Coed, independent, PK-12th grade school in St. Petersburg, Florida.

Frequently Asked Questions regarding tuition

Please click on a Frequently Asked Question to view an answer.

List of 15 frequently asked questions.

  • Q. How do I apply for financial aid?

    An Admissions Officer may advise whether or not aid is available in a particular grade, though we cannot make any firm aid offers without a complete financial aid application in SSS. Apply online at http://sssbynais.org/parents/apply/ to complete the Parents' Financial Statement (PFS) at any time from October 24, 2016 to January 31, 2017.

    You will need your 2015 tax return and 2016 W-2. If you have not yet filed your taxes for the year in question, use previous year tax returns or estimates. If you have received income for something, yet you do not have documentation for that income, it is acceptable to enter your best estimate of the amount. Click here for a detailed worksheet to guide you through the application process.

    Please keep a copy of your completed PFS for your records.
  • Q. When is the financial aid application due and how are the funds distributed?

    Shorecrest will accept financial aid applications through SSS beginning October 24, 2016 until January 31, 2017. If your information is not submitted by January 31, 2017, you may not be considered for aid for the 2017-18 school year.

    After your Parents' Financial Statement (PFS) has been received and processed, you can view your Family Report in the Parents' Financial Statement Online. The Family Report shows you how SSS estimates the amount your family can contribute to educational expenses (your "Estimated Family Contribution"). Reviewing the Family report can help you understand the information that Shorecrest has to work with as our committee makes financial aid decisions.

    Shorecrest then awards tuition assistance based on your family’s estimated need from SSS, the school’s current financial aid budget and the overall enrollment of the school. 
    Financial aid dollars are prioritized for families with children entering in Middle and Upper School (5th-12th grades).

    Shorecrest's Flexible Tuition Program Committee determines awards in March.
    You will receive a letter in the mail notifying you whether or not your family received aid and, if so, your total award amount for the 2017-18 school year.

    Please note, families must submit a complete application for enrollment before they are considered for financial aid.  
  • Q. Is a business tax return required from parents who own their own business?

    Yes - if you are a business owner you will be asked for financial information about your business in the financial aid application. Just like for personal financial information, if you have not yet filed your taxes for the year in question, use previous year tax returns or estimates. If you have received income for something, yet you do not have documentation for that income, it is acceptable to enter your best estimate of the amount. Click here for a detailed worksheet to guide you through the application process.
  • Q. How is financial aid qualification determined? How much can I expect to receive?

    To help us objectively assess what a family is able to contribute to education expenses, we use School and Student Services (SSS by NAIS) as a trusted third party. The SSS analysis of a family’s "Estimated Family Contribution” (i.e. what you may be expected to pay) is a critical component of our Flexible Tuition program decision. However, to make our final Flexible Tuition program award decisions, we use the SSS figures as the baseline for our own additional review, taking into consideration our total Flexible Tuition program budget, other information we may have collected, our school’s policies and priorities, and the needs of our entire applicant pool.

    Shorecrest is not always able to offer families the full award for which they qualify. Of the families who qualify and receive aid, the average award ranges from $6,000-$12,000 depending on the student’s entry grade, family ability to pay, and the overall financial aid budget. Financial aid dollars are prioritized for families with children entering Middle and Upper School (5th-12th grades.)

    View sample case studies from SSS showing different financial aid packages families might receive.

  • Q. If it is determined that our family has need, will I receive financial assistance with tuition?

    If your child has been admitted to Shorecrest and SSS has identified your family as demonstrating need, our committee will do its best to meet as much of that need as possible. Unfortunately, we do not have the resources to offer the Shorecrest Flexible Tuition Program to every student who qualifies for both admission and a reduced tuition. A student may be admitted to the school but wait-listed for the Flexible Tuition discount. The sooner you apply the sooner the Flexible Tuition Committee can review your complete application. Award notifications go out in March. Additionally, Shorecrest participates in other need-based award programs that may help supplement tuition further. Please see our Affording Shorecrest page for more information. 
     
  • Q. Does Shorecrest offer full scholarships if need is determined?

