FLEXIBLE TUITION

Investing in Your Child’s Future

Investing in your child’s future is one of the best investments a family can make.  This is particularly true of the investment one makes in a private Islamic school education.  At New Horizon, we appreciate the efforts that each family makes to provide this special gift to their children.

Affordability

Since its founding in 1984, New Horizon has been committed to making our school accessible and affordable to all in the community.  Socioeconomic diversity is important to New Horizon as it enriches the education for all children and builds a culture of equity, mutual respect, and appreciation for all.

For this reason, the school has adopted a Flexible Tuition Program Flexible tuition allows for a tuition that meets an individual family’s financial needs. 

 While New Horizon believes that the primary responsibility for educating a child falls to the parent and that each family should contribute towards the cost of their child's education, we also take into consideration that varying tuition levels will provide greater access to a New Horizon education. 

What is Flexible Tuition?

The Flexible Tuition Program gives families an opportunity to apply for reduced tuition with anywhere from 10%-90% off of the regular tuition rates according to a family’s financial situation. 

The focus of the Flexible Tuition program is on what parents can pay for their tuition, rather than looking at a grant or an award.  This program offers a range of tuitions to support the economic diversity that is such an important component of our school community.

 

 

How Does Flexible Tuition Work?

New Horizon uses a neutral, third-party organization to assist in the evaluation for Flexible Tuition.  That organization is FAST, a service provided through Independent School Management (ISM) and is used by schools across the country to provide flexible tuition analysis.  FAST offers families a secure online application system. Information entered in FAST is shared confidentially with New Horizon’s Flexible Tuition Committee. 

The school does NOT receive any funds from FAST.

To cover the shortfall in tuition, the school receives some funds from Aasra and Aldeen Foundations.  In addition, a portion of the school budget is allocated towards discounted tuition.

However, we appreciate every family’s willingness to make their best commitment to prioritize their lifestyle spending towards their child’s education in order for the school to remain financially healthy to provide the best educational program possible. 


Can Any Family Apply for Flexible Tuition?

We encourage families who have concerns about their ability to afford the regular tuition rates to apply through FAST.  The school works with every family to help set tuition based on the family’s unique financial situation.  It is impossible for the School, or for a family, to determine the exact level of tuition, however, unless the entire FAST application is completed accurately.

All applications for Flexible Tuition are confidential.  New Horizon School does not share a family's financial information with other families or with New Horizon School faculty.


What Factors Affect Flexible Tuition Decisions?

The formula used to evaluate tuition level considers many factors that may affect a family’s ability to pay, including income, assets, family size, cost of living, unusual expenses, and other discretionary costs.


What is the Flexible Tuition Application Process?

To help us objectively assess what a family is able to contribute to education expenses, NHS uses ISM’s FAST (Independent School Management’s Financial Aid for School Tuition) as a trusted third party.  We use FAST to provide a baseline for our flexible tuition determinations.  The school does NOT receive any funds from FAST.  The online FAST application must be filled out thoroughly and accurately for the school to consider a family’s true financial situation.  Incomplete or inaccurate applications will not be considered, and families may be contacted by FAST personnel to verify information.  

Here are the required steps to follow:

  • Complete the online FAST applicationThere is a fee for the application, so please have a credit card available.
  • Submit all 2017 tax forms including ALL schedules, W2’s, 1099’s, and last 2 paycheck stubs.  If you own a business, you must include Schedule C form and any other corresponding documents related to the business.  These must be scanned and submitted directly to FAST.
  • Complete 4506-T IRS Tax Verification FormAuthorization to Release form, and scan and submit directly to FAST.       
  • Aldeen Application Form (for returning 1st to 8th Grade). Please note: This is a paper application that must be printed and filled out. Please submit it, along with a copy of your tax returns, to Aldeen directly or to the NHS Business Office in a secure envelope.
  • Aasra Application Form 17-18 (for new and returning K-6th Grade)Please note:  This is a paper application that must be printed and filled out.  Please submit it, along with a copy of your tax returns, to the NHS Business Office in a secure envelope.

    Important:  For all families applying for Flexible Tuition, we ask that they complete the FAST application PLUS the Aldeen and Aasra applications in order to gain access to additional funds for the school to be able to provide tuition discounts.

    All of the above MUST be completed by:

    Current Families
     MARCH 12, 2018

    Note: Applications are not reviewed unless a student is re-enrolled for the new school year.
     New Families
    Submit the above forms and FAST application along with Admissions application.
    Your flexible tuition determination will be provided along with your admission decision.



    What are Important Deadlines Related to Flexible Tuition?

    All returning families must complete the FAST application and submit the necessary forms by March 12, 2018.  Please note:  FAST, Aldeen, and Aasra applications are not reviewed unless a student is re-enrolled for the new school year.

    New families applying to NHSP should submit the FAST application and submission of necessary forms, along with new student online applications.

     

    What If the Prior Year Tax Returns and Other Required Forms are Not Submitted with the Application?

    The online FAST application must be filled out thoroughly and accurately for the school to consider a family’s true financial situation.

    Incomplete or inaccurate applications will not be considered and will delay the determination process

     

    Does Flexible Tuition Continue Throughout a Student’s Years at NHS?

    NHSP expects families to submit updated financial information each year so that tuition levels can be adjusted as needed based on changing circumstances.

    Flexible tuition determinations, as well as Aasra and Aldeen Foundation grants, are made for one year only and, therefore, you must reapply each year.


    What are Aasra and Aldeen Foundations?

    Aasra and Aldeen are two organizations that provide funds to New Horizon to support the needs of the families in being able to send their children to NHSP.  These organizations have separate application processes, and families are responsible for ensuring they get these applications in on time and completely. The school encourages all families to apply for these funds using their specific application processes. 

    Who Handles Questions Regarding Flexible Tuition?

    Questions about Flexible Tuition should be addressed to the Business Office at finaid@newhorizonschool.org or (626) 795-5186 Ext. 1125.  


    Website by SchoolMessenger Presence. © 2018 West Corporation. All rights reserved.