Expenses to Anticipate Fees, Payment Plans and ...
Expenses to Anticipate
Fees, Payment Plans and Policies
Tuition for the 2014-2015 Academic Year: • Middle School $23,595 • Upper School $24,520 Tuition at Harpeth Hall includes: • Student software and technology fees • Student admission to all on-campus plays, concerts and sporting events • Sports team uniforms and regular season travel • Student publications such as yearbook and newspaper • Day retreats and field trips • Science fee • Art fee (Middle School) • Student Accident Insurance • Testing fees • Parent Association dues
Admission Application Fee: Families will pay an application fee of $50.00 to be turned in with the application. There are partial fee waivers available to those who qualify.
Other expenses will vary student to student but below is a typical representation:
• New Books:* Approximately $250- $750 (depending on the grade level) • Laptop:** All 9th - 12th graders will purchase a laptop for approximately $2000 All 7th - 8th graders will lease a laptop for $250 per year • School Uniform:* A complete new uniform $200 - $250 • P.E. Uniform: $40 • Overnight class trips in Middle School** 5th grade day trips: $140 6th grade trip: $340 7th grade retreat: $345 8th grade trip: $1135
• Optional expenses: Meal Plan: $975/year Aftercare: Free until 5:00 p.m. 5:00 p.m. - 6:00 p.m., $12.50 fee daily** Winterim Travel (Upper School): variable * A used book sale is held yearly in the spring and a uniform consignment sale is held monthly ** Financial Aid available to those who qualify
Financial Aid Application Fee: S chool and Student Services by NAIS charges a processing fee of $41 for their online application. Fee waivers are available for financial aid applicants who meet specific family size and income parameters. Enrollment Deposit: A non-refundable enrollment deposit of $1000 is due with the signed enrollment contract. This deposit is applied to the final tuition payment of the school year. The enrollment contract becomes binding on May 1, 2015. • For returning students, the contract and deposit are due February 9, 2015. • For newly admitted students, the contract and deposit are due by March 10, 2015. F or Harpeth Hall students currently receiving financial aid, the amount of the enrollment deposit will be reduced proportionate to the amount of the aid being received. This reduction will be noted on the enrollment contract. F or newly admitted students who have applied for financial aid, the enrollment deposit will be reduced to $50. If the results of the financial aid review determine that the student does not demonstrate financial need, the balance of the regular $1000 enrollment deposit will be due immediately. Tuition Payment Plans: Harpeth Hall offers three payment plans: one payment, two payments, or monthly payments over ten months. For students receiving financial aid, tuition payments are adjusted accordingly. Payment Policies A ll payments of tuition, fees, or other charges should be paid to the Business Office when due. The following policies direct the actions of The School and those of faculty and staff. • The Financial Aid Committee will not consider an application for financial aid until all accounts are current. • The School may withhold student grade reports, student transcripts, diplomas, or recommendations if tuition and other incurred charges are not paid. • The School reserves the right not to permit a student to register, attend class, and/or take exams if the student account is in arrears. Educational Loan Options: T o help manage costs, we would also direct you to three different organizations that work with private school families to serve as an additional resource for tuition assistance. These
third-party providers have agreed to work with Harpeth Hall families who qualify. In each case, a family may apply directly to the program in order to receive fixed-rate, low interest loans to assist with tuition. For more information on each of the programs, please see below. • Your Tuition Solution, tuitionsolution.com • Sallie Mae, SallieMae.com/K12 • prepGATE Loan Program, 1-866-362-GATE or prepgate.com Tuition Refund Plan A s with any insurance plan, the Tuition Refund Plan is protection against the unexpected. A serious illness or family move out of town may necessitate the student’s withdrawal from school. The signed enrollment contract, however, obligates the parent/guardian to pay tuition and incurred costs for the entire school year. The TRP allows the parent to recoup some of the costs, the amount being determined by the timing and nature of the student’s withdrawal from school. Information about this program is included annually with the enrollment contract.
