Within the limitations of our budget and according to our own financial aid policies, the school uses the SSS recommendation in determining the financial aid to be offered. The school makes every effort to meet the financial needs of the applicants. However, because requests for aid often exceed available funds, it is important to submit an application for financial aid by January 31st. Again, financial aid plays no part in the FWP admissions process. The school accepts students solely on the basis of their academic merit and personal qualities.
Financial aid is awarded as a grant.
Grants do not require repayment. Even though there is no obligation to repay a grant, it is hoped that the recipient of the financial aid will make an effort to repay the grant, in total or in part, at some future date, thus enabling Parker to award similar aid to future students. Many of our alumni regularly contribute money to the school's Alumni Scholarship Fund. Students receiving financial aid are no different than other Parker students. Parker asks families receiving financial aid to reapply each year.