Financial Aid

List of 3 items.

• Assessing Need

  To help us objectively assess what a family is able to contribute to its student(s) education expenses, we use School and Student Services (SSS By NAIS) as a trusted third party. The SSS analysis of a family's "Estimated Family Contribution (EFC)" is a critical component of our financial aid decision. However, it is just a start.

• Making Decisions

  To make our final financial aid award decisions, we use the SSS figures as the baseline for our own additional review, taking into consideration our total financial aid budget, other information we may have collected, our school’s policies and priorities, and the needs of our entire applicant pool. Due to circumstances like these, and others, our school may ask your family to contribute more or less to tuition than what is estimated on the SSS Family Report.
  
  

  In the case of financial assistance, the matter of divorce or separation of parents is a difficult one. The school will consider the assets of both natural parents, if living, before making any award, and cannot be bound by the assertion that one parent has disclaimed responsibility for educational expenses. It is not within the school’s policy to fund one parents’ unwillingness to pay, if able. If either parent has remarried, we will consider also the assets of the stepparent, always bearing in mind the obligation of that stepparent to his or her own natural children. It is necessary that both the natural parents and their current spouses, if any, fill out the appropriate PFS form. It is the responsibility of the custodial parent to ask the non-custodial parent to fill out this form, which you should request from the admissions office. If it is not possible for the non-custodial parent to fill out the form, please write us a letter explaining these circumstances.
  
  

  It is Severn’s expectation that families rely first on their own resources before expecting the school to help them with financial aid. Once the youngest child in the household is of school age, the financial aid committee will include a “minimum other-parent income” that will be considered in calculating need for that particular family.

• Applying for Aid

  We partner with School and Student Services (SSS) by NAIS in our financial aid process. To begin your financial aid application, you will complete SSS’s Parents’ Financial Statement (PFS).
  
  

  Please CLICK HERE to download comprehensive information on how to complete the PFS online and how to submit additional required documents.
  
  

  Forms must be submitted to Student Service for Financial Aid no later than January 19, 2019.
  
  

  In order for a student to be considered for aid, it is essential that parents adhere to the instructions and deadlines. A request that is filed late will not receive priority and, even though the family may qualify for aid, it may not be available.
  
  

  Each award is made for one year only, based on the availability of school funds and on an annual case-by-case evaluation. If a family's circumstances do not change significantly, Severn makes every effort to continue assistance at an appropriate level.
  
  

  If you have questions about financial aid please contact Molly Green, Director of Enrollment and Outreach, at m.green@severnschool.com or 410-647-7701 x2265.