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About Friends in Boarding

Our Friends in Boarding program is designed for those individuals and organizations - not eligible for traditional membership - which serve, study, or otherwise are deeply involved in the TABS community of schools.

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TABS sponsorships come in all shapes and sizes to better serve you, our sponsors, regardless of your target market or budget.

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EXPENSES & AID

Financing a Boarding School Education

A private school education and more specifically, a boarding school education, provides an unquestionable advantage for young students. Still, the decision to attend represents a significant investment for any family. There are several established avenues through which families can finance a private school education.

The Financial Aid Office

The first place to turn with financing questions is the boarding school's financial aid office. They can explain in some detail the full range of options available to you. Generally, there are several main categories of boarding school financial aid:

Need-Based Financial Aid
Need-based financial aid is awarded as a grant and does not have to be repaid. The money comes from the school's budget and applicant families are asked to demonstrate and document their need for aid. Most TABS member schools use the Parents' Financial Statement from the School and Student Service for Financial Aid (SSS), which is administered by the National Association of Independent Schools (NAIS). Learn more at www.nais.org.

Merit Scholarships
Like the name implies, some schools offer scholarships to students who are especially accomplished in either academics, sports or the arts. These scholarships are typically highly competitive but do not require repayment.

Tuition Loan and Financing Programs
Tuition loans are offered through a few schools, banks, or other lending agencies. These loans are credit-based, which means the loans are subject to credit checks and must be repaid with interest over time. Payments are spread over a pre-determined length of time. However, interest rates for tuition loans are generally more favorable than rates for most consumer loans. Check with the financial aid office at the school you are applying to for more details.

Tuition Payment Programs
A number of lending agencies offer tuition payment programs to help families manage boarding school costs. These programs are not technically considered loans. Basically, tuition payment programs spread tuition bills across manageable installment payments over the course of an academic year. The installments are interest free, but there may be some enrollment fees. Check with the financial aid office at the school you are applying to for more information.

The School and Student Service for Financial Aid (SSS)

The SSS is owned and operated by NAIS and used by more than 2,000 K-12 schools (including many boarding schools) and other organizations to help determine a family's eligibility for financial assistance. The SSS ensures that all schools and organizations use common criteria for evaluating need.

Many boarding schools use the Parents' Financial Statement or PFS

The PFS will ask for basic financial information including all of your sources of income, a list of your assets, your debts, and ongoing expenses. Some schools use a different service, or require supplemental items (e.g., a recent tax return).

Contact the financial aid office at the school you are applying to for more information. They will provide specific guidance on your aid options plus a list of application deadlines. The NAIS web site at www.nais.org is another good financial aid research tool.

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News & Buzz

 
 
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  • The Association of Boarding Schools Welcomes Four New Board Members

    TABS

    The Association of Boarding Schools welcomes four new members to its Board of Trustees. Laura Danforth, Head... Share

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    8/8/2018
  • TABS Leads Secondary Schools in #YouAreWelcomeHere Campaign

    TABS

    Started at the higher education level in November 2016, in response to “expressions of apprehension” about s... Share

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    8/25/2017
  • University lecturer sells land to pay for child’s overseas study

    VIETNAMNET

    “My eldest child is in the eighth grade. I think I will send him abroad when he enters the 10th grade,” said V... Share

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    6/20/2017
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  • Letting Her Go

    By Trish Fogarty Editor’s Note: Trish Fogarty posted this story to her Facebook page the night before her daug... Share

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    6/2/2017
  • Why TABS Doesn't Rank Schools

    Editor's Note: This blog was originally posted in April 2015. We’re often asked why TABS doesn’t rank schools... Share

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    5/25/2017
  • Why Boarding School?

    Helen H. Waldron, M.Ed., an academic tutor at Noodle Pros recently published an article, "Why Your Child Shoul... Share

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    5/3/2017
  • Social

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  • @boardingschools

    It's more than an education; it's an experience. Are you ready for more? https://t.co/LV09tXnKmV Retweet

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    5/16/2017
  • @boardingschools

    "Boarding school students succeed at significantly higher rates than private day & public school students.... Retweet

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    5/14/2017
  • Five and Seven Day Boarding [Shady Side Academy, PA]

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    3/3/2017

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The Association of Boarding Schools (TABS)
One North Pack Square, Suite 301, Asheville NC 28801, USA
828 258 5354   [email protected]
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