The Asheville School financial aid program serves to make an excellent education available to students of all socio-economic backgrounds and to provide the school with a well-qualified and diverse student body. Roughly one-third of our students receive need-based financial aid, with the average aid award approaching $31,000 for boarding students and $11,000 for day students. Altogether, we award more than $2 million each year in need-based aid.
To be considered for aid, a student must apply for admission and be accepted. Financial need is determined through careful review, using the School and Student Service for Financial Aid (SSS), a national organization that does initial aid analysis for many of the nation’s top independent schools. At Asheville School, we review the SSS analysis, along with tax records and other information provided by the family, to determine estimated need. All of our aid is in the form of outright grants (which never need to be repaid) and is renewable annually (adjusted for changes to the family’s financial circumstances).
The financial aid program is open to students of any race, creed, and national or ethnic origin.
In November, Parents’ Financial Statement (PFS) forms will be mailed from Asheville School to current aid recipients and to all other families who have requested financial aid applications.
Complete and submit the PFS by February 1:
• Online – Go to sss.nais.org, and follow the instructions.
Submit copies of your 2012 W-2(s) and 2012 federal tax returns (1040s) by February 15 to:
• SSS – Beginning this year, SSS will process W-2s and 1040s as well as PFS forms. The goal is to make it easier for you to send all the required documents to SSS instead of to multiple places. SSS will then distribute tax forms to all schools to which you have applied.
NOTE: You must submit all pages of your 2012 tax return. If you submit only the first two pages, your financial aid application will NOT be complete.
Provide additional information, if applicable.
• If you feel that any other information, quantitative or qualitative, will help us gain a more thorough, balanced, and accurate insight into your economic condition and lifestyle, please include the details in a separate statement.
NOTE: Even if your tax return cannot be completed by February 1, the PFS must be received by that date to ensure full consideration. Awards will not be finalized, however, until all documentation, including tax returns, has been received. All items must be received at the appropriate destinations on time for the aid application to be considered complete and ready for evaluation.
OPTIONAL: To best help families navigate the application for financial aid application process, we would like to offer families the option of filling out our questionnaire.This will also help the Financail Aid office determine the most appropriate amount of financial aid. Please complete the Parent Financial Aid Questionnaire and send to Asheville School.