Admission : Tuition & Financial Aid : Financial Aid Policy

In 2009-10, Lawrenceville will continue to offer financial aid to those students who demonstrate need. The current financial aid budget of over $8 million reflects the School’s commitment to supporting students from a broad range of economic situations.

Since a Lawrenceville education is a high priority for families, it is their responsibility to contribute to their child’s educational costs at the highest possible level given their economic situation. For those families who are unable to meet the full cost of education, financial assistance is available.

Lawrenceville uses the School and Student Service (SSS) to collect basic financial information on income, assets, family size and the number of siblings in tuition-charging schools. A need analysis report is prepared by SSS that suggests the amount you can contribute for educational costs. Since not all families’ financial circumstances are equal, the Lawrenceville Financial Aid Office uses the SSS evaluation as the starting point at which Lawrenceville’s review of each applicant for financial aid begins.

In cases of a divorce or separation, Lawrenceville requires information from both natural parents and any stepparents. Each parent must complete and submit a Parents’ Financial Statement (PFS). The family’s ability to contribute is based on both natural parents’ and any stepparents’ income and assets.

Once the family’s contribution is determined, the Financial Aid Office will assign an aid package to meet the unmet costs of attendance. The award is conditional upon the review of your 2008 Federal tax return or the “Parent’s Non-Filer’s Statement”. If your child is required to file a tax return, you must send a copy to this office for review.

The amount you can reasonably contribute toward meeting the cost of a Lawrenceville education is reviewed annually. Your contribution may increase, decrease, or remain the same depending on the change in your financial circumstances from year to year.

We do require that requests for financial aid be made at the time families file the web inquiry form. If you do not apply for financial aid the first year of your child’s attendance at Lawrenceville, we may not award aid in subsequent years, unless there has been a significant change of circumstances. An example of such a change would be the loss of income, death of a parent, or an additional child entering a fee-charging school.