Dawson School subscribes to the National Association of Independent School’s Principles of Good Practice for Financial Aid. The underlying assumption is that parents have an obligation to finance their children’s education to the extent that they are able. Several factors, including family income, assets, liabilities, the size of the family, the age of the parents, provisions for retirement, and extraordinary expenses must be considered when evaluating the family’s financial strength and the ability to contribute to educational expenses. While qualification for financial aid is based on all of the factors described above, the most important component of the needs analysis system is family income. The system seeks to treat all families equitably, taking into consideration differences in certain family circumstances that may be beyond its control. There is a distinction made between family expenditures that are made by choice and those of an obligatory nature. TADS reports provide a point of departure for the Dawson Financial Aid Committee, which will make all decisions on financial aid amounts. TAD processes applications beginning in October and throughout the school year. Please keep a copy of all forms in case of future need.
All awards will not be considered final until TADS receives a copy of the IRS Form 1040 (together with all schedules attached to the form), from the parents of the recipient. The Financial Aid Committee will review the tax information and has the right to make adjustments of awards after contacting the parents involved.
We strongly suggest that families submit their financial aid applications as early as possible, recognizing that funds are particularly limited after initial awards have been made.