Affordability

How Indexed Tuition works at Park Day:

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Submitting an Indexed Tuition Application

We know that choosing an independent school education is an investment of both time and resources. Annual indexed tuition ranges are as follows, and families may choose to pay annually in 1, 2, or 10 installments.

  • Tuition ranges from $1,650 to $32,800 (top of the index) in K-5 lower school.
  • Tuition ranges from $1,720 to $34,400 (top of the index) in 6-8 middle school.
  • Typically about 40% of Park Day families apply and qualify for the indexed tuition program, which results in a tuition level that falls below the top of the index.

Every family who attends Park Day School has the opportunity to enroll with a tuition level that fits their financial circumstances. Park Day School uses the Clarity Application to determine a family’s Indexed Tuition level and ability to pay.


THE CLARITY APPLICATION OPENS OCT. 1, 2022

  • To get started, please go to the Clarity Application and create an account.
  • The application typically takes less than 30 minutes to complete. The Clarity Application is mobile-friendly and you can complete it from anywhere. You are also able to save your progress and return at any time.
  • At the end of the application, there is a $55 fee to submit; you can share your application with additional schools that accept the Clarity Application for no additional charge. Note: If you have already submitted and paid for an SSS application for another school, contact admissions@parkdayschool.org if a waiver code would be helpful.
  • Please remember to return to your dashboard after you complete and submit your Clarity Application, as Park Day School requires you to upload additional tax documentation.    

REQUIRED TAX DOCUMENTATION
Due Jan 17 (applicants) or Dec 5 (returning families) unless otherwise indicated below

  • Form 1040: 2021 signed, including schedules
  • Other Forms: Shareholder documentation for S-Corporations or Schedule E Partnership documentation along with corresponding K-1s, 1120s, and/or Form 1065
  • Form W2: 2022  due Feb 15
  • Form 1040: 2022 signed, including schedules ,due May 1 for all enrolling families

If you need support during the application process, there is in-app support available and email support at support@claritytuition.com (available in both English and Spanish). Our admissions office is here to help as well.

HELPFUL FACTS:

  • Tuition for the upcoming school year is set by the Board of Trustees annually in January (tuition generally increases between 3.5% and 6.5% annually)
  • Families must apply for Indexed Tuition each year.
  • As long as a family’s financial circumstances remain significantly unchanged from year to year, families can generally expect to pay within their same Indexed Tuition range annually.
  • Frequently asked questions about the tuition indexing program are answered below. Please scroll down.

Frequently Asked Questions