A coed Quaker school for grades K through 8

Tuition FAQs

Can my family qualify for Family Financial Support?

The below illustrations from 2014 (the last year from which national statistics are available) shows the approximate levels of minimum income at which a family would first be expected to begin contributing towards the cost of tuition. Also shown is the approximate maximum income, an amount above which a family may no longer qualify for financial aid. These illustrations are only guidelines. Actual numbers will vary based on your family’s circumstances and funds available.

Number of Parents Number of Children Minimum Income Maximum Income
1 1 $43,250 $131,500
1 2 $52,575 $140,250
1 3 $67,000 $153,700
1 4 $81,465 $167,400
2 1 $44,000 $131,900
2 2 $58,450 $145,575
2 3 $72,900 $159,275
2 4 $86,625 $172,300

The above table is based on the following assumptions:

  • All parents work
  • One income is at $15,000
  • Parent(s) age is approximately 45
  • Net worth is approximately $75,000
  • Oly one child attends private school
  • The cost of living adjustment for the Philadelphia area is 1.26%
Will we receive Family Financial Support if our family qualifies?

Because our budget is limited, we strive to use our family support dollars where they are most needed. Continuing families are awarded prior to new families, in demonstration of our reciprocal commitment to families who are dedicated to a BFS education. Families who apply after the March 15th deadline may receive a smaller award than families who applied on time, as our pool of funds diminishes after each round of awards. 

If my family’s income is below the maximum income shown in the table, does that mean we qualify for Family Financial Support?

Every family is looked at individually. There are many differences from one family to the next. Variables include the number of children in the household, the number of children attending private school, whether there are two working parents, the family’s net worth, debts, unusual expenses, and other factors. The table shown above is presented only as a general guideline.

What kind of Family Financial Support awards can we expect in following years?

Family Financial Support awards are reviewed annually. Each family receiving aid must file a new application on SSS each year and upload a copy of their Federal Tax return, all tax schedules, and W-2’s. When BFS grants financial support to a family, it makes a commitment to that family to provide aid for as long as their child is attending BFS, though the amount of the award may vary slightly depending upon changes in a family’s financial circumstances. 

Are there any special obligations or performance requirements for students who receive Family Financial Support?

There are no extra work or other requirements for financial support recipients. Every BFS student is expected to do his or her best to maintain the strong academic and personal qualities evidenced upon admission and promoted through their BFS education.  The school does appreciate the many dedicated parents who volunteer at the school in a variety of ways from gardening, chaperoning and serving warm lunches to serving on committees and donating to the Annual Fund.

Are other families, teachers, or staff members aware of who receives Family Financial Support?

Only the few select members of the Financial Support Committee have access to the information you provide, and all information is held in the strictest confidence.

What amounts of Family Financial Aid awards have been granted?

While awards vary widely due to family circumstances, number of children attending the school, etc., below is the range of awards from the prior school year:

Family Income Awards
$0 – 50,000 $10,000 – 15,000
$51,000 – 100,000 $4,000 – 14,000
$101,000 – 150,000 $2,000 – 12,000
$151,000 – 200,000 $2,500 – 10,000
$200,000+ $2,000 – 3,500
   
 
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