A F F O R D A B I L I T Y
Since 2008, Groton has waived tuition, room, and board for students from families with incomes below $75,000, and has provided significant financial aid to others who apply and qualify. This chart indicates who
is receiving financial aid at Groton. In many cases, our grants make Groton more affordable than schools with lower tuition.
Please keep in mind . . . •
While income is the primary factor used to assess a family contribution, we also consider assets, tuition expenses at other schools, family size, debts, and other financial matters.
•
Groton offers scholarships only to families with demonstrated need for assistance; it does not offer scholarships based on particular talents or other attributes.
•
Families must apply for aid during the admission process; if a family’s financial circumstances change significantly in later years, the school will make every effort to provide assistance.
•
Applications for financial aid are due January 31, 2017. Candidates must complete the School and Student Service Financial Aid Form (SSS), available online at www.sss.nais.org or www.groton.org/financial-aid. Groton School’s SSS code is 3598.
2016-2017 FAMILY CONTRIBUTION TOWARD TUITION AT GROTON SCHOOL 2016-17 FA RECIPIENTS
EFC STANDS FOR HOW MUCH A FAMILY IS PAYING FOR A CHILD TO ATTEND GROTON
2015 TOTAL INCOME IN U.S. DOLLARS
EFC = 0-5,000*
EFC = 5,001 to 10,000*
EFC = 10,001 EFC = 15,001 to 15,000* to 20,000*
EFC = 20,001 to 30,000*
EFC = 30,000+
TOTAL # WHO RECEIVE AID
Total income: 0-80,000
34
1
3
2
2
0
42
Total income: 80,001-120,000
16
2
1
0
0
0
19
Total income: 120,001-160,000
14
2
3
1
0
3
23
Total income: 160,001-200,000
5
6
7
2
1
0
21
Total income: 200,001-300,000
2
3
4
6
3
4
22
Total income: 300,001+
0
1
4
0
0
8
13
The purpose of this chart is to provide families with a rough idea of how much they may be expected to contribute toward a Groton education. Factors such as additional assets, tuition expenses for other children, and the size of a family are also considered, but income is the primary means of developing an expected family contribution. FA = Financial Aid
EFC = Expected Family Contribution (Figures are in U.S. Dollars)