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 to need-based financial aid, Stoneleigh-Burnham School offers scholarships.
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.
Applying for Financial Aid Online
Applications for financial aid can be made online starting October 2. To apply for financial aid online, visit the School and Student Services’ website. 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.
SSS resources make it easy to communicate to obtain the financial aid information you need. The Parents’ Financial Statement Workbook is a comprehensive guide to completing the 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 will be available soon on the SSS website or the portal’s Resources tab. Spanish versions of the PFS Workbook and Family Guide are coming soon!
You can also download free informational webinars that provide valuable tips for completing the Parents’ Financial Statement (PFS).