3013 Orange Grove

Christiansted, VI 00820

P: 340-718-2859

info@stxmontessori.com

www.stcroixmontessori.com

Financial Aid Application Guidelines

St. Croix Montessori wants to open its doors to all families who are committed to the principles of Dr. Maria Montessori and want to give their children the benefits of a Montessori education. We are committed to providing financial aid on the basis of need to as many families as possible. The amount of financial aid monies available varies year to year depending on student enrollment, the annual budget, and upon the success of the schools fundraising efforts.

Applications along with requested documents will be accepted after April 14 and decisions will be communicated to the family in a written letter. Please be assured that the information you provide in the application will be held in the strictest confidence.

Please read the following guidelines:

1. In order for your application to be considered, the following MUST be submitted:

1. The attached Financial Aid Application completed in detail.

2. A copy of both parents/guardians most recent income tax return including all schedules.

3. Completed registration application and registration fee of $150 for each child being enrolled. If registration fee is not received by April 14th, fee will increase to $200.00, and will be applied to your account. This fee will be returned in full if you determine you are unable to enroll your child(ren) after receiving notice of the financial aid granted.

2. Please return the Financial Aid Application along with supporting documents in a sealed envelope to the schools office addressed to the Financial Aid Committee.

3. Parents/guardians are expected to contribute to the cost of their childs education to the best of their ability. Financial aid allotment will generally not exceed 50% of tuition. Full scholarships are not granted.

4. Parents/guardians must reapply each year for financial aid. Renewal of grants is not automatic.

5. Families receiving financial assistance are expected to extensively participate in school and fundraising events.

6. Financial assistance will be considered based on a number of factors including, but not limited to the following:

a. Familys financial situation

b. Space available

c. Number of siblings enrolled

d. Period of residence on St. Croix (past or anticipated)

e. Commitment to St. Croix Montessori: Student and familys participation in school and fundraising events (past or anticipated)

7. An application will not be processed until all required information have been submitted. Please note that the funds for financial aid are limited and the requests are many. It is important that applications are completed fully and accurately at the time of submission.

8. Applications will be accepted after April 14 and will be reviewed by the Financial Aid Committee. The committee meets periodically to review the applications. Applications are reviewed as they are received and awards granted on a first come first served basis. Assistance cannot be granted if all monies in the financial aid fund have been utilized.

9. If the assistance awarded does not meet your needs, arrangements can also be made to offset the tuition through in-kind service for which the school would normally have to pay. This will be considered on an individual basis. Please ask to speak to the schools Board Treasurer.

Financial Aid Application

Date of application:_________New_____Renewal___

1. Name of Student(s):Age:Entering Level:

___________________________________________________Primary____ Elementary___

___________________________________________________ Primary____Elementary___

___________________________________________________ Primary____Elementary___

2. Parent A/Guardian: _______________________________________________________________

Mailing Address: ____________________________________________________________________

Physical Address: ___________________________________________________________________

Home Phone:_________________________ Work: ____________________ Cell:________________

Employer:__________________________________________________________________________

Employer Address: __________________________________________________________________

Occupation:________________________________________________________________________

3. Parent B/Guardian: _____________________________________________________________

Mailing Address: ____________________________________________________________________

Physical Address: ___________________________________________________________________

Home Phone:_________________________ Work: ____________________ Cell:________________

Employer:__________________________________________________________________________

Employer Address: __________________________________________________________________

Occupation:________________________________________________________________________

4. Please list any additional employment or income source of either parent/guardian:

____________________________________________________________________________________________________________________________________________________________________________________________________

5. Please list any additional dependent children in the family:

NameAgeSchoolTuition PaidAmount. of Aid recd

______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

In consideration of the financial information provided in this application, what amount per month do you feel you can contribute towards your child(ren)s tuition at St. Croix Montessori?

_____________ Child 1

_____________ Child 2

_____________ Child 3

FINANCIAL INFORMATION

INCOME:

1. Gross earnings of Parent A/Guardian__________

2. Gross earnings of Parent B/Guardian__________

3. Other sources of income (social security, child support, alimony,

welfare, interest, dividends, rental property, etc.)__________

4. Are there others who contribute or could contribute to help meet the needs of the child(ren)s tuition? Please explain: __________________________________________________________________________________________________

__________________________________________________________________________________________________

5. Are there other income-producing people living in your household who are not shown on the attached income tax return? If so, please identify and indicate the amount of monthly income contributed to the support of the household. __________________________________________________________________________________________________

__________________________________________________________________________________________________

EXPENSES:

1. Monthly mortgage payments, if home is owned:___________

2. Monthly rental payments, if home is rented:___________

3. Other debts (loans, credit cards, etc):

To whom owedBalanceMonthly Payment

_______________________________________________________________

_______________________________________________________________

_______________________________________________________________

4. Other major expenses on a recurring basis (medical, insurance, etc.):

______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

5. Are there any special circumstances that you would like the committee to take into consideration in determining your eligibility to receive financial aid? Please explain. (Use additional sheets if necessary.)

__________________________________________________________________________________________________

__________________________________________________________________________________________________

__________________________________________________________________________________________________

__________________________________________________________________________________________________

ACTIVITY INFORMATION

Returning parents: Please list how you have participated in St. Croix Montessoris activities (school, fundraising, etc.) this past year: ______________________________________________________________________________________

____________________________________________________________________________________________________________________________________________________________________________________________________

All parents: Please list how you plan to participate in St. Croix Montessoris activities for the coming school year:______________________________________________________________________________________________

____________________________________________________________________________________________________________________________________________________________________________________________________

Please list any special interests or talents you have that would be helpful to the school:

_______________________________________________________________________________________