EXPENSES AND ASSISTANCE
TUITION, FEES, AND DISCOUNTS
Each year tuition is determined by a membership vote at the January Co-op meeting.
Current Tuition: $19,794
Additional Fees for 2020-2021
Supply Fee (all grades): $300 per year
Earthquake Supplies Kit Fee (new students only): $30 one time
2% discount for making full payment of the year’s tuition before the school year begins. We do not accept credit cards for these payments, and families on financial aid are not eligible.
6% Sibling Discount (applied to second sibling only)
Payment schedule is as follows
10% tuition deposit due at time of enrollment
10% is due on May 1st
10% is due June 1st
The balance is billed in seven equal installments throughout the school year
CRESTMONT SCHOOL FINANCIAL ASSISTANCE
Crestmont’s mission is to create a diverse and accessible community and offers financial assistance to families of varied incomes and financial circumstances that demonstrate financial need. Currently, 65% of Crestmont families pay a reduced tuition. If you are considering Crestmont but you are concerned about tuition, please consider the following financial assistance options.
Crestmont uses the services of School and Student Services for Financial Aid (SSS) of the National Association of Independent Schools to evaluate a family’s financial need. In addition, Crestmont requests that applying families submit a supplementary application.
Financial aid awards are determined solely by the members of the Crestmont Financial Aid Committee. Financial aid decisions are completely independent from admissions decisions. When considering financial aid requests, the committee will take into account the data from SSS and balance it with other factors such as the number of applicants and the amount of aid available. All financial information submitted is held in confidence.
CRESTMONT AID APPLICATION PROCESS
In order to be considered for Crestmont Financial Assistance, both of the following steps must be completed by February 8, 2021. Any applications or documents must be filled out completely, signed, and submitted.
1. Submit online to NAIS the School and Student Services (SSS) Parents’ Financial Statement (PFS). The form is available at sssbynais.org. Crestmont’s school code is 2545.
The following documents must be provided (through the SSS website) by every family applying for aid =:
Parent’s Financial Statement (PFS) from SSS (sss.nais.org)
2019 Federal Income Tax Return
2020 Federal Income Tax Return (due by March 30, 2021)
W-2 forms for 2019
2. Submit Crestmont's Supplemental Financial Aid application.
Letters announcing financial aid awards will be sent along with acceptance letters on Thursday, March 18, 2021.
Still have questions? Contact our Finance and Human Resources Director, Shakira King at email@example.com
OTHER FINANCING OPTIONS
External scholarships are funds provided by community organizations and may be used to supplement school-based financial aid.
The BASIC Fund awards scholarships to low-income families who qualify for the Federal Free or Reduced Price Lunch Program, and are entering private school for the first time. Check their website for application and eligibility details.
Coverdell Tax Break
The Coverdell Education Savings Account provides a tax break for people who send their children to private or religious K-12 schools. Learn more here.