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Financial Aid at Oak Knoll

Oak Knoll School of the Holy Child believes that qualified students should be able to attend, regardless of their family’s financial circumstances. We know that the total cost of an Oak Knoll education is significant, and we are committed to making the experience affordable through our financial aid program. Oak Knoll awarded over $2.4 million in financial aid to new and current families for the 2020-2021 school year.

While Oak Knoll is committed to providing financial assistance to those who qualify, the school seeks students from families committed to using their own resources to make education a first priority. We believe that parents have an obligation to provide for their child’s education within their means.

The financial aid application process is hosted through the School and Student Services (SSS) Family Portal.* Financial aid is awarded on the basis of demonstrated financial need. Oak Knoll considers the total financial aid budget, the school’s policies and priorities, and the needs of the entire applicant pool when awarding financial aid. All information received by The Oak Knoll School Financial Aid Office is held in the strictest of confidence.

We encourage you to review the SSS Family Guide to Financial Aid and the How to Apply instructions before beginning the SSS application process. These guides provide helpful information about how to complete the Parent Financial Statement (PFS) and important guiding principles for families in the financial aid process.

*Current Oak Knoll Families: please note that the financial aid application is now hosted through the SSS Family Portal. All current families must use SSS to apply for financial aid.

Applicant Families: If you are required to send your financial aid application to a school utilizing the TADS Financial Aid application, please follow this link to only fill out one form.

Financial Aid Application Process

The SSS Application is now available! To complete the Financial Aid Process for consideration at Oak Knoll School, early preparation of your 2020 income taxes will be required.

  1. Read and Complete the SSS Financial Aid Workbook and Instruction Booklet.
  2. Complete the SSS Financial Aid Application by specific deadlines as noted below.
  3. Upload supporting documents directly to SSS by the required deadline.

Prospective Families

Deadline to submit the SSS Financial Aid Application is no later than December 4, 2020.

December

  • 2018 and 2019 filed federal income tax return (includes 1040, all attachments and W-2s).
  • One month of most recent paystubs.
  • Tax form 4506-T

February 1

  • 2020 W-2s

March 15

  • 2020 filed federal income tax return (includes 1040, all attachments and W-2s)

*Please note: We can provide initial grants based on 2019 tax information; however, we must receive your 2020 forms no later than March 15, 2020. Oak Knoll reserves the right to adjust your grant based on any subsequent tax information received after the deadline.

Deadline to submit the SSS Financial Aid Application and initial supporting documents is January 6, 2021.

January 6

  • 2018 and 2019 filed federal income tax return (includes 1040, all attachments and W-2s).
  • One month of most recent paystubs, including December 2020
  • Tax form 4506-T

February 1

  • 2020 W-2s

March 15

  • 2020 filed federal income tax return (includes 1040, all attachments and W-2s)

*Please note: We can provide initial grants based on 2019 tax information; however, we must receive your 2020 forms no later than March 15, 2020. Oak Knoll reserves the right to adjust your grant based on any subsequent tax information received after the deadline.

Current Families

Families must reapply for financial aid each year. The deadline to submit the SSS Financial Aid Application and initial supporting documents is January 6, 2021.

January 6

  • 2018 and 2019 filed federal income tax return (includes 1040, all attachments and W-2s).
  • One month of most recent paystubs, including December 2020
  • Tax form 4506-T

February 1

  • 2020 W-2s

March 15

  • 2020 filed federal income tax return (includes 1040, all attachments and W-2s)

*Please note: We can provide initial grants based on 2019 tax information; however, we must receive your 2020 forms no later than March 15, 2020. Oak Knoll reserves the right to adjust your grant based on any subsequent tax information received after the deadline.

Deadline to submit the SSS Financial Aid Application and initial supporting documents is January 6, 2021.

January 6

  • 2018 and 2019 filed federal income tax return (includes 1040, all attachments and W-2s).
  • One month of most recent paystubs, including December 2020
  • Tax form 4506-T

February 1

  • 2020 W-2s

March 15

  • 2020 filed federal income tax return (includes 1040, all attachments and W-2s)

*Please note: We can provide initial grants based on 2019 tax information; however, we must receive your 2020 forms no later than March 15, 2020. Oak Knoll reserves the right to adjust your grant based on any subsequent tax information received after the deadline.

FAQs: Financial Aid

A: No. An applicant’s family’s request for financial aid has no bearing on the admissions decision. Based on the number of applicants and the limits of the financial aid budget, “need aware” admissions decisions may be made during certain times of the admissions season.

A: Due to the numerous requests for financial aid, resources are limited and allocated to families that demonstrate the most need.

A: Each family’s financial picture is unique, and so are the grants that are awarded. What a family qualifies for depends on income, assets, and other factors that impact a family’s financial resources.

A: Returning families, who have not previously applied for financial assistance, must demonstrate a significant change in financial circumstances.

A: In situations of divorced, separated, or never married parents, both the father and mother must each file the appropriate paperwork. The custodial parent is required to contact the other parent to assure completion. Step-parents are also required to provide their financial information. The SSS application will be reviewed only upon submission from all parties. Confidentiality is strictly enforced.

A: Oak Knoll expects a family to use all available financial resources to contribute as much as they can to tuition. All parents are expected to be employed with the exception of a family with children under the age of five or caring for an elderly parent in their home. Oak Knoll will impute a salary for a non-working parent who does not qualify to be at home full time.

A: Each grant is awarded for one year and the student’s need is recalculated annually. Therefore, a family must complete the financial aid application and submit required documentation each year.

A: Yes. Oak Knoll expects families to apply for all financial funding available to them from other schools.

A: The financial aid process follows a finite calendar to ensure funding is awarded in time for a family to enroll. If an application, or required paperwork, is received after deadlines, there may not be funding available and the family may be placed in a financial aid wait pool. If a family choses to file a tax extension, this will affect the process as funding may not be available after the financial aid deadlines.

A: First, complete the SSS Financial Aid Application. Once you’ve completed that step a family needs to submit two years of the most recent past taxes and the current year’s return. In addition, a family must submit the latest W-2 form and any required schedules that may pertain to their tax return. Please click here for full instructions and important deadlines.