The
cost of a child's independent school education, the most important
investment a parent will ever make, may initially seem overwhelming.
However, Greenwich Academy is dedicated to developing a well-funded
financial assistance program that presently supports approximately
10 percent of its students. All financial assistance students receive
support based entirely on need as defined by a clearly articulated
set of reporting requirements.
The first and foremost criterion for admission to the
Academy is intellectual and personal potential, as well as indications
that a child's family will be committed to the values and traditions
of the community. Admission decisions are made in all cases without
regard to financial need.
Financing a Greenwich
Academy Education
Greenwich Academy Need-Based
Financial Assistance Grants
Eligibility: Varies by applicant
Features: Available for families who qualify for financial assistance
Benefits: No repayment
Fees:A minimal fee to School and Student Service for Financial Aid (SSS)
Procedure: Apply to SSS in Princeton, NJ. Forms are available in
the Greenwich Academy Admission Office and are available in Spanish or online at the SSS web site at https://sss.ets.org/. Applicants will need to send a copy of latest federal tax
return with all schedules and a copy of the SSS application to the
Director of Admission and Financial Assistance. In addition, families must submit a copy
of the student's birth certificate and proof of U.S. citizenship
or permanent residency.
Deadline: December 15
Plitt Loans
Eligibility: Varies by applicant and only for Upper School students
Features: Available for families who qualify
Benefits: Low interest rate; monthly payments.
Fees: A minimal fee to School and Student Service for Financial Aid (SSS)
Procedure: Obtain Plitt Loan application from Greenwich Academy Business Office
and return SSS forms to Princeton, NJ, by December 15. Applicants
will need to send a copy of latest federal tax return with all schedules
and a copy of the SSS application to the Director of Admission and Financial Assistance..
Deadline: December 15
Key Achiever Loans
Eligibility: Available for families that qualify.
Features: A flexible, low-cost education loan for parents and sponsors offering a convenient payment option for all K-12 school expenses; loan funds sent directly to the school on scheduled due dates; easy repayment with no prepayment penalties
Procedure: Contact KeyBank at 1.800.539.5363 or apply online at KeyBank web site.
Deadline: Prior to payment dates.
Traditional Contract
Features: $2,000 advance deposit due with signed enrollment contract.
First semester tuition is due on June 1.
Procedure: Business Office will send monthly billing notices.
Key Monthly Payment Plan
Features: A budget plan administered by KeyBank, which divides school costs into 10 or 4 interest-free installments.
For added convenience, the Direct Debit Option is available instead of monthly billing, which allows payments to be automatically withdrawn from their checking accounts. All families may use this service regardless of whether they qualify for financial assistance.
Procedure: Contact KeyBank or apply online at KeyBank web site.
For more information, contact the Greenwich Academy
Admission Office at 203.625.8990.
The financing and payment plans available to Greenwich Academy parents are described on this page. Any questions on these plans should be addressed to:
Ann B. Woodward, Dean of Admission and Financial Assistance, Greenwich Academy
203.625.8990
Email awoodward@greenwichacademy.org |