Shipley uses School and Student Services (SSS) to collect basic financial information such as income, assets, family size and the number of siblings in tuition-charging schools among others. A needs analysis report is prepared by SSS that suggests the amount a family can contribute for educational costs. Since not all families’ financial circumstances are equal, the Shipley Tuition Assistance Office uses the SSS evaluation as the starting point for Shipley’s review of each applicant for tuition assistance.
In cases of divorce or separation, Shipley requires information from both natural parents and any stepparents. Each parent must complete and submit a Parents’ Financial Statement (PFS). The family’s ability to contribute is based on both natural parents’ and any stepparents’ income and assets.
Once the family’s contribution is determined, the Tuition Assistance Office will offer an aid package to meet the unmet costs of tuition. The award is conditional upon the review of your 2020 Federal tax return.
The amount you can reasonably contribute toward meeting the cost of a Shipley education is reviewed annually. Your contribution may increase, decrease, or remain the same depending on any change in your financial circumstances from year to year.