Tuition Assistance

Financial Assistance Information

The Financial Aid Program at Lakehill Preparatory School is designed to assist families who otherwise would not be able to afford a Lakehill education.  It furthers the mission of the school to provide a college preparatory education to young people with a variety of backgrounds, academic, artistic, and athletic skills, and socio-economic status.

Lakehill Preparatory School does not discriminate on the basis of race, color, or national or ethnic origin in the administration of its educational practices, admissions, scholarship and loan programs, or athletic and other school-administered programs.

Lakehill offers a limited amount of financial assistance to prospective students in the form of a reduction in the amount of tuition charged.  Certain discounts may also be offered to families with more than one student enrolled at Lakehill, as well as to the immediate family of Lakehill faculty and staff. 

Decisions as to the total amount of financial assistance provided, the assessment of the needs of prospective students, priorities with respect to the achievement of class sizes, and racial and cultural diversity are all entirely within the sole discretion of the Board of Directors of Lakehill, acting through its Financial Aid Committee.  Deliberations of this Committee are confidential, and all decisions by this Committee are final and binding.  The Committee reserves the right to reject applications that are not submitted in a timely fashion or that are not complete when submitted.

Although the Committee utilizes the services of The School and Student Service for Financial Aid as an objective measure of financial need, decisions as to the amount of financial assistance offered necessarily depend upon a number of other considerations.  Regrettably, Lakehill is not able to meet the financial aid needs of all students who apply.  All decisions are made on a year-by-year basis, and there can be no assurance that a student receiving financial assistance in one year will be offered financial assistance, or assistance at a comparable level, in any subsequent year.

How to Apply for Financial Assistance

Step One: On your Application for Admission, check "yes" if you plan to apply for financial aid. Information will be mailed to you.  At this point you become responsible for completing the following steps in a timely manner.  Deadlines will be sent with the application for aid.

Step Two: Submit a letter to the Headmaster indicating your intent to apply for financial aid.

Step Three: The Parents’ Financial Statement must be completed online by going to www.nais.org/financialaid/sss.  Information for the Parents’ Financial Statement may be obtained from your most recent federal tax return.  Early completion of your taxes will be beneficial when applying for financial aid.

Step Four: Send a copy of the completed Financial Aid Form (FAF) to The School and Student Service for Financial Aid along with a complete copy of your latest income tax return.

Your application for financial assistance is not complete unless you have followed each step carefully and kept the school informed of your progress.   Adhering to all deadlines will permit you full access to the financial aid process.  Missing deadlines may mean that all funds have been allocated and disbursed when your application is received. 

It will take about six weeks for The School and Student Service for Financial Aid to process your FAF and a copy of their analysis will be mailed to Lakehill.  This company only evaluates your ability to pay tuition.

Decisions regarding financial aid are made at the sole discretion of the Board of Directors of Lakehill, acting through its Financial Aid Committee, and their decision is final and binding.  Financial aid grants come directly from Lakehill’s Financial Assistance and Scholarship Fund.  No aid will be considered without the completion of the above listed items.

Students receiving financial assistance are expected to maintain a “B” average and participate in the life of the school through activities, athletics, and/or organizations that match the student’s interests.

The Office of Admission is available to answer any questions you may have and to help you complete the FAF if needed.  The information you provide remains confidential. 

Financial Aid Deadlines

When applying for aid, it is imperative that you complete each of the following steps and adhere to all deadlines:

January 21, 2011

Submit a letter to the Headmaster indicating your intent to apply for financial aid.
(Returning students)

January 28, 2011

Submit a letter to the Headmaster indicating your intent to apply for financial aid.
(New students)

March 11, 2011

Send a copy of your 2010 income tax return to the Headmaster’s office.  Mail the completed Financial Aid Form to The School and Student Service for Financial Aid or complete the form online.

May 6, 2011

The school will inform you of the financial aid offer.

May 13, 2011

This is the last date to return the contract and confirm acceptance of the financial aid offer.