Tuition
High quality private Jewish education is an investment for a lifetime. While the cost of good education can be high, KSA is committed to a policy of fairness so that no family should hesitate to apply to KSA because of the cost of tuition.
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For the 2013/2014 school year KSA Tuition is:
In addition: each Middle School grade has an annual trip. For planning purposes only, estimated fees are as follows: 6th grade trip to Teva, $520.00, 7th grade trip $700.00, 8th grade trip to Israel, $3,100.00. These costs are above and beyond tuition.
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Click the FACTS logo to set up your payment plan.
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Financial Aid
Since 1989, KSA has dedicated itself to educating its students to become knowledgeable, skilled, self-confident young adults committed to the betterment of the Jewish, American and global communities.
KSA seeks students from diverse geographic, cultural, and economic backgrounds. Our parent body is well aware of the value and long term benefit of a KSA education, a dedicated faculty and a strong sense of community. With this mission in mind, Kehillah Schechter Academy is dedicated to providing an affordable education and, to every extent possible, not allow financial need to become a barrier to entry.
Admission to KSA is need-blind. Financial circumstances have no effect on admission.
Financial aid is calculated on demonstrated need and is strictly confidential.
KSA limits its financial aid awards to 50% of tuition.
KSA seeks students from diverse geographic, cultural, and economic backgrounds. Our parent body is well aware of the value and long term benefit of a KSA education, a dedicated faculty and a strong sense of community. With this mission in mind, Kehillah Schechter Academy is dedicated to providing an affordable education and, to every extent possible, not allow financial need to become a barrier to entry.
Admission to KSA is need-blind. Financial circumstances have no effect on admission.
Financial aid is calculated on demonstrated need and is strictly confidential.
KSA limits its financial aid awards to 50% of tuition.
The Financial Aid Process
- Complete before March 1, 2013 the FAST Grant & Aid Application form on-line, including reporting your 2011 federal income tax information. The FAST charge for the application is $38.00, to be paid by credit card at the end of the application session.
- Mail by March 1, 2013 your 2011 federal tax returns with 2011 W-2’s and all supporting schedules, as well as an updated
FAST Processing, ISM
1316 North Union Street
Wilmington, DE 19806-2594
Important: Including your school’s name (Kehillah Schechter Academy)
on the outside of the envelope will ensure faster processing.
1316 North Union Street
Wilmington, DE 19806-2594
Important: Including your school’s name (Kehillah Schechter Academy)
on the outside of the envelope will ensure faster processing.
- FAST analyzes each family’s information and makes a need assessment. Applications that FAST determines show a clear need for financial aid are processed for an award. Those applications that FAST determines a $0 need assessment are not considered for an award.
- Applicants will be notified of their aid award amount and associated terms and conditions via Financial Aid Addendums which will be issued by March 22, 2013 for completed applications submitted by March 1, 2013.
- Failure to file the complete financial aid application and supporting documents will delay review of your request, potentially resulting in awards being reduced or not granted.
- The Financial Aid Addendum must be signed by all parents and/or guardians and returned to the Business Office prior to the aid amount being applied to the family’s account. Addendum letters must be returned within two weeks from the date of the letter, or a forfeiture of the award may result.
- Families must enroll in the FACTS Tuition Management payment plan by April 5, 2013, committing to monthly installments via FACTS. Those payments begin in May 2013 and end in April 2014. See the Tuition Payment Plan section for details.
- The process will be considered complete upon receipt of the signed Financial Aid Addendum and Enrollment Contract in the Business Office and the parents’ enrollment in FACTS.
Financial Aid FAQ's
How is financial aid determined?
Financial aid awards are determined based on need. The application process is facilitated by Independent School Management’s (ISM) Financial Aid for School Tuition (FAST) program, a third-party company independent of the school. To determine a family’s eligibility, FAST analyzes the family’s income and expenses to determine discretionary income.
Must both parents be employed to receive financial aid?
In general, yes. However, we realize that specific cases may make it difficult for both parents to work outside the home. Explaining such circumstances on your application is important.
To be fair and equitable, the analysis process factors in $15,000 of income when one parent/guardian makes a decision not to work and is not contributing to the child’s education.
In addition, the process adjusts for expenditures for “discretionary costs” such as retirement plan contributions in excess of 5%, new and necessary vehicles, vacations and summer camp programs.
What about financial aid if I am separated, divorced, or never married?
In the case of separated or divorced parents, or parents that have never been married, FAST and the Financial Aid Committee requires the income and assets of both parents be reported before a decision can be made. This information is collected to determine the ability, not the willingness, of all parties to financially support the education of their children.
KSA does not act as an intermediary between parents and asks that all parties involved communicate directly with each other regarding the education of their children.
We believe that both parents hold an ethical obligation to contribute to their children's educational expenses, whether or not they have a legal obligation to do so. Therefore, we consider the assets and earnings potential of both natural and adoptive parents, when making any financial aid award. As a result, financial aid applications and all supporting documents are required from both parents every year.
In addition:
Does financial aid cover other school expenses?
No, financial aid applies to the cost of tuition alone. Expenses such as school supplies, after school programs, class trips, bus fees, and extracurricular activities are outside of financial aid. As a convenience, any or all fees may be added to your FACTS Tuition Plan at no additional fee. Please email Sandy Spector (sspector@ksa-ne.org) to add your balance(s) to FACTS.
