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.
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.
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.
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.
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.
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.
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.
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 firstname.lastname@example.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.
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.
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.
No, the application should be completed online through SSS and all tax documents should be submitted directly to SSS.
Drew knows and believes in teenagers. We engage each student in a process of intellectual discovery to develop an individual voice, the confidence to express it, and the empathy to understand its impact.