Mission of the Financial Aid Program
Stoneleigh-Burnham School offers financial aid to enroll competitive students who increase the diversity of our student body, who are appropriate for our mission and program, and who could not otherwise afford to attend. In the administration of our financial aid program, Stoneleigh-Burnham does not discriminate on the basis of race, color, national or ethnic origin.
Affording a Stoneleigh-Burnham Education
SBS is committed to making its education affordable to families from a wide economic range. Enrolling a talented and diverse student body – bright students with a variety of experiences and backgrounds – is central to our mission. Where possible, qualified families may defray a portion of the cost of an SBS education through our allocated funds. In recent years, private school tuitions have increased much more rapidly than family incomes, so, in an effort to make our educational experience accessible to more families in our local community, we significantly decreased day student tuition and held boarding tuition flat for the 2020-21 school year. By implementing a new commitment to private school affordability, Stoneleigh-Burnham School is on the leading edge of an important trend in independent school education.
|2020-2021 Tuition (reflects a remote Fall 2020)|
|Day Students (Grades 9-12 & PG year)||$21,250|
|Day Students (Grades 7-8)||$17,250|
Please contact Sharon Weyers, Director of Financial Aid, at email@example.com to learn more about financial aid and scholarships.
Financial Aid Policy
Financial Aid awards are determined by the financial need of the family, taking into consideration a family’s income and expenses, assets and debts, number of family members, cost of living index, etc. The Admissions Committee reviews application folders and determines which students receive letters of acceptance, regardless of the financial need of the family. Those accepted students whose families have completed and submitted the required financial aid paperwork in a timely manner will then be reviewed by the Financial Aid Committee. Both parents/guardians are required to submit all necessary financial documentation, regardless of marital status.
SBS has an annual financial aid budget of approximately $2.5 million, and provides need-based financial aid awards to approximately 47% of our students. The requests and need for financial aid far exceed our budget. Therefore, we are not able to offer all accepted students a financial aid award. Some students will be put on a financial aid waitlist, with no promise of receiving financial aid, even if they qualify for such aid.
Financial aid covers the cost of tuition (which includes room and board.) Tuition charges do not cover fees, incidental expenses for books, school supplies, or tutoring as may be needed. In general, additional aid is not available for costs beyond the standard expenses.
It is our policy not to provide projected awards until both the financial aid application and the admissions application have been submitted.
Financial Aid Procedure
Domestic families who wish to apply for financial aid may begin their application starting October 2. To apply for financial aid online, visit the School and Student Services’ (SSS) website and click on “Apply”. The Parents’ Financial Statement (PFS) should be completed by both custodial and non-custodial parents/guardians by February 1. Families may estimate income and expenses if exact numbers are not known. The Financial Aid office will make corrections by referring to the IRS form 1040.
School and Student Services (SSS) resources make it easy to obtain the financial aid information you need. The Parents’ Financial Statement (PFS) Workbook is a comprehensive guide to completing the Parents’ Financial Statement (PFS) from start to finish featuring line-by-line instructions. The How to Apply for Financial Aid flyer and Family Guide to Financial Aid booklet are available on the School and Student Services’ (SSS) website on the Resources tab. Spanish versions of the Parents’ Financial Statement (PFS) Workbook and Family Guide are also available. You can also download free informational webinars that provide valuable tips for completing the Parents’ Financial Statement (PFS).
International families who wish to apply for financial aid must complete and submit an International Student Financial Aid Profile along with documents that provide income verification to be considered for an award. Please know that there is limited financial aid available for international students. There is no guarantee that submitting a financial aid application will result in an award.
Financial aid cannot be guaranteed to any family who has not provided all documentation by the published deadline. In the event that financial circumstances have changed for a family after submitting the financial aid application, updated information will need to be provided to show evidence of this change. Families should contact the Director of Financial Aid to appeal financial aid decisions. You will be asked to provide evidence and/or reasons for the appeal.
In addition to need-based financial aid, Stoneleigh-Burnham School offers seven merit scholarships annually. Six of them require no formal application; the seventh requires an essay (see C. Robert Wray Scholarship below). All scholarships honor exceptional applicants who will enhance the community of Stoneleigh-Burnham and, ultimately, the broader world. Scholarships do not preclude other financial assistance and are available to both domestic and international students.
Sally Mixsell ‘69 Scholarship
The Sally Mixsell ’69 Endowed Scholarship Fund was created in 2017 through a gift from Laura Richards ‘60S. It honors Sally Leach Mixsell ‘69, Stoneleigh-Burnham Head of School from FY08 to FY18. The donor’s intent is to recognize the outstanding leadership provided by Sally Mixsell to Stoneleigh-Burnham School in her various roles serving on the Alumnae Board, the Board of Trustees, and as Head of School. The donor wishes to encourage alumnae, parents, and friends to contribute to the Scholarship in Sally’s honor. The scholarship will be awarded to a new or returning student who demonstrates leadership and school spirit.
