Financial Aid Frequently Asked Questions
What is Flintridge Prep's financial assistance philosophy?
Flintridge Prep strives to offer all qualified student-applicants access to an independent school education. We seek students from diverse backgrounds who aspire to academic excellence, personal growth and active participation in the school community. Financial aid is granted on the basis of family financial need. Flintridge Prep does not offer tuition loans or merit-based scholarships. We follow the National Association of Independent Schools (NAIS) Principles of Good Practice for Financial Aid Administration, including the determination for admission without regard to a student's application for financial aid.
How many Flintridge Prep families receive financial assistance, and how much do they receive?
The NAIS benchmark for tuition assistance provided by independent schools is 20% to 25% of students receiving average grants of 50% tuition. Flintridge Prep typically meets or exceeds the highest NAIS guideline, with 27% of students currently receiving assistance. Financial aid grants range from 8% to 100% of tuition.
For the 2020-2021 school year, Flintridge Prep awarded $3,211,500 to 146 students. The average aid awarded was 59% of tuition. This amount includes $202,500 that was granted to support families impacted by the COVID-19 pandemic.
Will my family be guaranteed continuing assistance for as long as my child is a student at Flintridge Prep?
Though families are required to apply annually for financial aid, aid is almost always renewed by the Financial Aid Committee, subject to the family’s continued need and the student’s academic progress and satisfactory school citizenship. Whenever a family’s need indicates that it is appropriate, we try to increase assistance in proportion with tuition increases.
What is the procedure for applying for financial assistance at Flintridge Prep?
Financial aid is available to assist qualified students in grades 7-12. Your family must complete the FAST online application; after the school has analyzed your family's financial need, a committee appointed by the headmaster determines the amount of the award. If applicable, non-custodial parents must also complete a FAST application. Applicants will be notified by mail of a final decision.
Please note that the application for financial aid is a separate and second process in addition to the application for admission to Flintridge Prep. If your family is interested in applying for financial aid, it is your responsibility to complete the on-line ISM FAST financial aid application, and to submit tax information by the deadlines noted.
Our Admissions Committee is never aware of whether an applicant is applying for financial aid, and our Financial Aid Committee only looks at financial aid applications once a decision has been made to admit a student to the school.
Where do I find the financial aid forms so that I can start the process?
Flintridge Prep offers an online application for new applicants and re-enrolling students called Financial Aid for School Tuition (FAST). Click here for the financial aid application.
The deadline to complete the application is January 25, 2021. Decisions will be emailed on March 5, 2021.
Is there anything special I should do before I start my financial aid application?
Please complete your 2020 federal tax return as early in the year as possible, as a completed 2020 federal tax return is a required part of the financial aid application. The financial aid deadline is January 25, 2021. Completed 2020 federal and state tax returns are a required part of the financial aid application. Copies of the family’s 2020 federal and state tax returns must be mailed or scanned and uploaded to FAST by February 5, 2021. Click here for the financial aid application. Please see the Financial Assistance section of our website for more information.
After completing the application, please mail or scan and upload copies of your 2020 tax documents to FAST by February 5, 2021. Please do not send any originals, and do not fax or e-mail the tax information. If you’re mailing documents, the FAST address is:
1316 N. Union St.
Wilmington, DE 19806
What is the financial aid application fee?
The fee to apply for financial aid is $45; it is non-refundable, payable by MasterCard, Visa, or American Express, and will show as a charge to Independent School Management. This fee may be waived by contacting Kim Kinder, the Director of Finance at (818) 949-5518. If you are applying to other schools that use FAST for financial aid, additional applications will cost $10. FAST will email you a PIN and personalized link for the additional application. You must use the PIN and link to apply to each additional school at a reduced rate of $10. Please contact the FAST Call Center at (877) 326-FAST (3278) if you need any assistance applying to multiple schools.
What documents and information do I need in order to complete the FAST financial aid application?
The following documents will help you complete the online ISM FAST application. Please mail or scan only a copy of your 2020 federal and state tax returns and W2s, 1099s to ISM FAST and keep the rest of your financial documents for your own records.
IRS and State Forms:
W-2 Wage and Tax Statements
2020 federal 1040 or 1040A
2020 state 540 or 540A
Copies of all supporting tax schedules
Business -- Schedule C or C-EZ (1040)
Farm -- Schedule F (Form 1040)
Rental Property -- Schedule E (Form 1040)
LLC -- Schedule E, Form 1120S, and Schedule K-1
S Corporation -- Schedule E, Form 1120S, and Schedule K-1
Partnership -- Schedule E, Form 1120S, and Schedule K-1
Trusts -- Schedule K-1
Final pay stubs for 2020
Year-end statement from your mortgage holder
Insurance costs for home, life, auto, and health
Medical records and expenses
Retirement account information
I don't have access to a computer to complete the application. What do I do?
Please contact the Director of Finance. We will make a computer available to you and walk you through the application process.
I have a complicated financial situation that prevents me from getting all my files in on time. Will my application still be considered?
Please contact the Director of Finance. We will work with you to find a solution.
When will my family hear a financial aid decision?
Financial aid decisions will be emailed to families on March 5, 2021.
Are there other major expenses that my family should consider?
The school has BYOD (bring your own device) and Global Studies programs for all students. In addition to providing options for purchasing affordable laptop computers, financial aid is provided to assist families receiving tuition assistance with a one-time purchase of a laptop and/or participation in Global Studies.
How is Flintridge Prep supporting families impacted financially by the pandemic?
We understand there may be new and unusual family financial demands that make the cost of a Flintridge Prep education an obstacle. The Flintridge Prep Board of Trustees is committed to keeping our community and student body strong by stewarding the school’s resources and supporting families through the pandemic as much as possible. If need-based financial aid would be helpful in the 2021-2022 school year, please submit our FAST application, which will be available in November 2020. Those experiencing immediate financial impacts should contact our Director of Operations Kim Kinder.