Apply for Financial Aid

Overview

Laurence School provides full and partial tuition assistance on a limited basis. Online financial aid applications will be available beginning December 1, 2016 under Tuition & Fees in the Admissions section of our website.

There are two different sets of forms and both sets must be completed and submitted on or before February 8, 2017.

  1. Confidential Financial Aid Application - This is the school's internal form, referred to as the "CFAA" throughout the instructions, which must be completed per the instructions below and postmarked or delivered to Laurence School's Business Office.
  2. FAST Application - This is an online form of an independent financial aid evaluator from which the school seeks guidance in this area. FAST Applications must be submitted online via FAST's website (a link is provided below).

Confidentiality

Laurence School's Financial Aid Committee reviews all applications and makes all award decisions. All members of the Committee are cognizant of the sensitive nature of the information submitted as part of this application process and maintain strict confidentiality in its deliberations. Award decisions will be mailed out in March of 2017.

Instructions

2017-2018 Financial Aid Application Instructions

Click here to download a PDF of the following instructions.

NOTE: APPLICATIONS MUST BE POSTMARKED OR DELIVERED TO THE SCHOOL BUSINESS OFFICE BY FEBRUARY 8, 2017

Summary

Before discussing the application itself, a few items bear mentioning regarding the overall process.

First, Laurence School’s Financial Aid Committee is sensitive to the type of information collected from your application and, accordingly, will maintain strict confidentiality in its deliberations.

Secondly, the Committee endeavors to distribute awards among qualified applicants on the basis of performance, lead academics, and behavior that meet the standards and expectations of Laurence School, as well as the assessed financial need. Should you feel that the application questions do not fully capture the circumstances affecting your family, please feel free to attach a note or explanation to your application.

The Committee will consider all information that is made available. Award notifications will be mailed out in March.

Applications

The full application consists of two components: one for the School (Confidential Financial Aid Application, or “CFAA” form which is available in the "Application Forms and Links" section below) and another that is used by our independent evaluator from whom we seek guidance, called FAST. The FAST application may be filled out via their secure web site, for which you will find a link in the “Application Forms and Links” section below (please click on the FAST logo). You will be directed to the FAST application on-line.

Required Documents

Before you begin filling out the forms, you will need to collect the following items:

  • All 2015 and 2016 W-2 and 1099 forms from your employer(s).
  • Your completed 2015 and 2016 federal tax returns (e.g., form 1040) and all supporting schedules.
  • A check register or similar method for calculating monthly household expenses (e.g., mortgage and rent, insurance, groceries, etc.).
Submission of Forms

After completing your forms, please mail the CFAA form and copy of all required documents to Shawn Shahmiri or Beth Kaplan in the Business Office at Laurence School, or drop it off in person in the Business Office. You will submit the FAST application online, which requires a $41 processing fee (to be paid online with a credit card or debit card). Remember to include (scan and attach) all necessary supporting documentation as listed and required by FAST. For assistance in submitting the online application, please call FAST at (877) 326-3278 and NOT the school.

Other Requirements and Information

Families who are currently receiving aid must reapply each year and be current with all prior financial obligations to the School, i.e., tuition, fees, etc. before being eligible to receive assistance for future attendance. Financial Aid applications for each year are evaluated independently and are not considered based on prior history of financial aid for the applicants.

Questions
If you have any questions about this information or filling out the CFAA form (the school’s form), please do not hesitate to call the Business Office at (818) 782-4001. In order for your application to be reviewed, all information must be completed and received by the Business Office on or before February 8, 2017. Applications which are received after the deadline, or which are incomplete, will be considered only after our initial awards have been made and will be subject to the availability of funds.

FAQ's

Financial Aid Application

Frequently Asked Questions

Click here to download a PDF of this page.
  • What if my 1040 form and supporting schedules for calendar year 2016 are not completed?

You do not need to rush through your 2016 federal tax return in order to apply for aid. It is certainly helpful if the return is available since it presents your most recent financial information. However, if it is not available before the application deadline, fill out the FAST and CFAA forms using estimated 2016 values. In the absence of your 2016 tax return you MUST include your 2015 form 1040, supporting 2015 schedules, and W-2/1099 form(s) for 2015. Applications not supported by your 2016 or 2015 tax return will not be considered under any circumstances.

  • I am a divorced or separated parent. Does my former partner need to fill out the application?

Laurence School will consider the assets of both natural parents before making any award and cannot be bound by the assertion that one parent has disclaimed responsibility for educational expenses, unless a court order is in place to such effect. If such a court order exists, a copy must be submitted along with the application. In addition, Laurence will consider the assets of stepparents; however, we understand that the stepparent’s first obligation is to his or her natural children.

  • What do I do if I don’t have all of my 2016 W-2s or 1099s?

Your reported W-2 and 1099 earnings are essential factors in reviewing your application. The most effective way to receive them in a timely fashion is to contact your employer(s) now and confirm that they will be mailed prior to the IRS deadline of January 31.

Applications not supported by your 2016 W-2 and 1099 earning statements will not be considered under any circumstances.

  • Do I list all of my children on the top section of the CFAA?
No, only list those children for whom financial aid is requested. Children for whom aid is not requested should be listed at the bottom of page 1.
  • On the CFAA form, there are expense columns for each guardian. My household expenses cannot be separated that easily between parents / guardians. How should I fill out the form?

The two-column format is designed to accommodate dual households or separated families. If this is not your case, include all of the expenses in the “Guardian 1” columns and ignore the “Guardian 2” columns.

  • What information is sent to the School and/or FAST?

    Finanical Application Chart.jpg

Shawn Shahmiri

Chief Financial Officer
(818) 782-4001, ext. 254


Beth Kaplan

Assistant Business Manager
(818) 782-4001, ext. 229

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