Tuition and Financial Aid
Tuition and Financial Aid

Tuition & Financial Aid

Investing In Your Child’s Future

Selecting independent education is an investment in your child’s future. For most families, this investment requires careful, deliberate financial planning.

We sincerely respect the financial commitment our families make when they enroll their children at St. Peter’s, and we pledge that the educational program St. Peter’s offers will be worthy of tuition. Our commitment to educational excellence combined with your investment will provide the foundation that shapes the successes your children experience, the individuals they become.

2020-21 Preschool-3's

Five full days Program 8 a.m. - 3:00 p.m. $10,010
Five half days Program 8 a.m. - 12:30 p.m. $8,430

Three full days Program 8 a.m. - 3:00 p.m. MWF $7,900
Three half days Program 8 a.m. - 12:30 p.m. MWF $6,160

Two-day Program 8 a.m. - 3:00 p.m. T/TH
Two-day Program 8 a.m. - 12:30 p.m. T/TH

For the 2 Day programs, please call the admissions office for availability and pricing.

2020-21 Junior Kindergarten

Five full days Program 8 a.m. - 3:00 p.m. $10,010
Five half days Program 8 a.m. - 12:30 p.m. $8,430

Three full days Program 8 a.m. - 3:00 p.m. MWF $7,900
Three half days Program 8 a.m. - 12:30 p.m. MWF $6,160

Extended care is available for an additional fee after 3:00 p.m.

Preschool tuition includes: technology; local field trips; consumables and classroom materials.

Preschool tuition does not include: morning childcare beginning at 7:00am, extended childcare; lunch plan; St. Peter's uniform.

2020-21 Kindergarten - 5th Grade

Grade School tuition is $12,870. Tuition includes: local field trips; Trailwise; technology; textbooks; classroom materials; consumable books and digital resources; art and music supplies; registration fees.

Grade School tuition does not include: extended childcare; lunch and snack program; St. Peter’s uniform; student school pictures; yearbook; out-of-town field trips; enrichment activities; or student supplies.

For more information about admission and tuition, please contact the St. Peter’s admission office at 423.870.1794 or click here

Preschool Daily Schedule

7:00 a.m. - 7:45 a.m. Morning care in the school library.
7:45 a.m. - 8:00 a.m. Students proceed to their classrooms.
8:00 a.m. - 3:00 p.m. Core programming period including lunch.
12:30 p.m. or 3:00 p.m. Preschool dismissal.
3:00 p.m. - 6:00 p.m. Afterschool programming and structured play continue until parent pick-up.

Grade School Daily Schedule

7:00 a.m. - 7:45 a.m. Morning care begins in the school library.
7:45 a.m. - 8:00 a.m. Students proceed directly to their classrooms.
8:00 a.m. - 3:00 p.m. Classroom instruction and enrichment programs.
3:00 p.m. - 6:00 p.m. Grade School dismissal and pick-up. Afterschool programming continues until parent pick-up.

St. Peter’s will offer extended care services until 6 p.m. for an additional charge. Families will receive a monthly invoice from the school’s Business Office for payment of these services.

Morning Care is a service provided for an additional fee of $2/day for regular users. It begins at 7:00 a.m.

Financial Aid

Philosophy and Objectives

A strong financial aid program ensures that the ability to pay tuition will not be a deciding factor during the admissions process. St. Peter’s encourages families, who feel they have financial need, to apply for financial aid.

The school bases all financial aid awards on need. St. Peter’s also supports the premise that all families have an obligation to financially participate in the educational expenses of their children. Therefore, financial aid awards will not exceed 50% of tuition.

St. Peter’s financial aid objective is two-fold:

  • To provide deserving students access to a high quality education which might otherwise be unobtainable and 
  • To enhance the educational experience for all students by bolstering diversity among the student body.

St. Peter’s appoints a financial aid committee, independent of the admissions process, through which financial aid decisions are determined.

Financial Aid Policy

Statement of Nondiscrimination
St. Peter’s Episcopal School values the educationally rich environment that intrinsically thrives when a student body is economically and culturally diverse. In keeping with this ideal, St. Peter’s offers financial aid to relax and reduce the burden of tuition for families who have a demonstrated need. Therefore, St. Peter’s Episcopal School adheres to practices of high standards and equitable consideration for all requests for financial aid. St. Peter’s Episcopal School manages the financial aid process as a program that is independent of the admission program and awards financial aid without regard to race, color, religion, nationality, ethnic origin, gender, or disability.

Families of students enrolling in kindergarten through 5th grade are eligible to request and receive financial aid. St. Peter’s does not offer financial aid to families of preschool students.

