Tuition & Financial Aid

To determine need, Thayer uses the services of the NAIS School and Student Service for Financial Aid (SSS) in Princeton, NJ at www.solutionsbysss.com. The report of financial need computed by SSS is reviewed in the context of the Academy's aid policy and other information that may be available. The Financial Aid Committee is responsible for all award decisions.

The Admissions Committee selects students for admission without knowledge of who may have applied for financial aid. Separately, the Financial Aid Committee reviews the financial aid file for each accepted student who has submitted an application for financial aid.

Typically, more students qualify for admission and financial aid than can be funded in the first round offers. In the event of additional funds later becoming available, some students who were waitlisted may subsequently be offered admission with financial aid awards.

The Academy requires that all parents contribute to the cost of education for their child to the extent of their ability. Both parents should go to www.solutionsbysss.com and complete the online financial aid application.

The aid package is made up of a grant that has no repayment requirements.

Although we are unable to aid every qualified applicant, over a third of our students receive aid totaling more than $8 million.

You should begin to apply for financial aid at the same time you are applying for admission. You can apply online beginning October 1, 2022 at www.solutionsbysss.com.

Yes, every family must apply for financial aid each year. However, one may expect to receive the same proportion of aid if the family's financial circumstances remain essentially the same. A significant change in a family's financial profile may result in a change in the financial aid package offered.

Call the Thayer Academy Business Office (781.380.0503) to ask questions or discuss the options.

Awards are communicated along with admission decisions on March 10.

The Academy offers two optional insurance plans: Tuition Refund Plan (TRP) and Student Accident Insurance (SAI). Fees for both are charged to all students' accounts on the July 1 billing statement. Information describing the scope and benefits of each plan is provided with that statement of charges. Parents may waive participation in either or both of these plans by signing the waiver form that is included with the statement and returning it to the Business Office no later than September 1. Parents are responsible for the full year's tuition irrespective of whether part of the year is spent in other study, on a Senior Project, or if the student, for any reason, withdraws, or is dismissed.

A statement for tuition is sent from Smart Tuition after completion of enrollment contract. One half of the tuition, plus the charges for the TRP and SAI, and the Parent Association dues must be paid no later than June 15. The second half of the tuition is due no later than November 15. Parents who find it more convenient to pay monthly may want to consider the Thayer 10-Month Payment Plan. Details for this plan are available from the Business Office (781.380.0503). It should be noted that a student will not be admitted to class if the tuition and fees have not been paid.