Need Blind Admission
Key School does not use financial need as a consideration in assessing a student's eligibility for admission. The admission and Financial Aid processes are separate and distinct. No decisions regarding Financial Aid are made until the student is accepted.
The Admission Office manages the financial aid process and serves as the liaison between families and The Key School. Key School safeguards the confidentiality of all financial aid information supplied by applicants and does not publicly identify recipients of Financial Aid. Families are informed that publicizing an award in any way is inappropriate and is in violation of School policy.
Financial Aid Waiting Pool
Financial aid funds are limited. Applicants whose needs cannot be met will be placed in a waiting pool. If funds become available at a later time (as funds are released from families on Financial Aid who leave the School or who do not qualify for continued assistance), they will be awarded to applicants who qualify. The Financial Aid Committee will decide on awards as funds become available.
Circumstances Affecting Parental Contribution
Given limited resources, the following policies are designed to promote the most fair and consistent division of available Financial Aid. The School adheres to these policies unless special circumstances allow deviation.
The School expects both parents to contribute to tuition. If a parent makes the decision not to work, the School may impute an annual income for a non-working parent, after the youngest child in the family reaches kindergarten age.
Divorced and Separated Parents
In the case of divorce or separation, the School requires both parents to file an application for Financial Aid. Both parents file the Parents' Financial Statement (PFS). All current tax returns and supporting documentation are required from both parents. The School is not bound by any divorce agreement specifying a parent's responsibility for educational expenses. It is felt to be unfair for the School to subsidize a child's education if one of the parents is able, but unwilling, to contribute to his/her child's tuition. It is also the School's policy to consider the resources of a step-parent in making an award. Please contact the Assistant Head of School for Enrollment Management for guidance in handling unusual circumstances.