Latin School of Chicago

Latin_Viewbook2021

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8 APPROXIMATE FAMILY INCOMES OF FINANCIAL AID RECIPIENTS Please visit our website to see some examples of how financial aid is awarded based on household income and expenses. over $150,000 $0-$74,999 $75,000-$149,999 Affording Latin LOWER SCHOOL (JK-4) .......................... $35,430 Extended Day ............................................. $150 - $6,400 (fees vary depending on number of days and hours) After School Resources (ASR)................. $125 - $240 per session MIDDLE AND UPPER SCHOOL (5-12) ............................ $39,585 Approximate books and supplies .......... $300-$900 Middle school Project Week ................... $0-$1,700* Athletics ....................................................... Costs vary according to sport Project Week .............................................. Costs range from $0 to $3,200 for international travel ALL SCHOOL Parent Association dues .......................... $55-$110 2021–22 Tuition & Fees For a detailed breakdown of the cost of attending Latin, please visit latinschool.org/admissions *Total cost for each student may vary depending on participation in activities, required school supplies and other factors. Support is available for students receiving financial aid. Financial Aid at Latin As a school community, we are committed to making a Latin education possible for families from socioeconomically diverse backgrounds. Latin is proud to be able to award more than $4.5 million in need-based aid annually. The Financial Aid Office strives to assist families for whom the cost of independent school tuition is the only barrier to attendance. Latin has a need-sensitive financial aid policy. This means that all admitted students demonstrating need will be funded, but the number of students needing financial aid who can be admitted is restricted based on our budget. For more information, please visit latinschool.org/admissions. HOW TO APPLY FOR FINANCIAL AID AT LATIN Be prepared. Pull together all of your financial aid documents. If possible, file your income taxes early. Make note of all deadlines. Not adhering to the deadlines may impact your ability to receive an award. Mark the box requesting financial aid on the admissions application, then complete the FAST application online at ismfast.com. Applications for first time applicants are due by January 5, 2022. Complete and submit your federal and state income tax forms. These official documents must be MAILED directly to FAST prior to March 1, 2022: Independent School Management Attn: FAST Processing 1316 N. Union St. Wilmington, DE 19806 SPECIAL CIRCUMSTANCES We often encounter families with unique financial situations. We are happy to answer questions about any special circumstances that could affect your family's ability to pay for the cost of attending Latin. DIVORCED OR SEPARATED PARENTS In cases where parents are divorced or separated, both parents must complete the required financial aid documents regardless of custody arrangements. If parents have remarried, the family contribution must be based on the income and assets of the parent and stepparent. Payment Plans Latin School of Chicago offers families the following school- administered tuition payment plans: ONE-PAYMENT OPTION: Full tuition is due on July 15. TWO-PAYMENT PLAN: Fifty percent of tuition is due on July 15, and the balance is due on November 15. EIGHT-PAYMENT PLAN: Payable between July 15 and February 15. A $150 fee will be assessed. 36% 39% 25% 8

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