New Roads School was founded on the fundamental principle of inclusion. We actively seek a mosaic of authentic diversity in our community — diversity of talents, interests, achievements, races, cultures, and economic and ethnic backgrounds — and our generous financial aid program affirms our commitment to investing in this foundational element of our transformational educational model.
Every year, New Roads School devotes between 30% and 40% of its tuition budget to need-based financial aid. This enables us to provide financial aid to more than 45% of our New Roads families. Because we believe education is a partnership among parents, students, and faculty, every family makes some financial contribution, consistent with their means, to their child’s tuition.
New Roads' financial aid program follows several guidelines:
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The decision to offer admission to a student is made prior to, and independent of, decisions to grant financial aid.
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All financial aid applications are confidential.
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Financial aid funds, while generous, are nonetheless limited; demonstrating need does not guarantee support.
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Financial aid is reviewed annually. All returning New Roads families must reapply for financial aid for each new school year. If financial need continues, and if student performance is satisfactory, aid is generally continued. However, as costs and tuition increase, families can expect increases in their tuition obligations.
Factors considered in determining financial aid include:
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Economic need of the requesting family.
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Socioeconomic diversity of our student body.
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Other children in elementary or secondary private school. Since loans are readily available for college and university study, New Roads does not consider the expense of college education for other family members in making financial aid decisions.
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Savings – including those a family may designate as “college savings”.
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Expenses for “lifestyle” choices such as vehicles, homes, vacations, club memberships, etc.
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Healthcare expenses.
We make every effort to be fair and consistent in all of our deliberations and decisions at New Roads School. Financial aid decisions are particularly difficult since we wish every qualified student could attend New Roads; unfortunately, this is not possible. Our Financial Aid Committee often must choose among many competing requests. In making these challenging decisions, New Roads School reserves the right to consider additional factors not specifically set forth above.
Financial Aid Application Process
Our financial aid application for the 2024-2025 school year will open on November 1, 2023. Updated financial aid information and instructions will be available on October 1, 2023. Please check back here at that time.
Financial Aid Deadline (including all required tax and income documentation) January 26, 2024.