In making decisions regarding awarding financial aid, the Financial Aid Committee uses the information from the PFS as a starting point but also considers school policy, practices, and available budget. Each financial aid application is reviewed on an individual basis, and all applications are given equal and fair review. Families should understand that, due to budget constraints and the amount of applicants’ needs each year, CH-CH cannot offer financial aid to all qualifying families, nor can the School always meet a family’s demonstrated need.
The financial information that families provide to School and Student Services via the Parent Financial Statement results in what SSS calls a ‘Report of Family Contribution,’ which is a numerical amount that SSS feels a family can afford for their student’s education – SSS puts the information provided into an equation, and that number is simply reported to each school to which a family is applying for aid. This number acts as a starting point for our School to then make its financial aid decisions. Each school has different budgets, policies, and procedures, meaning that families should familiarize themselves with each one; further, families may receive varying awards from each school.
A family must qualify based on the School’s tuition to be considered for financial assistance, and families MUST reapply for financial aid each year by the said deadline in order to be considered. If a returning family previously receiving financial aid at CH-CH demonstrates a need each year and completes the application by the deadline, the School remains committed to supporting such students.