If you understand the value of an education at The Peck School yet worry about the affordability, here are a few things you should know:
Over $1 million dollars of tuition assistance is offered to families by Peck each year.
The current household income range for Peck families receiving some form of tuition assistance is $30K - $350K.
15% of Peck students currently receive tuition assistance
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Each year The Peck School designates an amount of financial aid monies to be awarded to families. Beginning in November, application information is mailed to current families receiving aid at Peck, families within the community who are requesting aid for the first time, and families who have indicated on an admissions application that they would like to receive financial aid information.
To apply for aid, families will be directed to TADS (Tuition Aid Data Services). TADS will review your financial information and suggest to us what your family's ability to pay for your child's tuition should be.
Requests for aid for prospective students are made at the time of application for admission. Prospective families should initiate their interest in applying for financial aid on their child's application. Current families interested in applying for financial aid for the first time should contact Erin K. Ceder, Director of Admissions and Financial Aid, at (973) 539-8660, ext. 117 by January 15th.
To apply for aid for the 2020-2021 academic year, you will need to complete a TADS Financial Aid Application. You may choose to first complete a TADS Financial Aid Worksheet, which is intended to prepare you to fill out the TADS Application. This worksheet will not be accepted by TADS as an application. Please see sidebar links.
In order to apply, you may do so online by clicking on the links to the right or you may contact TADS directly by calling 1-800-477-8237.
The application should be completed and submitted to TADSby January 15th. Any parent requiring assistance should call the TADS toll-free helpline at 1-800-477-8237. Hours of operation are Monday-Friday 9 a.m. to 9 p.m.
Once TADS receives your application, they will request supporting documentation.
Parents will be asked to submit a copy of their 2018 Form 1040 Federal Tax Return, complete with all schedules and W-2 forms, within 5 business days of submitting their TADS application.
With this information, TADS will conduct an estimated financial assessment. Parents will then be asked to submit this year's 2019 Form 1040 Federal Tax Return, complete with all schedules and W-2 forms, no later than February 10th. This most recent tax return will be needed to confirm a family's financial assessment.
Please Note:In situations of divorced, separated, or never married parents, both natural parents - and their current spouses, if any - must complete the financial aid process. It is the responsibility of the custodial parent to ask the non-custodial parent to complete the process. All information will be kept in the strictest confidence. The Financial Aid Committee will be unable to award a grant unless all parents complete the process.
Complete the form below by indicating what your family is able to contribute from various sources to the cost of tuition. Submit the completed form to Erin K. Ceder, Director of Admissions and Financial Aid at Peck, by faxing to (973) 539-6894 or emailing to firstname.lastname@example.org.
Complete financial aid applications of all accepted and returning students will be reviewed by the Financial Aid Committee (comprised of the Director of Financial Aid, the Head of School, and the Director of Finance) at its annual meeting in the end of February. Parents will be notified of the Committee's decision as soon as possible thereafter.
Please Note: Each application for financial aid is reviewed separately from the admissions application. Aid is granted on a needs basis and is determined by a family's ability to meet educational expenses, not a willingness or unwillingness to pay. While the admissions and financial aid processes are separate, there are times when, due to a limited financial aid budget, "need aware" admissions decisions may be made. Families who choose not to apply for financial aid when applying for admission to the school will not be considered for a financial aid award in the future unless their financial situation changes significantly. Families receiving financial aid will need to reapply for aid each year, therefore grants may be adjusted if the family's financial situation changes.
The Peck School does not discriminate on the basis of race, religion, ethnicity, sexual orientation, or family composition in the administration of its admissions policies and financial aid programs.
New Jersey SEEDS is a privately funded, statewide nonprofit organization that provides academic enrichment and leadership development for high-achieving, economically disadvantaged youth. SEEDS seeks to prepare qualified students for placement at top schools and to empower students to live lives of leadership, professional accomplishment, and service to the community. The Young Scholars Program at SEEDS is open to eligible 4th and 5th grade students. These students are involved in an intensive, 14-month, academic program that prepares them for placement into independent schools beginning in the 6th and 7th grades. Each year Peck accepts graduates of the Young Scholars program in order to replace our graduating SEEDS students. Through generous donations within the community and the help of Peck’s financial aid budget, tuition at Peck is fully funded for these students, as well as the majority of other additional expenses. To learn more about the New Jersey SEEDS program, please visit www.njseeds.org