Admissions

Tuition & Financial Aid

Financial Aid Application

Investing in an independent school education is an important decision that requires planning and consideration. At Poly Prep, we understand family concerns about affordability and are here to assist you as you plan your child’s educational journey.

We also offer three options for tuition payment so families can choose the one that works best for their budgeting.

Financial Aid is meaningful at Poly, and helps us to build the diverse, exciting, and multi-perspective school we love. We have an $8.5 million budget, one of the most generous of independent schools in Brooklyn and we are committed to meeting family needs. Applicants interested in applying for aid must do so at the same time they apply for admission. Because of our program, achieving a best in class education for students from Kindergarten – 12th grade, who could not otherwise afford it, is within reach. Approximately 25% of the student body, school wide, currently receives some form of Poly financial aid. Have questions? Please check out our FAQs about Tuition and Financial Aid.

2018-19 Tuition & Fees

Grades Tuition Tuition 
Insurance
Total Tuition & Fees Deposit Balance
Nursery: 5 Mornings $26,250 $158 $26,408 $3,000 $23,408
Nursery: 5 Full Days $39,900 $239 $40,139 $6,000 $34,139
Pre-Kindergarten $39,900 $239 $40,139 $6,000 $38,566
Kindergarten to GRADE 4 $44,300 $266 $44,566 $6,000 $38,566
GRADE 5 to GRADE 11
$46,035 $276 $46,311 $6,000 $40,311
GRADE 12
$47,085 $282 $47,367 $6,000 $41,367

An additional $200.00 Registration Fee is required for new Middle and Upper School students. Find out more about Tuition Payment Options

Financial Aid Application

  • Poly Prep requires utilizes the Tuition Aid Data Service (TADS) application for financial aid for all families requesting consideration for need-based financial assistance and only accepts online financial aid applications.
  • PLEASE NOTE: Applicants must mail all supporting documents directly to TADS.
  • For more information about TADS and to set up an account, please visit www.tads.com.
Download:
TADS Financial Aid Worksheet


Apply Online:
TADS Financial Aid Application

Financial Aid Deadlines

  • CURRENT FAMILIES: For families who are currently enrolled at Poly Prep and would like to renew their financial aid, the application deadline is Monday, December 3, 2018. 
  • NEW APPLICANTS: For new applicants to Poly Prep who are interested in applying for financial aid, the deadline for submission of Poly Prep's financial aid application is Monday, December 31, 2018.

Financial Aid FAQs

List of 12 items.

  • 1. What is included in tuition at Poly Prep?

    Tuition payments at Poly Prep include the following: all textbooks, all technology devices in Lower and Middle School, all after-school clubs, activities and athletics on the Dyker Heights campus, bus service to and from Dyker Heights campus, daily snack in Nursery, PreK and K, all athletic uniforms, all grade-wide field trips.
  • 2. What is included in a financial aid award?

    A financial aid award will include discounted tuition and occasionally will include a discounted lunch fee. Also included with a financial aid award are: discounted after-school programs in the Lower School, discounted international and domestic travel, and depending on need: discounted music lessons, discounted one-on-one SAT prep and tutoring, discounted college visits, discounted summer math courses, and discounted graphing calculators and technology devices.
  • 3. Should I apply for financial aid?

    If you would not be able to enroll at Poly Prep without financial assistance, we encourage you to complete the financial aid application.  Financial aid is available in Kindergarten to Grade 12.  
  • 4. When will I be notified regarding financial aid and what is included in my financial aid award?

    Families who have applied for financial aid will be notified in February as part of their admissions notification.  
  • 5. Will my family qualify for financial aid?

    Unfortunately, until the application for financial aid is submitted we are not able to take a guess at the level of financial aid that a family will qualify to receive.  Currently, 93% of families who receive financial aid have a combined household income between $0 and $298,000.  Income is just one out of many considered factors. TADS will extensively gather income, asset, and liability data to determine your family’s need.
  • 6. How does Poly Prep make financial aid decisions?

