Affording a CRS Education

Parents recognize the importance of the elementary and middle school years in creating an intellectual and social-emotional foundation that will enable children to achieve success and well-being throughout their lives. CRS families appreciate the value of the small classes, individual attention, academic excellence, and emphasis on joy and discovery that Charles River School offers, and see this education as an investment in their child's future.

Nonetheless, there is no question that an independent school education is costly. CRS is committed to making its education affordable to families from a wide economic range. Enrolling a talented and diverse student body - bright children with a variety of experiences and backgrounds - is central to our mission. We allocate funds to help qualified families defray some of the cost of a CRS education; currently, 25% of our students receive financial aid.

Charles River School uses the School and Student Service for Financial Aid (SSS) to process financial aid forms. To apply, parents or guardians should complete the Parents’ Financial Statement (PFS) online at sss.nais.org and submit it to SSS by February 1. You will be asked to upload tax documentation; if your most current income tax return is not available, please submit the previous year’s and update your application when it is complete.

Please contact Kat Whitten in the Admissions Office (508-785-8213) or David Riedell, Director of Finance (508-785-8212) for more information.
 

Financial Aid FAQs

List of 6 frequently asked questions.

  • How do I know if my family would qualify for financial aid?

    Families with a wide range of incomes qualify for financial aid. The amount of aid offered depends on such factors as:

    • Family financial circumstances,
    • number of dependents,
    • number of children attending tuition-charging schools and colleges,
    • available financial aid funds.
    It is assumed that each family should be able to maintain a basic standard of living as defined by the Bureau of Labor Statistics in order to provide the necessary food, clothing and shelter for a household. As income goes up above this basic level, families have funds that permit discretionary purchases beyond necessary expenditures. As this so-called discretionary income increases, parents are expected to make progressively higher financial commitments to education.
  • How does the financial aid application process work?

    Charles River School uses the services of the School and Student Service for Financial Aid (SSS) to help assess a family’s financial need. This service processes all financial aid applications and provides a report to the school as to how much each family should be able to contribute toward education. Charles River School then allocates its resources as fairly as possible. The School and Student Service for Financial Aid does not award financial aid; Charles River School makes all awards.
  • Where do financial aid monies come from?

    Funds for financial aid come almost entirely from the school’s operating budget, i.e. tuition revenue and fundraising initiatives. The financial aid budget is supplemented by the school’s endowment. Government funds are not involved in the financial aid process.
  • What is the timetable for applying for financial aid?

    Financial aid applications must be submitted to SSS by February 1. You will be notified regarding financial aid when you are notified of your child’s acceptance.  Typically, the school exhausts its financial aid budget during the first round of admissions decisions. Late applications are considered on a rolling basis, provided that money remains in the budget.
  • If my child receives financial aid one year, will he or she automatically receive financial aid each of the following years?

    All families complete a financial aid application each year. Charles River School usually continues to grant financial aid each year provided that the family’s financial situation does not change significantly. It is our policy to provide funding for currently enrolled students first and then for new students.
  • Are the names of those receiving financial aid generally known?

    No, all financial aid information, including the recipients, is confidential and kept within the Financial Aid Committee.

Tuition 2018-2019

 
PreK
$28,900
Kindergarten $28,900
Grade 1 $32,600
Grade 2 $32,600
Grade 3 $34,400
Grade 4 $36,400
Grade 5 $38,400
Grade 6 $40,900
Grade 7 $40,900
Grade 8 $40,900