Grace Christian School

Financial Assistance Information

Grace desires Christian education to be affordable for all. We understand this is not always possible, and you may find you need financial assistance.

Applying for financial assistance is a two step process. First, to determine if you are eligible for aid, complete the “Financial Aid Qualification Worksheet.” (below) If you meet the appropriate guidelines, email Cynthia Hatter for a full financial assistance packet. Packets are also available in the school offices and the Admissions Office.

The application will require the following paperwork.

1. Cover letter

2. Financial aid qualification worksheet

3. Student financial aid request form

4. Tax return for most recent year

5. Letter (if you have special considerations you would like the Financial Aid Committee to consider, i.e., medical issues, etc.).

6. Copy of Signed Tuition Agreement

Each request for assistance is carefully considered and any award is based on the applicant’s need relative to the income/hardship circumstances of other families requesting assistance from a limited financial aid fund. Accordingly, some families may not receive an award in the amount they requested. Applicants are invited to apply for reconsideration by submitting an explanation of any hardship factors that were not included in their original application.

If you have any questions, please contact the Grace Christian School secondary office at 868-1203.

The Financial Aid Committee

Grace Christian School

Financial Assistance Qualification Worksheet

Should I Apply for Financial Assistance at Grace Christian School?

This worksheet only answers IF you should apply for scholarship. It does not calculate the amount of Financial Assistance you might be eligible to receive or guarantee any actual award.

Please complete the worksheet below.

School Year for Requested Financial Aid: __

Family Name:

Date of Application for Financial Aid:

Enter your family’s annual expected Adjusted Gross Income

            (Line 37, of Form 1040, for each parent, if applicable)          1.

20% of Line #1 (Tithe & Tax Allowance)                                          2.   _

Minimum Living Deduction                                                              3.    _$30,000_

Number of dependents* multiplied by $6,000                                    4.    ___

* Dependents: all children and adults who would be

classified by the IRS as dependents

Subtract Sum of Lines #2 thru #4 from Line #1                                5.

Below, enter annual Grace Christian School tuition to be paid for the year:

Multiply # of ½ Kindergarten Students by $3,500                            6.   _

Multiply # of Full Day K Students by $5,900                                    7.   _

Multiply # of Elementary Students by $6,900                                   8.   _

Multiply # of JH/HS Students by $7,500                                          9.   _

Multiply # of students by Reg Fee of $350                                       10.  _

Subtract Lines #6 thru #10 from Line #5                                         11. _____

IF Line #11 is less than zero (0), you should apply for financial assistance. Please request a Financial Aid Application from the Admissions Office at either school office and attach this Worksheet to your Financial Aid Application.

IF Line #11 is greater than or equal to zero (0), you should only apply for financial assistance if you believe your family is experiencing extenuating circumstances. In this case, please include a one-page letter with your Financial Aid Application explaining your situation.