2024–2025 Tuition Aid Snapshot
The figures below represent real data from the 2024–2025 school year and give a general sense of our tuition aid program and what families contribute toward tuition.
While our tuition aid program is based on family need, no two situations are alike. We take many factors into account — like income, family size, number of children enrolled in tuition-charging schools, and overall financial responsibilities. We’re here to work with you, not fit you into a formula.
% of students receiving aid | Over 45% |
Average aid award (in dollars) | $12,839 |
Average aid award (as % of tuition) | 64% |
Tuition paid by families (range) | $2,100 – $21,180 |
Aid type | 100% need-based |
Annual aid budget | $850,000 |
FSMN Tuition Aid Distribution By Income Bracket

How to Apply for 2025-2026
Step 1: Complete the Tuition Aid Application
We use School and Student Services (SSS) to process financial aid applications. Based on the financial information you provide, SSS gives us an estimated amount your family can contribute to educational expenses. This estimate helps us make fair and objective financial aid decisions.
Starting November 1, 2024, please go to the SSS website. Click on the blue button “Login to complete or update your PFS” to access your Parent Financial Statement (PFS).
Step 2: Upload Required Documents
To help us understand your family’s financial picture, we’ll ask for a few documents as part of the tuition aid application. These help ensure awards are thoughtful, fair, and based on real needs.
You’ll be asked to upload:
- Your two most recent federal tax returns (1040)
- Any W-2s or 1099s from employers
- FSMN’s short Intent to Apply for Tuition Aid form
You can upload these documents directly to your application through the SSS portal. If anything’s missing or unclear, we’ll reach out — we’re here to help you through the process.
Step 3: FSMN Reviews Applications
Once your application and documents are submitted, our Tuition Aid Committee thoughtfully reviews each case. We look at your family’s full financial picture — not just the numbers — to ensure decisions are fair, consistent, and aligned with our school’s values and resources.
Step 4: Tuition Aid Decisions Communicated
For new applicant families, tuition aid decisions are shared on April 1, right alongside your enrollment offer.
We know this information is a key part of your family’s decision-making process. If you have any questions when your award arrives, we’re here to help you understand the details and next steps.
Helpful resources:
- Read our Tuition Aid FAQ
- A handy step-by-step flyer: How to Apply for Financial Aid
- A more detailed guide: SSS Family Guide to Financial Aid