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Financial Aid

In order to apply and be considered for financial assistance, the Parents’ Financial Statement (PFS) must be completed and submitted to the School and Student Service for Financial Aid (SSS) by January 31, 2018.

1. Login

School and Student Service for Financial Aid (SSS) will open the 2018-2019 Financial Aid Application on Monday, October 2, 2017.

Please visit the SSS website to begin the Parents' Financial Statement (PFS)

You will need to create a username and password for access to the SSS Family Portal.

The school code for Lawrence Academy is 4552.

2. Application

The Financial Aid Application requires submission of the following items to SSS:

  • Parents’ Financial Statement (PFS)
  • Federal Tax Return with all supporting schedules – 2016 & 2017
  • W2’s – 2016 & 2017

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3. Complete

The Financial Aid Application will be complete once all documents are received.

The PFS must be completed and submitted to the School and SSS by January 31, 2018.

Financial Aid awards will be posted on the Reservation Agreement of accepted students on March 10.

Please Note: For a full breakdown of LA's financial aid policies and procedures please download our Financial Aid Brochure.

FAQ 

Frequently asked questions about the admissions process...

1.) What is financial aid?

Financial aid is funding formulated on the basis of need and intended to decrease tuition costs for education. All students who receive financial aid are awarded due to demonstrated need according to School and Student Services for Financial Aid (SSS).

2.) Who is eligible to apply for financial aid?

Anyone may apply for financial aid. For the 2017-18 academic year, Lawrence Academy awarded $4.7 million in financial aid to 128 students.

3.) How do I apply for financial aid?

Please visit our Apply to LA page for detailed instructions on the admissions process.

4.) It’s my first time filling out a PFS, who can I speak to for clarification?

If you have any questions as you complete the PFS, please contact SSS customer service at (800) 344-8328. You may also review The SSS Family Guide to Financial Aid.

5.) Does Lawrence Academy offer scholarships?

No. We do not offer academic merit or athletic scholarships. All financial aid is awarded due to demonstrated need. 

6.) Will applying for financial aid affect my child’s chances for admission?

All families who need aid should apply. If you are unsure, you should apply. Admissions applications are read without regard to a family’s financial situation, and a candidate’s request for financial aid does not affect his or her chances for admission. 

7.) What happens if we are late to submit the financial aid application?

If you are unable to meet the January 31 deadline, please contact the Director of Financial Aid at (978) 448-1520. As the Financial Aid Committee at Lawrence Academy will be evaluating aid requests in early February, it is imperative that families submit all requested paperwork according to the deadlines.

8.) How are financial aid decisions made?

The Financial Aid Committee utilizes the information provided by SSS as a guideline in determining financial aid awards. We receive many requests for aid and unfortunately are not able to make awards to all applicants, nor will we be able to meet each family’s demonstrated need for those we are able to support.

9.) If my child is admitted but not awarded aid, might we receive aid the following year?

Lawrence Academy expects families who don’t receive financial aid upon initial enrollment to continue to pay tuition in full. There is little chance that a student enrolling without aid would be awarded aid in any subsequent year, without significant changes in that family’s financial circumstances.

10.) Must I reapply for aid next year?

Families are required to reapply for financial aid each year by submitting the PFS and current year’s tax return.

 

11.) What payment plans are available?

Two Payments: Due July 1 & October 1
Monthly Payment Plan: Nine monthly payments beginning May 1

12.) What is the policy for divorced, separated, or never married parents?

We request that both natural parents complete the PFS and submit completed tax forms to SSS.

13.) What if one or both parents are self-employed or own a business?

It is required that families who own farms or businesses complete the PFS and include all necessary documents in addition to the tax return.

14.) Is financial aid available for International Candidates?

There is limited funding available for applicants who are not American citizens or legal permanent residents of the United States.
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