Financial Info
Tuition
Tuition for the 2009-2010 school year is $46,200 for boarders and
$35,575 for day students.
Additional expenses for books, class trips,art fees, and school and athletic supplies range from $150 to $400 per
term. Transportation for boarders is extra, as are optional expenses
for tutoring or music lessons. Once a 10% deposit has been made, families may opt for the two-payment
plan, due in July and November, or the monthly ten-payment plan, due
May 1 through February 1.
Financial Aid
Investing in Your Child's Future
We recognize the cost of an independent education is a considerable
investment for most families. Financial Aid is an essential and often
confusing part of the school search process, but the financial aid
office at Lawrence Academy is committed to assisting parents.
Lawrence Academy subscribes to the School and Student Service (SSS) and
grants aid only on the basis of need. There are no academic merit or
athletic scholarships offered. Approximately 25% of the student body
receive $2.5 million in scholarships and loans. Candidates indicating
an interest in financial aid on the application form receive a Parents'
Financial Statement from the school. To be eligible, recipients must be
in good academic and disciplinary standing.
The Process
Parents complete and submit the Parents' Financial Statement (PFS) to
the School and Student Service by January 15, 2010.
In addition, please send copies of your 2008 1040 tax returns,
including all schedules, directly to Lawrence Academy by January 15,
2010. Send copies of your 2009 1040 tax returns and all schedules
to Lawrence Academy by February 15, 2010. In the case of divorce or
separation, completed forms and tax information must be submitted by
both natural parents. If you own a business, SSS has a supplemental
form which is submitted directly to Lawrence Academy, not to SSS.
Is Financial Aid Separate from Admissions?
Lawrence Academy is committed to making an LA education available to
students regardless of a family's ability to pay. However, before
applying for financial aid, families should examine every possible
funding source available to them. If someone is willing to help you
with the cost of education, it is essential that you report that
information on the PFS. Admissions decisions are conducted separately
from the determination of financial need. Unfortunately, there is not
enough aid to fund every child who meets our admissions standards. The
financial aid committee will assume that if there is not enough
financial aid to meet a family's requested need, that family will not
be able to allocate any additional resources. Under those
circumstances, the committee may offer a place in the student body to
that candidate but with no financial award. Please be aware that it is
Lawrence Academy's expectation that families who begin at Lawrence
Academy paying the full tuition will continue to do so in future years.