    Shorecrest is able to offer full tuition scholarships on a very limited basis.
    • Trustees Scholarships - Awarded to exceptional students in 6th-12th grades who meet and maintain the highest academic standards and qualify for full financial need.
    • Prep to Prep Scholarship - Open exclusively to students from Academy Prep.
  • Q. Is there a cost to apply for Tuition Assistance?

    Yes. SSS charges a $48 fee to process an application. In some instances your family may qualify for a need-based fee waiver. If your family’s need qualifies for the waiver, it will be applied automatically -you simply won’t be asked to submit payment. Click here for more details on the SSS fee waiver program.
  • Q. I'm not sure if I earn too much money to receive financial aid. Should I apply?

    Many families who might not expect to be eligible for total financial support still qualify for a tuition break. We encourage all families who are interested in the Flexible Tuition Program to submit an application. The only cost to apply is a little bit of time and the $48 application fee to SSS. Application for financial aid has no bearing on admissions decisions.
  • Q. Who is responsible for completing the PFS in the case of divorced or separated parents?

    Both custodial and non-custodial parents (regardless of legal settlements) who are divorced, separated, or never married are required to submit the Parent Financial Statement (PFS). You can find a detailed information about divorced/separated parents online here (page 4). In exceptional cases where one parent cannot comply, the custodial parent should submit an explanation in the “Other Considerations” section at the end of the online application.
  • Q. When will we be notified if we have received an award?

    Once SSS has received and processed your completed application, you will be notified of your Estimated Family Contribution - the amount SSS estimates your family can afford for tuition. This happens shortly after you submit your completed application. You will be notified in March of your award amount from Shorecrest.*

    *Depending on the number of applicants, financial aid budget and other factors, Shorecrest is not always able to meet 100% of need.
  • Q. What plans are available for those who do not qualify for assistance?

    SSS uses a comprehensive analysis of a family’s financial situation to determine the Estimated Family Contribution. Often times families who have applied but do not qualify for aid are able to re-prioritize some of their financial obligations in order to enroll a child or children at Shorecrest. To find out about need-based scholarships from external organizations, loan programs or payment options, visit the Affording Shorecrest page of our website.
  • Q. Will applying for financial aid affect the admission decision?

    An application for the Shorecrest Flexible Tuition Program does not affect a student’s
    admission selection. All admissions decisions are made based on the quality of the candidates and the availability of space in the grade to which the child is applying. Unfortunately, we do not have the resources to offer the Shorecrest Flexible Tuition Program to every student who qualifies for both admission and a reduced tuition. A student may be admitted to the school but wait-listed for the Flexible Tuition discount. While all award notifications go out in March, families interested in financial aid are strongly encouraged to apply as soon as possible. The deadline for tuition assistance for the 2017-18 school year is January 31, 2017.
  • Q. If we do not receive financial aid in our child's first year, is there a chance we might get it in subsequent years?

    Yes. Financial aid awards are assessed annually and may be subject to change based on your family’s financial circumstances, the overall enrollment of the school and other factors. All families, even those who did not previously qualify, are strongly encouraged to reapply for aid annually.
  • Q. Will our award change from one year to the next?

    Possibly. Financial aid awards are assessed annually and may be subject to change based on your family’s financial circumstances, the overall enrollment of the school and other factors. Families who are interested in financial aid must apply for it each year. 
  • Q. What if we have special circumstances that we feel the financial aid committee should take into consideration?

    Within your financial aid application in SSS, there is an area called “Other Considerations” in the final section of the application. This is the single best way to communicate any extenuating or special circumstances around your family’s finances and ability to pay for Shorecrest. Submitting that information through SSS ensures that all members of the Flexible Tuition Committee at Shorecrest become aware of your family’s particular circumstances.

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School Information

Shorecrest Preparatory School
5101 First Street Northeast
St Petersburg, FL 33703
Phone: (727) 522-2111  |  Fax: (727) 527-4191

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Shorecrest Preparatory School is a private, non-sectarian, coeducational, college preparatory day school for students preschool through high school, located in St. Petersburg, Florida.