Financial Aid

We are committed to making financial assistance available to families for whom the cost of tuition would be a barrier to attendance.

Epiphany School has a needs-blind admission process, meaning that admission decisions are made independent of the financial aid award process. Only students accepted for admission are considered for financial aid awards.

We also have a strong track record of providing financial aid to support families that choose to send their child here. In determining who qualifies for financial aid, the school will consider your family’s financial means and your commitment to partnering with the school in funding your child’s education.

Financial aid at Epiphany School is awarded based on a family’s demonstrated financial need. The maximum financial aid that can be awarded is 95 percent of total tuition. Financial data is required from both parents or legal guardians, unless only one parent is present in the child's life. Financial need and final award decisions are determined by the Financial Aid Committee after considering the financial resources, income-generating ability, and reasonable family expenditures within the unique circumstances of each individual family. This committee reviews applications anonymously.

The financial aid process at Epiphany School is easy to navigate and is confidential. Epiphany School uses the Financial Aid for School Tuition (FAST) service, sponsored by the Independent School Management association, to process financial aid applications.

Financial Aid FAQs

Should our family apply for financial aid?

You should apply for aid if you are concerned about your family’s ability to afford Epiphany School’s tuition, and if you are prepared to adjust your spending priorities, maximize your earnings, and carefully manage your assets. It is important to understand that every family’s situation is different, so it is not possible to know in advance whether or not you will qualify. Financial information from both parents (whether biological, adoptive, or foster) or legal guardians is required to consider the request. The only exception is if one parent is not a presence in any way in the child’s life. In cases where a parent has remarried, the financial information of the stepparent is also required bearing in mind the stepparent’s obligations to his or her own natural child(ren).

How do I apply for financial aid?

Applying for financial aid is a three-step process:

Step 1 – Submit the online FAST application. For two household families, each parent separately submits a FAST application. FAST will then combine the information to make a recommendation.

Step 2 – Submit your prospective household budget to the Business Office. For two household families, each parent separately submits the budget to the Business Office.

Step 3 – Submit copies of your filed tax return, including all schedules such as Schedule A, E, etc, and a signed, undated Form 4506-T to the business office. For two household families, each parent separately provides this information to the Business Office. Do not date Form 4506-T.

Please refer to 2018-2019 Financial Aid Deadlines listed below.

How much financial aid is awarded?

For the 2016-17 academic year, Epiphany is providing financial aid to 37 students. The average tuition grant awarded is $14,412. The range of gross incomes of families receiving aid in 2016-17 is $20,000 to $172,500. In all, over 15 percent of the student body is currently receiving approximately $533,000 in tuition aid. Students receiving tuition aid also receive a discount on Learning Skills tuition and Extended Day at the same percentage as the tuition discount, and one after-school club at the same percentage as the tuition discount.

How do I use the FAST system?

Click on this link to go to the FAST site. Print out the FAST worksheet and user guide to know and understand what information is needed before starting the application. Complete the worksheet, then use it to complete and submit the FAST application online.

Why does Epiphany School use the FAST system for financial aid applications?

FAST is a service that collects and analyzes financial information in a standard format so that our Financial Aid Committee has the information needed to make its decisions. It also verifies the accuracy of the tax forms you provide to us. Our families tell us that is it simple to use, and FAST provides 24/7 support services to assist you in completing the process. If you find that you need additional assistance beyond what is provided by the FAST toll-free hotline, we are committed to aiding you in any way, including meeting with you one-on-one to assist you in entering your data into the FAST system, if necessary. Please contact Lonnie Herring, Business Manager, at (206) 720-7651 to schedule an appointment.

How much does it cost to use FAST?

Epiphany School pays the application fee charged by FAST. When you’ve entered all your information in FAST, you will be directed to an Application Payment screen. You will need to enter your name and address in order to submit your FAST application, but this is only so we can match submitted applications to reports we receive from FAST. You are not asked for credit card or check information.

