What criteria does High Meadow School (HMS) use to allocate financial aid grants?

The financial aid committee includes the Head of School, the Director of Admissions, Retention, and Outreach, and the Director of Finance. The team uses the FACTS Tuition Management System software to analyze and create a recommended aid package based on the family’s income, asset holdings, additional resources, and additional circumstances that could weigh a family’s monthly expenses against the school’s needs classification tiers. The committee then looks at the recommendation and sometimes makes adjustments based on what the family reports they can reasonably pay and their reported additional factors, such as hardship areas, increasing access to marginalized populations, or meeting enrollment targets for critical areas of need to ensure that the school gives the best package offer possible to each student.