Tuition & Financial Aid

Tuition

Tuition for all grades for the 2016-2017 school year is $45,500. The tuition management company, SMART TUITION, handles all billing and payment processing for Beaver. The tuition figure, which includes your enrollment deposit covers all expenses except, tuition refund insurance (0.9% of tuition), textbooks, a laptop, personal school store purchases and other miscellaneous charges. Click here to enroll with SMART TUITION.

Payment Plans

There are three payment plan options with SMART TUITION: single payment (due 05/01/2016), 3 installments (05/01/16, 07/01/16 and 01/01/17) or 10 monthly installments (05/16 through 02/17.) More details are provided with the enrollment contract.

Financial Aid

Every student’s family may apply for need-based Financial Aid. The deadline for prospective families to apply is February 1. The deadline for returning families to apply is December 15 (returning families who are new to Financial Aid should notify the Admission Office by December 1). About 25% of families receive some Financial Aid each year. Beaver does not award merit scholarships.

The Financial Aid process is separate from the Admission process and the Financial Aid application must be re-submitted every year. Decisions are made by the Financial Aid Committee at Beaver and are based on the reporting system called School and Student Service for Financial Aid (SSS by NAIS).

Steps to Apply for Financial Aid: PROSPECTIVE FAMILIES

1. Indicate your interest in applying for Financial Aid on the Application for Admission through Ravenna no later than January 1.

2. Complete the Parents’ Financial Statement (PFS) online through SSS by NAIS (click here) and request that the report be sent to Beaver (school code 1528). If separated, divorced or never married, all parents must submit a PFS. Be sure to complete all items and provide clear explanations.

In addition to filling out the PFS, please upload the following documents with your application:

  • Signed copy of your 2015 federal tax return including all supporting documents, schedules, W-2s and/or 1099s
  • Signed copy of your 2016 federal tax return including all supporting documents, schedules, W-2s and/or 1099s
  • Signed, undated IRS 4506 form (found here), items 1-4; do not include $50 fee
  • If you are self-employed or own your own business or farm, please submit the
  • Business/Farm Statement directly to SSS by NAIS and include your business taxes with your federal tax return
  • ALL documents should be uploaded or sent directly to SSS by NAIS

Applicant families will be notified if they will receive a Financial Aid grant on March 10, along with their Admission decision.

Steps to Apply for Financial Aid: RETURNING FAMILIES

All returning families must apply for Financial Aid every year. Please let the Admission Office know if your financial situation has changed or if you will be applying for aid for the first time by December 1.

  1. Complete the Parents’ Financial Statement (PFS) online by December 15 and request that the report be sent to Beaver (school code: 1528). If separated, divorced or never married, all parents must submit a PFS. Be sure to complete all items and provide clear explanations.
  2. Upload a signed copy of your 2015 federal tax return including all supporting documents and W-2s and/or 1099s (if they were not uploaded last year) by December 15
  3. Upload the following 2016 federal tax documents by April 1:
  • Signed copy of your 2016 federal tax return including all supporting documents, schedules, W-2s and/or 1099s
  • Signed, undated IRS 4506 form (found here),do not include $50 fee
  • If you are self-employed or own your own business or farm, please submit the Business/Farm Statement directly to SSS by NAIS and include your business taxes with your federal tax return

Returning families will be notified of their Financial Aid award when they receive their re-enrollment contract for the 2017-2018 school year in February. Awards are conditional upon the receipt of all 2016 tax documents.