Tuition & Financial Aid

First time financial aid applicants can begin applying for aid as early as November 1.

1. Submit an online Parent Financial Statement (PFS) (school code 6514)
2. Pay processing fee $55
3. Upload 2019 1040 (including all associated schedules) and both parent W2s to SSS
4. Upload 2020 1040 (including all associated schedules) and both parent W2s to SSS

Financial Aid Deadline: January 31

Please be sure to upload each supporting tax document into SSS as a separate PDF. There should be 6 total, if both parents are working. Financial aid cannot be awarded until ALL documents are received.

Example:

1. 2019 Household 1040
2. 2019 Parent A- W2
3. 2019 Parent B- W2
4. 2020 Household 1040
5. 2020Parent A- W2
6. 2020 Parent B- W2

Saint James School’s policy in determining financial need is derived from the underlying principle that parents have an obligation to pay the educational expenses of their children to the extent that they are able. Although separation and remarriage of parents may create new relationships and perhaps generate legal or personal agreements regarding financial support, we believe that the responsibility of both natural parents for their children’s school costs is more fundamental than any obligation a school may have to provide these expenses. Saint James is not bound by the terms of prenuptial agreements or a divorce decree.

In accordance with this policy, the custodial parents and non-custodial parent should file the “Parents’ Financial Statement” (PFS), with the School and Student Service for Financial Aid (SSS). All parents requesting aid (both custodial and non-custodial) are required to submit a signed copy of their U. S. Federal Income Tax Return Form 1040, 1040A or 1040EZ (including all forms and schedules) for each parent for both the previous year and the current year.

Parents who feel that unusual extenuating circumstances may warrant our reconsideration of the requirement of information from the non-custodial parent may send written inquiries to the attention of the Director of Admission and Financial Aid at Saint James School. Waiver of this requirement is considered only in exceptional cases.

Parents are assured that all information that is submitted will be kept in the strictest confidence. We will not act on a financial aid application until all the required information is received. Every attempt should be made to meet the deadlines specified in the financial aid program brochure.

Returning financial aid applicants can begin applying for aid as early as October 1.

1. Submit an online Parent Financial Statement (PFS) (school code 6514)
2. Pay processing fee $55
3. Upload 2020 1040 (including all associated schedules) and both parent W2s to SSS

International financial aid applicants (those that do not file US tax returns) should complete the International Financial Aid Form and return it along with the required verification of income to the Admission Office by email: admissions@stjames.edu.

Financial Aid Deadline: December 1

Please be sure to upload each supporting tax document into SSS as a separate PDF. There should be 3 total, if both parents are working. Financial aid cannot be awarded until ALL documents are received.

Example:

1. 2020 Household 1040
2. 2020 Parent A- W2
3. 2020 Parent B- W2

 

Saint James School’s policy in determining financial need is derived from the underlying principle that parents have an obligation to pay the educational expenses of their children to the extent that they are able. Although separation and remarriage of parents may create new relationships and perhaps generate legal or personal agreements regarding financial support, we believe that the responsibility of both natural parents for their children’s school costs is more fundamental than any obligation a school may have to provide these expenses. Saint James is not bound by the terms of prenuptial agreements or a divorce decree.

In accordance with this policy, the custodial parents and non-custodial parent should file the “Parents’ Financial Statement” (PFS), with the School and Student Service for Financial Aid (SSS). All parents requesting aid (both custodial and non-custodial) are required to submit a signed copy of their U. S. Federal Income Tax Return Form 1040, 1040A or 1040EZ (including all forms and schedules) for each parent for both the previous year and the current year.

Parents who feel that unusual extenuating circumstances may warrant our reconsideration of the requirement of information from the non-custodial parent may send written inquiries to the attention of the Director of Admission and Financial Aid at Saint James School. Waiver of this requirement is considered only in exceptional cases.

Parents are assured that all information that is submitted will be kept in the strictest confidence. We will not act on a financial aid application until all the required information is received. Every attempt should be made to meet the deadlines specified in the financial aid program brochure.

Must be pre-approved by Director of Financial Aid. All amounts to be entered in USD.

Submit the International Financial Aid Form and required verification of income documents to the admission office via email at admissions@stjames.edu.

Financial Aid Deadlines:

Early Decision: December 10th

Standard Decision: January 31st

 

A: Approximately two hours. The information provided must be complete and accurate. Referencing the Federal 1040 tax return of the previous year can be very helpful in completing the PFS. Because timeliness in the application process is important, estimated numbers may be used with the Federal 1040 for validation at a later date.

A: Yes. The non-custodial parent is required to complete the PFS and return it, along with a photocopy of the signed Federal 1040 form and supporting schedules and wage and tax statement(s), to the Financial Aid Director.

A: Yes. This is especially possible if the family is also paying tuition for other children attending educational institutions.

A: No. Saint James only awards financial aid to those families that have a demonstrated need. Because the need of students deemed admissible is greater than the available financial aid resources, the student quality and merit does play a factor in who receives an award.

A: In special situations, it is possible for international students to receive financial assistance. However, priority in the funding process is given to United States citizens.

A: In most years, the collective need of those students applying for financial aid deemed admissible by the Admission Committee does exceed the financial resources available to new students. Those students will be placed on the financial aid wait list and will be notified if unused financial aid awards become available to them.