Financial Aid Information What Is Financial Aid? F inancial aid is need-based tuition assistance. Decisions regarding financial aid are made by the Financial Aid Committee on the basis of demonstrated need and the availability of funds. Such need is defined, most simply, as the difference between the school’s tuition and what the family can reasonably contribute. Although we are strongly committed to a healthy financial aid budget, we are not able to award financial aid to every family who qualifies. In awarding financial aid within the context of limited funds, the Financial Aid Committee must weigh the student’s academic and personal record, her potential contribution to the community, and Harpeth Hall’s commitment to maintaining a diverse community of individuals from all socio-economic, religious, and cultural backgrounds. Harpeth Hall also looks for evidence that a family’s commitment to their daughter’s education is as strong as the School’s. W e awarded $1,593,675 in financial aid to 18% of the student body for the 2014-2015 academic year with an average award of $13,063. The Financial Aid Committee keeps all financial information confidential and grants awards regardless of race, color, religion, national or ethnic origin, or disability. It is also the obligation of the family to keep details of financial aid awards confidential. T uition assistance is granted for one year. Renewal is not automatic or guaranteed as funds vary from year to year and each family’s financial circumstances may change from year to year. Therefore, families are required to submit application forms annually. Families who enter Harpeth Hall without receiving aid should not expect to receive aid in future years unless there is a change in the family’s financial status.
Will I Qualify? Many families want to know whether they should apply for aid. Some families who are in the middle income range may not consider Harpeth Hall because they feel they cannot afford the tuition, and they assume that their income is too high to qualify for assistance. Many factors enter into the determination of financial aid awards, such as household income and expenses, assets and indebtedness, and the number of children attending tuition charging schools and colleges. Because individual family financial circumstances differ, the calculation of need will be unique to each circumstance. Given the many variables that affect an award decision, it is impossible to accurately predict a family’s financial aid award based solely on family income. However, we provide the following table as a guide. It illustrates the financial aid distribution at Harpeth Hall for 2014-2015. Total Income Before Tax
Average Family Size
Number of Awards
Average Award
0-$49,999
4.1
24
$19,596
$50-$74,999
3.7
29
$15,390
$75-$99,999
4.1
28
$12,717
$100-$124,999
4.1
9
$11,056
$125-$149,999
4.9
21
$ 7,238
$150,000+
5.0
11
$ 6,318
How Do I Apply? If you are interested in applying for financial aid, you should call our office to request that information be sent to you. Materials are mailed in December to families who have requested them. Families may also apply online by visiting www.sssbynais.org.
Deadlines for Financial Aid Applicants Th e following must be submitted to SSS no later than February 15, 2015. • Parents’ Financial Statement (PFS). The PFS can be submitted online starting November 1, 2014. •C opy of the current year’s signed tax return (including all related schedules). All families applying for the first time should submit tax returns for the two years prior to the year the student’s aid would begin. • Copies of W-2 and/or 1099s . • Signed copy of IRS Form 4506T. If you are a shareholder in an S Corporation or a partner in a Partnership we will also need copies of your Schedule K-1 by March 15, 2015.
For more information To learn more about Financial Aid Policies and Procedures, as well as frequently asked questions about financial aid, please visit our website at www.harpethhall.org or call our office and ask for Dianne Wild or Maryanna Phipps.
Harpeth Hall Teaching girls in grades five through twelve to think critically, to lead confidently, and to live honorably.
Harpeth Hall uses the School and Student Services (SSS) by NAIS to help determine need. The family completes a Parents’ Financial Statement (PFS) which asks for information on income, expenses, assets and liabilities. SSS then estimates the family contribution. The Financial Aid Committee uses that estimate, in combination with completed tax documentation, to determine need. It is imperative that families, both new and returning, meet financial aid deadlines because every year there is more demand for aid than funds available. The Financial Aid Committee will only make decisions for families whose files are complete, whose accounts are current, and whose student is in good academic and personal standing.
The Harpeth Hall School | 3801 Hobbs Road | Nashville, TN 37215-0207 | 615-297-9543 www.harpethhall.org Harpeth Hall does not discriminate on the basis of race, color, religion, national or ethnic origin, or disability in the admission and educational policies, financial aid programs, employment practices and other school administered programs.
