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Tuition & Financial Aid

Tuition & Financial Aid

Investing in Your Child’s Future

 
For most families, investing in a private school education requires careful financial planning and a serious commitment on the part of both the family and the school. We are committed to making the VES experience available to as many families as possible and look forward to working with you. 

Because each family is unique, we are here to help you determine the best plan for this important investment.
 
To begin the process of providing a rewarding experience at VES for your son or daughter, we invite you to start by discussing the options available with your admission counselor. You may find that you qualify for a financial award, which you also can supplement with loans or a combination of payment plans. 

VES subscribes to the principles of School and Student Services (SSS) for Financial Aid. In order to be considered for need-based financial aid, parents must complete the Parents' Financial Statement (PFS) by January 15, 2018, and submit your 2016 and 2017 tax information by February 1, 2018. We will communicate decisions regarding financial assistance on March 10, 2018. For detailed information, please download our Financial Aid Brochure (Uploaded doc, link) or contact our Financial Aid Office at 434.385.3622.

List of 5 items.

  • Tuition 2018-19 / Affording VES

    Tuition for the 2018-19 academic year is:
    • Seven-Day Boarding / Domestic Student: $51,160
    • International Boarding Student: $51,160 (plus $7,150 required international fee)
    • Five-Day Boarding Student $38,100 (limited space available; to be considered, students must reside within a 50-mile radius of the school)
    • Day Student: $23,650
    In addition, all families are required to make a deposit to cover bookstore expenses. That amount is:

    • $500 day students
    • $750 boarding students
  • Our Simple Process

      1. Indicate that you intend to apply for financial aid
        • To be considered for financial aid, it is important that you indicate your intention to apply for financial aid on the application or contact Justine Button at jbutton@ves.org.

      1. Complete the Parents' Financial Statement (PFS) by January 15
        • In order to determine if a family is eligible for need-based financial aid, VES requires all families new and returning to complete a PFS through SSS at sss.nais.org. Please use our school code 7972.

    1. Mail or upload additional documents to SSS by February 1
      • All new applicants for financial aid must submit to SSS their current year’s and their previous year’s federal income tax returns, including W2s and 1040s with all schedules and attachments. Returning applicants for financial aid need to submit their current year’s taxes.
  • Key Dates

    • Parent Financial Statement due January 15th sss.nais.org
    • Additional Documents due February 1st
    • Upload at sss.nais.org or mail to SSS by NAIS, P.O. Box 449, Randolph, MA 02368-0449.
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  • Loan Information

    For some families, loan programs help make tuition payments more affordable by providing the funds upfront and spreading the payments over an extended period of time. The companies listed below are NAIS (National Association of Independent School) corporate subscribers providing K-12 tuition loan services. If you are interested in any of these providers, please contact them directly and visit their website for current fees, rates, and other details or contact Justine Button at 434-385-3622 for additional questions.
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  • Tapping Your 529 Plan

    Tax Reform Brings Beneficial Changes for Families with 529 Plans

    The federal tax reform legislation includes a provision that allows families who send their children to tuition-based schools, whether they are independent, religious, or public, to use up to $10,000 per student, per year from 529 plan funds.
     
    Because the plans themselves are based in each state and each plan has its own policies and procedures, parents should reach out to the plans within their states to determine how the individual plan will manage this change incorporating independent school tuition. It also is always prudent to consult with your financial planner.

Did you know?

  • VES awarded more than $2 million in financial assistance in 2017-18.
  • 40% of students receive need-based financial aid.
  • The average award given to qualified boarding students is $28,000.
A College Preparatory, Independent Boarding and Day School for Students in Grades 9-12
400 VES Road, Lynchburg, VA 24503 • 434.385.3600