Affording an Independent School
The school decision you make for your child and family is very important. We hope that that decision will be made based on school fit rather than financial feasibility. Schools are committed to working with families through the financial aid process, as well as offering various payment plans and scholarship programs to meet the needs of individual families. Each family is responsible for completing necessary applications, meeting deadlines, and fulfilling eligibility requirements.
According to The California Association of Independent Schools (CAIS) the average amount of financial assistance awarded by an independent school is 12.7% of a school's budget. This number is growing as demand increases.
Most EBISA schools use School and Student Services (SSS) by NAIS to determine a family's financial need for assistance. Once a family fills out the Parent Financial Statement (PFS) online, they can choose to send their application to any participating EBISA school. SSS gives the school you are applying to an estimated amount your family can contribute to educational expenses. This Estimated Family Contribution (EFC) is used by school financial aid offices as a foundation for fair and objective financial aid decisions.
Though EBISA schools make every effort to meet a family's financial need through financial aid and payment plans, we also recognize that additional support may be needed. EBISA encourages families to seek out independent grant and scholarship programs from their local community resources. Churches, community centers, local business, and city organizations sometimes offer independent grant or scholarship programs to its members or residents.
Although each individual school has a different amount of financial aid to be awarded, scholarship programs, and process, EBISA schools follow the NAIS Principles of Good of Practice. This helps our organization remain consistent and committed to supporting all families during the financial aid process. We encourage families to contact the Office of Financial Aid at the schools they are applying to for further information.