St. Peter’s Episcopal School adheres to practices of high standards and equitable consideration for all financial aid applicants and does not discriminate on the basis of race, color, nationality, ethnic origin, gender, or disability. However, the amount of financial aid the school can offer is limited; therefore, the school must carefully evaluate each application on its individual merit.

Renewal of Financial Aid Awards
Financial aid is an annual award. Parents wishing to continue to receive financial aid must submit a new financial aid application each year.

St. Peter’s budgets a specific amount for financial aid. The school makes financial aid awards on a first-come, first-served basis. The financial aid committee only reviews completed applications. The committee reviews completed applications in the order noted below.

  1. Applications submitted by current parents who have previously received financial aid. 
  2. Applications submitted by current parents who have not previously received financial aid. 
  3. Applications submitted by new parents who have submitted an admission application and paid the $60 admission fee.

Application Review
St. Peter’s partners with FACTS Grant and Aid to conduct objective, confidential reviews of all financial aid applications. By using a third party service such as FACTS Grant and Aid, St. Peter’s is able to assure families that the information submitted remains confidential and that every financial aid request receives neutral, fair consideration. Furthermore, the financial aid review process is an independent, autonomous program, operating separate from the admission process. Submitting a request for financial aid will not interfere with or influence admission decisions.

Based on the information submitted in the financial aid application, FACTS creates a financial analysis, which is forwarded to St. Peter’s. These individual reports are a point of reference for members of the financial aid committee. However, the committee will only consider offering financial aid to parents who have fully complied with the financial aid process and who have expressed a sincere commitment to enrolling their child at St. Peter’s Episcopal School.

Evaluating Need
The FACTS calculation process assesses the financial strength of each family by taking into account many factors. Major factors considered are:

  • The incomes, taxable and nontaxable, earned by both parents/guardians;
  • The assets (home equity, real estate, savings) and liabilities held by the family;
  • The family expenses;
  • The number of dependents;
  • The number of children enrolled in tuition-charging schools and/or daycare.

The FACTS standard calculation considers these factors and determines each family’s effective income, of which a portion is protected for necessities. The remaining income is defined as discretionary income.

The financial aid committee reviews and considers the assessment provided by FACTS. However, the result of the FACTS analysis does not indicate the amount of a financial aid award.

External Incomes and Resources
Parents/guardians must report any financial support that may be available beyond the their own income and assets.

Divided Families
In relation to divided families, the financial aid committee will consider the financial resources of both natural parents or both legal guardians. If the custodial parent/guardian has remarried, the resources of the step-parent/guardian will be considered during the decision determination process. However, the committee does not overlook the obligations the step-parent/guardian has to his or her natural children. All information will be held in confidence.

Non-Working Parents/Guardians
In relation to a parent/guardian who chooses not to work, the financial aid committee may recalculate need using an imputed, minimum income for the non-working parent/guardian. Note that this policy does not require the parent/guardian to work. It only attempts to adjust the level of need by accounting for the minimum income that the parent/guardian could earn if he or she chose to return to work. If a parent/guardian can document that he/she is disabled or otherwise unable to work (caring for an aged parent, for example), this policy would not apply.

All financial information submitted through the financial aid application process is strictly confidential and available only to FACTS and the members of the financial aid committee.

Applying for Financial Aid
St. Peter’s awards financial aid for one academic year; therefore, families must apply for a financial aid award every year. Financial aid is not a renewable award.

Parents of students enrolled in kindergarten through 5th grade are eligible to apply for financial aid. St Peter’s does not offer financial aid to families of preschool and junior kindergarten students.

The process has two steps, which families must complete by the published deadline date.

1. Current families Log onto their FACTS account.

    • Each family receives an administrative fee.
    • An instructional webinar is available to assist parents with completing the financial aid application process.

2. Upload the required tax documents as well as other relevant supporting documents.

    • Federal tax returns;
    • W-2 forms;
    • 1099 forms if applicable.

After parents complete their aid application and upload all required tax information, St. Peter’s receives notification from SSS that a financial aid application has been submitted.

St. Peter’s will not award financial aid to families who do not submit all required documents. The financial aid deadline is Jan. 20, 2020.

Applications Submitted after the Deadline
Because funding for financial aid is limited, providing financial assistance to families submitting late applications is difficult. Typically the financial aid committee allocates the majority of available funds during the initial awards process. Families should make every effort to complete and submit their financial aid requests prior to the published deadline date.

St. Peter’s Episcopal School
Financial Aid Policy
Revised: August 2019

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