Tuition and Financial Aid

//Tuition and Financial Aid
Tuition and Financial Aid2018-07-11T15:44:08+00:00

2018 – 2019 Tuition & Required Fees

TUITION REQUIRED FEES*
BOARDING STUDENTS $ 59,939.00 $ 1,525.00
INTERNATIONAL STUDENTS $ 59,939.00 $ 7,020.00**
DAY STUDENTS $ 35,096.00 $ 1,210.00

The Tuition Refund Plan (TRP) is required for all families who have not paid in full by July 1, 2018. The cost of the TRP is calculated at 4.1% of tuition.

*Required Fees include Health Center Fee, Activity/Yearbook Fee, Technology Fee, and Dorm Room Security Deposit.

**International Fees also include English Learner Program (EL), International Activity Fee, and Health Insurance Premium.

For more information please contact the Admissions Office by email or call 413-774-2711 ext. 257.

Financial Aid

Philosophy

Stoneleigh-Burnham School (SBS) is committed to enrolling a diverse student body comprised
of students who are appropriate for our mission and our program. In order to enroll, families are
expected to be responsible for full tuition each year. We realize that this is a considerable
investment. We also are aware that not all families are able to afford the total cost of this
exceptional education.

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. In addition, four merit scholarships are offered. When granting financial aid
awards, SBS is, in essence, investing in a partnership with each of the most qualified students
requesting financial aid. It is expected that these students uphold their commitment to the
partnership by exhibiting their greatest efforts in academics, athletics, arts, leadership,
community service opportunities, and all other aspects of school life.

SBS has an annual financial aid budget of approximately $2.5 million, and provides need-based
financial aid awards to approximately 40% 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 Procedure

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 are required to
submit all necessary financial documentation, regardless of marital status.

How to Apply for Financial Aid

  1. The Parents’ Financial Statement (PFS) should be completed online with the School and Student Service (SSS) by NAIS at sssbynais.org by January 30th. New families should complete the statement as soon as possible. You may estimate income and expenses if the exact numbers are not known. The Financial Aid Office will make corrections by referring to the IRS Form 1040. Here’s the information you need to apply via NAIS.
  2. Both custodial and non-custodial parents should upload a signed copy of their 2016 IRS Form 1040 with all schedules and statements as well as their 2017 W-2s to the SSS account or submit a paper copy to the Financial Aid Office on or before February 15*. The 2017 IRS Form 1040 with all schedules and statements should be uploaded as soon as feasible.
  3. Once your daughter has been accepted, and we have received the necessary paperwork, the Financial Aid Committee will meet to review your request for financial aid. The following paperwork is required:
    • copies of your current and previous year’s Income Tax Returns
    • copies of your W-2 forms for last year and previous year
    • parents’ financial statement (PFS) submitted to SSS.

Applying for Financial Aid Online

Applications for financial aid can be made online starting October 2nd*. To apply for financial aid online, visit the School and Student Services’ website. Click on “Apply”. You can also download free informational webinars that provide valuable tips for completing the Parents’ Financial Statement (PFS).

Information provided by School and Student Service by NAIS

*When the due date falls on a weekend, forms are due the following Monday.

Stoneleigh-Burnham has limited financial aid funding. Families submitting late or incomplete applications risk not receiving aid. 

Financing Options

(available for domestic students only)

Stoneleigh-Burnham School strives to make the cost of an education affordable for all families. To that end the School offers several payment options that can spread the cost of tuition payments over time. These financing options can help to supplement any need-based financial aid you may already be receiving from Stoneleigh-Burnham School, or they can also be utilized by families who are ineligible for financial aid.

Tuition Management Systems Monthly Payment Plan 

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 to enroll is on their website.

 Your Tuition Solution Education Loan

This loan offers an interest rate as low as 3.99 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.

Stoneleigh-Burnham School offers four scholarships annually. Three of them require no formal application; the fourth requires an essay  (see C. Robert Wray Scholarship below). All four 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.

The Dorrance Scholarship in Memory of Bonnie Benn Jesser S’63

The family of Jacquelynn Dorrance S’64 has endowed this scholarship in memory of Bonnie Benn Jesser S’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 $5,000 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 $5,000 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. This scholarship is granted each year to an incoming student.

The C. Robert Wray Scholarship

The Wray Scholarship is awarded annually to a girl 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, who receives a $10,000 award, 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 15th 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.

For more information, please email the Admissions Office or call 413-774-2711, ext. 257.