Tuition and Financial Aid
Drew is committed to maintaining socioeconomic diversity by helping families afford Drew's college-preparatory education. Forty percent of Drew students receive some level of need-based financial support. Each family's financial situation is unique, and Drew takes care to consider every application carefully. The range of financial aid awarded to Drew families spans from less than 10% of tuition to nearly 100% which means your family could pay anywhere between $500 to $51,975 (tuition for 20-21) a year in tuition based on your need. The process of awarding financial aid is very deliberate and based on the assumption that each family who enrolls is using their own resources to the maximum possible extent.
So what do you need to know about applying? We hope this timeline helps.
Deadline #1 January 7, 2021
Step 2: Submit your Parent Financial Statement (PFS) through SSS by January 7, 2021 using school 2888. Contact SSS Parent Support at (800) 344-8328 or email email@example.com for answers to questions about completing the PFS.
Step 3: If a letter of explanation (known as a Letter of Circumstance) would help us better understand your family and/or financial situation, please upload to your SSS account.
Step 4: Upload 2019 Federal Tax Return 1040, 1040A, or 1040EZ to your SSS account.
Step 5: Upload 2019 W-2/1099 to your SSS account.
Step 6: If applicable Upload Federal Business Tax Return. Upload to your SSS account with all schedules of Forms 1065, 1120, or 1120s, as well as any K-1, as applicable.
Deadline #2 February 12, 2021
Step 1: Upload 2020 Federal Tax Return: 1040, 1040A, or 1040EZ with all documents to SSS.*
Step 2: Upload 2020 W-2/1099 to SSS.
Please note the following:
We realize that not all documents may not be ready in February. We will accept an informed estimate or draft of the 2020 tax return if necessary. Please be sure to clearly title or mark “Draft” or “Estimate.” A 2020 1040 must be submitted to be considered.
If waiting on K-1 requires you to file an extension, please upload a draft tax return clearly titled or marked “Draft” or “Estimate.”
Any other information may be noted in the “Other Considerations” field at the end of your PFS.
Financial aid decisions are made entirely independent of the admissions process.
Drew partners with NAIS' Student and School Services (SSS) to collect and analyze your financial information online. This service is widely used by independent schools and is proven to be secure and user-friendly.
To learn more and prepare for your application, visit www.sss.nais.org, or contact SSS directly at 800.344.8328.
If you have any questions about Financial Aid, please do not hesitate to contact Director of Admissions Joanna Lovett at JoannaLovett@drewschool.org or 415. 430. 3771.
Notice of financial aid awards for new students will accompany letters of acceptance and will be emailed March 19, 2021, and your response is due by March 25, 2021. Enrollment agreements and financial aid awards for returning students are emailed in February.
- How do you grant financial aid?
- What is the typical amount of financial aid?
- Do families with two households need to file two parent financial statements?
- What if I am unable to complete my taxes by the deadline?
- What if my financial circumstances change between January and march?
- Will my financial aid change next year?
- Will applying for financial aid impact the admissions decision?
- Should I mail or email my application to drew?