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Admissions >  Affordability >  Tuition and Financial Aid > 

Tuition and Financial Aid at Norfolk Collegiate School    
Norfolk Collegiate School seeks and enrolls students and families that reflect our community, our region and the world. Our mission is to attract and enroll a qualified and diverse population of students who will be successful at Norfolk Collegiate.

An independent school education not only meets your child’s needs today, but also prepares your child for the future. There is no better investment, and a Norfolk Collegiate education is affordable. Payment plans include a single payment, two payment and 12 payment options. Tuition assistance is essential for many families, and need-based financial aid is available. The 2014–15 financial aid distribution below will help you understand Norfolk Collegiate’s commitment to financial aid.
The financial aid program at Norfolk Collegiate School provides students an opportunity for a quality education. The program also provides our school community with a well-qualified student body reflecting a broad social and economic community. The ability to pay full tuition is not a deciding factor in determining whether or not a promising young person may attend our school.
 

 
Financial Aid Policy
While the primary responsibility for financing a student's independent school education rests with the family, Norfolk Collegiate has limited funds available for need-based financial aid. A financial aid decision and an admission decision are made separately. A student applies for admission before filing for financial assistance; there is a separate non-refundable admissions fee.

Norfolk Collegiate School is committed to making assistance available to as many eligible applicants as possible. Thus the availability of school resources, the number of qualified applicants, and overall budgetary constraints will impact financial assistance decisions as will the timing of the financial aid application submission. It is important to meet the application submission deadline of March 1 because the majority of budgeted financial aid is awarded in March.
 
 
Norfolk Collegiate Financial Aid Statistics (2014-15)
 Income Awards Percentage of Awards Amount Awarded  Percentage of Amount Awarded Average Awarded
 $0-$50,000 34 20.5% $339,853 26.5% $9,996 
 $50,001-$100,000 72 43.4% $580,560 45.2% $8,063
 $100,001-$150,000 43 25.9% $308,053 24% $7,164
 More than $150,000 17 10.2% 54,760 4.3% $3,221
 Totals: 166   $1,283,226   $7,730
  
To allocate our resources impartially, we have enlisted the help of Independent School Management's FAST (Financial Aid for School Tuition) program. The FAST program does not decide whether financial assistance will be given or how much to give; the FAST program provides a need-based financial aid analysis service. Norfolk Collegiate School is provided with a confidential report, which includes a recommendation of what a family should reasonably contribute toward tuition. All information received from FAST is kept confidential. Applications are reviewed by a Financial Aid Committee comprised of school administrators. Based on the committee's decision, the amount of assistance awarded to each financial aid recipient is within the limits of the financial aid budget of Norfolk Collegiate School.
 
Application for financial aid is through the FAST system provided by the Independent School Management (ISM). The application is web-based, and Norfolk Collegiate's account can be accessed here
 
 
2015-16 Tuition Schedule
 
 
Grade
2015-16
Base
Tuition

 
 
Fees
 
2015-16
Tuition
$14,650 $350 $15,000
1-3  $15,150 $350 $15,500
4-5  $16,150 $350 $16,500
6-8  $17,150 $350 $17,500
9-12  $17,900 $400 $18,300
Fees include registration fee of $200,
which becomes an enrollment deposit
applied to tuition & activity fee of$150
for grades K-8 and $200 for grades 9-12.
 

 
How to Apply for Financial Aid
1. Complete the Norfolk Collegiate Financial Aid Interest Form. Each student’s family, whether currently enrolled or a new applicant to our school, must submit all required forms annually to the Business Office.

2. Access the FAST Program website specifically for Norfolk Collegiate School applicants. To proceed, click the Get Started button at the bottom of the first page. All your financial information should be entered directly through their secure server. Space is also provided to fill out additional information that may be pertinent to your application. Please complete the Checklist for Documents Needed and mail all documents directly to FAST processing. Be sure to include your completed 2014 federal tax return 1040 and state tax return.

3. There will be a non-refundable fee of $41 required to process this application. Payment may be made by MasterCard or VISA. Once completed, the application will be available immediately for the Financial Aid Committee’s review. You may be contacted by the Business Office if additional information is needed.

4. The primary responsibility for financing a student’s education rests with the family. Both parents are expected to contribute to tuition. If a parent chooses not to work, Norfolk Collegiate School imputes an annual income for a non-working parent. Norfolk Collegiate School believes a family should invest in their child’s education before elective expenses, for example, secondary home ownership, club memberships, and expensive car leases/purchases.

5. In the case of divorce or separation, Norfolk Collegiate School requires both parents to file an application for financial assistance. Norfolk Collegiate School is not bound by any divorce agreement specifying a parent’s responsibility for educational expenses.

6. For additional information, please download our Checklist of Documents Needed for Financial Aid Document.

All financial information is held in strict confidence and is reviewed only by those directly responsible for determining need. Admission to the school is independent of need, and a family is informed of any award only after admission to the school has been offered. For more information about financial aid at Norfolk Collegiate School, please contact the admissions office at admissions@norfolkcollegiate.org or 757.480.1495. 
 
 

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