All applications are reviewed and summaries are presented to the Financial Aid Committee. The Committee makes recommendations for awards but the ultimate decision is made by the Director of Financial Aid.
Freshmen Financial Aid award letters are mailed the first week in January. Returning families will receive award letters in the spring. In the event that the financial aid award is insufficient for re-enrollment, the tuition deposit will be returned.
All final decisions regarding financial aid are made by the Prep. TADS does not receive/acquire this information.
To appeal the Financial Aid Committee’s decision (to request either an increase in the original award granted or a reconsideration in the event of a zero award), one of the following criteria should be met:
1. 2017 income has declined by at least 10% compared to 2016 income; or
2. The family recently suffered a hardship that had negative consequences for the family’s finances. (A detailed explanation is required.)
For incoming freshmen, a letter must be sent to the Director of Financial Aid by February 1st in order to be reconsidered for any additional aid. Registration must be completed, and an Enrollment Contract and deposit must be received before a letter of appeal will be considered. If the additional aid is not satisfactory, you will receive a refund of deposit.
For returning families, a letter must be sent to the Director of Financial Aid by April 30th in order to be considered for any additional aid. An Enrollment Contract and deposit must be received before a letter of appeal will be considered. If the additional aid is not satisfactory, you will receive a refund of deposit.
All appeals (FOR INCOMING FRESHMEN AND RETURNING FAMILIES) will be reviewed on a case by case basis. Families that appeal will automatically be placed on a waitlist. Families are welcome to check on the status of their appeal at any time but notification will only take place in the event of an increase or new allocation. Final Appeals will be decided by August 1, 2019.