Tuition/Tuition Assistance

Tuition and Fees

2014-2015 Tuition and Fees

Upper School (9-12)

Middle School (6-8)

Application Fee

$60

$60

Tuition

$22,200

$21,175

Reservation Deposit *

$1,000

$1,000

2015-2016 Tuition Rates will be posted in January 2015. 

Please not that there are additional charges for books, uniforms, sports program, etc.  These vary by grade and participation levels.

A used book and uniform sale sponsored by the Oakcrest Parent Association (OPA) is held in the spring.     

TUITION ASSISTANCE INFORMATION SESSION FOR PARENTS
NOVEMBER 4, 2014, 7-8 p.m.


*The enrollment contract must be accompanied by a non-refundable Reservation Deposit that will be credited toward the total tuition fee. Families applying for tuition assistance need only submit a deposit of  $500.

FACTS  Payment Plan  

Families have the option of paying tuition in full or establishing a payment plan using FACTS.  To create a new FACTS Payment Plan or to log in to your existing account, please click this button.

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The FACTS payment plan enables families to pay all of the annual tuition (minus the $1,000 Reservation Deposit), transportation fees, and the tuition refund insurance premium in monthly installments without interest charges.

Tuition Insurance

Oakcrest School offers a Tuition Refund Insurance Plan for an additional fee. Participation in this program is optional for families who pay tuition in full, and it is required for families who elect to pay tuition monthly using the FACTS payment plan.          

Tuition Assistance   

Oakcrest recognizes the vocation of women as trustees of humanity and provides a culture of freedom and responsibility in which young women thrive.  For almost 40 years, Oakcrest has partnered with parents to challenge girls to develop their intellect, character, faith and leadership potential to succeed in college and throughout their lives.  We are committed to providing access to this excellent program of education and formation to as many young women as possible.  To that end, we have consistently provided generous levels of tuition assistance to families whose financial circumstances make it difficult for them to pay full tuition.

Nevertheless, the financial resources of the School are limited, and tuition assistance can be offered only on the basis of demonstrated financial need as determined by Oakcrest.  Families are therefore expected to make an honest and maximum effort to cover the cost of tuition from their own resources. 

Oakcrest operates under a need-blind admission policy and is committed to providing access to qualified students regardless of their financial need. Oakcrest Tuition Assistance is intended to provide access to an Oakcrest education for qualified students who might otherwise not be able to attend because their household financial situation does not support payment of full tuition.    

  • Oakcrest seeks to fully fund demonstrated need. Due to limited funds, not all who qualify will receive an offer of assistance, or an offer that fully funds demonstrated need.
  • Tuition Assistance awards are made for one academic year. Reenrolling families must complete a new application for each year that the student enrolls.
  • Applications must be completed on time to be considered. Late applications will be handled as they arrive and as funds allow. Only complete applications will be considered.
  • Oakcrest School follows its Tuition Assistance policy and, for 2015-2016, will use the FACTS Grant & Financial Aid methodology as a guide to determine each family’s demonstrated need. 
  • Oakcrest reserves the right to request additional information, such as tax schedules and other tax and/or income records. Income tax documentation substantiates information provided, but it is not considered in isolation.
  • Family contribution is calculated prior to consideration of any merit award, including the Veritas Award. The amount of a merit award is then added to the family contribution to determine need.
  • In accordance with the Oakcrest School mission, Oakcrest takes into consideration family circumstances that affect ability to pay. All Tuition Assistance decisions are made on a case-by-case basis.

Oakcrest communicates the availability of Tuition Assistance to all current and applying families. All information disclosed by families for Tuition Assistance is considered confidential. Tuition Assistance decisions are communicated in a fashion that allows families to make informed enrollment decisions.

Tuition Assistance applications may be submitted online using the FACTS Grant & Aid Assessment Program beginning November 1, 2014.  Specific instructions and a link to the FACTS Grant & Aid Assessment Program website will be posted here soon.

Tuition Assistance applications for the 2015-2016 School year must be submitted no later than February 6, 2015.   

Frequently Asked Questions About Tuition Assistance

Q

What is Tuition Assistance?

A

Tuition Assistance funds are grants that help to reduce the cost of tuition for families and households that qualify through our need-based program. Tuition Assistance is based solely upon a family’s ability to pay and is independent from the student qualification process for admission.

Q

If I apply for Tuition Assistance, will it affect my child’s admission?

A

Admission and Tuition Assistance decisions are made by two separate committees. A family’s financial circumstances are not included in the criteria upon which a student is evaluated for admission.

Q

How do I know if my family qualifies for Tuition Assistance?

A

Tuition Assistance is granted each year on the basis of demonstrated need and available funds. Individual family/household circumstances that determine a family’s ability to pay include but are not limited to annual income, typical household expenses, real estate assets, cash savings, investments, number of dependents, special circumstances (e.g., medical expenses for a special needs child), etc. Tuition Assistance is not awarded solely on family/household income level.

Q

How does Oakcrest’s Tuition Assistance decision-making process work?

A

Oakcrest School follows its Tuition Assistance policy and, for 2015-2016 will use the FACTS Grant & Aid Assessment Program methodology as a guide to determine each family’s demonstrated need. Submission of 2014 Tax Returns and related documents is necessary to verity award decisions.

Q

How much Tuition Assistance should I expect to receive?

A

Oakcrest School seeks to meet the verified financial need for those who receive Tuition Assistance. All families are expected to make a maximum effort to cover the cost of tuition. Every family should expect to contribute financially to their daughter’s education.

Q

Do I have to apply for Tuition Assistance every year that my child is enrolled?

A

Yes, families who receive Tuition Assistance must complete a new application for each year that their child enrolls to determine eligibility for the coming academic year.

Q

If the award is not enough, can I appeal?

A

Oakcrest seeks to fully fund demonstrated need. Due to limited funds, not all who qualify will receive an offer of aid, or an offer that fully funds demonstrated need. Families may request a reconsideration of their award by writing to the Business Manager and stating the reason for the request. Please understand that there are often families waiting for funds that are not taken up in the first distribution. Families may also wish to consider Education Loans from qualified organizations, such as Your Tuition Solution (www.tuitionsolution.com).

Q

What if our circumstances change mid-year?

A

Oakcrest seeks to provide access for qualified students and understands that household circumstances can change outside of the Tuition Assistance cycle. Please contact the Business Manager to initiate a discussion so that your situation can be addressed by the Tuition Assistance Committee. All decisions are dependent upon availability of funds.

Q

What if my daughter is applying for and/or receives the Veritas Award?

A

Tuition Assistance decisions are made independently from the Veritas Award process. An application for Tuition Assistance should be made based upon your family and household need regardless of the Veritas Award amount. Should your daughter win the award, that award amount will be considered in the calculation of a Tuition Assistance Award for a qualifying family.

Q

How do I apply for Tuition Assistance?

A

Access the FACTS Grant & Aid Assessment Program website from the link above and follow the easy, step by step instructions for completing your application.

Q

When can I apply for Tuition Assistance?

A

You may begin to process your Tuition Assistance application for the 2015-2016 school year on November 1, 2014. Applications must be completed by February 6, 2015.

Information for accessing the FACTS Grant & Aid web site will be posted here soon.

Oakcrest reserves the right to ask for additional information.

Q

When are parents notified of Tuition Assistance decisions?

A

Completed Tuition Assistance applications filed by the deadline of February 6, 2015, are considered in the initial distribution of funds. Award decisions are mailed in early March. All awards are considered provisional until such time as the required 2014 Tax Return information is submitted to FACTS and the award amount is verified. Failure to submit required tax return information may result in the award being revised or rescinded.

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