Financial Aid


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Financial Aid Mission Statement

Bethany School believes in supporting the realization of our institutional mission through the development and implementation of a comprehensive financial aid program. We strive to maintain a student community which is representative of the cultural, ethnic, and socioeconomic diversity of the real world, while providing a program of academic excellence with students of strong academic potential and good character. Financial aid will be considered for mission appropriate families who demonstrate a need for tuition assistance.

 

Policy

While the availability of school resources, the number of qualified applicants, and overall budgetary constraints influence tuition assistance decisions, Bethany School is committed to making grants available to qualified applicants to the best of our ability. In an effort to make the process fair to all, the following policies are considered when making award decisions:

 

  • Current students must not be in arrears for any obligations to Bethany School.
  • New students must have on file an Application for Admission to Bethany School and have been offered a contract for the upcoming school year to be considered for aid.
  • No applications will be considered by Bethany School until all tax forms and information have been received and processed through our provider.
  • Both parents are expected to contribute to tuition. If a parent chooses not to work, an annual income will be imputed for the non-working parent.
  • In the case of divorce or separation, Bethany School requires both parents to file an application for tuition assistance. Bethany School is not bound by any divorce agreement specifying a parent’s responsibility for educational expenses.
  • In cases where other family members, e.g. stepparents or grandparents, live in the primary household, an adjustment will be made in the allowable living expenses, such as housing, utilities, etc.
  • Bethany School firmly believes that the primary responsibility for financing a student’s education rests with the family and that it is not the school’s responsibility to support a family’s lifestyle choices. Secondary home ownership, club memberships, expensive car leases/purchases, camps, and expensive vacations are considered elective expenses.

 

Process

Bethany School uses FACTS, an organization that analyzes a family’s finances, to assist in making tuition assistance decisions.  All families applying for need-based financial assistance must complete the FACTS application and submit the necessary supporting documentation for consideration of their application to be given.

Applicants can apply online by clicking the FACTS link at the bottom of this page.  Once the online application has been completed, the following information will need to be sent to FACTS to complete the application process:

  • Copies of your most recent Federal tax forms including all supporting tax schedules
  • Copies of your most recent W-2 forms for both you and your spouse
  • Copies of supporting documentation for Social Security Income, Welfare, Child Support, Food Stamps, Workers’ Compensation, and TANF

All supporting documentation can be uploaded in pdf format online.

Documentation can also be faxed to 866-315-9264 or mailed to the address below.  Please be sure to include the applicant ID on all faxed or mailed correspondence.

FACTS Grant & Aid Assessment

P.O. Box 82524

Lincoln, NE 68501-2524

A $30 application fee is payable to FACTS in order for the application to be processed.  Please note that many of the Greater Cincinnati area schools also use FACTS.  Families can file a single application for multiple children in different schools and will incur just one application fee.

Financial aid applications are accepted and considered throughout the school year.  However, it should be noted that to be considered in the initial allocation of financial assistance, the online application must be completed and your tax forms submitted by March 15.  Whereas you may apply for assistance beyond that date, the tuition assistance budget may be exhausted after the first allocation of awards.  It is possible that additional funds will be available beyond that date; however, awards will be considered only as long as funds exist.

If you would like additional information about Bethany School’s financial aid program, please contact Jenny Meiners, School Business Officer, at (513)771-7462 ext. 111 or Cheryl Pez, Head of School, at (513)771-7462 ext. 103.

If you have questions about the FACTS form or submitting your tax information, please call the FACTS parent helpline at (800)609-8056.

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