FINANCIAL AID
Episcopal seeks applications from talented and motivated students, regardless of family financial resources. Because every family cannot afford this investment, the School makes financial assistance available to help close the gap between the costs of attending EHS and a family’s ability to pay, as determined by needs methodology used by the
School and Student Services by NAIS.
To make the School affordable to more families, Episcopal provides several financial options. EHS is committed to socio-economic diversity, which brings a variety of perspectives and enables students to debate, discover, and expand upon their knowledge of the world. Achieving this greater understanding is critical to preparing students to succeed in all aspects of life. We urge families to apply even if there is concern over the ability to pay tuition.
Awards to qualified students are made in the form of grants and are based upon a demonstration of financial need, coupled with a student’s individual merit. In addition to financial aid, two payment schedules are available to accommodate family budgeting and planning needs.
While Episcopal High School subscribes to the belief of the National Association of Independent Schools (NAIS) that the primary responsibility for funding the cost of education resides with the family, we also understand that it is becoming increasingly difficult for a large percentage of families to afford independent school tuition. Episcopal urges talented and motivated students to apply for admission, even if there is a concern over the ability to pay tuition, and encourages parents to request application forms and apply for financial assistance.
In 2020-21, approximately 34 percent of the student body will receive financial assistance. Approximately $7.5 million in aid is awarded annually, with the average grant equaling about $49,000. The Financial Aid Committee keeps all financial information confidential. Financial aid is available to students of any race, color, gender, creed, sexual orientation, or national or ethnic origin.
APPLYING FOR ASSISTANCE
The deadlines for submitting the PFS and supporting materials to the SSS are listed below. Timeliness in meeting these deadlines is critical for consideration to receive financial aid. The PFS must be completed online. Supporting materials may be uploaded or submitted by mail. The cover sheet and signed copies of the required documents should be sent by US Mail to:
Community Brands
School and Student Services
PO Box 489
Southampton, PA 18966
or by overnight Federal Express, UPS, and Postal SErvices Express Mail to:
School and Student Services
458 Pike Road
Huntingdon Valley, PA 19006
ALL APPLICANTS
Due by January 31, 2021
- PFS must be completed and submitted to the SSS by NAIS (with Episcopal as a designated recipient of the evaluation - Episcopal's code is 3022). To complete your online application. please click here.
NEW APPLICANTS
Due by February 28, 2021
New applicants must submit signed copies of the following required documents:
- IRS Form 1040 for 2020
- All IRS Schedules for 2020
- W-2 and/or 1099 forms for 2020
For students whose parents are divorced or separated, both parents are required to submit signed copies of the required documentation.
RETURNING APPLICANTS
Due by March 13, 2021
Returning applicants must submit signed copies of the following required documents:
- IRS Form 1040 for 2020
- All IRS Schedules for 2020
- W-2 and/or 1099 forms for 2020
For students whose parents are divorced or separated, both parents are required to submit signed copies of the required documentation.
GRANT DETERMINATION AND NOTIFICATION
The Financial Aid Committee is chaired by the Financial Aid Director and ultimately reports to the Admissions Director. Other members of the committee include the Chief Financial Officer, an Admissions Officer, and at least one member of the teaching faculty.
Both returning students and admissions candidates are notified of financial aid decisions in March. The financial aid decision is communicated to parents along with the invitation for enrollment. Parents are required to reply within 30 days.
ANNUAL RENEWAL
Tuition grants are made for one year. Parents must complete a PFS each year and send it to the SSS in accordance with the application schedule outlined above. Unless there is a significant change in annual income or available assets, parents can normally expect the level of assistance to be continued from year to year.