Tuition & Financial Aid
The total tuition includes lunch, yearbooks, and some lab and technology fees, but does not include books or transportation.
JK: $10,290 - $795 per 12 months after $1000 deposit
K: $13,800 - $1087 per 12 months after $1000 deposit
1–4: $16,800 - $1338 per 12 months after $1000 deposit
5: $18,050 - $1441 per 12 months after $1000 deposit
6–12: $18,575 - $1485 per 12 months after $1000 deposit
Recognizing that the cost of an independent school education may be beyond the means of the families of some well-qualified candidates, Kentucky Country Day School annually allocates a portion of its budget to help defray the tuition expenses of those families who would not otherwise be able to afford tuition. Consequently, all families are encouraged to consider KCD for their children. The family bears the primary responsibility to finance the child’s education. Parents have an obligation to pay for the educational expense of their children to the extent of their ability.
The Purpose of Offering Financial Aid
KCD uses its financial aid program to attract well-qualified students regardless of the family’s ability to pay tuition. Approximately 24% of our students receive some award, with an average grant of $10,735. Approximately $2.5 million in aid was awarded for the 2012-13 school year.
KCD’S Policy Regarding Financial Aid
All financial aid funds are awarded on a demonstrated need basis and are not associated with academic or athletic achievement. The family of any student, either currently enrolled or applying for admission, may request financial aid. All awards are given on an annual basis; therefore, families of returning students must reapply every year.
Applying for Financial Aid
Families applying for financial aid must note that fact on the Application for Admission. Families will receive their financial aid packet in February along with their child’s notification of acceptance. It is important to complete the financial aid application as soon as possible. The deadline for completing the online financial aid application for returning families is March 1 and March 15 for new families. Families are also required to provide a copy of the parents’ most recent 1040 tax form, along with all acommpanying schedules and W-2 forms, by March 31.
Separated, Divorced, or Remarried Parents
In considering applications for financial assistance, the matter of divorce or separation of parents is a difficult one. It is KCD’s policy to determine the financial need of students based on the principle that both parents are responsible for the support and educational expenses of their children. That principle applies to all parents, including those who are separated or divorced. The school will consider the assets of both natural parents before making any award and cannot be bound by the assertion that one parent has disclaimed responsibility for educational expenses. If either parent has remarried, we will also consider the assets of the stepparent, always bearing in mind the obligation of the stepparent to his or her own natural children. Parents should recognize their responsibility to provide for their children’s educational expense. It is necessary for both natural parents and their current spouses, if any, to fill out a financial aid application. If information from both custodial and non-custodial parents is not provided, the Financial Aid Committee will be unable to consider the family’s request for aid.
Financial Aid Decisions
The processes of applying for admission and financial aid are entirely independent of one another. In no way does a request for financial aid affect a student’s eligibility for admission. Decisions about financial aid, however, will be made only after all the necessary forms have been provided to complete a financial aid file. The deadline to complete the financial aid file is March 31. Financial Aid award letters will be mailed in April.
Families who have completed the admission process for their children by February 1 will be notified by mid-February of the school’s decision regarding their child’s acceptance to the school. They will have until March 5 to accept the school’s offer of enrollment. Those parents also applying for financial aid will be asked to return a “letter of intent to enroll,” rather than an enrollment contract. Notification of financial aid awards will be made after April 1 if the financial aid file is complete, at which time enrollment contracts will be issued. A family is under no financial obligation to KCD until they return a signed enrollment contract.