Financial Aid

What is Financial Aid?
Financial aid is a monetory assistance Scenic Land School provides to reduce educational costs to families. It most often comes in the form of outright grants to families that demonstrate financial need. Need is generally defined as the difference between eductional expense and a family’s ability to pay these expenses. While we wish we could give all families assistance with their child’s education, there is insifficient funds to allow this option. We must evaluate the needs of each family that applies and distribute the available financial aid.

Scenic Land School is making available two new programs to assist families in financial need. The first is the Deferred Tuitiol Loan Program where a portion of the tuition is provided by a loan which will be paid back after the student leaves Scenic Land School. The second is the Work Scholarship Program which allows parents to receive a credit to their tuition account by performing work at the school. Please read on for more details.

Financial Aid
Scenic Land School provides financial assistance to ensure that the students being admitted have a realistic chance to enroll, regardless of their financial circumstances.

The Financial Aid process begins by parents completing the “Parents Financial Statement” and submitting it for processing. Analysis of the information estimates the family’s ability to pay towards schooling.
The amount of aid offered depends on the family’s financial circumstances, the school’s available financial aid funds, and the school’s policies. (Remember, applying for financial aid does not guarantee eligibility.)
If the amount of financial aid awarded, along with the amount parents can pay, is not sufficient to cover tuition, Scenic Land School offers additional options:
• Deferred Tuition Loan Program
• Work Scholarship Program


A combination of all these options may be offered to parents.
Each year the financial information will be reevaluated to determine if financial aid (and/or the other options) will be continued or the amounts changed.

Deferred Tuition Loan Program
The purpose of this program is to establish a revolving tuition loan fund that allows parents to defer repayment until after the student leaves Scenic Land School. The families of many youngsters who need the services of Scenic Land School to become successful in school are unable to manage the cost, even when the school awards maximum financial aid. The revolving tuition loan fund permits families to borrow at low interest the difference between the amount they can afford to pay and the amount remaining to be paid after financial aid is subtracted from the full tuition. The revolving tuition loan fund will be repaid with interest and will permit other youngsters to benefit from the same dollars repeatedly in the future.

Upon signing/approval of the agreement, the amount granted will be applied to the account of the student for the current school year. At the end of the school year the interest for that amount becomes due. If the student remains at Scenic Land School, and another agreement is made, the deferred tuition will continue with the new amount added, and the cycle repeats itself until the student transitions from Scenic Land School. When the student leaves, and the current interest has been paid, the principal will begin to be paid. The total amount of the deferred tuition loan will be paid over the following years equivalent to the number of years the loan was used. During this period of time, no interest will be assessed.

Example: A student was with Scenic Land School for three years and was awarded a deferred tuition loan for $2,000 the first year, $3,000 the second year, and $4,000 the third year for a total of $9,000. The loan was accumulated over three years and will be repaid over the next 36 months in equal payments of 9000/36 or $250 per month.

Work Scholarship Program
This program provides parents of students who receive Financial Aid and a Deferred Tuition Loan, but who still need additional financial assistance, an option to perform work at the school and receive a credit towards tuition. This is a scholarship program where the parents are required to volunteer their time to help with the upkeep of the school. The work scholarship amount awarded at the beginning of the school year will be divided by 10 to determine the number of hours to be worked during the school year. The actual scholarship amount applied will depend upon the hours worked during the previous month. If the number of hours worked during the year are less than that required, the parents must pay the total balance of the tuition for the year.

A staff member will assign work to be performed, maintain a work log, and check the quality of the work being done.

Duties that will be required may include some or all of the following: grass mowing and trimming, gardening, grounds upkeep, small repairs and maintenance, building cleaning (inside and out), painting, office work, answering telephones, library work, taping TV shows, copying for teachers, lunch room monitoring, filing, and many other things.