The Harpeth Hall School
2014 - 2015 Going Beyond Tuition:
Expenses, Policies and Financial Aid
Fees, Payment Plans and Policies
Tuition for the 2014-2015 Academic Year: • Middle School $23,595 • Upper School $24,520 Tuition at Harpeth Hall includes: • Student software and technology fees • Student admission to all on-campus plays, concerts and sporting events • Sports team uniforms and regular season travel • Student publications such as yearbook and newspaper • Day retreats and field trips • Science fee • Art fee (Middle School) • Student Accident Insurance • Testing fees • Parent Association dues
Admission Application Fee: Families will pay an application fee of $50.00 to be turned in with the application. There are partial fee waivers available to those who qualify.
Other expenses will vary student to student but below is a typical representation:
• New Books:* Approximately $250- $750 (depending on the grade level) • Laptop:** All 9th - 12th graders will purchase a laptop for approximately $2000 All 7th - 8th graders will lease a laptop for $250 per year • School Uniform:* A complete new uniform $200 - $250 • P.E. Uniform: $40 • Overnight class trips in Middle School** 5th grade day trips: $140 6th grade trip: $340 7th grade retreat: $345 8th grade trip: $1135
• Optional expenses: Meal Plan: $975/year Aftercare: Free until 5:00 p.m. 5:00 p.m. - 6:00 p.m., $12.50 fee daily** Winterim Travel (Upper School): variable * A used book sale is held yearly in the spring and a uniform consignment sale is held monthly ** Financial Aid available to those who qualify
Financial Aid Application Fee: S chool and Student Services by NAIS charges a processing fee of $41 for their online application. Fee waivers are available for financial aid applicants who meet specific family size and income parameters. Enrollment Deposit: A non-refundable enrollment deposit of $1000 is due with the signed enrollment contract. This deposit is applied to the final tuition payment of the school year. The enrollment contract becomes binding on May 1, 2015. • For returning students, the contract and deposit are due February 9, 2015. • For newly admitted students, the contract and deposit are due by March 10, 2015. F or Harpeth Hall students currently receiving financial aid, the amount of the enrollment deposit will be reduced proportionate to the amount of the aid being received. This reduction will be noted on the enrollment contract. F or newly admitted students who have applied for financial aid, the enrollment deposit will be reduced to $50. If the results of the financial aid review determine that the student does not demonstrate financial need, the balance of the regular $1000 enrollment deposit will be due immediately. Tuition Payment Plans: Harpeth Hall offers three payment plans: one payment, two payments, or monthly payments over ten months. For students receiving financial aid, tuition payments are adjusted accordingly. Payment Policies A ll payments of tuition, fees, or other charges should be paid to the Business Office when due. The following policies direct the actions of The School and those of faculty and staff. • The Financial Aid Committee will not consider an application for financial aid until all accounts are current. • The School may withhold student grade reports, student transcripts, diplomas, or recommendations if tuition and other incurred charges are not paid. • The School reserves the right not to permit a student to register, attend class, and/or take exams if the student account is in arrears. Educational Loan Options: T o help manage costs, we would also direct you to three different organizations that work with private school families to serve as an additional resource for tuition assistance. These
third-party providers have agreed to work with Harpeth Hall families who qualify. In each case, a family may apply directly to the program in order to receive fixed-rate, low interest loans to assist with tuition. For more information on each of the programs, please see below. • Your Tuition Solution, tuitionsolution.com • Sallie Mae, SallieMae.com/K12 • prepGATE Loan Program, 1-866-362-GATE or prepgate.com Tuition Refund Plan A s with any insurance plan, the Tuition Refund Plan is protection against the unexpected. A serious illness or family move out of town may necessitate the student’s withdrawal from school. The signed enrollment contract, however, obligates the parent/guardian to pay tuition and incurred costs for the entire school year. The TRP allows the parent to recoup some of the costs, the amount being determined by the timing and nature of the student’s withdrawal from school. Information about this program is included annually with the enrollment contract.
