Tuition for the 2013-2014 school year is $54,750 for boarders and $42,130 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.
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.
Parents complete and submit the Parents' Financial Statement (PFS) to the School and Student Service by January 15. In addition, please send copies of last year's 1040 tax returns, including all schedules, directly to SSS by January 15. Send copies of your current W2s to SSS by February 15. Current 1040 tax returns and all schedules should be sent to SSS by April 15. 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. The address for SSS is:
School and Student ServicesPO Box 449Randolf, MA 02368-0449For overnight mail, use this address:School and Student Services437 Turnpike StreetCanton, Ma 02021
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.