The Banff School Financial Aid
At The Banff School, we know that private education is a big decision. With our Banff School Financial Aid assistance, we’ll take a holistic view of your circumstances, and provide the assistance that makes this unique education possible. We are committed to making a private, college-preparatory education available to students who are academically able but whose families are not able to afford full tuition. We encourage high-achieving students with a history of academic success to apply for this opportunity.
Financial Aid applications for the coming year open mid-February each year.
The Financial Aid Process
In order for us to allocate our resources wisely and fairly, we have enlisted the help of FACTS Grant & Aid Assessment. FACTS does not decide whether financial assistance will be given or how much to give; rather FACTS provides The Banff School a need-based financial aid analysis for each student who utilizes the service. FACTS provides the school with a report, which includes a recommendation of what a family should reasonably contribute toward tuition. Please note that The Banff School is frequently unable to fulfill the entire amount recommended by FACTS. All information from FACTS is kept confidential.
To qualify for Financial Aid, first go through the admission process: tour the school, meet with the principals and staff, and submit your application along with all required documents.
After you are accepted to The Banff School:
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Visit the FACTS application website
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Complete the confidential online application and submit the $40.00 application fee directly to FACTS (this fee is not charged by The Banff School).
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Submit your latest federal tax return, including all schedules and attachments directly to FACTS.
Once an application is complete and an admissions decision made, the Financial Aid Committee will review the FACTS recommendation for financial assistance. Upon approval by the Director, Financial Aid offers are sent to families.
Families must submit a request for Financial Aid through FACTS every year. Being awarded Financial Aid in one school year does not guarantee an award in future years. If a student's parents or guardians have divorced or separated, but both parties will pay a portion of tuition costs, then both parents/guardians will need to complete an application for Financial Aid.
Each year, the Board of Directors designates a specific percentage of projected tuition income to go towards need-based financial aid. This percentage is divided between returning students and new enrollees. These funds are awarded on a first-come, first-served basis, and may be already utilized prior to the start of the new school year.
Financial Aid awards assist with payment of Regular Day tuition only. Additional fees are not covered. Students in Preschool 3 or Preschool 4 are not eligible for Financial Aid. Students attending The Banff School on an international visa (I-20) are not eligible for Financial Aid. Students receiving Financial Aid Awards are not eligible for additional tuition discounts.
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