Will it be taken into account if I have other children applying to or attending tuition-charging institutions?
Yes, the school considers tuition commitments with other institutions through the undergraduate level. In addition, the school assumes a family applying for aid from KSA will also apply for financial aid from all other tuition charging schools, camps and membership based institutions (i.e. synagogues).
Must I look for additional sources of tuition support?
Yes, in fact the application requires that families contact and report their efforts to secure support from other sources, including relatives, employers, synagogues, or foundations.
Must the aid process be repeated each year and what if my financial situation changes?
Past awards are not an indication of what you can expect the following year. These are one-year awards; families must reapply annually. Families must also inform the school of changes to their situation and awards are subject to change based on improved or diminished financial position.
Should I complete multiple applications if I have more than one child applying for financial aid?
No, only one financial aid application is required per family.
Financial aid awards are determined based on need. The application process is facilitated by Independent School Management’s (ISM) Financial Aid for School Tuition (FAST) program, a third-party company independent of the school. To determine a family’s eligibility, FAST analyzes the family’s income and expenses to determine discretionary income.
Must both parents be employed to receive financial aid?
In general, yes. However, we realize that specific cases may make it difficult for both parents to work outside the home. Explaining such circumstances on your application is important.
To be fair and equitable, the analysis process factors in $15,000 of income when one parent/guardian makes a decision not to work and is not contributing to the child’s education.
In addition, the process adjusts for expenditures for “discretionary costs” such as retirement plan contributions in excess of 5%, new and necessary vehicles, vacations and summer camp programs.
What about financial aid if I am separated, divorced, or never married?
In the case of separated or divorced parents, or parents that have never been married, FAST and the Financial Aid Committee requires the income and assets of both parents be reported before a decision can be made. This information is collected to determine the ability, not the willingness, of all parties to financially support the education of their children.
KSA does not act as an intermediary between parents and asks that all parties involved communicate directly with each other regarding the education of their children.
We believe that both parents hold an ethical obligation to contribute to their children's educational expenses, whether or not they have a legal obligation to do so. Therefore, we consider the assets and earnings potential of both natural and adoptive parents, when making any financial aid award. As a result, financial aid applications and all supporting documents are required from both parents every year.
In addition:
- KSA will not be bound by any divorce agreement specifying a parents' responsibility for educational expenses since we were not a party to the agreement. Likewise, KSA cannot be bound by the assertion that one parent has disclaimed responsibility for the student.
- If either parent has remarried, the needs analysis considers the assets and earnings potential of the step-parent as well, keeping in mind the step-parent's responsibility to his or her own children.
- KSA considers the obligations of the parents to their new family situations in determining the award, but will not become involved in allocating the award on a proportional basis to the families involved. The School maintains one tuition account per child, not per parent.
Does financial aid cover other school expenses?
No, financial aid applies to the cost of tuition alone. Expenses such as school supplies, after school programs, class trips, bus fees, and extracurricular activities are outside of financial aid. As a convenience, any or all fees may be added to your FACTS Tuition Plan at no additional fee. Please email Sandy Spector (sspector@ksa-ne.org) to add your balance(s) to FACTS.
Will it be taken into account if I have other children applying to or attending tuition-charging institutions?
Yes, the school considers tuition commitments with other institutions through the undergraduate level. In addition, the school assumes a family applying for aid from KSA will also apply for financial aid from all other tuition charging schools, camps and membership based institutions (i.e. synagogues).
Must I look for additional sources of tuition support?
Yes, in fact the application requires that families contact and report their efforts to secure support from other sources, including relatives, employers, synagogues, or foundations.
Must the aid process be repeated each year and what if my financial situation changes?
Past awards are not an indication of what you can expect the following year. These are one-year awards; families must reapply annually. Families must also inform the school of changes to their situation and awards are subject to change based on improved or diminished financial position.
Should I complete multiple applications if I have more than one child applying for financial aid?
No, only one financial aid application is required per family.
The Tuition Refund Plan by Dewar
KSA provides the ability to purchase tuition refund insurance through third party provider Dewar. This tuition insurance plan covers withdrawal for absence for medical reasons, withdrawal for other than medical reasons or dismissal from the school. The Tuition Refund Plan is optional, but allows your family to make the financial commitment for the coming year with confidence.
The Tuition Refund Plan costs 2% of your net tuition (full tuition less financial aid). Please see Dewar’s Tuition Refund Plan Brochure for further details.
Questions about this optional plan should be directed to Sandy Spector, Business Manager.
The Tuition Refund Plan costs 2% of your net tuition (full tuition less financial aid). Please see Dewar’s Tuition Refund Plan Brochure for further details.
Questions about this optional plan should be directed to Sandy Spector, Business Manager.
CJP Discover Day School
Click above for more information.
Your family may be eligible for up to $18,000 towards day school tuition covering 25% (up to $6,000/year) toward your child’s day school tuition in Greater Boston.
- For K-8th grade students entering day school for the first time in Fall 2013
- Must be first child in the family to attend a Jewish day school
- Applicable toward 2013-2014 tuition and subsequent two grades in a K-8 day school of your choice
- Targeted to “middle tier” income families
