For the 2022/2023 academic year, the Board of Trustees has again generously pledged that 10% of gross tuition revenue be awarded to families requesting aid. 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.
If a family wishes to apply for financial assistance, completed applications must be submitted to the Finance Office prior to February 1, 2023. For families joining the community after the deadline awards may be granted throughout the year depending on the 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.
High Meadow is a registered 501(c)(3) educational organization.
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 Finance Director by using the Work Exchange Application. Proposals are considered after meeting with the appropriate personnel, agreements may be written and attached to their signed enrollment contract. Upon award, a job description and/or scope of services is drafted and
signed by all parties.