Financial Aid

Georgetown Prep is committed to building a collaborative relationship with prospective and current families as they plan for the financial realities associated with their son's high school education. Prep does not offer academic or athletic scholarships, reserving all aid for those who have a demonstrated financial need. The decision to apply for financial aid has no bearing on the admissions process. Admissions decisions are need blind. About 28% of families qualify for and receive financial aid with an average grant of $24,500. Day student grants range from $5,000 to $35,000, with an average grant between $10,000 and $15,000 in a given year.

Please refer to the information below to guide you through the financial aid process. View additional financial aid options.

Note for separated or divorced parents: In the case of divorced or separated parents, each retains the obligation to contribute to the education of his or her son, regardless of whether a legal agreement to do so exists. In this instance, both parents must complete a required Financial Aid application either jointly or separately. Financial aid grants will be made only after considering the financial resources of both parents. In the case of separated and/or divorced parents, no information will be given by the school to either parent regarding the other parent's financial disclosures. The assets of both parents will be considered before making any award; the assertion that one parent has disclaimed responsibility for educational expenses does not apply.

Resources

Financial Aid Process

Gather important information to submit to TADS, including:

  • Social Security Numbers for each applicant
  • 2016 1040's with all relevant schedules
  • 2016 W-2's
  • 1099's and other earnings statements
  • Bank & Dividend Statements
  • Loan & Debt Statements

Many questions will refer to your 2016 Federal Tax return. If you are completing the application prior to filing your 2016 tax return, you may estimate these numbers. Be sure to indicate that the numbers are estimates where appropriate. Regardless of when you fill out the application, you will be required to submit your 2015 1040 with all relevant schedules, W-2's, 1099's, etc. to TADS, as well as 2016 forms when they become available.

Log in to TADS often to check the status of the application.

Applying for Financial Aid

Georgetown Prep employs TADS (Tuition Aid Data Services) for our financial aid application process and assessment. TADS has a great reputation for helping families throughout the aid process and application submission.

All questions and communication should be directed to TADS:

www.mytads.com (online chat option available)
support@tads.com
1-800-477-8237

Apply on time. This is the most important thing you can do to increase your chances of receiving an aid award. If you think there is any chance your family will choose Georgetown Prep, apply for financial aid at the same time you apply for admission. Please do not wait until your son is admitted to apply for financial aid. Often financial aid funds are spoken for at this point.

Know the Requirements. Families need to submit the online aid application and completed 2015 tax forms (including 1040's, W-2's, and any other documentation related to income or estimated income) to TADS by the deadlines indicated above. Furthermore, 2016 tax documentation must be submitted to TADS as soon as it is available. Forms can be uploaded, emailed or faxed to TADS. Families can access TADS at any time to check the status of their application.

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