Each grant is considered individually. Only after financial need has been established through Tuition Aid Data Service (TADS) can the amount of aid offered be determined. The average Financial Aid grant for the 2019-2020 school year was $19,850.
To begin your financial aid application for the upcoming school year, please visit the Online Filing and Application Instructions and follow the steps. You only need to complete one application, even if you are applying more than one child.
Each year, new applications must be filed with TADS, as well as the uploading of supporting documents. Changes in your financial status may affect the receipt of aid. Your student’s account must be kept current, and the student must maintain acceptable standards of academic performance and citizenship, as determined by the division principal and/or Head of School to be considered for renewal. Students who receive financial aid are expected to contribute in positive ways to the daily school community.
Anyone can apply for Financial Aid, but only students who have been accepted to Lovett and have completed the Financial Aid application process can be considered.
Lovett uses Tuition Aid Data Service (TADS) to process financial aid applications. TADS utilizes the financial information you provide to determine an estimated amount your family can contribute to educational expenses. This estimate is a starting point to help us make fair and objective financial aid decisions. Demonstrated need is defined as the difference between the tuition cost and the recommended amount that a family is able to contribute toward the student’s education after considering such factors as net income, assets, number of dependents, number of students attending tuition-charging institutions, and any unusual expenses such as medical costs or educational debt.
Lovett expects both the custodial and non-custodial parents to participate in the support of their child at Lovett. It is up to all parties involved to communicate and participate in good faith with this responsibility. The School will likely request the non-custodial parent provide supporting financial documentation. If a child is living with a parent and step-parent, Lovett will consider the step-parent’s income.
To be eligible for consideration for financial aid, you must complete and submit ALL required documents by March 1. The Financial Aid Committee will communicate financial aid decisions in March/April. Current Lovett families seeking priority consideration for financial aid must complete the online TADS application by December 30.
The Lovett School may assess and define an income level for non-income producing parents on a case-by-case basis. This amount will be factored into the Financial Aid consideration.
Each financial aid recipient is expected to maintain appropriate academic standards, to behave in a responsible and honorable manner, and to play a positive role in the daily life of the school community. Failure to maintain grades acceptable to the administration may disqualify a student for future financial aid awards. The parent’s fulfillment of financial aid and other obligations to the School will also be considered in renewing financial aid. Summer programs do not qualify for financial aid.
An education from The Lovett School is an investment in your student's future. We realize, however, that education costs are a significant financial commitment and may be a challenge for families. Please review the Financing and Payment Options for more information.
