As a school that values community, we work very hard to make GFA affordable. We encourage you to consider the application and financial process in tandem. We consider your child’s admission application without regard to your financial aid status, and financial aid is distributed on a need basis. We consider financial aid to be a critical and important part of partnering with students in an inclusive, innovative, and globally minded community.
100 of the 715 students receive a financial grant
The average grant is $32,000.
The total FA budget is $3.4 million.
Applications are considered without regard to financial aid status.
Gross Household Income for Families Receiving Financial Aid
*Includes lunch, class trips, and instructional materials but not after-school programs
**Includes lunch, class trips, comprehensive college counseling but not books and laptops
Each year all families will be asked to support the ANNUAL FUND. As tuition alone does not cover the full investment GFA makes in each student, the school relies on the Annual Fund to provide 7% of the operating budget each year.
From time to time GFA will conduct a capital campaign. Capital giving funds major strategic objectives, including new facilities, program, and endowment.
Donations to Annual Giving and Capital Campaigns are tax-deductible to the fullest extent allowed by law.
The family has five children. Two of the children attend college, one is applying to ninth grade and there are two younger siblings in public school. The father is employed as a business executive and earns $500,000; the mother is self-employed and earns $40,000. The children attending college will be required to pay $102,000 after their financial aid grant and scholarships are applied to the tuition.
Tuition for grade 9: $45,270
Estimated grant: $10, 270
Family Contribution: $35,000
The family is applying for kindergarten and third grade. The father is a financial planner and earns $80,000. The mother is a graphic designer and earns $60,000. The family owns their own home and has $10,000 in liquid investments and an IRA totaling $95,000.
Tuition for kindergarten: $40,860
Tuition for grade 3: $40,860
Estimated grant: $73,339
Family Contribution: $8,381
The family is applying to seventh and tenth grades. The parents are divorced. The father is a regional manager for a local pharmaceutical company and earns $325,000. The mother has recently remarried, works as an educator, and earns $30,036. The parents have shared custody. Both children are involved in extracurricular activities with fees averaging $5,000.
Tuition for grade 7: $42,900
Tuition for grade 10: $45,270
Estimated grant: $27,610
Family Contribution: $60,561
- Financial Aid Guiding Principles
- How do I apply for a financial aid grant from GFA?
- My taxes will not be completed by the financial aid application deadline. How should I proceed?
- What is the IRS 4506T form?
- I am divorced and my ex-spouse has no responsibility for my child’s education according to the court order.
- I have never applied for financial aid before at an independent school. Do you have any tips or advice?
- If my family receives a financial aid grant, does that mean I will get the grant for the following years as well.
- GFA Admission decisions are need-blind. We consider your child’s application without regard for financial aid, and then make a financial aid decision for those who are admitted.
- In the case that there are not enough funds available to support every accepted applicant, we first award the students we believe will contribute most positively to our student body. Sometimes a financial aid award may not meet a family’s full demonstrated need.
- GFA carefully guards confidentiality of financial aid grants. Only members of the financial aid committee know anything about your financial aid status, and your child will never know if they received a grant, unless you choose to tell them.
- Financial aid awards are reviewed annually on the basis of the family’s current financial status. Typically, if your financial status has not changed, your grant will remain the same.
- In the case of divorced or separated parents, assets of all responsible parties are considered in determining family need.
- Financial Aid is available in Grades K–12. It is not available in PreK.
- If you think you will need a financial aid grant to attend GFA, we would like to hear from you!
To learn more about the application process for financial aid grants, you should follow the link to SSS.
The SSS website has webinars, FAQ and live representatives who can answer your confidential questions about the financial aid application process.
Many families do not complete their IRS1040 tax filing until April 15. There, GFA only requires your IRS W2 and previous tax filing. When you have completed your IRS1040, please upload to your SSS account.
GFA requires all families to complete the IRS form 4506T,
GFA’s policy is that both parents of divorced and/or separated families contribute to the cost of the GFA education, without regard to any additional court adjudication. Parents and step-parents on both sides are required to complete the SSS financial aid application.
If a parent is no longer in the life of a child, the other parent is able to complete an appropriate form that stipulates that the parent is no longer involved in the life of the child. This parent would not be expected to be present at any campus events, including athletic or arts events, or graduation ceremonies.
The SSS site