Tuition & Financial Aid

Tuition

Tuition for the 2018-19 Academic Year

Kindergarten–Grade 3: $35,450
Grades 4–6: $38,100
Grades 7–8: $40,600
Grades 9–12: $41,100

Extended Day:
Per year, per child, full-time: $4,885
Per year, per child, part-time: $2,445

The Potomac School offers several payment plans and financing options:
Option 1: Full tuition paid by July 3
Option 2: Tuition paid in two installments of 65% tuition and 100% of fees by July 3. Remaining 35% of tuition by December 1
Option 3: Ten monthly payments plan (May–February) through FACTS.

Financial Aid Philosophy

Financial Aid Philosophy and Objectives

The Potomac School Financial Aid program's purpose is twofold. First, it provides deserving students with the opportunity for an excellent education that might otherwise be unaffordable. Second, it provides The Potomac School with a well-qualified student body that reflects a broad socioeconomic mix. To achieve these goals, it is our hope that tuition cost will not be the deciding factor in determining whether a promising young person may attend Potomac.

The Potomac School encourages families with limited financial resources to apply for assistance, based upon the assumption that the primary obligation for financing a student’s education will rest with the family. Potomac expects that families are willing to make what could be significant adjustments with regard to their use of discretionary income. Families should also be willing to access ancillary resources that may be available through extended family, work, and local organizations.

Admission to The Potomac School and access to the Financial Aid program is open to students of any sex, race, color, religion, creed, national or ethnic origin, citizenship, physical attribute, disability, and sexual orientation.

Guidelines

  • Parents who are divorced, separated, or have never been married must complete an application for each household, regardless of custodial arrangements.
  • If all the children in a family are of school age, Potomac generally expects both parents to be employed and will use a formula adding a dollar amount to compensate when this is not the case.
  • Because tuition assistance is based on a family’s ability to pay, the income and resources of both parents and/or stepparents must be considered.
  • You should be sure to explain special circumstances in the area provided in order to give the financial aid committee a clear picture of your family’s financial situation. Failure to do so will lessen your likelihood of receiving financial aid and may affect the amount offered.

Questions?

The Financial Aid office is available throughout the year for conversations about assistance for school-related expenses. If you have questions, please contact Claire Berg at (703) 873-6181.

Financial Aid Application Process

The Potomac School uses the School and Student Services (SSS by Community Brands) to process our financial aid applications for both new and returning families. Based on the financial information you provide, SSS provides Potomac with an estimated amount that your family can contribute towards educational expenses. This service helps Potomac make fair and objective financial aid decisions.

Please note that the deadline to submit the Parents’ Financial Statement to School & Student Services (SSS) for admission applicants is February 1, 2019. The deadline for returning students is January 2, 2019.

All financial aid applications must be completed ONLINE.

To begin your financial aid application for the 2019-20 school year, please follow the steps below:

  1. As early as October 2, 2018, go to https://www.solutionsbysss.com.
  2. Click on the prompt to begin your Parents’ Financial Statement (PFS).You only need to complete one PFS, even if you have more than one child applying to Potomac.
  3. You will be given instructions about submitting supporting documents. All supporting documentation must be sent to SSS either electronically or by mail. Our office will not accept documentation. You will need:
     
    1. A complete copy of your 2017 Federal Income Tax return along with all supporting schedules.
    2. A complete copy of your 2018 return as soon as possible but no later than February 15, 2019.
    3. A copy of all parents’ 2018 W2s or 1099s
    4. Business tax returns (2017 and 2018) for families who own their own businesses.
    5. Additional documentation as requested from our office.

Financial Aid Contact

In order to best serve our families, we encourage open conversations regarding your financial situation. If we can assist you in any way, please feel free to contact our office!

Carson Roy
Director of Admission and Financial Aid
croy@potomacschool.org

Claire Berg
Associate Director of Financial Aid
cberg@potomacschool.org
(703) 873-6181

Applying for Financial Aid

Click here to download a helpful brochure to get started with the SSS financial aid process.

INSURANCE OPTIONS

Potomac partners with Dewar to offer a Tuition Refund Plan and a Student Accident Plan. If you have any questions about these plans, please contact the Business or Admission Offices.