The goal of the Academy's Financial Aid Program is to provide assistance to students who, due to financial reasons, would not otherwise be able to attend summer school. Accordingly, awards are granted solely on the basis of demonstrated financial need, and without regard to race, color, religion, national origin, gender, age or grade.
The Academy does not provide financial aid based on academic merit. Nor does the Academy expect a different standard of behavior or academic performance from financial aid recipients. The admissions and financial aid processes are independent of one another; admissions decisions are made without regard to financial aid.
The confidential nature of the required documentation is understood, and the Academy assures that all financial information provided by a family will be safeguarded.
The deposit fee is due June 1. Balance of the tuition is due July 1.
A financial aid grant is different from a scholarship. Financial aid is based on the financial need of a family. A scholarship is a financial award based on excellence in one or more areas. The Academy does not offer scholarship, but instead offers financial aid grants to families who qualify through the school's financial aid process.
WHO SHOULD REQUEST FINANCIAL AID?
Families who cannot afford the full cost of an Academy education should request financial aid. While we seek families who make education a priority in budgeting their financial resources, we recognize that different circumstances create different financial needs. Therefore there is no single factor, such as family income, which determines who should apply for financial aid or who is eligible for aid.
DOES APPLYING FOR FINANCIAL AID INFLUENCE THE ADMISSION DECISION?
No. Admissions decisions are made independently of financial aid considerations. Once accepted for admission, students requesting financial aid are referred to the Financial Aid Committee. Financial aid is based upon demonstrated need and the availability of funds.
IS THE FINANCIAL AID AUTOMATICALLY RENEWED EACH YEAR?
No. Families receiving financial aid must reapply each year. If the family demonstrates a continued need for aid and funds are available, the school will continue to provide assistance. If the need has changed, assistance may be raised or lowered accordingly.
WHAT ABOUT SEPARATED OR DIVORCED PARENTS?
If parents are separated or divorced, all required forms and materials must be submitted by each parent. The Academy considers the assets of both natural parents before making an award, and cannot be bound by the assertion that one parent has disclaimed responsibility for educational expenses. If the custodial parent has remarried, we will consider the assets of the stepparent; however, we also bear in mind the stepparent's obligation to his or her natural children. Each is unique, and applicants are welcome to contact the Business Office if further clarification is needed.
Please follow the steps below:
1) Click the link below, or copy and paste into a new browser window:
2) Print Form 4506-T
3) Complete the form and sign it.
4) Mail the completed form to: PAM TIANGCO Accounting and Financial Aid Manager Oakwood School – ACE Program 11600 Magnolia Boulevard North Hollywood, CA 91601
Scan the completed form and email it to: email@example.com