TUITION,
FEES AND FINANCIAL AID SCHOLARSHIPS
Tuition
2008-2009
Middle
and Upper Schools, Grades 5-12: $23,500
Fees
2008-2009
Middle
School
| Books
and Materials |
$120-$210
|
| Laptop
(required in grades 7 & 8)
Includes computer, software, case,
warranty, and tech support |
approx.
$2,000 |
| Grade-level
Activities
|
$95-$250 |
| Yearbook |
$25 |
| Bus
Pass (billed over a 10-month period) |
$1,080-$1,400 |
| Lunch
(drink, entree and dessert) |
$5.35
per day |
Upper
School
| Books
and Materials |
$350-$650
|
| Laptop
(required in grades 9 & 10) Includes computer, software, case,
warranty, and tech support
|
approx.
$2,000 |
| Course
Fees
|
$0-$175 |
| Sports
Fees
|
$0-$300 |
| Yearbook |
$35 |
| Class
Activities |
$0-$175 |
| Outdoor
Program |
$90-$775 |
Senior
Fees and Activities
|
approx.
$200
(AP Exam $84 per exam) |
| Bus
Pass (billed over a 10-month period) |
$1,080-$1,400 |
| Lunch
(drink, entree and dessert) |
$5.35
per day |
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Financial
Aid Scholarship Information
Lakeside
School is committed to enrolling students from diverse economic and social
backgrounds. As part of that commitment, the school has established a
program of financial aid for families who would otherwise be unable to
consider Lakeside as an option for their children. In fact, one in every
four students currently attending Lakeside School is receiving financial
aid.
Our
financial aid program helps not only with the cost of tuition but also
with the entire range of additional fees and activities that are part
of a Lakeside experience. Tuition awards for the 2008-2009 school year
range from $1,500 to $23,400, and the average tuition award for the coming
year is approximately $16,887. Altogether, over $3,124,000 in tution grants
that do not have to be repaid, faculty and staff discounts, and loans
has been allocated to 25.2 percent of the student body.
This total also includes assistance given with fees, books, laptop costs,
and activities. In some cases, meals and transportation are offered.
We try to make the financial aid
program as seamless as possible. Information about students on aid is
kept confidential, and the financial assistance is automatically credited
to a student's bill; only occasionally will a student need to bring cash
or a check to school.
Does
Lakeside offer other types of aid?
All scholarships at Lakeside are awarded based on family need. We do not
offer merit scholarships. However, some need-based scholarships are named
by donors who have contributed substantially to the financial aid endowment
and each year a few of these become available for students applying to
the school. It is an honor to be associated with one of these named scholarships
as our donors take great pride in both Lakeside and in the students linked
to these scholarships. For more information, click on "Endowed
Financial Aid Scholarships."
What about expenses beyond tuition?
Each family receiving a scholarship for tuition also receives a separate
stipend to help with non-tuition expenses such as books, supplies, class
fees, and activities. Stipends range from $220 to $1,050 according to
grade level, and are based on the actual expenditures families may expect
to encounter. Families receiving the largest tuition grants may qualify
for financial help with meal costs and bus passes, as well. In addition,
assistance with the cost of a laptop computer - required for students
entering grades 7-12 - is provided on a sliding scale consistent with
each family’s scholarship award.
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Should
I apply for aid?
Few
families find it “easy” to pay private school tuition. Most adjust their
spending priorities, maximize both parents’ earnings, and carefully manage
assets to do so. Some will need financial assistance no matter how carefully
they fine-tune family finances. We would like to provide guidelines to
help you decide whether to apply for aid, but we have found that each
family’s combination of circumstances is unique. The most helpful guideline
comes from personal knowledge of your family’s finances. Can you find
a way to pay roughly $2,300 each month for 10 months for your student’s
education? If not, you may be a candidate for financial aid.
A wide variety of specific family circumstances is addressed in the section
Frequently Asked Questions.
The
chart below is intended to provide guidance as you consider the possibility
of adding Lakeside's tuition to your household expenses. If,
after reviewing your situation and the information below, you feel you
will need assistance but are uncertain whether you will qualify, it is
generally best to apply.
Financial
Aid Awards for 2008-2009
|
Total
Family Income* |
%
of FA Recipients |
Range
of Tuition Aid |
Range
of Non-Tuition Aid |
Range
of Family Contribution** |
|
$0-$50,000
|
21%
|
$16,300-$23,400 |
$245-$1,050
|
$100-$7,200 |
|
$50,001-$100,000
|
37%
|
$5,700-$23,300 |
$245-$1,050 |
$200-$17,800 |
|
$100,000+
|
42%
|
$1,500-$22,300 |
$245-$1,050 |
$1,200-$22,000 |
*These groups include families paying two or more tuitions to private
schools, as well as families paying at least one college tuition. Incomes
reported in this group include those derived from combining incomes of
divorced parents and their new partners, if any, now living in separate
households.
**The
broad range of family contributions at a given income level is determined
by factors beyond income--most often family or student assets. The number
of children in the family, number and size of tuitions to be paid, childcare
costs, and a variety of other factors will also affect the family contribution.
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How
do I begin the process?
Simply
check “Yes” beside “Financial Aid Candidate” on the front page of the
admissions application. This will alert us to send you the financial aid
application materials in January. If you subsequently decide NOT to apply
for aid, please notify the Associate Director of Financial Aid.
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How
can I get information and advice if I need it?
If
you need help assessing your circumstances as you decide whether to apply
for aid, or with any part of the financial aid process, please call the
Associate Director of Financial Aid at 206-440-2773.
You may also find it helpful to attend our Financial
Aid Information Evenings scheduled for Tuesday, January 13,
2009 or Tuesday, January 27, 2009 at 7:00 p.m. (locations listed
on "Important Dates" page). Content is the same at both
workshops--you need only attend one.
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Financial Aid Deadlines for New Families
February 5, 2009
Parents' Financial Statement (PFS) and Form 4506 "Request for Copy of Tax Return"
February 19, 2009
2008 Tax information due (i.e., W-2's, 1099's, signed copy of individual income tax return, Business/Farm Statement and signed copy of business return and schedules, if self-employed or a business owner).
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