Financial Assistance

Financial Assistance FAQs

We understand that choosing an independent school education is a major financial commitment and encourage families with financial need to apply for financial assistance. The questions on this page may answer some of your questions —

List of 19 items.

  • What type of financial assistance is available?

    Nashoba Brooks offers need-based assistance to current and incoming families with demonstrated financial need as assessed by the School and Student Services (SSS) For Financial Aid. Awards are grants and do not require repayment. Loans or merit-based scholarships are not available.

    The School budgets approximately 18% of annual tuition revenue for financial assistance. For the 2019-2020 academic year, this amounts to approximately $1.7M.

    Awards range from 10% to 99% of tuition and mandatory fees. Approximately 26% of the student body currently receives financial assistance.
  • Who is eligible to apply for financial assistance?

    All current and prospective families who have applied for admission to Nashoba Brooks are welcome to apply for financial assistance.
  • How do I apply for financial assistance?

    You can apply for financial assistance online on the SSS Website. We strongly recommend that you complete this process online.
  • What is the deadline to apply for financial assistance?

    For the 2020-2021 school year, the deadline for completion of all forms is Monday, January 27, 2020. Applications submitted after that time will be reviewed, contingent on available funds.
  • Does applying for financial assistance influence the admission decision?

    Nashoba Brooks accepts students based upon their academic qualifications and potential to be successful at our school. Application for financial assistance is confidential and separate from the admission process.
  • Do I need to apply for financial assistance before I know if my child has been accepted?

    Yes. Financial assistance requests must be made and all required forms received by the January 27, 2019 deadline in order for an award to be considered for the 2020-2021 school year.
  • How is financial need determined?

    Financial assistance awards are determined based upon a family’s demonstrated need as assessed by the School and Student Services for Financial Aid (SSS). Awards vary depending upon that assessment and the amount of money available in the school’s budget designated for this purpose.
  • How is the family contribution determined?

    Nashoba Brooks subscribes to the School and Student Service for Financial Aid (SSS). Many factors are taken into consideration by SSS when determining the family contribution. These include but are not limited to family income, assets, expenses, qualified debts, family size, age of parent(s) and number of children in tuition-based institutions including colleges and universities. The SSS analysis incorporates these factors in the calculation and determines the discretionary income of each family. A portion of the discretionary income is then suggested as the family contribution for education. It is the expectation of the School that each family will contribute as much as it is able toward the cost of their child’s education.
  • Is financial assistance automatically renewed each year?

    No. Families receiving financial assistance must reapply each year. Changes in income, family status, and the number of children enrolled in tuition — based educational institutions may result in changes in an award. Every application is reviewed annually.
  • What if my financial situation changes during the school year?

    Family financial circumstances can and do change at any time. If a family’s financial circumstances improve during the school year, no reduction will be made in the original award. However, if the financial information previously provided to the School has changed or changes during the course of the academic year, the family must promptly provide notice of such changes to the Business Office. If there are funds remaining in the financial assistance budget, every effort will be made to recalculate the family’s financial assistance for the current year and where possible, the school will adjust the award. Each application and circumstance is evaluated individually.
  • How much does it cost to attend Nashoba Brooks School?

    Tuition for each school year is set by the Board of Trustees at their January meeting. Re-enrollment packets, including a “Statement of Fees and Financial Policies” and payment plan information, are available out in late January to all current families. Tuition is set for one year only and annual increase should be expected. See Tuition & Fees for more information.
  • Does the financial assistance award cover expenses other than tuition?

    The financial assistance award covers tuition and mandatory fees. For students awarded financial assistance, the determined grant percentage for tuition will automatically be applied to the cost of transportation, Extended Day and Supervised Study. All are abated at the same percentage that tuition is abated.

    In addition, the cost of school-recommended tutoring is discounted for families on financial assistance.
  • What tuition payment plans are available?

    The school offers three payment plans.
    • Plan A: tuition and mandatory fees paid in full by June 30.
    • Plan B: 50% tuition by June 30, 25% by October 30 and 25% by January 30.
    • Plan C: a ten-month direct debit plan for tuition less deposit. Monthly payments are debited May 1 through February 1.
  • When will I be notified of the financial assistance award decision?

    If all required forms are completed by the January 27 deadline, a new or returning family will receive the letter indicating their financial assistance award no later than March 10.
  • I never do my taxes until close to the April 15 deadline. How will this affect my financial assistance?

    You will need to complete your taxes early enough to meet the January 27, 2019 deadline in order to receive financial assistance if you qualify. It is important to plan ahead. A draft copy of your Federal Form 1040 is acceptable for the January 27 deadline; however, the final copy must be received no later than Monday, February 24, 2019.
  • My spouse is not employed. How will that affect my financial assistance award?

    Families bear the primary responsibility for financing the education of their children. We understand that family circumstances vary and applications are evaluated individually by SSS.
  • What happens if parents are separated, divorced or remarried?

    In the event that a student’s parents are separated, divorced or remarried, both parents will be required to provide financial information to Nashoba Brooks and to SSS.
  • Is it worth applying if I am not sure our family will receive financial assistance?

    Family circumstances differ greatly and there are factors other than income that affect award decisions. Nashoba Brooks is committed to meeting the need of a broad spectrum of families.

    Percent of Financial Assistance Awards by Family Income  

    $0 – 50,000: 16%
    $50,000 – 100,000: 25%
    $100,000 – 150,000: 26%

    $150,000 – 200,000: 13%

    $200,000 – 250,000: 16%
    Over $250,000: 4%
  • Questions?

    Any additional questions can be emailed to Maggie Barbuto, Director of Financial Assistance. Please be assured that any emailed questions will be held in strict confidence.
Nashoba Brooks School is a coed Lower School from Preschool to Grade 3 and an all-girls Middle School from Grades 4 to 8 located in Concord, Massachussetts.