Financial Aid
Fairmont is able to offer a limited amount of tuition assistance to Fairmont families in grades JK-12 each year. Fairmont’s tuition assistance program is based solely on need. Admissions decisions are made independently of eligibility for tuition assistance. A student must apply for admission, be accepted and enrolled with a deposit in order to be considered for assistance.
Fairmont uses the online application services of Financial Aid for School Tuition (FAST). The FAST program is flexible in terms of the information it will accommodate, thus allowing families to represent their own particular circumstances more accurately. It is our expectation that your child’s Fairmont education be among your highest priorities when it comes to your family’s discretionary expenses. In determining a family’s eligibility factors such as family size, parents’ ages, extraordinary expenses and retirement provisions are considered. Distinctions are made between obligatory expenses and those made by choice. In situations of divorce or separation, your child’s non-custodial parent must also complete the on-line process. In the case of an absentee parent or one who has no obligation to your child’s education, we require further written explanation.
Fairmont requires that all applicants, new and re-enrolling, complete the FAST application and submit current supporting documentation each year. Documentation such at current tax returns, business tax returns and w-2’s are required annually. As Fairmont has a limited amount of tuition assistance funds available we cannot guarantee that 100% of your need will be met or for returning students meeting an increased need should a family’s financial situation changes though Fairmont will make every effort to accommodate all families that are deemed eligible.
Q. What are the Financial Aid deadlines?
A. Returning Families: November 1-January 2 / New Families: April 1-May 15
Q. Who can apply for financial aid?
A. Any student currently enrolled or new applicants for admission to Fairmont Private Schools for junior kindergarten through 12th grade can apply for financial aid. Generally, aid will only be awarded for newly accepted students and current students enrolled for the following school year and whose tuition account is current.
Q. Does applying for financial aid affect school admission decisions?
A. No. The committee that reviews candidates for admissions is “need blind.” It does not consider whether or not someone has applied for financial aid as part of its decision.
Q. Can I complete the application in paper format instead of online?
A. All applications must be submitted via the FAST (an online service) link on our website. If you
Q. How are financial aid awards determined?
A. Fairmont relies on the assistance of FAST in calculating the level of demonstrated need of each applicant based upon a completed application. These calculations consider gross income, non-taxable income, assets, liabilities, family size, and situations in which the income levels do not support the spending levels, among other items. Included in this calculation is an allowance for basic living expenses and taxes. The Fairmont Financial Aid Committee reviews this data and will adjust the amounts based upon additional knowledge about your unique situation.
