TADS uses a formula to calculate how much a family can contribute to their child's independent school education. It takes into consideration a family's income, assets, and liabilities, as well as factors including, but not limited to, family size, living expenses, and the number of children in tuition-charging schools. As the Financial Aid Committee looks at financial aid applications, it differentiates between necessary expenses and money spent for lifestyle choices. With respect to the latter, beyond a certain point, we are unable to provide aid to offset “lifestyle” expenditures that could have been directed to education.