Fay School has announced that it will increase its financial aid budget by 33% for the 2011-2012 school year.

 

“Our expanded commitment to financial aid is part of the school’s ongoing efforts to make a Fay education available to a larger pool of qualified students, regardless of need,” explains Beth Whitney, Director of Admission.

 

Fay’s Board of Trustees has supplemented the school’s financial aid budget in each of the past two years, allocating temporary increases in response to the economic downturn. At its winter meeting in January, the Board approved a permanent increase of 33%. In particular, the trustees’ decision significantly expands the amount of tuition assistance available to students in Fay’s new Primary School, which includes Pre-Kindergarten through grade two.

 

“Fay’s increased commitment to tuition assistance demonstrates our belief that financial need should not be a barrier for qualified students,” Whitney says.

 

A portion of the new funding is earmarked for students in the local community. Fay’s new “Southborough Scholars” program makes financial aid available to students from Pre-Kindergarten through ninth grade. “This new program enables us to commit to meeting the full demonstrated financial need of every Southborough resident who is admitted to the school,” Whitney says.

 

Click here to learn more about tuition assistance at Fay School.