Financing Your Education

At Canterbury School, we seek to enroll a talented and diverse student body, and we believe the cost of an independent school education shouldn't be a deterrent.

Many options are available – including need-based financial aid and payment plans – to help families cover the cost of tuition. We even have merit-based scholarship opportunities, like the Malone Scholars Program and the Canterbury Scholar Competition.

Financial aid applications will not affect admission decisions; they are considered separately and are held in the strictest of confidence. Financial aid is awarded only to students who have completed the Admissions Application Process and have been officially accepted.

Our tuition fees are dependent upon the grade level in which your child will be enrolled. Please email the Admissions Office, or call (260) 407-3553, with tuition questions.

FINANCIAL AID ELIGIBILITY

Financial aid awards are based solely upon the family's financial need, determined by an independent analysis of a family's resources and commitments. In computing the amount of the award, Canterbury considers factors such as family size, income, expenses, assets and liabilities, and number of children enrolling in tuition charging institutions.

APPLYING FOR FINANCIAL AID

Canterbury has selected the Financial Aid for School Tuition (FAST) program to help establish each family’s level of financial aid. Families may begin to access the FAST program at noon on Dec. 1, 2017, for the 2018-19 school year.

Because financial aid is determined based on demonstrated need, families must reapply each year. The school is committed to funding families consistently each year, including tuition increases, provided the financial situation does not change dramatically from the previous year.

Please note: Financial aid is limited, and an early application is encouraged. No full financial aid awards are given. Typically, awards are 90 percent of the demonstrated need.

Here are a few tips when applying for financial aid:

  • You only need to complete one application per household.
  • Enter whole numbers, and be sure to fully complete each section.
  • Use good faith estimates for items where you may not know the exact number.
  • Offer explanations when appropriate, so your situation is clear to the financial aid committee.

NOTIFICATION OF FINANCIAL AID RECIPIENTS

If a family qualifies for financial aid, a letter will be included in the contract packet to the family detailing the amount of the grant. A financial aid award will not be considered final until all the necessary documentation has been received by the school's Business Office.

PAYMENT PLANS

Families are welcome to use the Canterbury FACTS Payment Plan to pay for tuition. This secure online system allows you to select a payment plan that best suits your financial needs. All families who elect to use this feature are automatically re-enrolled for future school years.

We offer the FACTS plans listed below (depending at the start and end dates of each plan, they may not always be offered):

  • Monthly Payments: Pay your tuition in 12 monthly installments.
  • Semi-annual Payments: Pay your tuition in two installments.
  • Annual Payments: Pay your tuition in full.

Accepted payment methods include credit card and automatic bank draft.

If you have questions about FACTS, please email Julie Walda.


CANTERBURY SCHOOL
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