Financial Aid

If you feel that attending `Iolani would be financially impossible for your family, please apply for financial aid.  Admission decisions and financial aid decisions are completely separate, and applying for aid has no bearing on your child's admission outcome.

We award financial aid only to families who show financial need.  `Iolani has no merit scholarships or awards. Aid is renewable each year a student remains at `Iolani as long as the family completes a financial aid application each year and continues to qualify.

`Iolani’s financial aid budget is limited, and we are not always able to meet the full need of every student who qualifies for aid.     

Steps to Apply

  • When you complete the online admission application, check the financial aid box and provide the required information.  If you are completing a paper application, fill out the “Request for Financial Aid” form and return it with your admission application.  Applying for financial aid does not affect your son or daughter’s opportunity for admission.  We accept students on a need-blind basis.

  • After December 1, we will send you a Parents’ Financial Statement (PFS), along with supplementary information about `Iolani’s financial aid program.  Both parents in a separated or divorced family will be required to complete a financial aid application.  Continuing students who have received aid will automatically receive a packet.  Those who have not previously received aid, but wish to apply, should request a packet from the Financial Aid Office. 

  • You can complete the PFS online at sss.nais.org or complete and mail the PFS. Please be sure that it is received by the School and Student Service by NAIS by February 16. The cost to apply online is $35. The fee for mailed applications is $42.

  • If you are applying online, download the PFS documentation cover sheet after you have submitted your PFS. Mail the PFS documentation cover sheet with copies of the required documents listed below in one envelope to SSS in time to meet the February 16 deadline.

  • If you are applying by mail, send copies of the required documents with your PFS application in one envelope to SSS. Include a check payable to School and Student Services by NAIS for $42.

  • These required documents must be received by SSS to complete your application:

    1. A signed 2009 Federal Income Tax Return (IRS 1040), including all schedules and attachments as filed
    2. A signed IRS Form 4506-T
    3. 2009 Wage and Tax Statement/s (W-2)
    4. Parent Non-filing Income Tax Statement if you do not file taxes.
    5. Current property assessment information for all real estate owned. 
*The Financial Aid Office may request additional information based on your particular circumstances.



  • Mail documents to SSS at this address:

                     School and Student Service by NAIS
                     SSS PFS
                     P.O. Box 449
                     Randolph, MA 02368

Award Notification

If your son or daughter is offered admission to grades 6 – 12 and you have met all the deadlines and requirements, you will receive your financial aid award letter in early April.  If your son or daughter is offered admission to kindergarten, you will receive your financial aid award letter in early May.  

Continuing students receive their financial aid award letters in mid May.

Late Applications

We accept late financial aid applications.  However, 80% of financial aid funds are distributed according to this timetable.  If you miss these deadlines, please submit the PFS and supporting documents as soon as possible.

 

 

 
 
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