Tuition Assistance Procedures
Far Brook uses TADS to analyze a family’s financial information and evaluate each family’s specific need. TADS is widely used by independent schools to provide an objective assessment of a family’s ability to pay tuition.
A number of factors contribute to a family’s ability to pay tuition including: income, assets, general living and medical expenses, number of dependents, number of children in tuition charging schools, and age of parents. Each case is evaluated individually and families in the same income range may have different overall financial circumstances and therefore receive different tuition assistance awards.
1. Gather Documents
Use the TADS Financial Aid Worksheet to help you gather the supporting documents you will need to complete the form. These documents include, but are not limited to:
- Most recent W-2 statements
- Most recent pay stub(s)
- Most recent Federal tax forms
- Most recent corporate tax return, if applicable
- Documentation for all other sources of income
- Any 1099s.
2. Complete Application - by January 25
Deadline to complete the TADS application for tuition assistance is January 25.
Apply online or request a paper application by contacting TADS at 1-800-884-8237.
3. Submit W-2 - by February 15
4. Notification of Award - Early March
In early March, families are notified of admissions decisions. Far Brook e-mails enrollment contracts and notification of the amount of aid awarded, if any, to applicants who have been admitted.
5. Send most recent tax forms to Far Brook - by April 17
April 17 is the deadline for families to send a copy of their most recent completed, signed tax forms, including schedules, directly to Far Brook. Failure to do so will result in the loss of your tuition assistance award.
6. Spring - Summer
If additional aid becomes available, eligible families on the Tuition Assistance Waitlist will be notified.