GMA would like to ensure that any family desiring this quality educational program, regardless of their financial circumstances, can be offered admission. While we believe that a student’s family has the primary responsibility for financing education, families who demonstrate that their financial resources are insufficient to pay the full cost of tuition are eligible to apply for financial assistance. However, due to limited resources, not all financial assistance requests can always be funded. Scholarships are available based upon financial need for kindergarten through 8th grade.
Tuition assistance is granted based on applicants’ need, total available funds, and the number of applicants. Both new and returning families must apply for any given year; all applications are processed through FACTS Grant and Aid.
Priority is given to existing families already receiving need-based financial assistance, and to returning families newly applying for assistance. Financial aid funds are limited. Applicants whose needs cannot be met will be placed in a wait pool. If funds become available at a later time (as funds are released from families on financial aid who leave the School or who do not qualify for continued assistance), they will be granted to applicants who qualify. The Financial Aid Committee will decide on grants as funds become available.
For the school year, families who enroll may submit a Grant and Aid application and supporting documents. The deadline to complete the application is April 15th. If new families enroll after this deadline, they will have one week to complete this process.
To ensure objectivity, Grace Montessori Academy uses FACTS Grant and Aid to evaluate applications. Using their assessment and the other materials submitted, the Finance Committee determines how much assistance can be offered to a family based on the School’s overall budget. Awards are made to students in good standing based upon the family’s financial need.
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