anne’s-Belfield School requires both biological parents to apply for financial aid. If there are extenuating circumstances that prevent one parent from applying, please contact the Financial Aid Specialist Morgan Rakes at (434) 296 - 5106.

HOW DO FAMILIES LIVING OUTSIDE THE UNITED STATES (INTERNATIONAL FAMILIES) APPLY FOR FINANCIAL AID?

Families who live outside of the US who do not file a US federal tax return, Form 1040, are asked to complete a PFS and do so by using US dollar equivalent. Families are also asked to provide documentation of the family’s total income, including a statement from their employer with annual income and wage reports.

Does St. Anne's-Belfield School offer merit scholarships?

No. Financial awards are based on a family’s demonstrated need only.

Will my child's financial aid award change from year to year?

Financial need and awards are recalculated every year, using current information. If there is little change in a family’s circumstances, one can expect that grants will be renewed at a similar level. Bear in mind that any tuition increases may be shared between the family and St. Anne’s-Belfield School.

Are there any special requirements for students who receive financial aid?

No. All students are expected to maintain solid academic and personal standing within the St. Anne’s-Belfield School community.

Is it worth applying if I am not sure our family will receive aid?

Family circumstances differ greatly and there are factors other than income that affect award decisions. St. Anne’s-Belfield School is committed to meeting the need of a broad spectrum of families.

Is my financial information confidential?

All applications for financial aid are confidential. Only the Financial Aid Committee and the head of school have access to the records.

Have other questions?

Please contact Morgan Rakes at mrakes@stab.org or (434) 296-5106 with any additional questions.


Financial Aid

Application Timeline

Application Procedure

Like many independent schools, we use School and Student Services (SSS) to process financial aid applications. To begin your application for the 2018 - 2019 school year, please follow the steps outlined below:

  1. Beginning mid-October go to the SSS website, www.sssbynais.org/parents.
  2. Click on the green "Login to Complete Or Update Your PFS" button. Please note that our school code is 6310.
  3. Please set up a PFS online account using your email address.
  4. Using your latest 1040 Income Tax Return complete the entire application. This includes uploading copies of the 2016 required documents. Applications will not be considered complete until these documents have been uploaded to SSS. Please add comments on the application to explain any unusual or special situations.
  5. Submit and pay for the PFS ($48) by Jan. 1, 2018
  6. Required information: Submit your 2016 1040 Income Tax Return with your application. If you submitted this information last year, you do not need to submit again. Applications will not be considered complete until the 2016 documents have been uploaded to SSS. Please log back into your account and upload your 2017 information as you receive your 2017 W-2s and when your 2017 income tax return is complete. This year, we are requiring you to submit Form 4506-T and form1098-T Tuition Statement, if applicable.

¿Necesita instrucciones en español? Haga clic aquí para obtener más información.

If you have any questions regarding the Financial Aid process, please contact Morgan Rakes at (434) 296 - 5106.

Tax Implications

Per IRS Publication 970 and 515, financial aid or scholarship received for expenses beyond tuition is considered taxable income. All families receiving aid above and beyond tuition will be required to fill out a W-8 or W-9 form and the School will withhold and report on all U.S. source income unless an exception applies.

If students are residents of a country that has a tax treaty with the United States then they may be exempt from the tax or subject to a reduced rate of withholding on aid received for anything beyond tuition. In order to claim this treaty benefit, families must complete Form W-8BEN. Form W-8BEN is a certificate that establishes foreign status and also to claim a treaty benefit.

If you have any questions regarding the Financial Aid process, please contact Morgan Rakes at (434) 296 - 5106.


2018 - 2019 Tuition & Fees

Click here to view a printable PDF version of the 2018 - 2019 Schedule of Tuition & Fees.

PRe-School - Grade 12

Two-Year-Old's Program

 5-Day Option 3-Day Options 2-Day Option  

Tuition

 $9,500 $5,700 $3,825  
         
    Optional    
  Tuition Lunch Bunch 12:00 - 1:30* Extended Day until 3:00* Full Day until 5:30
Pre-School $14,075 $2,820 $5,090 $7,330*
Junior Kindergarten $19,050 n/a n/a $3,570*
      Optional
  Tuition Mandatory Meal Plan After School until 5:30*
Grades K - 4

$22,675

 n/a $2,990
Grades 5 - 8 $24,900 $165

$2,990

 
Grades 9 - 12

$27,400

 $925
Boarding Program
 

Boarding Fee (excluding tuition)

 

Boarding Fee + Tuition

 

 10-Month Medical Insurance+

12-Month Medical Insurance+
5-Day (Returning) $17,600 $45,000 $2,160 $2,375
7-Day $30,600 $58,000 $2,160 $2,375
 
meal plan
  Daily Community Meal Only
Grades K - 4 $840 $165
Grades 5 - 8 $925^ $165 (MANDATORY)
Grades 9 - 12 $925^ (MANDATORY)  

Please note that all selected optional fees will be included in tuition payment plans.

*Please click here to view the full 2018 - 2019 Schedule of Tuition & Fees for daily rates for Lunch Bunch, Extended Day, Full Day, After School, punch cards, and additional details.

^ Includes a mid-morning snack

+ Required for international families only, must select either the 10- or 12-month plan