Financial Aid


"Our experience at GA has been wonderful. We have experienced absolute inclusion from the faculty, students, and parents. Financially unable to pay full tuition given our economic status, we have found GA to be extremely generous." —Current Parent

We recognize that the cost of an independent school education can be discouraging, but be assured that Greenwich Academy is committed to providing a well-funded, inclusive, and equitable financial aid program to support our families. Our dedication to financial aid has made Greenwich Academy a socioeconomically diverse community and has helped us focus on our mission to bring girls of exceptional character and talent to our school. Currently twenty-one percent of our student body receives aid, representing families from a wide-range of incomes. In addition, our admission process is need-blind, meaning decisions are not influenced by a family’s ability to pay.

The Financial Aid Application is due December 15. Instructions can be found above, under the “How to Apply” tab. To help with what can be a confusing process, here are some useful resources: a guide and a tax primer. Additionally, you can listen to this financial aid webinar, hosted by Nina Hanlon, Director of Enrollment and Financial Aid, and Rachel Henry from School and Student Services (SSS).

For more information, contact the Greenwich Academy Financial Aid Office at 203.625.8990

The financial aid application process is designed to:

  1. Provide an equal and fair means by which to evaluate financial need.
  2. Allow qualified students from families with limited financial means to benefit from the GA experience.
  3. Enrich the Greenwich Academy community with talented students from diverse economic backgrounds.
ELIGIBILITY AND REQUIREMENTS
  • Documentation of US citizenship or permanent residency must be submitted with the Application for Admission (Part I). Proof is required for both student and parent.
  • In keeping with the NAIS Principles of Good Practice for Financial Aid, Greenwich Academy requires the parents of each financial aid applicant to submit yearly a detailed financial statement to School and Student Services (SSS) and Greenwich Academy.
  • Every Greenwich Academy family contributes toward the cost of educating their daughter. Two-parent families are expected to be employed full-time, if home and health situation permit. In most cases, it is assumed that both parents will help fund educational costs to the best of their abilities before seeking financial aid from the school. There are no full tuition grants.
  • The amount and number of financial aid grants are subject to the availability of funds. Completion of the Parents’ Financial Statement (PFS) by December 15 is a prerequisite for consideration of grant allocations.
  • Financial aid is granted for one year at a time. New application forms must be filed yearly by December 15 to allow time for SSS to process the forms by the end of January.
  • If financial circumstances change, it is assumed that parents will notify the Director of Enrollment and Financial Aid and will take responsibility for an adjusted amount of their daughter’s tuition and fees.
  • It is assumed that families who apply for financial aid will have eliminated non-essential expenses such as memberships to clubs that require annual dues or vacation homes.
PARENTS WHO ARE DIVORCED OR SEPARATED

If parents are divorced, the custodial and non-custodial parent are both required to complete a PFS. If the custodial parent has remarried, the Director of Enrollment and Financial Aid will consider the assets of the stepparent, always bearing in mind the obligations that he/she has to his/her natural children. In addition, all tax information is required from custodial and non-custodial parents.

All of the forms listed above are required in order to ascertain the ability of a parent to assume the financial obligation of tuition. No grant will be made nor contract issued until all forms are received, and it is essential that they be filed on time. Late applications may result in a significantly reduced grant.

COMPUTATION OF FINANCIAL AID

The procedure used in determining the amount of need is closely modeled on that developed by the College Scholarship Service. The Greenwich Academy Financial Aid Committee considers a family’s net worth balanced against taxes, educational expenses of other children, unusual debts and medical expenses.

If a parent chooses not to work and has children that are in school full time, the Financial Aid Committee will recalculate need using an imputed, minimum income for the non-working parent.