Home Admissions Affordability
We know that choosing an independent school education is an investment of both time and resources. 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 SSS to determine a family’s Indexed Tuition level and ability to pay.
For the 2022-2023 school year, indexed tuition ranges from $1,650 to $32,800 at the top of the index in the lower school (K-5) and $34,400 at the top of the index in middle school (6-8). Our tuition indexing program helps ensure that students from a wide range of socio-economic backgrounds can afford to attend Park Day. Typically about 40% of Park Day families pay below the top of the index.
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), and 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.
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SSS Webinar for Parents: How to Apply for Indexed Tuition
Prospective and returning families who would like to apply to pay tuition below the top of the index should complete the SSS application by the due dates listed below. SSS charges a non-refundable $55 fee to submit the application; those who qualify for a fee waiver will automatically be granted one upon submission of the SSS application.
Review the SSS overview carefully to learn more about information needed on the Indexed Tuition application. You will need detailed information from your most recent 1040, and also information about assets, debts, and monthly expenses.
All Park Day School tuition indexing is based on demonstrated ability to pay tuition at a level that works for your family. Park Day does not give scholarships for special talents nor academic merit. Although annual income is a significant consideration in the calculation of tuition amount, many other factors figure in the decision-making process, including the number of children attending tuition charging schools, other family dependents, assets and net worth, and unusual expenses.
Contact 800-344-8328 or SSSandTADSFA@communitybrands.com for questions about completing the Indexed Tuition application. All other questions, contact firstname.lastname@example.org or 510-653-0317 x101. School & Student Services by NAIS (SSS) has a comprehensive website with excellent resources for parents which we suggest you review prior to beginning the application.
All current and prospective Park Day School families may apply for the tuition indexing program, regardless of their grade level or whether they are currently paying at the top of the index or below it.
No. Indexed Tuition is assessed separately from admissions decisions. Once admission decisions have been made the Indexed Tuition Committee assesses tuition levels based on income, assets, debts, etc. of those being offered enrollment.
Yes. Tuition levels are set for one academic year. Because a family’s financial circumstances may change over time, we require all participants in the tuition indexing program to reapply each year. A family whose financial situation remains relatively unchanged can generally expect to pay the same percentage of tuition (as compared to the top of the index) every year. For current Park Day School families, participating in the tuition indexing program is contingent upon payment of the prior year’s account.
When a family accepts an enrollment contract to pay tuition at the top of the index, this communicates that the family will be capable of covering all educational costs for the upcoming year and the foreseeable future. The school’s Indexed Tuition budget is managed accordingly and commits its limited indexing funds to other families. Although Park Day maintains modest emergency funds for families that request an unexpected transition into the tuition indexing program subsequent to admission, those funds are strictly reserved for families that encounter significant financial reversals after matriculation.
Indexed Tuition applications are only reviewed by the Indexed Tuition Committee. The school safeguards the confidentiality of the indexing assessment process, records, and decisions while respecting the right of each family to discuss its own tuition level in an appropriate manner.
For new students, Indexed Tuition amounts are communicated with admission decisions in March. Current Park Day families receive Indexed Tuition amounts for the following year with their re-enrollment contracts in February.
Tuition covers most school expenses including morning care, field trips, books and supplies. Families who are paying Indexed Tuition of 60% or less receive additional fee adjustments for the After School Activities Program (ASAP) and for sports fees.
Log into the SSS Family Portal, open the My Documents tab, and use the specific “Upload” button for each document type required. If you have questions, please reach out to our SSS customer support at (800) 344-8328 for assistance.
Support for the tuition indexing program comes directly from the school’s budget. There are a few Bay Area organizations that may offer small amounts of tuition support.
Guardsmen Scholarship Fund
Independent Scholarship Fund
(510) 632-1366 x144
To promote a fair and equitable process, each parent is required to submit a separate and complete Parent Financial Statement through SSS when the parents maintain separate households. If the student’s parents do not live together, whether separated, divorced, or never married, each should complete a Parents’ Financial Statement (PFS) that is reflective of his or her own household and financial picture.
If one parents has remarried, the stepparent information should be included in the PFS as well, since the stepparent is a contributing member to supporting the household’s needs. Park Day School determines the ability to pay that each household exhibits and Indexed Tuition amounts are based on the combined determination.
If the non-custodial parent has little or no contact with their child for a significant period of time, and provides no financial support, the requirement may be waived. In such cases, the school requires a written statement about the parent’s absence from a non-family member (such as a family lawyer, clergyperson, social worker, or school official) who is aware of the family situation.
If the non-custodial parent is providing financial support and/or is in contact with their child, Park Day School requires their participation in the tuition indexing process. Indexed Tuition is determined by parents’ ability to pay, not by their willingness.
In order for the school to treat families with stay-at-home parents equitably compared to families in which all parents work outside the home, Park Day School attributes a small income for stay-at-home parents to the Indexed Tuition calculations.
Exceptions to this policy may occur if a parent is caring for a child not yet of school age, a child with a disability, a seriously ill child, parent, or grandparent or if a parent is disabled and cannot work. Please inform the Indexed Tuition Committee in writing of these circumstances at the time of your initial application.
Park Day School relies on School and Student Services (SSS), supporting documents, and our Indexed Tuition policies to determine each applicant’s tuition indexing level. Many factors are considered when determining a grant amount, including income, assets, liabilities, family size, tuition obligations, and more. While Park Day School has a generous Indexed Tuition program, each year we receive requests in excess of available funds. Funding for the Indexed Tuition program is 100% school-based; Park Day School receives no government funding.
Please contact (800) 344-8328 or email@example.com for any questions about completing the Indexed Tuition application (your PFS), or uploading documents. If you have any questions related to process, policies, or admissions, please contact firstname.lastname@example.org or 510-653-0317 x101.