Portledge School is dedicated to supporting families from a wide range of socioeconomic backgrounds. The Financial Assistance program is used to attract qualified students that will enrich our school community and is based solely on a family's demonstrated need.
Every family carries the financial responsibility for a child’s education to the full extent they are able
Over 20 percent of our current student population receives a form of need-based awards
Financial Assistance awards are grants that do not need to be repaid
All interested families must apply/re-apply each year for
Financial Assistance through Blackbaud Financial Aid Management (formally known as Smart Aid)
Families applying for Financial Assistance will need to meet with the Financial Assistance Coordinator
Only completed and verified Financial Assistance applications will be presented to the Financial Assistance Committee for a decision
A Financial Assistance award to denial will not affect your admissions decision to Portledge
Financial Assistance awards will be reviewed annually
Financial Assistance budget is limited and priority is given to current students
If you do not agree with your Financial Assistance award you have the option to appeal and will be reviewed by the Appeals Committee
Portledge uses Blackbaud Financial Aid Management (formally known as Smart Aid) to process financial assistance applications and help determine need.
Portledge School is an independent non-profit school which meets the charitable and educational definitions of Section 501 (c) (3) of the Internal Revenue Code. As such we receive no outside funding from federal sources and are not supported by any outside religious organizations.
Portledge is reliant upon the following funding sources to support its educational program: tuition, fees, private and planned gifts, fundraising proceeds, planned and corporate and foundational support. The school possesses finite financial resources. To this end, the school uses its Financial Assistance to help families attend even if their resources are not sufficient to pay full tuition.
While we do not grant educational loans, the primary criteria used to determine assistance to recipients is based upon the inability of academically qualified students to pay the necessary tuition to attend the school.
Blackbaud Financial Aid Management, an assessment management company will analyze and verify a families financial need based on all required questions and supporting documentation.
Blackbaud Financial Aid Management requires a $35 Application Fee
Additional supporting documents may also be required by the Finance Assistance Committee and Smart Aid Blackbaud Financial Aid Management.
Blackbaud Financial Aid Management information required documentation, and application tutorial videos are available on their website.
Students receiving financial assistance are expected to maintain a good academic record (established during the admissions process) and to demonstrate commendable behavior, effort, and citizenship. Other issues to be considered:
The Financial Aid Committee consists of various Administrators, Faculty and Staff that represent all Divisions of Portledge School.
The Committee will meet one month after the re-enrollment contract due date, (to be determined) through the beginning of school, but may call a meeting(s) as needed.
The first meeting will discuss returning students.
Applications will be divided by class.
Applications will be presented by the Admissions Office with input from the Division Head of appropriate class regarding academics and overall student performance and a report from the Finance Department with payment history Meeting Schedule
Discussions and financial statements held by the Financial Assistance Committee are strictly confidential.
Blackbaud Financial Aid Management, an assessment management company will analyze and verify a family's financial need based on all required questions and supporting documentation. The following documentation is required to complete a Blackbaud Financial Aid Management application. Applications submitted without documentation will not be processed.
2021 Tax Returns
Most recent pay stubs
Most recent W-2 forms for all jobs.
Most recently filed federal tax returns: 1040, 1040A, 1040EZ with all schedules.
Most recently filed business tax return: 1120, 1120S, 1065 (if applicable).
Supplemental income documentation: Social Security income, Welfare, Food Stamps, Child Support, 1099-M Forms, Worker’s Compensation, Unemployment, Veterans Benefits, Housing Allowance, etc.
If you are unable to provide any of the aforementioned items, please submit a Special Circumstance Letter indicating which document(s) you are unable to provide and why. This information will be shared with your school for consideration.
Additional supporting documents may also be required by the Finance Assistance Committee and Blackbaud Financial Aid Management.
Blackbaud Financial Aid Application tutorial videos are available on their website.
The Financial Assistance Committee will review the Blackbaud Financial Aid analysis of the families' expected financial contribution and other submitted documents and then determine the award amount.
The Financial Aid Committee will use the Blackbaud Financial Aid Financial Report as an assessment tool; however, Financial Assistance decisions reside within the committee.
Current salary, net worth, and family circumstances will be considered when determining the award amount.
Competition for assistance is significant.
Limited funds may prevent the committee from offering assistance to all who qualify.
Families who are notified of a financial assistance award must typically accept or decline the award within two weeks of notification.
If the family fails to comply with this and other reasonable requirements or breaches the confidentiality of this legally binding letter of award with any party unnamed in the award, the school reserves the right to withdraw financial assistance at any time during the school year.
The School may prorate the award based upon:
Optimal use of staff and facilities
Allowing current children to remain at school
Allowing siblings of accepted families to enroll
The amount of financial benefit for the school
The timing of the financial assistance application
Attempts to meet the needs of all family members
Percentage of award provided and Determination
Families will be notified of their awards for the next academic year only if their current tuition balance is paid and enrollment deposit is received, assistance cannot be applied toward any tuition or fee balances from prior years.
Financial assistance applicants must still pay the enrollment deposit
Financial assistance grants are credited to the student's account at the beginning of the billing cycle for an academic year
The Finance Committee of the Board of Trustees will determine and approve the total amount of awards to be funded annually. The overall goal is based upon the ability to fund the award without sacrificing programs or creating an operating deficit. Such funding decisions will be based upon the total amount of funds available along with anticipated enrollment figures. Consumable books, school fees, testing, field trips, party fees, bus fees, and lunch/snack expenses, and other incurred costs must be paid by the family and cannot be covered by the Financial Assistance award
Students who are placed on disciplinary or academic probation or who violate the confidentiality agreement may immediately risk their Financial Assistance grant.
Parent/Student Confidentiality Breaching: When applying for Financial Assistance you acknowledge that you have applied for Financial Assistance at the Portledge School. Financial Assistance awards are not guaranteed for every applicant and is based solely on financial need. If awarded you will acknowledge that your Financial Assistance award will not be disclosed to any other family or student. When families share details of financial aid awards, false assumptions and expectations are often created. Willful breaches of this confidentiality agreement may require a review and potential repeal of financial assistance awards.
A Financial Assistance Wait Pool is created for students whom we have accepted and are well qualified to attend Portledge but for whom sufficient financial aid is currently not available. The Financial Assistance Committee will regularly update families on their status during the spring and summer months, with final notification on September 1st
All families applying for Financial Assistance at the Portledge School must acknowledge that they have read, understand, and agree with the “Parent Confidentiality Agreement” on Blackbaud Financial Aid Management. “Financial Assistance awards are not guaranteed for every applicant and are based solely on financial need. If awarded, each family acknowledges that their Financial Assistance award will not be disclosed to any other family or student. When families share details of financial aid awards, false assumptions and expectations are often created. Willful breaches of this confidentiality agreement may require a review and potential repeal of financial assistance awards”.
*NOTICE OF NONDISCRIMINATORY POLICY AS TO STUDENTS Portledge School does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, national origin, ancestry, age, marital status, disability, or any other characteristic protected by law. This policy applies to, but is not limited to, educational policies, admission, financial aid, hiring and employment practices, use of school facilities, athletics, and other school-administered programs.