On or before February 1, 2019

• Submit a completed Parents Financial Statement (PFS) online to SSS. The George School code is 3364. Be sure to submit the appropriate fee.
• Submit to SSS copies of your 2017 1040 with all schedules and statements, W-2’s, K-1, and S-Corp tax forms.
• When completing the PFS, you may have to use estimated figures for the 2018 tax year. All numbers will need to be verified by final tax documents as soon as they become available and before a final financial aid package can be awarded.
• Divorced or separated parents may submit either a combined PFS or file separately. George School considers all resources available to students, so we require information from parents/guardians and stepparents regardless of divorce, separation, or marital status.

On or before February 25, 2019

Submit copies of your 2018 tax filings: 1040, W-2s, K-1, and S-Corp tax forms, if applicable, for custodial and non-custodial parents/guardians to SSS. Please include all schedules and statements with your tax returns.

After February 25, 2019

Any financial aid applications completed after February 25 will only be processed once the completed applications that were received by the deadline have been considered and if financial aid funds remain available. This deadline applies to both new and returning students.

March 10, 2019: Decision Notification

If all required documents are submitted by the deadlines, then you will receive notification of your financial aid status with your admission decision notification on March 10, 2019.

If you do not file taxes in the United States or your primary source of income is not in US Dollars (USD), you still must fill out the Parents’ Financial Statement (PFS). In addition, you must download and submit the International Student Financial Aid Profile form. Along with the International Student Financial Aid Profile form, please upload tax returns from your country, proof of income from your employer and copies of bank statements for all bank accounts (checking, savings, money market and other investment accounts).

On or before February 1, 2019

• Submit a completed International Student Financial Aid Profile form and upload tax returns from your country, proof of income from your employer and copies of bank statements for all bank accounts (checking, savings, money market and other investment accounts).
• Submit a completed Parents Financial Statement (PFS) online to SSS. The George School code is 3364. Be sure to submit the appropriate fee.

The School and Student Service for Financial Aid (SSS) processes each submitted Parent Financial Statement (PFS) and provides an analysis of a family’s finances. In its analysis, SSS suggests a portion of discretionary income that a family can contribute towards the cost of a child’s education. The George School Financial Aid Committee considers the recommendation of SSS in combination with income/earnings statements, IRS 1040 forms, and any other submitted financial documentation.

The family contribution determined by SSS is a starting point for the Financial Aid Committee. After considering any extenuating circumstances, together with George School’s financial aid policies, the committee makes a final award decision. Financial aid awards are confirmed and credited to accounts only after we have received the family’s submitted, signed copy of the 2018 Federal Tax Form 1040 with all schedules, statements, and W-2 forms (not an estimated form). If your family applied for a filing extension, please notify the Financial Aid Committee.

If you think you need financial aid, you should apply. Admission applications are read without regard for a family’s ability to pay. Only in the final phase is the selection process “need aware” as the Admission Committee weighs its decision against available financial funds. It is possible that a student may be admitted and then the family either does not qualify for aid or is placed on the financial aid waiting list.

George School awards financial aid in the form of a grant that does not need to be repaid. While George School does not offer any educational loans, additional information on financing resources, including educational loan programs, can be found via the School and Student Services (SSS) website.

Financial Aid Grant – The Financial Aid Committee has determined that your family qualifies for financial aid and is offering a financial aid grant.

Financial Aid Waiting List – Your family qualifies for financial aid as determined by the financial aid process, however, George School does not have enough funds to meet your demonstrated need.

Does Not Qualify – Your family does not qualify for financial aid as determined by the financial aid process.

Families are required to complete the financial aid process each year they are requesting aid and the Financial Aid Committee makes a new assessment each year. Generally, if your family’s financial situation remains the same and you meet all of the deadlines, you can expect to receive a similar level of financial aid in future years.

Each year George School distributes approximately $11 million in financial aid to roughly 50 percent of the student body. The average financial aid grant is approximately $35,000.

The average day student financial aid grant is nearly $23,800, but ranges from $1,000 to full tuition. Incomes of day student families who qualify for aid range from less than $20,000 to more than $150,000.

The average boarding student financial aid grant is about $44,300, but ranges from $5,000 to full tuition. Incomes of boarding student families who qualify for aid range from less than $20,000 to more than $200,000.

Parents often ask, “What is the cut-off point for my income?” There isn’t one. If you think the cost to send your child to George School exceeds your ability to pay the tuition, then you should apply for financial aid. Every family has varying circumstances that affect their ability to pay for private education. These factors include family size, number of children attending tuition-charging schools, assets, and debts.

George School expects that separated or divorced parents will contribute to the cost of their child’s education regardless of whether or not there is a legal obligation for them to do so. The financial aid process considers all resources that might be available to the student. If either parent remarries, the Financial Aid Committee will take into consideration the obligation of that parent to his/her new family and the resources of the stepparent, given the obligation of the stepparent to his/her own children. Therefore, both parent and stepparent must submit financial information to our office.

In the event that one parent will not participate in the financial aid process, we require the custodial parent to submit a non-custodial parent waiver form that will remain on file.

Some community, religious, and not-for-profit organizations offer scholarships. Applicants who are Quakers should seek additional funds from their monthly and yearly meetings. Prospective boarding students who show high achievements in academics and community activities may apply for one of four $15,000 Anderson Scholarships for boarding students.

Contact the Financial Aid Committee in writing to notify them of changes in your family’s financial picture. Please send an explanation and documentation to: Financial Aid Committee, George School, PMB 4460, 1690 Newtown Langhorne Road, Newtown, PA 18940-2414.

All materials are kept confidential and are reviewed only by members of the George School Financial Aid Committee. We will not release any documents you submit without your written permission.

Please feel free to call the financial aid coordinator at 215.579.6546 or the financial aid director at 215.579.6541 with questions or concerns regarding the financial aid process.

To check receipt of financial aid items or for questions about the Parent Financial Statement, please call SSS at 800.344.8328 (Monday through Friday from 9:00 a.m. to 8:00 p.m. EST and Saturday from 9:00 a.m. to 4:00 p.m. EST).