Please review all five of these tuition assistance options to help you finance your child's education:
- Financial Aid (Need-based)
- EA Merit-based Scholarship for Freshmen
- Scholarships for Students in Grade 7 and older (Jack Kent Cooke Foundation)
- A Better Chance
- Other Tuition Assistance Options
Download these helpful forms BEFORE applying online for financial aid:
- How to Apply for Financial Aid (1 pg)
- PFS Worksheet (4 pgs) (Save time online by using this worksheet to fill in your data BEFORE entering it online!)
- How to Upload Your 2011 Tax Form(s) (1 pg)
1. Financial Aid
(Apply online between November 1 and January 15)
NOTE: You may still apply online for aid after January 15, but funds will be subject to availability.
NAIS/SSS Help Line: (800) 344-8328
Elgin Academy's School Code: 2962
Each year the Board of Trustees approves a financial assistance program to offer need-based grants to students who could not otherwise afford to attend Elgin Academy. We are committed to making an Elgin Academy education accessible to accepted students regardless of financial means. Financial aid is awarded to students at all grade levels (except Preschool and Pre-kindergarten) and is decided on the basis of need and availability of funds. Each year, Elgin Academy awards more than $1.4 million dollars in need-based scholarships. Approximately 30 percent of students who attend the Academy currently receive some level of financial aid.
In making financial aid grant awards, the Academy is guided by an analysis of the Parents' Financial Statement (PFS) from the School and Student Service.
Aid awards are renewed each year of the student's enrollment based upon the most recent PFS analysis (which must be resubmitted each year), good academic standing, and continuing demonstrated need.
2. EA Merit-based Scholarships for Freshmen
Offered for the first time in 2006-2007, each academic year the Academy recognizes approximately ten outstanding rising freshmen with an annual $1,000 Elgin Academy Merit Scholarship. This award is based solely on academic achievement and determined through a combination of GPA and standardized test scores. Recipients are notified by mail.
The Elgin Academy Merit Scholarship is applied over and above any need-based financial aid for which a student is eligible. In order to qualify students must meet the following criteria:
- Must be enrolled in 8th grade (Current EA 8th graders and new students accepted for 9th Grade admission into EA are eligible.)
- Have a cumulative GPA of 3.5 or above (or in cases where GPA’s are not assigned, the Admission Office will make an assessment of academic records)
- Have a score in the top 5% nationally on the either the quantitative reasoning or verbal reasoning section of the ERB test (both scores must be in the top 25% nationally)
- Must maintain a cumulative 3.5 GPA to renew the scholarship after sophomore year
3. Scholarships (Grade 7 and Older)
4. Other Tuition Assistance Options
Additional information on Tuition Assistance Options and Tuition Loan Programs is available on the National Association of Independent Schools (NAIS) website or by following these direct links: