An independent school education is a considerable investment for many families. With over $3 million available for need-based grants, about 20% of Priory families receive financial assistance. Many financial aid awards cover most tuition and fees. Financial aid at the Priory is need-based; the Priory does not provide merit-based scholarships. Priory’s financial aid awards are grants, not loans, meaning they do not need to be repaid. For families receiving significant financial aid, we also provide additional assistance to pay for other required fees (i.e., books).
The size of each family’s financial aid award is based on the determined need and funds available in the school's financial aid budget. Priory partners with School and Student Services (SSS), a non-profit organization that provides an independent assessment of each financial aid application. Families receive notice of financial aid awards with their acceptance letters in March. Priory families receiving financial aid are required to reapply for financial aid each year, and awards may be adjusted as family circumstances change.
There are many false assumptions about financial aid. In order to clarify some of these assumptions and myths, we provide a small snapshot of four hypothetical financial situations. Please remember that these figures are estimates. Since every family has different circumstances governing their financial ability to contribute towards an independent school education, financial aid grants will vary depending on the information and circumstances provided in the financial aid application. Families who believe affording tuition and fees at the Priory would cause significant financial hardship are encouraged to apply for financial aid.
Begin the financial aid application process* by clicking on the blue "Apply for Financial Aid" button at the top right or go directly to the SSS homepage to create your SSS account.
*Please note that the financial aid application process opens in October for the next school year (e.g., for the 2020-21 school year the financial aid application is available beginning October 2, 2019).
January 9, 2020 - Parent Financial Statement (PFS) and 2018 Federal Tax Returns - including 1040, W-2's, and all schedules - submitted to SSS
February 14, 2020 - 2019 Federal Tax Returns - including 1040, W-2's, and all schedules - uploaded to SSS
Financial Aid Information Evening
We offer a financial aid information evening in November where we discuss our financial aid program and about affording an independent school education. We will also provide an introduction into the SSS financial aid application system. Reserve a seat for this event through Ravenna or email email@example.com.