Financial Assistance is a decrease of tuition costs, formulated on the basis of need. Although sometimes referred to as “grant” or “scholarship,” La Jolla Country Day School (LJCDS) does not award “merit scholarships” (i.e. a monetary award based on either academic or extracurricular merit). All students who receive assistance come from families that qualify according to the School & Student Services for Financial Aid (SSS).
Anyone may apply for financial assistance. There is no income ceiling or minimum. For the 2016-2017 academic year, LJCDS awarded $4.8 million in financial assistance to 215 students. All awards were based on demonstrated need.
Financial assistance is awarded based on a family’s demonstrated need, as determined by a collaboration between the School & Student Services (SSS) for financial aid and LJCDS's Financial Assistance Committee.
Calculations are based primarily on the:
incomes of both parents
age of both parents
number of dependents
number of children in tuition-charging schools (LJCDS does not include graduate school tuition for family members in our computation)
The information from the SSS is supplemented by information gleaned from each family’s federal income tax return as well as the explanations provided on the Parent's Financial Statement by each family. We use the SSS analysis of a family’s need as a guideline but are not bound by that estimate of need. We do make every effort, subject to the availability of financial assistance resources, to provide for the demonstrated need of our students.
No. La Jolla Country Day School (LJCDS) prides itself on its need-blind admission process. That is, decisions regarding admission to the LJCDS and decisions about financial assistance are made independently by two separate committees.
Yes. Families of currently-enrolled LJCDS students must complete the financial assistance application process each year and submit the required documentation just as they did during the initial process. Given that a family's financial picture remains relatively the same from year to year, a family can expect to have a similar financial outlay tuition and related fees each year. The Financial Assistance Committee will perform a full analysis each year to determine eligibility for continued assistance.
Yes. Because financial assistance decisions are reviewed each year, families receiving assistance must submit information (the Parent Financial Statement and the 1040) every year in order to establish need for the next academic year.
Yes. Financial assistance recipients can expect to receive the same percentage of assistance towards the purchasing of books, a laptop for the mandatory Bring Your Own Programs (BYOD), mandatory school trips (i.e. the Grade 11 college trips), transportation and Learning Resource Center support.
La Jolla Country Day School’s goal is to help parents with expenses, but also to enable financial assistance recipients to participate fully in school life and feel comfortable in their environment.
La Jolla Country Day School believes that all parents have a moral and ethical obligation to contribute to the expense of educating their children, whether or not they have a legal obligation to do so. The assets and incomes of all natural and adoptive parents are required for consideration in making a financial assistance award. All parents are expected to submit a completed Parent Financial Statement and all required documents to the School & Student Services website.
If the custodial parent has not heard from the non-custodial parent for a period of time to be determined by the Financial Assistance Committee or the involvement of the non-custodial parent is not in the best interest of the student, the requirement of financial aid forms from that parent may be waived. The guiding principle is based on “lack of contact” for that period of time, which must be proved by the custodial parent. A letter of verification from a third party (i.e. minister, attorney, social worker) will be required.
If either parent has remarried, the needs analysis considers the assets and earnings potential of the stepparent in conjunction with the natural parent, keeping in mind the stepparent's responsibility to his or her own children.
Parents who are self-employed, or who own a business or farm should submit the Business/Farm Statement to SSS and include their business tax documentation with their income tax. Additionally, they may also be asked to furnish cash flow statements, balance sheets and other information relevant to the business.
Plan 1: Tuition will be due on or before July 1. Parents will be sent a statement from the Business Office the first week of June.
Plan 2: If you signed up for the 10 payment plan option, your payment plan administration will be handled through FACTS. This means that FACTS will automatically deduct your pre-authorized payments from your checking or savings account, beginning in July and ending in April, on your choice of either the 5th or the 20th of the month. The automatic deduction will be made through the automated clearinghouse (“ACH”). ACH payments are those payments you have authorized FACTS to process directly from your financial institution as a bank-to-bank transfer of funds.