Affordability

Affordability

The Indexed Tuition program helps ensure that a Park Day education is accessible to families from a wide range of socioeconomic backgrounds. Indexing levels are determined via the optional Clarity application. Each year the school dedicates $3.2 milion (23% of operating budget) to the indexing program, making it possible for families to attend school with a tuition level that meets their financial circumstances.

Indexed Tuition Application

Park Day School uses the Clarity Application to determine a family’s Indexed Tuition level and ability to pay. Since its founding in 1976, Park Day School has always been grounded in equity, access, and social justice. Socioeconomic diversity is a cornerstone of all that we do. Every family who attends Park Day School has the opportunity to enroll with a tuition level that fits their financial circumstances through the Indexed Tuition program.

Families may choose to pay tuition in 1 payment, 2 payments, or select an extended payment plan that runs April – December. There is a one-time New Student Enrollment Fee of $1,100, adjusted by indexing. For families enrolling more than one student, the fee is charged only for one child; enrollment fees for additional siblings are waived.

How Indexed Tuition works at Park Day:

To view a longer Indexed Tuition 101 video including tips for completing the Clarity application, look for the private-link video posted in Ravenna in the Indexed Tuition section.

Indexed Tuition FAQs

Indexed Tuition applications are due for priority review on Jan 16, 2026 for new applicants (Dec 1, 2025 for current families). Please note that families who meet a certain income threshold will automatically have their Clarity fee waived (as determined by the Clarity program). Park Day has access to a limited number of additional fee waivers that are distributed on request until they are fully allocated. Fee waivers are typically fully allocated by mid-December.