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FINANCIAL AID

The Board of Trustees has generously pledged up to 10% of gross tuition revenue be awarded to families requesting aid each year. To assist as many families as possible, no more than 50% of tuition is granted in cash assistance.


In order to adapt to our changing demographics and meet our mission to foster a diverse student population (economic, racial/ethnic and gender), the Board had adopted a point system matrix to evaluate requests rather than basing financial assistance on financial need alone. The Financial Assistance Matrix is a mix of an objective evaluation based on self-reported income (verified by FACTS) and a subjective evaluation based on the needs of the school. By instituting this point system, each variable is weighted based on the relative importance to our learning community. The criteria of financial need, diversity, and the learning environment are evaluated by a committee of the administration and awards are based on the points allotted.

 

Current families wishing to apply for financial assistance, completed applications must be submitted to the Finance Office prior to February 1st of the current year.   For new families joining the community after the traditional February 1st deadline, awards may be granted throughout the year depending on availability of funds.  Eligibility is determined by submitting an online application via FACTS Grant and Aid Assessment and relevant tax information to the Finance Office.  Financial Aid applications will only be considered complete, when the following are provided:

 

  1. Online Application for Financial Aid via FACTS

  2. Copy of most recent IRS Tax Filing (i.e. 1040)

  3. Cover Letter and/or a statement of need should be addressed to our CFO/Finance Director, Bonita Chase.  

 

The family must be in good financial standing with the school.  Past due balances on either incidental or tuition accounts will void any application.  

 

We honor the confidentiality of every family in this process.  High Meadow is a registered 501(c)(3) educational organization.

HOPE FOR THE FUTURE SCHOLARSHIP

High Meadow School is honored to announce its partnership with the Helen’s Hope Foundation. We are deeply grateful to the foundation for their generous grant, allowing us to fund school wide initiatives related to diversity, equity, inclusion, and justice, as well as The Hope for the Future Scholarship fund, which will provide scholarships for High Meadow Students who identify as members of the BIPOC community and whose families are in need of financial support for them to attend a tuition-based school.


We would like to first engage our High Meadow Community for nominations. If you would like to nominate yourself, a family member or friend for this scholarship, please reach out to Admissions.

 

Scholarship eligibility requirements:

  • Students must be entering 4th-6th grade for the 2023/2024 school year.

  • The applying family must have a student who identifies within the BIPOC community; The grant was awarded specifically to HMS so that we can continue on our mission to increase racial and socioeconomic diversity in our growing community.

  • Families must be eligible for the maximum financial aid of 50% of tuition. They must re-apply for the financial aid award each year. HMS would use the Helen’s Hope grant to cover 5k of tuition after financial aid until graduation.

  • Eligible students will be required to go through the regular admissions process.

WORK EXCHANGE

Work-Exchange is an important way that High Meadow School maintains socio-economic diversity as well as enriching our programming and beautifying our facilities. By employing barter, High Meadow has been able to benefit from the hard work and wide range of talents and expertise held by HMS parents and community members. 

Work-exchange is defined as a parent providing skilled services to High Meadow and remuneration is received in the form of a credit toward tuition. This remuneration is documented at the end of the year as non-employee compensation Form 1099 and submitted to the IRS.  

The decision for work exchange available for families will be based on:
 

  • A list of needs determined in advance of the barter process by the Administration and the Board of Trustees

  • Skill levels of individuals requesting exchange and quality of references

  • Treated the same as a new hire including a background check 

  • A clear scope of services, with tuition remission outlined

If an individual is interested in Work-Exchange, they must submit a proposal directly to the Head of School and CFO/Finance Director by using the Work Exchange Application. Families whom have participated in our work exchange program during the previous years, must update their proposals annually.

LEARN MORE

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