Boarding Schools » Boarding School Education
» Financial Aid & Scholarships
» Types of Financial Aid
TYPES OF FINANCIAL AID
![]() Generally, there are 2 types of Financial Aid: based on students ability or based on students economic condition. Based on students ability:When you are applying for this Aid the school examines the academic, artistic, and athletic student’s potential. Some schools don’t offer this kind of help so ask first in order to apply.There are also others that consider more how the student can improve the school or factors like leadership potential, student’s achievements, diversity, etc. Below are a few major programs Based on Economic Condition:It looks at the student’s economic condition this is whether the student have the possibility to pay the fee. Although they don’t guarantee to cover the total amount there is a possibility that the school could do it.This help is for students who have demonstrated a real necessity, families making less than $120,000 a year. The amount of aid varies from $500 to the full cost in many cases. Everything depends on the amount of true information the student present. In order to apply for a Financial Aid student need to fill and send some forms:
|