Tuition Assistance 2020-2021

Page 1

Woodberry LEARN MORE AT

Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program.

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.

woodberry.org/tuitionassistance

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Tuition Assistance

G

A

F

R D I F O N


Woodberry LEARN MORE AT

Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program.

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.

woodberry.org/tuitionassistance

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Tuition Assistance

G

A

F

R D I F O N


T

$125,000

$275,000

$5,000

$25,000

$55,000

O

Apply See Important Dates

1

T

LION IL

M O N S

D

M

$60,700

$84,900

2020–21 tuition cost

total cost per student

20% 15% 10%

$3,500–$60,700 RANGE OF GRANTS OFFERED

2

Submit 2020 W-2s through SSS.

3

Receive and respond to enrollment offer and tuition assistance package from Woodberry Forest School.

20% 15%

24% 19% 15%

5% 0%

7% <$50k

$50-100k

$100-150k $150-200k $200-250k

>$250k

adjusted gross income

4

Deadline to submit 2020 W-2s through SSS

March 10 Notification of admission decisions; tuition assistance awards sent to families who met the Jan. 15 and Feb. 8 deadlines April 10 Deadline to submit enrollment contract and tuition deposit April 15 Deadline to submit 2020 IRS Form 1040 and all supporting schedules through SSS

RETURNING STUDENTS

25%

Do Not Qualify $34,400 $22,300

Deadline to submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com

FAMILIES RECEIVING TUITION ASSISTANCE

2020–21 TUITION: $60,700 AVERAGE GRANT: $37,345

January 15 Deadline to submit first-round admission application to Woodberry

February 8

EFC*

Submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com.

E

CURRE

O

W

T

O

2020–21

Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $24,200 for each boy.

*These scenarios serve as examples only. A family’s expected contribution (EFC) is based on School and Student Services (SSS) methodology, the information you provide, and the school’s assessment and verification process. Our aim is to assess a family’s ability to pay.

H

D

$50,000

$41,500 $19,800 $15,200

WARDE

Scenario 3 $300,000

$11,500 $5,100 $3,100

7

NEW STUDENTS A

Scenario 2 $200,000

EFC*

E

Scenario 1 $100,000

EFC*

LAR S OL

WOODBERRY SUPPORTS EVERY STUDENT

Estimate of tuition for families who wish to pursue enrollment at Woodberry Forest School:

Attending tuitioncharging institutions 1 child 2 children 3 children

M

farm, car, mortgage, or student loans)

percent

E D

Debt (excluding business,

D

E

(excluding retirementspecific accounts)

E

Family Indicators Household Income Cash and Investments

AT E D

100

RECEIV

47% Tuition Assistance

Family Scenario Examples

R

S

F

STUDEN

Important Dates

N

T

T

N

Fast Facts

Submit 2020 IRS Form 1040 and all supporting schedules through SSS.

December 15 Deadline to submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com February 8

Deadline to submit 2020 W-2s through SSS

February 15

Re-enrollment contracts released*

March 2 Deadline to submit re-enrollment contract and tuition deposit April 15 Deadline to submit 2020 IRS Form 1040 and all supporting schedules through SSS *Re-enrollment contracts are sent to tuition assistance applicants as soon as their tuition assistance application is complete. All required materials must be completed by December 15 and February 8.


T

$125,000

$275,000

$5,000

$25,000

$55,000

O

Apply See Important Dates

1

T

LION IL

M O N S

D

M

$60,700

$84,900

2020–21 tuition cost

total cost per student

20% 15% 10%

$3,500–$60,700 RANGE OF GRANTS OFFERED

2

Submit 2020 W-2s through SSS.

3

Receive and respond to enrollment offer and tuition assistance package from Woodberry Forest School.

20% 15%

24% 19% 15%

5% 0%

7% <$50k

$50-100k

$100-150k $150-200k $200-250k

>$250k

adjusted gross income

4

Deadline to submit 2020 W-2s through SSS

March 10 Notification of admission decisions; tuition assistance awards sent to families who met the Jan. 15 and Feb. 8 deadlines April 10 Deadline to submit enrollment contract and tuition deposit April 15 Deadline to submit 2020 IRS Form 1040 and all supporting schedules through SSS

RETURNING STUDENTS

25%

Do Not Qualify $34,400 $22,300

Deadline to submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com

FAMILIES RECEIVING TUITION ASSISTANCE

2020–21 TUITION: $60,700 AVERAGE GRANT: $37,345

January 15 Deadline to submit first-round admission application to Woodberry

February 8

EFC*

Submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com.

E

CURRE

O

W

T

O

2020–21

Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $24,200 for each boy.

