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St. Richard's School believes that the family has primary responsibility for financing a child's education; however, we do offer financial aid based upon financial need as we seek to enroll students reflective of the School's Mission to promote and achieve racial, ethnic, and socioeconomic diversity within the St. Richard's student body. All financial aid is primarily based on demonstrated need. We believe all students admitted to St. Richard's School have sufficient merit and that our funds are best awarded to those who truly need them.
St. Richard's School uses the School and Student Service for Financial Aid (SSS) to collect basic financial information on income, assets, family size, and the number of siblings in tuition-charging schools. A need analysis report is prepared by SSS that suggests the amount a family can contribute for educational costs. Since not all families' financial circumstances are equal, the St. Richard's School Financial Aid Committee uses the SSS evaluation as a starting point for reviewing each financial aid request.
St. Richard's School does not have the resources to fully fund any student's tuition. Therefore, a family must show sufficient income to meet the family's living expenses and still pay a portion of tuition.
Applying for Financial Aid
Parents' Financial Statement (PFS) applications for financial aid are distributed by the Business Office to any new family requesting aid in writing, and to St. Richard's families currently receiving aid. Current St. Richard's families seeking financial aid for the first time should contact the Business Office in writing. Families also can submit the PFS online.
Step 1: Complete the Parents' Financial Statement (PFS) and mail it to School and Student Service for Financial Aid (SSS) NO LATER THAN FEBRUARY 8, 2010, and give a copy of the SSS form to the Business Office at St. Richard's School, in an envelope marked confidential, NO LATER THAN FEBRUARY 8, 2010. This form must be filled out in its entirety (even if (0) is the appropriate figure), and all circled items need to be explained. If you elect to submit your PFS online, we ask that you complete the paper version and submit that copy to the Business Office at St. Richard's School NO LATER THAN FEBRUARY 8, 2010. When mailing your PFS to SSS, make sure you include your check as indicated on the application form. If your check is not included in your mailing and your PFS form is not fully completed, this will likely result in a delay of award, or may cause you not to receive aid. The financial aid forms will fully explain this process.
Step 2: Along with a copy of your SSS form, submit copies of the following items to the Business Office at St. Richard's School, in an envelope marked confidential, NO LATER THAN FEBRUARY 8, 2010.
2009 federal tax forms, including W-2's, 1099's, and all schedules, for each person listed on the SSS form
Signed copy of Tax Form 4506-T (do not date this tax form)
School and Student Service Business/Farm Statement (if applicable)
DO NOT SEND THESE COPIES TO SSS. St. Richard's reserves the right to request supporting documentation, if needed, when evaluating financial aid applications.
Click here for a downloadable brochure that has the complete financial aid application process and answers many questions you might have about financial aid at St. Richard's School! |
