Financial Aid Application Process
The financial aid application process is separate from the application for admission, and does not influence the decision to admit a child to the Day School. FACTS Grant & Aid Assessment, a neutral third-party organization, assists the Day School's financial aid award process by providing recommendations regarding a family's need. FACTS analyzes families' complete applications and establishes a base that enables the Day School to measure each family's need equitably.
To be considered for financial aid, families will need to complete the following steps; please read all information thoroughly. The Day School can only consider complete applications received by the deadline. Families whose applications are incomplete or come in after the deadline risk exclusion from consideration. In the case of divorced or separated parents, both parents and their current spouses, if applicable, must submit ALL required forms. The family's ability to contribute is based upon all parents' incomes and assets. All information is held in the strictest confidence.
- Contact the Office of Admissions and Financial Aid
If you are a prospective family, indicate your interest by answering the online question on your Application for Admission, or by returning the optional form with your paper application. If you would like more information, either e-mail financialaid [at] bzaeds [dot] org, or call 773.572.1236. This information is not released to the Admissions Committee.
- By February 1, 2010: Submit the FACTS Grant & Aid Application to FACTS
Prospective and currently enrolled families can submit their application for financial aid online (preferred method) at factstuitionaid.com, or you may complete the paper application. If you prefer to submit a paper application, please contact the Day School's Office of Admissions and Financial Aid to request that one be sent to you. You will need to include a $25 fee, payable directly to FACTS Grant & Aid Assessment along with your financial aid application.
If you have any questions about your FACTS application or its status, please call a FACTS Customer Care Representative at 1.866.315.9262.
- By February 1, 2010: Initial Documentation to the Day School Office of Admissions and Financial Aid Due
The following forms must be submitted to the Day School no later than February 1, 2010:
* A copy of your FACTS Grant & Aid application;
* A signed, but not dated, IRS form 4506. Please do not submit any payment to the IRS. If we elect to request a copy of your official tax return, the Day School will pay the fee for submitting the form;
* A complete copy of your 2008 Federal Income Tax Returns (1040) and W2/1099 forms. All schedules must be submitted.
* A detailed personal statement that provides narrative information about your family's current financial situation. If last year's financial information does not provide an accurate representation, we recommend that you provide a current monthly budget worksheet. Please send this information to the Day School's Office of Admissions and Financial Aid via e-mail.
- By March 1, 2010: Final Deadline to Submit 2009 Federal Income Tax Returns
* Submit complete copies of your 2009 Federal Income Tax Returns (1040), including all schedules, W-2s and 1099s to BOTH the Day School and FACTS;
* If you are filing your tax returns late, you are required to submit IRS Form 4868 (Application for Automatic Extension of Time To File U.S. Individual Income Tax Return) or IRS Form 7004 (Application for Automatic Extension of Time to File Business Income Tax) and send a copy to the Day School by March 1, 2010;
* If you have filed for an extension, you are required to submit a complete draft tax return and send directly to the Day School. The draft return must clearly state "draft" on the first page and include all schedules. For example, if applicable, draft K1s, 1065s, 1120Ss, must be included.
The paper application and $25 fee (or submit online), and copies of your 2008 and 2009 Tax Returns are sent directly to FACTS at:
FACTS Grant & Aid Assessment
P.O. Box 5688
Lincoln, NE 68505
A copy of your FACTS application, a signed but not dated IRS Form 4506, and complete copies of your 2008 and 2009 Tax Returns are sent directly to the Day School:
Pamela Popeil, Director of Admissions and Financial Aid
Bernard Zell Anshe Emet Day School
3751 N. Broadway St.
Chicago, IL 60613
If you have any questions about financial aid at the Day School, contact Pamela Popeil, Director of Admissions and Financial Aid, at 773.572.1236, or email financialaid [at] bzaeds [dot] org.
Please remember that both FACTS and the Day School must receive your Application for Financial Aid no later than
February 1, 2010.
No official award can be made until all tax documents have been provided, and until FACTS verifies your Federal Income Tax Returns.
| PLEASE NOTE:
The application processes for admissions and financial aid are separate, and thus have different deadlines. The Admissions Committee considers each applicant without knowing whether or not the applicant’s family is applying for financial aid.
APPLICATION FOR FINANCIAL AID MUST BE COMPLETED BY FEBRUARY 1, 2010
BE SURE TO MAIL A COPY OF ALL APPLICATION DOCUMENTS DIRECTLY TO THE DAY SCHOOL. Once aid is awarded, every enrolled family must reapply each year for financial aid, adhering to all deadlines and requirements. |
Financial Aid is an intregal part of the Bernard Zell Anshe Emet Day School's mission and vision, which states that the school is committed "to accommodating families of all economic backgrounds." The Day School's need-based financial aid program, available from junior kindergarten through eighth grade, enables the school to enroll students who might not otherwise have access to an independent and Jewish education. Any parents who feel they need financial aid assistance to afford a Day School education are encouraged to apply.
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