Make your dreams reality.
Marymount dedicates 14% of the operating budget each year to providing assistance to families who need support in making their daughter's dream become a reality. Approximately 23% of the student body receives need-based financial aid, and the average financial award is $33,000. Financial aid is available for students in Classes K-XII, and all applicants are welcome to apply. Nursery and Pre-Kindergarten applicants are not eligible to receive aid.
Marymount uses TADS. You may find the TADS’ step-by-step guide helpful. At the end of the application, you will be given instructions about submitting backup documents to TADS. Marymount School requires that you submit the following documents to TADS:
1. a copy of last year’s IRS Form 1040 (including all schedules) 2. a copy of last year’s W2 Forms 3. a copy of your most recent pay stub(s)
All families seeking financial assistance are encouraged to complete the TADS online questionnaire. The Financial Aid Committee assesses TADS reports and does its best to put together financial packages reflective of individual families’ financial circumstances, aiming to distribute its resources to as many qualified families as possible.
At Marymount, 14% of the tuition revenue is dedicated to supporting our families through financial assistance. Approximately 23% of the Marymount student body receives need-based financial aid. Financial aid is available for students in Classes K-XII, and all applicants are welcome to apply. Awards are based on demonstrated need and Marymount’s financial aid budget. Nursery and Pre-Kindergarten applicants are not eligible to receive aid.
While the School makes every attempt to meet the needs of its families, the financial aid budget is limited. Students who initially enroll at Marymount without a financial aid package are eligible to apply for financial aid after two years of full-time enrollment at Marymount (Nursery and Pre-K enrollment does not count toward the two-year waiting period). Pre-existing financial needs that were not disclosed at the time of initial enrollment will not be considered when calculating grants. After the two-year waiting period, families must be able to demonstrate a significant change in financial circumstances in order to be considered for aid, and current tuition accounts must be up to date.
Tuition at Marymount includes the following: textbooks, use of a school-issued iPad or laptop, use of The Metropolitan Museum of Art, day trips, most overnight trips, team uniforms, daily lunch service, and morning and afternoon snacks.
Marymount is committed to ensuring that all of our families have the opportunity to be full participants in the school community. Accordingly, financial aid recipients are eligible for aid for many after-school programs and family events. One example of this is ensuring that Upper School students on financial aid are eligible to attend two domestic or international trips or global exchanges during their four years in the Upper School. Families who are admitted to Marymount will receive a comprehensive list of what programs and experiences are included in the financial aid package.
The Financial Aid Committee will take into consideration the assets and obligations of natural parents, custodial parents, non-custodial parents, step-parents, and legal guardians. All such parents/guardians are required to complete separate TADS applications in order to be considered for financial aid. Marymount will only award grants to applicants/students who have completed FA forms from all applicable parents/guardians. Each parent/guardian is also required to update the Parent Profile on the online checklist.
Marymount expects both parents to contribute financially to their child’s education. As such, foregone potential income is deducted for possible grants if a parent voluntarily does not work. (Exceptions may apply, including medical reasons, involuntary unemployment, and maternity/paternity leaves). When submitting an FA application, please submit in writing a letter explaining the reason for not working if you would like an exception to be considered.
If your family needs financial assistance to make a Marymount education affordable, please submit your details in TADS. Without this important step in the financial assistance process, your family will not be considered for aid.
For concerns about your TADS account, login, password, or missing documents, please contact TADS directly at 800-477-8237 or firstname.lastname@example.org. Representatives are available Monday through Friday from 8:00 a.m.-8:00 p.m. CT to assist you.