CHAPIN SCHOOL FINANCIAL AID APPEAL PROCESS
CHAPIN SCHOOL FINANCIAL AID APPEAL PROCESS Investing in an independent school education is an important commitment that takes thought and consideration. To help us make informed decisions, Chapin uses a financial aid appeal process. We hope this provides your family a chance to share information that may not have been captured in the TADS application and help us to better understand your financial situation. The Financial Aid Committee expects families to have a copy of the TADS Confidential Report in their possession prior to an appeal. Make sure that the data you entered is accurate - dollar amounts and all income (child support/ alimony, non-taxable income such as cafeteria, retirement, HSA, etc.). If your stated living expenses exceed your reported income, please explain how you make ends meet. All appeals must be made in writing with a detailed appeal letter explaining any mitigating circumstances and information not addressed during the initial process. Your appeal letter and completed Expenses Worksheet (which you can add to as necessary) should be sent within 10 days of receipt of your aid award letter. The Expense Worksheet asks for additional information to the TADS application or clarification of those items. Appeal information can be sent to Patty Holmes, Assistant Director of Finance via email, [email protected], via fax 609-924-6670 or via regular mail to Chapin School 4101 Princeton Pike, Princeton NJ 08540.
Each family/parent/household must submit to TADS, in a timely manner, all required financial aid documents as listed on the Financial Aid page of the Chapin website. All required documentation must be available before any appeal consideration will be given.
If you are new to Chapin, and received financial aid offers from other schools, send copies of those offers with your appeal request.
For families with children in college, send copies of the college tuition costs (website print out or tuition invoice) and financial aid determination (for the 2015-2016 school year if you have not received an award yet for 2016-2017) or copies of your FAFSA/CSS reports. For families with children in tuition charging Pre-K - 12 schools, send us copies of the 2015-2016 and 2016-2017 tuition and other costs, plus financial aid determinations.
For those who filled out "Assets and Expenses - Other Real Estate", provide additional information including year purchased and breakdown of expenses. If property is a vacation home, indicate year purchased, breakdown of any expenses, approximate amount of time home is used by family, and if rental income is obtained during the year.
If only one parent is gainfully employed, explain circumstance of unemployed parent. We typically impute a salary of $20,000 for the non-gainfully employed parent, unless that parent is home with children under the age of 5. If the unemployment is the result of job loss, update us with specifics on unemployment compensation (severance, disability, insurance, social security, etc.) and/or job prospects.
For self-employed parents, please indicate amount of annual salary received last year.
If you entered information in "Debt - Miscellaneous", explain expenses charge under "Credit Card Debt", "Loans" and/or "Other Debt". If you listed any "Education Debt", list person for whom the debt was incurred, year debt began, and monthly amount being paid along with an invoice showing balance due.
Families in the financial aid appeal process may be granted an extension of time in which to return the award letter. The Committee will review the appeal and notify the family of its decision. Our financial aid decisions are based on the TADS report, supplementary information you provide, and the Committee's evaluation. In making decisions, we look at parental employment, income (including untaxed), assets, living expenses/lifestyle choices, and education costs. We strive for fairness and equity as we distribute limited resources among many deserving candidates.
Once the appeal process is complete, if you feel you are not able to send your child to Chapin and already completed the enrollment contract, notify us in writing within 10 days of receipt of the appeal decision. If we receive your notice in time, the deposit will be refunded to you. We sincerely hope that your child will be walking through the red doors in September. Thank you for working with us in helping to make this happen.
CHAPIN SCHOOL Financial Aid * Expenses Worksheet
Family Name: _________________________________________________________________________________________ Please list monthly amounts/payments for items listed Expenses Mortgage (P&I only)/Rent Property Taxes Homeowner's Insurance Phone Cable Automotive Vehicle(s) Year, Make, Model
Monthly payment or indicate if paid in full Auto Insurance Gas & Maintenance Household Life Insurance Food Clothing Credit Card payment Education Debt payment Other Loans payment Other Debt How much additional financial aid are you seeking through this appeal?
$__________________________________
_______________________________________________ Signed _______________________________________________ Print Name
___________________________________ Date
Each family/parent/household must submit to TADS, in a timely manner, all required financial aid documents as listed on the Financial Aid page of the Chapin website. All required documentation must be available before any appeal consideration will be given.
If you are new to Chapin, and received financial aid offers from other schools, send copies of those offers with your appeal request.
For families with children in college, send copies of the college tuition costs (website print out or tuition invoice) and financial aid determination (for the 2015-2016 school year if you have not received an award yet for 2016-2017) or copies of your FAFSA/CSS reports. For families with children in tuition charging Pre-K - 12 schools, send us copies of the 2015-2016 and 2016-2017 tuition and other costs, plus financial aid determinations.
For those who filled out "Assets and Expenses - Other Real Estate", provide additional information including year purchased and breakdown of expenses. If property is a vacation home, indicate year purchased, breakdown of any expenses, approximate amount of time home is used by family, and if rental income is obtained during the year.
If only one parent is gainfully employed, explain circumstance of unemployed parent. We typically impute a salary of $20,000 for the non-gainfully employed parent, unless that parent is home with children under the age of 5. If the unemployment is the result of job loss, update us with specifics on unemployment compensation (severance, disability, insurance, social security, etc.) and/or job prospects.
For self-employed parents, please indicate amount of annual salary received last year.
If you entered information in "Debt - Miscellaneous", explain expenses charge under "Credit Card Debt", "Loans" and/or "Other Debt". If you listed any "Education Debt", list person for whom the debt was incurred, year debt began, and monthly amount being paid along with an invoice showing balance due.
Families in the financial aid appeal process may be granted an extension of time in which to return the award letter. The Committee will review the appeal and notify the family of its decision. Our financial aid decisions are based on the TADS report, supplementary information you provide, and the Committee's evaluation. In making decisions, we look at parental employment, income (including untaxed), assets, living expenses/lifestyle choices, and education costs. We strive for fairness and equity as we distribute limited resources among many deserving candidates.
Once the appeal process is complete, if you feel you are not able to send your child to Chapin and already completed the enrollment contract, notify us in writing within 10 days of receipt of the appeal decision. If we receive your notice in time, the deposit will be refunded to you. We sincerely hope that your child will be walking through the red doors in September. Thank you for working with us in helping to make this happen.
CHAPIN SCHOOL Financial Aid * Expenses Worksheet
Family Name: _________________________________________________________________________________________ Please list monthly amounts/payments for items listed Expenses Mortgage (P&I only)/Rent Property Taxes Homeowner's Insurance Phone Cable Automotive Vehicle(s) Year, Make, Model
Monthly payment or indicate if paid in full Auto Insurance Gas & Maintenance Household Life Insurance Food Clothing Credit Card payment Education Debt payment Other Loans payment Other Debt How much additional financial aid are you seeking through this appeal?
$__________________________________
_______________________________________________ Signed _______________________________________________ Print Name
___________________________________ Date