How does Epiphany School determine the amount of financial aid each family receives?

The Financial Aid Committee will review the analysis provided by FAST, your prospective household budget, and your letter describing your family’s need. (These are provided to the committee with names redacted, to assure confidentiality.) For two household families, each parent enters data separately into FAST and FAST combines the data for a complete analysis. (Financial data for separated or divorced parents is never shared with the other parent.) We may recalculate the family contribution recommended by FAST based on school policy and the availability of funds. The family’s expected contribution will then be subtracted from the tuition to determine your financial need.

Can Epiphany School consider a financial aid request if the application is incomplete or the required documents are not provided by the deadline?

No. Financial aid applications will not be considered if the application and required documents are not received by the due dates. If you submit your materials early, we will contact you if any needed documents are missing. We cannot guarantee this service if your materials are submitted just before or on the due date.

When will families be notified of financial aid awards?

Currently enrolled families will receive email notification February 15, 2018. New families will receive email notification of their financial aid award March 16, 2018 after their admission letter is sent earlier that day.

What if my financial circumstances change?

All financial aid recipients are required to notify the school if their financial status changes, so that the school can determine whether or not the new financial information will affect their award. If a family’s financial picture improves substantially, it is possible that the financial aid award will be reduced; if the financial status worsens, the family may consider requesting financial aid (or more aid, in the case of a current recipient), with the understanding that it can be considered only if the family’s ability to pay is affected and there are unallocated financial aid funds available at the time of the request.

Whom should I contact with questions about the financial aid process?

Lonnie Herring, Epiphany School’s Business Manager, can answer questions about the process as well as specific questions regarding your individual situation. She can be reached at (206) 720-7651 or lherring@epiphanyschool.org.

Will my child’s admission be affected if we apply for financial aid?

No. The Admission Committee evaluates students for admission separately from the financial aid process. Once admission decisions have been made, the Financial Aid Committee will then determine whether a student qualifies for an award and how much he or she will be awarded.

What determines whether or not my student qualifies for financial aid?

FAST is an independent organization. It processes a family’s financial information, verifies the accuracy of that information, and provides receiving schools with the results of its assessment along with an estimate of the family’s ability to contribute toward the school’s tuition and other expenses. Epiphany School then makes its own determination of what the family is expected to pay. This entire process mirrors that used by colleges and universities in the United States.

Do financial aid awards cover the full cost of tuition?

No. The Financial Aid Committee awards grants and makes financial aid decisions based on each family’s financial need. Currently, the maximum aid award possible is 95 percent of tuition due. For the 2016-2017 school year, the average financial aid award was equivalent to 67 percent of the PreK-5 tuition.

Application Deadlines/Requirements

Families Enrolled in the 2017-2018 School Year

By January 18, 2018:

  1. Submit FAST online application
  2. Provide the calendar 2018 household budget to the Business Office
  3. If you are not receiving financial aid in 2017-2018, provide a copy of your 2015 and 2016 federal income tax returns and W2 statements for both years to the Business Office. Include all tax schedules included in the return, e.g. Schedule A, E, etc.

You will be notified of the Financial Aid Committee’s decision on February 15. Tuition assistance is awarded contingent upon the Business Office receiving a copy of your filed 2017 federal tax return, W2, tax schedules included with the return, and the signed, undated Form 4506-T no later than April 18, 2018.

New Families or Families Enrolled Prior to the 2017-2018 School Year

By February 8, 2018:

  1. Submit FAST online application online
  2. Provide the calendar 2018 household budget to the Business Office
  3. Provide a copy of your 2015 and 2016 federal income tax returns and W2 for both years to the Business Office. Include all tax schedules included in the returns such as Schedule A, E, etc…

You will be notified of the Financial Aid Committee’s decision on March 16. Tuition assistance is awarded contingent upon the Business Office receiving a copy of your filed 2017 federal tax return, W2, tax schedules included with the return, and the signed, undated Form 4506-T no later than April 18, 2018.

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