Financial Aid Information What Is Financial Aid? F inancial aid is need-based tuition assistance. Decisions regarding financial aid are made by the Financial Aid Committee on the basis of demonstrated need and the availability of funds. Such need is defined, most simply, as the difference between the school’s tuition and what the family can reasonably contribute. Although we are strongly committed to a healthy financial aid budget, we are not able to award financial aid to every family who qualifies. In awarding financial aid within the context of limited funds, the Financial Aid Committee must weigh the student’s academic and personal record, her potential contribution to the community, and Harpeth Hall’s commitment to maintaining a diverse community of individuals from all socio-economic, religious, and cultural backgrounds. Harpeth Hall also looks for evidence that a family’s commitment to their daughter’s education is as strong as the School’s. W e awarded $1,593,675 in financial aid to 18% of the student body for the 2014-2015 academic year with an average award of $13,063. The Financial Aid Committee keeps all financial information confidential and grants awards regardless of race, color, religion, national or ethnic origin, or disability. It is also the obligation of the family to keep details of financial aid awards confidential. T uition assistance is granted for one year. Renewal is not automatic or guaranteed as funds vary from year to year and each family’s financial circumstances may change from year to year. Therefore, families are required to submit application forms annually. Families who enter Harpeth Hall without receiving aid should not expect to receive aid in future years unless there is a change in the family’s financial status.
Will I Qualify? Many families want to know whether they should apply for aid. Some families who are in the middle income range may not consider Harpeth Hall because they feel they cannot afford the tuition, and they assume that their income is too high to qualify for assistance. Many factors enter into the determination of financial aid awards, such as household income and expenses, assets and indebtedness, and the number of children attending tuition charging schools and colleges. Because individual family financial circumstances differ, the calculation of need will be unique to each circumstance. Given the many variables that affect an award decision, it is impossible to accurately predict a family’s financial aid award based solely on family income. However, we provide the following table as a guide. It illustrates the financial aid distribution at Harpeth Hall for 2014-2015. Total Income Before Tax
Average Family Size
Number of Awards
Average Award
0-$49,999
4.1
24
$19,596
$50-$74,999
3.7
29
$15,390
$75-$99,999
4.1
28
$12,717
$100-$124,999
4.1
9
$11,056
$125-$149,999
4.9
21
$ 7,238
$150,000+
5.0
11
$ 6,318
How Do I Apply? If you are interested in applying for financial aid, you should call our office to request that information be sent to you. Materials are mailed in December to families who have requested them. Families may also apply online by visiting www.sssbynais.org.
Deadlines for Financial Aid Applicants Th e following must be submitted to SSS no later than February 15, 2015. • Parents’ Financial Statement (PFS). The PFS can be submitted online starting November 1, 2014. •C opy of the current year’s signed tax return (including all related schedules). All families applying for the first time should submit tax returns for the two years prior to the year the student’s aid would begin. • Copies of W-2 and/or 1099s . • Signed copy of IRS Form 4506T. If you are a shareholder in an S Corporation or a partner in a Partnership we will also need copies of your Schedule K-1 by March 15, 2015.
For more information To learn more about Financial Aid Policies and Procedures, as well as frequently asked questions about financial aid, please visit our website at www.harpethhall.org or call our office and ask for Dianne Wild or Maryanna Phipps.
Harpeth Hall Teaching girls in grades five through twelve to think critically, to lead confidently, and to live honorably.
Harpeth Hall uses the School and Student Services (SSS) by NAIS to help determine need. The family completes a Parents’ Financial Statement (PFS) which asks for information on income, expenses, assets and liabilities. SSS then estimates the family contribution. The Financial Aid Committee uses that estimate, in combination with completed tax documentation, to determine need. It is imperative that families, both new and returning, meet financial aid deadlines because every year there is more demand for aid than funds available. The Financial Aid Committee will only make decisions for families whose files are complete, whose accounts are current, and whose student is in good academic and personal standing.
The Harpeth Hall School | 3801 Hobbs Road | Nashville, TN 37215-0207 | 615-297-9543 www.harpethhall.org Harpeth Hall does not discriminate on the basis of race, color, religion, national or ethnic origin, or disability in the admission and educational policies, financial aid programs, employment practices and other school administered programs.
The Harpeth Hall School
2014 - 2015 Going Beyond Tuition:
Expenses, Policies and Financial Aid
