The Winston-Salem Montessori School is committed to supporting families who cannot meet the full expense of current tuition rates. The Financial Aid program was created to assist families with tuition in the form of need-based grants. The Financial Aid Committee is dedicated to awarding these funds to as many eligible families as possible who desire an authentic Montessori education for their children.
Distributions are determined yearly in February for the following academic year, however, some funds are reserved for rolling admission needs. This is based on the number of applicants and the amount of money that the school has allocated for aid. The actual amount granted per family may change year to year based on the need of the applicants and the budgetary restraints of the School. Award of aid one year does not guarantee future aid, but previous recipients are given priority.
The financial aid allocation is decided by the Financial Aid Committee and the Head of School. The Parents’ Financial Aid Statement and results are considered private and confidential information by The Winston-Salem Montessori School. The information is used only to determine your families need for assistance in offsetting the cost of tuition.
For a student to be considered for financial aid, the student must either be currently enrolled at the School or have an Admissions Application on file for the next enrollment period.
The Winston-Salem Montessori School is pleased to announce that the Financial Aid Committee is accepting Financial Aid applications for the 2023/24 academic year.
Families seeking financial aid must file an application through the Grant & Aid platform in FACTS. FACTS provides the Winston-Salem Montessori School with a need-based financial aid analysis service that ensures our process for establishing financial need adheres to nationally established standards of best practice.
Financial Aid grants are awarded for one year only and, therefore, you must reapply each year. If this is the first year that you are applying, you will need to create a new account even if you have a FACTS account already established. You may use the same login and password though.
All information is kept confidential, as is all information pertaining to a family’s financial aid request.
The application process is self-guided. You may navigate in and out of the program, allowing you to partially complete an application and go back to it at another time. Online e-mail and a Grant & Aid specific 24/7 helpline is provided. The charge for the application is $40 to be paid by credit card at the end of the session. Because financial aid funds are limited, and demand is high, late filing of materials will result in non-renewal of a financial aid grant.
Deadline for submittal is midnight, February 10th, 2023 for returning students.
The WSM Financial Aid Committee will determine awards and notify families on a rolling basis. Those families who have submitted a financial aid application on/or before the deadline will not be required to pay a tuition deposit until they receive their annual award information. Within 7 days you must accept the award and pay the tuition deposit to secure your child’s placement for the school year.
After completing the online application, you will be required to submit your current tax returns for both State and Federal taxes with all schedules and W-2’s. A complete list of required information and documents is attached.
If you do not accept the award and pay the tuition deposit within 7 days of notification, the award offer will expire and the funds will be awarded to another family. For more information or assistance, please contact Paul Raymond, Director of Admissions.
Financial Aid Procedure:
- To ensure equitability, the application process for all financial aid is as follows:
- Student must have an application on file for the 2023-24 school year.
Please note:
The financial committee will review each applicant and will determine funding based on the information provided and in accordance with the WSM Financial Aid Policy. The amount of aid is predicated on factors such as family size, income, expenses, assets, liabilities, priorities for spending and the availability of funds.
WSM treats financial assistance requests confidentially. It is expected that students and their families will do the same.