    Poly’s Financial Aid Committee reviews all financial aid applications in January and makes financial award decisions annually. While our financial aid is need-based, Poly considers merit when selecting from among those who qualify for need-based aid.

    We have a large number of qualified applicants in need of financial aid. While Poly’s budget for financial assistance is quite substantial, we are not able to meet the financial needs of all qualified applicants. The Financial Aid Committee reviews the files of those students who have been deemed admissible, and whose families show demonstrated need for assistance, and selects the most qualified students to receive financial aid packages.
     
    Parents should not be discouraged from applying to Poly for their children because of cost, but the school strongly recommends parents consider a range of educational opportunities to avoid possible disappointment due to limited resources.
  • 7. How do I apply for financial aid at Poly Prep?

    Poly Prep requires the Tuition Aid Data Service (TADS) (www.tads.com) application for financial aid for all families requesting consideration for need- based financial assistance.

    The deadline for submission of the financial aid application is January 6, 2017. 

    Poly Prep only accepts online financial aid applications, and applicants must mail all supporting documents directly to TADS.

    For more information about TADS, please visit 
    www.tads.com.
  • 8. Is there a fee for TADS?

    The TADS application fee is $34. If you cannot afford the fee, please contact Ellen Kinnane, Financial Aid Coordinator, at (718) 836-9800 ext. 3180.
  • 9. How does divorce or separation affect the financial aid process?

    Poly Prep requires that both parents contribute to the cost of education to the extent of their ability. The non-custodial parent must complete a TADS application, as well. Complete confidentiality is ensured. The cooperation of all parents is required before Poly will consider granting financial aid to a candidate. If the non-custodial parent has no contact with the student applicant and his/her whereabouts are unknown, Poly requires a letter from an attorney or cleric confirming the absence of the parent.
  • 10. If I receive an award for my child for the coming year, can I expect to receive it every year?

    Families receiving aid must reapply annually. Once assistance has been awarded, it is reasonable to expect that it will be renewed, provided the family’s financial situation has not changed substantially, and the student has remained in good academic and behavioral standing.
  • 11. What are Poly Prep’s financial aid application deadlines and award notification dates?

    Meeting our January 6, 2018 deadline is crucial in the financial aid process. Incomplete applications cannot be considered for aid. There is a limited budget for aid and, after funds have been allocated, there is no flexibility for Poly to award additional grants.

    New students receive financial aid awards along with their acceptance letters. We ask that parents explain to their children that a lack of financial assistance may make it impossible to attend.
     
  • 12. How else can a parent finance a Poly education?

    We believe that the benefits of a Poly education—including an outstanding faculty; a diverse learning community; a beautiful, landmarked and LEED-certified Lower School and a 25-acre college-like campus for our Middle School & Upper School; a global curriculum; myriad opportunities for individual enrichment and advanced study; and an emphasis on character education and leadership—offer students a unique, and uniquely valuable, experience. 

    However, financing the cost of a Poly education does require substantial family commitment, and
    many parents are understandably concerned about their ability to afford an independent school.  Poly realizes this and thus provides various options to finance the cost of a Poly Prep education beyond our financial aid program.
     
    1. Semi-Annual Tuition Payments

    Some families find it convenient to be billed for tuition in two separate installments. After the reservation deposit is collected in the spring, 60% of the remaining tuition is billed in June, and 40% in December.  Click here for more information about Poly Prep's semi-annual tuition payment option.
     
    2. Monthly Payment Plan

    Facts Management Co. works together with Poly Prep to offer a no-interest, no-borrowing monthly installment plan. Parents use the plan to pay all or part of their educational expenses at the school. Facts Management also offers reduced interest loan programs that may be set up through Facts Management. Click here for more information about Poly Prep's monthly payment plan option.
     
    3. IRS-Defined Coverdell Education Savings Account

    Enshrined in the American Taxpayer Relief Act of 2012, the little-known IRS-defined Coverdell Education Savings Account may help parents finance Poly tuition and other related education expenses, such as computers and Internet connectivity, through favorable tax treatment.  Interested parents should consult their tax advisors about this option.
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