Admissions

Tuition & Financial Aid

Tuition at Drew
Drew’s tuition is set each year by the Board of Trustees through an intentional process that takes into account a variety of vital factors. Tuition for families entering in the 2022-2023 school year is $55,900. Tuition includes:
  • books
  • materials
  • athletic uniforms
A required, non-refundable 10% deposit is due with a signed enrollment agreement in March.
  
Financial Aid
Drew is committed to maintaining socioeconomic diversity by helping families afford Drew's college-preparatory education. Forty percent of Drew students receive some level of need-based financial support. Each family's financial situation is unique, and Drew takes care to consider every application carefully. The range of financial aid awarded to Drew families spans from less than 10% of tuition to nearly 100% which means your family could pay anywhere between $500 to $55,900 (tuition for 22-23) a year in tuition based on your need. The process of awarding financial aid is very deliberate and based on the assumption that each family who enrolls is using their own resources to the maximum possible extent.

Payment Plans
Drew offers three different tuition payment plan options
  • One-Pay Plan: After the initial enrollment deposit, one subsequent payment is due to FACTS on June 1.
  • Two-Pay Plan: After the initial enrollment deposit, two subsequent payments are due to FACTS on June 1 and November 1—each 50% of the total tuition.
  • Monthly Payment Plan: After the initial enrollment deposit, one payment is due to FACTS each month, beginning May 1 and ending February 1—each 10% of total tuition.

Decision & Application Deadlines
If your family plans to apply for financial assistance, please be sure to review the timeline listed below. Please note that financial aid is granted on an annual basis and therefore you must apply each year.
If you have any questions at all please contact Joanna Lovett, Director of Admissions.

Deadline #1 January 12, 2023
Step 1: Login to or create your SSS account by visiting https://sssandtadsfa.force.com/familyportal/FamilyLogin
Step 2: Submit your Parent Financial Statement (PFS) through SSS by January 12, 2023 using school code 2888. Contact SSS Parent Support at (800) 344-8328 or email sssandtadsfa@communitybrands.com for answers to questions about completing the PFS.
Step 3: If a letter of explanation (known as a Letter of Circumstance) would help us better understand your family and/or financial situation, please upload to your SSS account. 
Step 4: Upload 2021 Federal Tax Return 1040, 1040A, or 1040EZ to your SSS account.
Step 5: Upload 2021 W-2/1099 to your SSS account.
Step 6: If applicable Upload Federal Business Tax Return. Upload to your SSS account with all schedules of Forms 1065, 1120, or 1120s, as well as any K-1, as applicable.

Deadline #2 February 12, 2023
Step 1: Upload 2022 Federal Tax Return: 1040, 1040A, or 1040EZ with all documents to SSS.
Step 2: Upload 2022 W-2/1099 to SSS. 

Please note - We realize that not all documents may be ready in February. We will accept an informed estimate or draft of the 2022 tax return if necessary. Please be sure to clearly title or mark “Draft” or “Estimate.” A 2022 1040 must be submitted to be considered. 

If waiting on K-1 requires you to file an extension, please upload a draft tax return clearly titled or marked “Draft” or “Estimate.”  
Any other information may be noted in the “Other Considerations” field at the end of your PFS.

Click here to view 2021-2022 Navigating Financial Aid at Drew Presentation (2022-2023 version coming soon!)

Notice of financial aid awards for new students will accompany letters of acceptance and will be emailed March 17, 2023, and your response is due by March 23, 2023. Enrollment agreements and financial aid awards for returning students are emailed in February.
 
   

Financial Aid Frequently Asked Questions

List of 9 frequently asked questions.

  • How do you grant financial aid?

    Drew's Financial Aid Committee distributes financial aid based on demonstrated need. On average, Drew grants more than $2 million in financial aid to support families as they pursue their educational goals.
  • What if I receive a Tuition and Financial Aid package that I feel my family cannot afford?

    If you have been accepted with a tuition that you feel is higher than your demonstrated ability to pay, please reach out as we do have an appeal process for you to follow. You will be required to provide supporting documents if your income has changed since filling out the application initially. We will do our best to meet your need.
  • What is the typical amount of financial aid?

    Each family is evaluated individually, so there is no 'typical' amount of aid. The range of financial aid awarded to Drew families spans from less than 10% of tuition to nearly 100% which means your family could pay anywhere between $500 to $55,900 a year in tuition based on your need. The process of awarding financial aid is very deliberate and based on the assumption that each family who enrolls is using their own resources to the maximum possible extent.
  • Do families with two households need to file two Parent Financial Statements?

    Yes, each year all parents must complete an application unless there is a court order granting one parent sole physical and legal custody. Consideration of the other custodial or non-custodial parent’s financial status is based upon the belief that a family’s contribution for education is a reflection of the family’s ability to pay, not the willingness to pay.
  • What if I am unable to complete my taxes by the deadline?

    If waiting on K-1 requires you to file an extension, please upload a draft tax return clearly titled or marked “Draft” or “Estimate.”  Any other information may be noted in the “Other Considerations” field at the end of your PFS.
  • What if my financial circumstances change between January and March?

    If other sources of financial support make it possible for you to enroll without financial aid and you have been offered enrollment, you must contact Joanna Lovett, Director of Admissions joannalovett@drewschool.org or 415.430.3771.

    Drew operates under the assumption that families who apply for financial aid cannot enroll without this support. Decisions about enrollment must meet the March 2023 deadline.
  • Will my financial aid change next year?

    It may. Drew's financial aid is extended to families based on need. Applications are submitted annually so that Drew can assess for an increase or decrease in your financial aid award based on current needs.
  • Will applying for financial aid impact the admission decision?

    No. Drew manages the admission process separately from the financial aid process. The Admissions Committee works to assess candidates for readiness and best fit for Drew's community and program. The Financial Aid Committee works separately to distribute our limited funds to families based on need.
  • Should I mail or email my application to Drew?

    No, the application should be completed online through SSS and all tax documents should be submitted directly to SSS.
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