The Francis W. Parker School has offered a Financial Aid program to its families since its inception in 1901. Financial Aid is an inherent part of the school's philosophy, a way to maintain the economic, ethnic and social diversity of the student body. Aid is offered without regard to race, color, religion or ethnic origin. Applying for financial aid does not influence the decision to admit a child to the school.
Admission is based solely on academic merit and the child's personal qualities.
The school reserves no money from the government or other public funding agencies. Our financial aid budget, therefore, is possible only because of the generosity of our parents, alumni and friends who believe in fairness for all. The amount of tuition that a family should be expected to pay is based on the financial need of the family. Financial need is defined as the difference between the family's resources and its total educational expenses. The major factors affecting financial need include the family's net income and assets, the number of dependents and the number of children attending tuition charging schools and colleges.