Admissions » Tuition & Financial Aid

Tuition & Financial Aid

Tuition

There will be no tuition increase for the 2021-2022 academic year. We are grateful to our Board of Trustees who believes this to be an appropriate step during this time of economic challenge.

The tuition for each student for the 2021-2022 school year is:

  • K – 4th Grade: $38,000
  • 5th Grade – 9th Grade: $43,000

Tuition includes all activity fees, textbooks, and materials. We welcome applications for the 2021-22 school year. Need-based financial aid is available for families.

Stratford Friends School has three payment plans to choose from:

  • Single Payment
  • Two Payments (50% and 50%)
  • Ten Equal Monthly Payments (processing fee of $150.00 applies)

Financial Aid

Stratford Friends School provides need-based financial aid to qualified students. In the administration of its financial aid program, Stratford Friends School does not discriminate based on race, national, or ethnic origin.

Financial aid is funded through a combination of resources, including annual giving, endowment income, and general operating income. Therefore, limited financial aid funds are available each year resulting in the top award being only 50% of the total tuition.

Financial aid is applied appropriately to the periodic tuition payments, but aid can be withdrawn if a family is not current in all payments to the school. Financial aid is awarded to all returning students before awards are made to new students.

All financial aid awards are made by the Financial Aid Committee. The committee consists of the Head of School, the Director of Finance & Operations and the Director of Enrollment Management.

Apply for Financial Aid

Once the admissions process is complete, parents/guardians may apply for financial aid by obtaining a Financial Aid Packet from the Admissions Office and submitting their application via FAST (see below). The Financial Aid Committee reviews all applications and allocates grants. All aid decisions are based on financial need. If the aid grant is considered insufficient for the student to attend the school by the family, and all deadlines have been met, the registration deposit will be refunded.

The Application Process

The Financial Aid for School Tuition (FAST) program provides a need-based financial aid analysis service that includes an income verification process. All information from FAST stays confidential and is

reviewed by the school. You must apply for financial aid each year, using the online FAST application. After applying, you will mail tax documents to FAST for income verification purposes.

On the application, please use your name as it appears on your tax return. The online application process is self-guided. You can partially complete an application and go back to it another time if you do not want to complete the application in one sitting. Please click the link below to start or resume your FAST application:

If you have any questions about the application process, please call the FAST Call Center at 1-877-326-FAST (3278), open 24/7.

The non-refundable application fee is $43, payable by Visa, MasterCard, or American Express. The application fee will be billed to your credit card under the name of “Independent School Management (ISM),” the company which provides the FAST application service.

If you are applying to other schools that use FAST for financial aid, the second application will cost $10. You will receive a PIN and personalized link to the second application by e-mail. You must use the PIN and link in the e-mail to apply to each additional school at a reduced rate of $10. Please contact the FAST Call Center at 877-326-FAST (3278) if you need any help in applying to multiple schools.

FAST Processing
1316 N. Union St.
Wilmington, DE 19806

Additional Sources of Financial Aid

 

Children’s Scholarship Fund Philadelphia (CSFP) provides four-year, K-8th grade scholarships to children from low-income Philadelphia families to attend private or parochial schools.  Scholarships typically range between 25% and 75% of school tuition.

Scholarships are all need-based and issued by random lottery. Once a family is selected from the lottery, up to three eligible children may receive scholarships.

Important dates to note:

  • The CSFP application opens in mid-September. 
  • The application remains open until March 1 of the following year. 
  • CSFP conducts a priority lottery in December. Any applications not selected in this first lottery will automatically be entered into a second lottery in March. To increase your chances of being selected, apply before the November 15 priority deadline for consideration in both lotteries.
  • CSFP conducts a final lottery in early March, and winners are notified later that month. 
  • Winners in both lotteries will be notified via email with the next steps for registration.