FINANCIAL AID GUIDELINES

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. 

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

FUNDING SOURCES

Due to our commitment, New Horizon dedicates a portion of its operating budget to support the NHS Financial Aid Program.  In addition, the school receives additional support to families through two other organizations, Aasra and Aldeen Foundations.

Apart from NHS Financial Aid, these organizations follow their own criteria for awards.  Aasra Foundation provides aid to students in K-6 grade. Aldeen Foundation accepts applications for returning students in grades 1-8 and awards scholarships based on a student’s academic standing, financial need, and availability of funds.  Families need to complete one application process through FAST, submit any required documents (e.g., tax returns, etc.), and submit the Authorization to Release Information form in order to apply for these two grants/scholarships.

APPLICATION PROCESS

We encourage families who have concerns about their ability to afford the tuition to apply for financial aid.  All applications for financial aid are confidential.  The school does not share a family’s financial information with other families or with New Horizon School faculty. 

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 financial aid 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:

Important:  Incomplete documents will delay the financial aid process.

All of the above MUST be completed by:

Current Families
 MARCH 13, 2017
 New Families
Upon Receiving School Acceptance Notification

ADDITIONAL INFORMATION FOR THE REPORTING PROCESS

Notification of tuition determinations for current families will be May 5 and for new families within one month of applying.  All financial information you provide will be held in strict confidence.  For more information, contact NHS Financial Aid at finaid@newhorizonschool.org or call the Business Office at Ext. 1125.
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