Financial Aid FAQs

FAQs

List of 7 frequently asked questions.

  • How is a family’s financial contribution determined?

    The Financial Aid Committee uses the SSS methodology to determine what a family might reasonably be expected to contribute toward educational expenses. This formula considers income, assets, and expenses of both the students and the parents. The total amount available from a family for education costs is divided among all children attending tuition-charging schools. This includes day care costs, other independent school tuitions, as well as college and university tuitions. It excludes graduate school tuition for dependents.
  • Will applying for financial aid affect my child’s chances for admission?

    The aim of The Thacher School is to accept students on their own qualifications without regard to their family’s financial resources. Accordingly, financial considerations shouldn’t deter anyone from applying for admission to the School, and are in fact an important step when considering how to make boarding school work for your family.
  • What if I’m separated, divorced, or never married?

    The Financial Aid Committee considers the financial resources of both parents and any stepparents. Both the custodial and non-custodial parents are required to complete financial aid applications. If the non-custodial parent has no involvement in the child’s life, a letter from a third party is required to waive this requirement.
  • Can international students apply for financial aid?

    Families applying from outside the U.S. should be aware that Thacher does not offer financial aid to international students.
  • What if we don't need aid this year, but think we might in the future?

    Families who enroll at Thacher paying full tuition are expected to continue doing so throughout their child’s time at the School. Barring a significant change in financial circumstances, families should not plan to apply for aid if they haven’t done that as part of their initial application to the School.
  • Will my child's financial aid award change from year to year?

    Awards are made on a year-to-year basis. Families need to reapply annually if they are seeking continued aid. However, unless there is a significant change in family circumstance, a family can expect that awards will remain constant. Increases in tuition costs are typically shared by the family and Thacher.
  • Can a local student apply for aid as a boarder?

    A student who lives in Ojai may only apply for financial aid as day student. If boarding is preferred, aid is not available.