Financial Aid Need-based Financial Aid Program

The Rashi School is committed to making a Rashi eduction accessible to families. We offer a traditional need-based financial aid program through School and Student Services (SSS) to all current and prospective students.

Financial Aid awards are grants and do not need to be paid back.

An objective, third-party review.

To assist in making objective decisions about financial aid, Rashi partners with the financial aid management service School and Student Services (SSS) provided by the National Association of Independent Schools (NAIS).

Financial Aid is Need-Based

Financial Aid awards are determined on the basis of demonstrated financial need and capacity to pay assessed tuition.

A family's financial capacity is determined by looking at many factors, including but not limited to:

  • incomes of both parents (earned and unearned, taxable and non-taxable).
  • assets held by the family.
  • number of dependents.
  • number of children attending tuition-charging schools.
  • age of both parents.

The Expected Family Contribution

Using its financial aid methodology, SSS analyzes information provided by the parents in the online Parents' Financial Statement (PFS) to estimate the amount a family can contribute to school expenses. This number is called the Expected Family Contribution (EFC).

A traditional financial aid award decision is the result of subtracting your EFC from the cost of tuition.

When granting Financial Aid awards, the school considers...

  • impact on enrollment,
  • balance and diversity of the classes,
  • and financial sustainability of the school.

The financial aid process is separate from the admissions process and only the financial aid applications of admitted students are reviewed.

Questions? We're here to help.

Fill out our contact form to schedule a confidential conversation about Traditional Financial Aid.


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