The school has an active financial aid program to support the goal of maintaining a socioeconomically diverse student body.
Grants based on financial need are awarded to children in Kindergarten and above whose families cannot otherwise afford tuition and fees. (Financial aid is not available in Preschool or Pre-Kindergarten.) On average 14 percent of the current students in these grades receive some amount of financial aid. Grant amounts vary depending on the need of the family, although all families pay some portion of tuition and fees. Aid is available to approximately 15 newly admitted students per year. Grants generally range from $2,000 to $34,000 with an average grant of $24,000. Any family entering WIS as full-pay will remain full pay unless a significant change in circumstances can be established through the SSS process, and if requested, after submitting additional tax forms.
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 common for the financial need of newly admitted students to exceed the limits of the School’s resources. In such instances, financial aid cannot be available for all admitted students who qualify for assistance. It is particularly important, therefore, that families requesting financial aid should apply to other schools at the same time as they apply to WIS.
Financial information submitted by parents is kept strictly confidential, and the names of financial aid recipients are disclosed only to specified administrators and, when necessary, teachers overseeing the finances of certain class trips or other activities, or when other costs are incurred which the School might cover as part of its financial aid award.
Financial Aid Process
WIS uses School and Student Services (SSS) of the National Association of Independent Schools (NAIS) to process our financial aid applications. Families requesting aid should note that the first financial aid deadline is January 15, 2017. By this date, families must have completed a SSS Parent Financial Statement (PFS) online at http://sssbynais.org/parents.
The following documents must be received by SSS by February 5:
- A copy of your 2015 federal tax returns (1040 and all related schedules; those running a business or farm must also submit the relevant statements)
- A copy of your 2015 and 2016 W-2 and/or 1099 forms
- The Financial Aid Supplemental Information Form must be completed by all families applying for Financial Aid.
By April 20, 2017 Federal Tax returns (including all schedules) must be submitted to SSS by NAIS at (http://sssbynais.org/parents).