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2010/2011 Financial Aid,
The Magellan International School is committed to ensuring socio-economic diversity in its student body and has instituted a need based Financial Aid program to support this goal. Financial Aid is awarded to children whose families cannot otherwise afford to pay the full school tuition. Award amounts vary depending on the need of the family.
Financial need is not taken into account when applicants are being considered for admission. The School intends to offer aid to every accepted student who demonstrates financial need. However, because financial considerations are not a factor in admissions, it is expected that the financial need of newly admitted students will exceed the limits of the School’s Financial Aid Budget. Families who decide not to attend MIS because of an insufficient Financial Aid award will be reimbursed their tuition deposit in full.
Financial information submitted by parents is kept strictly confidential, and the names of Financial Aid recipients are disclosed only to specified administrators and only when necessary.
Applying for Financial Aid
MIS has partnered with FACTS Grant & Aid Assesment to manage the Financial Aid assesment process. The FACTS Grant & Aid Assessment program is being used in schools throughout the nation and their analysis assists our own Financial Aid Committee in this important process.
To apply for Financial Aid families must use the FACTS Grant & Aid Assesment system on-line. FACTS will mail families a confirmation letter to acknowledge that they have received the application/documentation and will also send a reminder letter if they have not received the supporting documentation. Once all information is received by FACTS, FACTS will review the application and financial information and make a recommendation to MIS regarding the amount of assistance, if any, that should be granted to the applicant family. MIS then considers the FACTS recommendation in light of its own Financial Aid Budget and makes a final decision on the award amount, if any. It is important to remember that FACTS does not make the award decision. It simply provides MIS with a recommended award amount based on the family's particular financial situation.
MIS will notify parents of the Financial Aid award, if any, within 2-3 weeks after FACTS has received the Financial Aid application and supporting documentation.
Deadline to apply for Financial Aid for the 2010/2011 school year:
JULY 1, 2010
Applications received after this date will considered subject to budget availability only.
Non-Discrimination Policy
The Magellan International School admits students of any race, color, national, and ethnic origin to all the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national, and ethnic origin in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other school-administered programs.
