Financial Aid

Financial need is determined by a number of factors, including income, assets, liabilities, family size, and the number of children in tuition-charging schools. While there is no threshold income that qualifies families for financial aid, 77% of financial aid recipients at NPS have gross income of $200,000 or less. Any family that feels that the cost of tuition exceeds their ability to pay is encouraged to apply for financial aid.

In the 2020-2021 school year, approximately 25% of NPS families receive tuition assistance. Grants range from 5% to 95% of tuition costs, and the average grant is $25,286. The average household income among families receiving financial aid is $163,893.

All financial aid grants are based on the family's need as determined by NPS and the Tuition Aid Data Service (TADS), a financial assessment program. Parents are required to complete the TADS financial aid application online, which will generate a need analysis report that is sent to NPS. Parents must also submit directly to TADS a copy of their most recent federal income tax forms (1040) that were submitted to the IRS and all W-2s. If applicable, TADS may request additional documentation.

The Financial Aid Committee uses the recommendation from TADS as a baseline for our own review. NPS may ask your family to contribute more or less to tuition than what is estimated by TADS. Every family is asked to contribute a minimum amount toward the cost of an NPS education.

Admissions decisions are made without regard to the applicant's financial need. Unfortunately, each year, the number of requests for aid is greater than the School's resources; therefore, NPS cannot guarantee a grant for every family whom we accept. Grants are renewable yearly and depend on the School's continued resources, the family's need, and the student's satisfactory progress at NPS.

1. Let us know that you are applying:

Indicate on your application for admission that you intend to apply for financial aid.
 

2. Complete the Online Financial Aid Application:

Due to TADS by February 1, 2021
Returning and new families must submit the online financial aid application to TADS. The online application for the 2021-2022 school year opens October 1, 2020.

Please download the application worksheet to help you gather all necessary information prior to applying online.

Click here for the worksheet:

Click here to begin your application:

You need only complete one application per family, even if you have multiple children applying to NPS. After creating an account with a user name and password allowing you to save information and return to submit later, select "DC" and "National Presbyterian School." You may submit your application to other schools at the end of the online application. If you are unable to complete your application online and require a paper application, or you have questions about the submission process, you may call TADS directly at (800) 477-8237 for more information.

3. Submit Supporting Financial Documents to TADS:

Due to TADS by February 15, 2021.
All applicants for financial aid must either upload or mail a copy of the signed 2020 federal income tax forms (1040) that were submitted to the IRS directly to TADS. If your 2020 1040 is not yet prepared, you may submit your most recent taxes and 2020 W-2s, but grants will be contingent upon receipt of the required 2020 documents. In order to verify the information submitted in your application, TADS may contact you directly with questions and/ or to request additional documents.

Please ensure the child/children's names are on all documentation submitted. TADS securely stores this information and gives all schools to which you are applying for financial aid confidential access to your documents.

To upload directly to the TADS website: Sign into your account at www.secure.tads.com then click the “Required Documents” tab and upload. DO NOT SEND VIA EMAIL

To mail, send to: TADS, 110 N. 5th St. 2nd Floor, Minneapolis, MN 55403 with the reference number on the envelope and first page of the documents.

To fax, send to: 612-548-3326 or 612-927-3738 with the reference number on the first page of the fax.

For new NPS applicants, if all application requirements are completed by February 15, 2021, the Admissions Office will send any available financial aid grant in early March in tandem with your admissions acceptance. Any financial aid applications completed after February 15, 2021 will be considered as funds remain available.