Amy M. Spencer Scholarship
The Amy Spencer Endowed Scholarship Fund was initiated in 2001 by Robert and Sally Spencer in memory of their daughter Amy Marie Spencer ’03. The scholarship was officially established in 2011. Gifts from family and friends have also contributed to the Scholarship. The scholarship will be awarded to a Franklin County resident, based on financial need, to help pay for the cost of day student tuition.
Elizabeth Guyer Ebel Scholarship
The Elizabeth Guyer Ebel Scholarship Fund was established in September 2018 through the Elizabeth Guyer Ebel Trust in memory of Elizabeth Guyer Ebel. Elizabeth “Betty” Guyer Ebel ’49 was a student for just one year at the Mary A. Burnham School. After completing her education, she enjoyed a long career at The New Yorker as a reporter and editor, and maintained a lifelong connection with Stoneleigh-Burnham as a donor. Sadly, Mrs. Ebel and her husband, Donald, passed away within months of each other in 2017. This scholarship will be awarded to a deserving recipient as determined by the Director of Enrollment Management.
The Dorrance Scholarship in Memory of Bonnie Benn Jesser SPH ’63
The family of Jacquelynn Dorrance SPH ’64 has endowed this scholarship in memory of Bonnie Benn Jesser SPH ’63, whose life ended tragically soon after her graduation from Stoneleigh-Prospect Hill School. The Dorrance Scholarship is awarded to a girl who exhibits interest in and enthusiasm for extra-curricular activities. Like Bonnie Benn, she should also have contagious enthusiasm, a strong sense of sportsmanship, and an interest in service to others. This scholarship is granted each year to an incoming student.
The Mr. and Mrs. “E” Alumnae Scholarship
The Mr. and Mrs. “E” Scholarship is named for Mr. and Mrs. Edward E. Emerson who led Stoneleigh-Prospect Hill and then Stoneleigh-Burnham from 1950-1970. It is awarded annually to a candidate who has demonstrated above-average academic ability and well-rounded interests and talents in their school community. A strong sense of community responsibility and care for family and friends, traits instilled by the Emersons, are also considered. Preference for this award will be given to a relative of an alumna.
The Iampietro Scholarship
The Iampietro Scholarship was created by alumnae of the 80’s, 90’s and early 2000’s. The scholarship honors Tom and Candy Iampietro, who taught History and English, respectively, at SBS from 1983-2003. Many alumnae, parents, and friends contributed. The scholarship was established to reward a student who demonstrates passion for the Humanities, mirroring what Tom and Candy displayed in their teaching.
The C. Robert Wray Scholarship
The Wray Scholarship is awarded annually to a student who embodies the characteristics that Mr. Wray endeavored to instill in his students over his 18-year tenure as Headmaster of the School. The recipient must show character, integrity, and a genuine interest in attending Stoneleigh-Burnham School. Equally important is her demonstrated potential for leadership and contribution to the school community as well as proven academic success.
By February 1 of the current school year, the applicant must submit an essay of at least 1,000 words in an editable format (Microsoft Word or Google Doc) expressing what leadership means to her and why she is particularly determined to attend Stoneleigh-Burnham. A panel of alumnae and local leaders helps determine each year’s awardee.
SBS deeply values diversity among its student population and as a result seeks to attract students from all corners of the world. Global scholarships are available to our top international applicants once they have been accepted to SBS. The committee reviews the whole student and values strong academic performance, involvement in extracurricular activities, and strong character traits.
Financial aid and scholarship deadlines:
October 2: Parents’ Financial Statement (PFS) service opens.
February 1: Submit a completed online financial aid application through School and Student Services (SSS).
February 1: C. Robert Wray scholarship essay is due. It is available to both new and returning students.
February 15: Families upload 2019 & 2020 tax returns to their SSS account.
Stoneleigh-Burnham School strives to make the cost of an education affordable for our families. To that end, the School offers several payment options that can spread the cost of tuition payments over time. Stoneleigh-Burnham offers our domestic families three options for making their tuition payments:
- Plan A – Pay in full by July 1st
- Plan B – Two payment plan, 70% by July 1st, 30% by December 1st
- Plan C – Ten-month payment plan (through FACTS)
International families are required to make their tuition payment in full by July 1. They may choose to purchase or waive (by submitting a TRP waiver form) the Tuition Refund Insurance Plan (TRP.)
In addition, the following financing options can help to supplement any need-based financial aid families may already be receiving from Stoneleigh-Burnham School, or they can also be utilized by families who are ineligible for financial aid.
FACTS Monthly Payment Plan (available for domestic students)
The Monthly Payment Plan begins on May 1 and ends on February 1. The enrollment fee to participate in the 10-month plan is $40. The enrollment fee to participate in the four-month payment plan is $20. Participating in the Monthly Payment Plan allows you to make smaller monthly installments throughout the course of the school year to spread out the cost of your daughter’s tuition. Further information can be found on the FACTS website.
Your Tuition Solution Education Loan (available for domestic students)
This loan offers an interest rate as low as 4.99 percent APR and up to 24.99 percent APR based on the amount financed and the applicant’s credit history. The repayment terms range from 24 to 84 months (2-7 years). Your Tuition Solution has no application or prepayment fees. If you have questions, please contact Your Tuition Solution at 800-920-9777 or visit the Tuition Management Systems website.