 |
 |
 |
 |
 |
 |
 |
 |
 |
Affording an Oak Lane Education
We offer need-based Financial Aid, a Merit Community Scholarship Program, and Tuition Payment Plan Options to help guide you through the financial process.
| Financial Aid Policy | |
| Oak Lane Day School has a longstanding commitment to making its educational opportunities affordable to families regardless of their economic circumstances. Financial aid funds are awarded on the basis of demonstrated financial need and comprise a significant portion of our annual operating budget. Financial aid is available to all students from prekindergarten through sixth grade. | |
| When making decisions about financial aid, Oak Lane Day School follows guidelines established by the National Association of Independent Schools. Awards are granted on an annual basis and all families need to apply each year. First priority is given to current students, and then applications for new students are processed on a first-come, first-served basis. | |
| In order to share our limited funds equitably, families need to carefully follow the steps for financial aid applications. The Director of Admissions is available to assist families through this process. | |
| Financial Aid Application Steps | |
1. |
Complete a Parents’ Financial Statement (PFS) and send it to the School and Student Service (SSS) for Financial Aid in Princeton, New Jersey by March 1. You can complete the PFS online at www.nais.org/financialaid/sss. |
2. |
Submit a copy of the following forms: |
Your 2008 federal tax form 1040 with all schedules Your 2008 W-2 and /or 1099 statements Your 2007 federal tax form 1040, with all schedules (new applicants only) Your 2007 W-2 and /or 1099 statements (new applicants only) Form 4506 - download form, complete, sign and return without the fee |
|
3. |
If you own all or part of a farm or business, you must file the supplement to the PFS called the Business/Farm Statement. You can download this form from the NAIS website: www.nais.org/financialaid/sss. |
4. |
In cases of divorce or separation, both parents are required to provide financial information. The custodial and the non-custodial parent should each complete a PFS. |
5. |
All information is confidential and will only be used to determine financial need. |
| Financial Aid Timetable | |
December 1 |
Financial Aid packets mailed |
| March 1 | Deadline for filing PFS with SSS |
| March 15 | Deadline for filing all supporting documentation with Oak Lane Day School |
| April 15 | Notification of awards |
Oak Lane offers families three tuition payment plan options:
Option I: Pay in full Families may pay tuition in full by July 1st (before the next school year begins in September) and receive a 1.5% discount. Option II: Pay in two installments Families may pay 60% of their tuition by July 1st and defer the remaining 40% until December 1st. Option III: Pay monthly (7-10 months) Tuition can be split up into monthly installments; total number of payments due will depend upon starting date.
|
|
Oak
Lane may be closer than you think! Check out the approximate time and mileage from your neighborhood to ours: Chestnut Hill - 12 minutes - 5 miles Mount Airy - 14 minutes - 6 miles Elkins Park - 19 minutes - 10 miles Abington - 19 minutes - 8 miles King of Prussia - 15 minutes - 10 miles Lansdale - 20 minutes - 10 miles Collegeville - 25 minutes - 10 miles |
 |
| ADMISSIONS HOME PAGE... |
| ADMISSIONS PROCESS... |
| MERIT COMMUNITY SCHOLARSHIP PROGRAM... |
 |
© 2009 Oak Lane Day School |