Traditional Financial Aid Application Process

Financial Aid Timeline

List of 3 items.

  • Fall 2019

    Make necessary arrangements to ensure a copy of your 2018 tax return can be submitted by the February 8, 2020 deadline. You can apply now.

    Begin Parents Financial Statement available on SSS's website.
  • Financial Aid Application Deadline

    New families: submit application no later than February 8, 2020

    Current families: submit application by December 15, 2019


    All Financial Aid applicants must submit 2018 tax returns and schedule electronically to SSS.

    All families must submit completed Parents' Financial Statement (PFS) electronically to SSS.

    * Late or incomplete applications may be placed on a financial aid wait list.
  • Financial Aid Awards

    January 31, 2020: Rashi communicates Financial Aid awards to returning students who have completed their application by December 15, 2019

    February 16 - March 8, 2020: Rashi reviews completed Financial Aid applications for admitted students.

    March 10, 2020: Rashi communicates Financial Aid awards in admissions acceptance packages for admitted students.

Tips for filling out the PFS

Use the comments fields to provide supplementary information.

After each section, there is an opportunity to include additional information about items in the section. At the end of the application, you may include any additional details or comments that you feel are important for Rashi to know in consideration of your application.

Enter Jewish Expenses.

SSS outlines the definition of what can and cannot be included in unusual expenses. However, Rashi also takes into consideration a portion of the cost of Jewish living, including a portion of the cost of Jewish summer camp, synagogue dues, and other Jewish activities. List these in questions 14F (annual costs of clubs) and 14H (annual cost of camps and lessons) on the applications. Be sure to note the name of the camp or synagogue and the amount paid to each.

Getting Help with your PFS

Online: The SSS website provides excellent support for families through every step of the application process under the APPLY tab and under the LEARN tab.

By Phone: SSS customer service for the family portal is available Monday - Friday 9:00 AM - 11:00 PM EST.

By Email: You may also send SSS a message through the family portal.

Frequently Asked Questions

Eligibility

List of 2 items.

  • How do I know if I am eligible for financial aid?

    The financial aid process looks at many different variables to determine eligibility. The process measures the Total Family Financial Capacity by looking at income (earned and unearned, taxed and untaxed), assets, extraordinary and unusual expenses in addition to many other factors, like the size of your family and the age of parents. The only way to know for certain if you qualify is to apply.
  • Who can apply for financial aid at Rashi?

    Any student enrolled at Rashi or applying for admission to Rashi may apply for financial by completing an application with SSS and submitting the 2018 tax return. Current students are to apply by December 15, 2019.  Financial aid awards will be included with the enrollment contracts in January. Students who have not submitted an application by December 15, 2019 will receive a contract for full tuition. Late applicants run the risk of being placed on a financial aid wait list.
     
    Prospective students are encouraged to visit the school, complete an application for enrollment and an application with SSS (PFS). Prospective students may learn their tuition obligation prior to an admissions decision.

The Award

List of 6 items.

Factors Affecting Financial Aid

List of 5 items.

  • Does applying for financial aid affect admission?

    No, the financial aid process is separate from the admissions process and only the financial aid applications of admitted students are reviewed by the financial aid committee.
  • Does Rashi consider religious financial contributions when awarding financial aid?

    Our accessibility plans recognize your commitment to a Jewish life. Adjustments will be made to the qualifying criteria for Discover Rashi and Traditional Financial Aid for the cost of synagogue membership (adjustment up to $3000), Jewish day camp ($1000 per student), and bar/bat mitzvah celebrations ($5000).
  • How does financial aid work for separated, divorced, or never-married parents?

    Both custodial and non-custodial parents must apply for financial aid. Applications may be entirely separate or completed jointly. The information is collected to determine the ability, not the willingness, of all parties to financially support the education of their children. The school considers the financial resources of all living parents, step-parents, and domestic partners, and requires the cooperation of all parties before financial aid awards are determined. No financial information will be viewable to another parent online, nor will the school share any financial information submitted by another parent.
     
    The school is not bound by any disclaimers of financial responsibility or legal arrangements that may bind either parent.
     
    The school does not act as an intermediary between parents and asks that all parties involved communicate directly with each other regarding the education of their children.
  • Is tuition for children at other schools considered in calculating financial aid?

    Yes. The SSS process determines what tuition parents should pay for all children in tuition-paying schools from pre-K through high school. This amount is called the Expected Family Contribution, or EFC. Parents will be asked to submit support documents demonstrating tuition in other schools. 

    The school will ask parents to pay per student at least 10% tuition or the Expected Family Contribution divided by children in tuition-paying schools.
  • What happens if I miss the deadline for filing my application?

    Late applicants run the risk of being placed on a financial aid wait list. We will consider fully completed applications first.

Questions about Rashi's Financial Aid Program?

Contact Barbara Burnim Day, Director of Finance and Operations at bburnimday@rashi.org or 781-355-7301.

Please note that we do not evaluate financial aid prior to submission of an application for admission.