*These scenarios serve as examples only. A family’s expected contribution (EFC) is based on School and Student Services (SSS) methodology, the information you provide, and the school’s assessment and verification process. Our aim is to assess a family’s ability to pay.

H

D

$50,000

$41,500 $19,800 $15,200

WARDE

Scenario 3 $300,000

$11,500 $5,100 $3,100

7

NEW STUDENTS A

Scenario 2 $200,000

EFC*

E

Scenario 1 $100,000

EFC*

LAR S OL

WOODBERRY SUPPORTS EVERY STUDENT

Estimate of tuition for families who wish to pursue enrollment at Woodberry Forest School:

Attending tuitioncharging institutions 1 child 2 children 3 children

M

farm, car, mortgage, or student loans)

percent

E D

Debt (excluding business,

D

E

(excluding retirementspecific accounts)

E

Family Indicators Household Income Cash and Investments

AT E D

100

RECEIV

47% Tuition Assistance

Family Scenario Examples

R

S

F

STUDEN

Important Dates

N

T

T

N

Fast Facts

Submit 2020 IRS Form 1040 and all supporting schedules through SSS.

December 15 Deadline to submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com February 8

Deadline to submit 2020 W-2s through SSS

February 15

Re-enrollment contracts released*

March 2 Deadline to submit re-enrollment contract and tuition deposit April 15 Deadline to submit 2020 IRS Form 1040 and all supporting schedules through SSS *Re-enrollment contracts are sent to tuition assistance applicants as soon as their tuition assistance application is complete. All required materials must be completed by December 15 and February 8.


T

$125,000

$275,000

$5,000

$25,000

$55,000

O

Apply See Important Dates

1

T

LION IL

M O N S

D

M

$60,700

$84,900

2020–21 tuition cost

total cost per student

20% 15% 10%

$3,500–$60,700 RANGE OF GRANTS OFFERED

2

Submit 2020 W-2s through SSS.

3

Receive and respond to enrollment offer and tuition assistance package from Woodberry Forest School.

20% 15%

24% 19% 15%

5% 0%

7% <$50k

$50-100k

$100-150k $150-200k $200-250k

>$250k

adjusted gross income

4

Deadline to submit 2020 W-2s through SSS

March 10 Notification of admission decisions; tuition assistance awards sent to families who met the Jan. 15 and Feb. 8 deadlines April 10 Deadline to submit enrollment contract and tuition deposit April 15 Deadline to submit 2020 IRS Form 1040 and all supporting schedules through SSS

RETURNING STUDENTS

25%

Do Not Qualify $34,400 $22,300

Deadline to submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com

FAMILIES RECEIVING TUITION ASSISTANCE

2020–21 TUITION: $60,700 AVERAGE GRANT: $37,345

January 15 Deadline to submit first-round admission application to Woodberry

February 8

EFC*

Submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com.

E

CURRE

O

W

T

O

2020–21

Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $24,200 for each boy.

*These scenarios serve as examples only. A family’s expected contribution (EFC) is based on School and Student Services (SSS) methodology, the information you provide, and the school’s assessment and verification process. Our aim is to assess a family’s ability to pay.

H

D

$50,000

$41,500 $19,800 $15,200

WARDE

Scenario 3 $300,000

$11,500 $5,100 $3,100

7

NEW STUDENTS A

Scenario 2 $200,000

EFC*

E

Scenario 1 $100,000

EFC*

LAR S OL

WOODBERRY SUPPORTS EVERY STUDENT

Estimate of tuition for families who wish to pursue enrollment at Woodberry Forest School:

Attending tuitioncharging institutions 1 child 2 children 3 children

M

farm, car, mortgage, or student loans)

percent

E D

Debt (excluding business,

D

E

(excluding retirementspecific accounts)

E

Family Indicators Household Income Cash and Investments

AT E D

100

RECEIV

47% Tuition Assistance

Family Scenario Examples

R

S

F

STUDEN

Important Dates

N

T

T

N

Fast Facts

Submit 2020 IRS Form 1040 and all supporting schedules through SSS.

December 15 Deadline to submit Parents’ Financial Statement, 2019 IRS Form 1040, and all supporting schedules through School and Student Services (SSS) at solutionsbysss.com February 8

Deadline to submit 2020 W-2s through SSS

February 15

Re-enrollment contracts released*

March 2 Deadline to submit re-enrollment contract and tuition deposit April 15 Deadline to submit 2020 IRS Form 1040 and all supporting schedules through SSS *Re-enrollment contracts are sent to tuition assistance applicants as soon as their tuition assistance application is complete. All required materials must be completed by December 15 and February 8.


Woodberry LEARN MORE AT

Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program.

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.

woodberry.org/tuitionassistance

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Tuition Assistance

G

A

F

R D I F O N


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