A coed Quaker school for grades K through 8

The Tuition Policy at Buckingham Friends School

The following is a statement of the policies that govern Family Financial Support at Buckingham Friends School.

  1. All information submitted for family financial support purposes is held in the strictest confidence.

  2. No application for family financial support may be considered unless and until the applicant provides all information requested by the Financial Support Committee.

  3. All “Report of Family Contribution” forms received from School and Student Service for Family Financial Support shall be reviewed and recalculated with appropriate adjustments.

  4. In the case of divorced or separated parents, financial resources of both natural parents will be considered, and therefore, both parents must provide complete financial information for the Financial Support Committee to consider.  It is the responsibility of the custodial parent to ask the non-custodial parent to complete the online parent financial statement and providing federal tax information required by the school.  Simply sign-on to www.sss.nais.org.  Parents are assured that all information submitted will be kept in the strictest confidence, and that information will not be shared with either family.  We will not be able to review an application for financial support unless both parties cooperate and provide the required information in a timely manner.

  5. In cases where a non-custodial natural parent’s whereabouts is unknown, or when that parent has made no contact with the student for a period of years, and has given no financial support to the student during that time, the Financial Support Committee may waive the requirement of financial information from the non-custodial parent.

  6. The Financial Support Committee may refuse to grant financial support if the applying family has an overdue account with the School.

  7. In the case of two parent families where only one parent works, and if there are no dependent children or parents at home, or if the non-working parent is not disabled, the School will make an adjustment to increase income by the equivalent of a full-time minimum wage.

  8. An adjustment will be made to compensate for the cost of living index for the Philadelphia area.

  9. The first $40,000 of net worth will not be considered in the calculation of need.

  10. Buckingham Friends School subscribes to the “Principles of Good Practice for Financial Aid Administration” advocated by the National Association of Independent Schools. A copy of these principles is available for review in the School’s business office.

  11. The amount of family financial support offered will vary from one family to another because each family’s needs are looked at individually. Financial support could be as high as 95% of tuition, but only in rare and exceptional cases. The Financial Aid Committee expects each family to contribute the maximum amount they are able towards tuition.

 
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