Tuition assistance is available and can be applied for on a confidential basis. Applications for tuition assistance are available for download here: 

 

Tuition Assistance Application (PDF)

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Bowen offers tuition assistance to enable children of economically disadvantaged families to benefit from Bowen’s cooperative learning environment and to diversify the preschool.
 

To Qualify for Tuition Assistance:

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●     A student must be currently enrolled or applying for admission for the following year

●     There must be a demonstrated need for tuition assistance according to the financial documentation required for consideration

 

Criteria Used to Assess Need

●     Family income from all sources

●     Family expenses

●     Current debt burden and payments

●     Available non-retirement assets
 

Process

●     New and returning families may apply for tuition assistance when submitting their child’s enrollment application

●     Applications are available on the Bowen website, or upon request to the Director

●     The deadline to submit applications is May 1st, for the following school year

●     Applications will be reviewed by Bowen’s tuition assistance committee, composed of the Director, the President, the Assistant President, the Treasurer and the Assistant Treasurer

●     Each family must reapply for a new school year, regardless of whether the family’s income or financial status has changed

●     Preference is given to currently enrolled families

●     Applications received after May 1st will be considered if funds remain available

●     Families will be notified of tuition grant decisions in writing by May 15th

●     Bowen cannot guarantee any tuition assistance will be granted or renewed, regardless of a family’s income or financial situation

●     If an outstanding balance on current tuition payment exists, tuition assistance will be withheld until the account is settled

  

Calculation of Tuition Assistance

●     If a family's after-tax income is less than approximately $20,000 per person in the household, or the family's net assets (excluding equity in the primary residence) are less than their annual income, the family may qualify for tuition assistance

●     Total funds available are based on previous year’s fundraising

●     The maximum amount awarded to an individual family is determined by a formula based on income, assets, and cost of living allowance

●     If more than one family applies for tuition assistance, the amounts determined by the tuition assistance formula will be prorated for each family

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