Tuition Assistance

The Tuition Assistance program (TA) has been an important part of the South Shore Waldorf School since it began in 1996. It has always been a foundation principle of our school that we strive to make attendance available for all families who value Waldorf Education, within the limits of the school’s resources.  Those resources are not only financial but also derived from the in kind contributions of members of the school community in support of the health and operation of the school.

“The archetype of the human community on earth is that groups do not come about in order that an individual receives something for himself, but so that people form each other, and each person advances the development of others.”

– Bernard Lievegood

For the 2015 school year, we have changed the application process for Tuition Assistance (TA). The school has opted to use an independent third party organization, the Independent School Management Financial Aid for School Tuition (FAST) Program, to evaluate each TA applicant family’s financial picture.  The FAST program is very flexible in terms of the information that it will accommodate, thus allowing families to represent their own particular circumstances accurately. Families wishing to apply for TA do so directly to FAST for a nominal fee. To ease the online application process, FAST provides 24/7 help desk support. All information from FAST is kept confidential, as is all information pertaining to a family’s financial aid request. For further details and a copy of the “Parents User Guide” click here

Tuition adjustment is awarded for the current year only. Subsequent applications are re-evaluated each year.

The school does not have an established endowment for bursary funds, all funding for the Tuition Adjustment Program comes directly from the tuition revenue received from parents and from fund-raising and donations. The ability to offer families an appropriately assessed tuition level is affected by the number of applications received in a given year.

More information in the underlying principles of the TA program at South Shore Waldorf School can be found here.

TAX IMPLICATIONS

In accordance with CRA rules and regulations (Guide IT75R4 and the Income Tax Act section 56) tuition assistance is seen as a Bursary (CRA definition: A bursary is an amount paid or benefit given for students, to enable them to pursue their education). A T4a will be issued, by the Treasurer, at the end of the tax year for any amount of assistance received over $500, as per the enrollment contract, and will be issued in the child’s name. In these cases, we will need your child’s Social Insurance Number. If you haven’t done so already, please apply for a SIN number for your child.

DEADLINE

Applications for the 2015/16 school year have to be submitted online through the FAST application program by February 27th 2015. Any applications not submitted by the deadline will be reviewed when the process for timely applications has been completed and and will depend on the availability of remaining resources.  Mid-year applications will be considered if resources remain. The total Tuition Adjustment budget is limited to approximately 10% of the operational budget for the school year in which it is awarded.

OUTSTANDING AND/OR OVERDUE TUITION BALANCES

Tuition adjustment awards cannot be made to any family who has a past due or arrears balance owing to the South Shore Waldorf School. A payment plan for paying down any past due balance must first be agreed with the Administrator prior to a Tuition Assistance application being reviewed by the Tuition Assistance Committee. If you are in arrears, please make an appointment with the Administrator before submitting your application.

COMPONENTS AND LIMITS OF TUITION ASSISTANCE

Minimum Cash Contribution

In any given year a family can apply for a credit of up to 50% of the tuition fees. This can be in the form of work credits and/or tuition assistance and includes sibling discounts (exceptions may be made on a case-by-case basis). The balance of the tuition fees and supplies/building fees are payable through one lump payment or monthly payments as agreed at the time of enrolment.

Work Credits

In order to help make Waldorf education more accessible the SSWS offers a number of janitorial, subject teaching and Airstream work credits each year. If you are interested in work credits and what they entail you can contact the Admin Manager. In order to apply for one please complete the application form in the enrollment pack.