Q. Should I apply for financial aid?
If you do not believe you can afford the cost of a Berwick education, then yes, please apply for assistance. Last year over 40% of our student body received financial aid.
Q. How does the financial aid application process work?
Those interested in applying for financial aid should notify the Admission Office and check the appropriate box on the application. Applications for financial aid students should be submitted on-line (sss.nais.org) as early as possible, but not before November 1st. In order to be considered for the first round of decisions, all paper work must be completed no later than December 15 for returning students and January 15 for new students.
Q. What is used to determine if I will I qualify for aid?
Based on your PFS (Parent Financial Statement), the School and Student Service for Financial Aid (SSS) will estimate how much you should be able to contribute toward your child's education. SSS uses a standard calculation which takes into account your income and expenses, assets and liabilities, and family size. Berwick Academy uses this estimate as a guide along with your tax returns to determine your award. Please be aware that each school uses this figure differently based on their budget and their specific enrollment needs.
Q. What if we have special circumstances that we feel the financial aid committee should take into consideration?
Any additional information that you would like us to consider should be noted in the comment section on your PFS.
Q. Does Berwick Academy give academic, artistic, or athletic scholarships?
No. All financial aid awarded is based on a family’s demonstrated financial need.
Q. What if my 2018 tax return is not available by the deadline?
Berwick Academy will be using the prior-prior year taxes, like many colleges this year. Your initial award will be calculated based upon your 2017 taxes. You are required to submit your 2018 taxes and all pertinent schedules by April 30, 2019. All initial awards are subject to change pending 2018 tax verification.
Q. If I accept the award, what will my future awards look like?
You must submit a new PFS, tax return, and all pertinent schedules and forms each year. If your income has not changed significantly, your award will be comparable each year. However, it is expected that families will be responsible for annual tuition increases.