Tuition & Financial Aid
Tuition for 2015-2016
|Upper School||Grades 9, 10, 11 and 12||$33,400|
|Middle School||Grades 6, 7 and 8||$30,100|
|Lower School||Grade 4 and 5||$26,000|
|PreK through Grade 3||$23,800|
Penn Charter operates on the founding Quaker principles of equality and diversity. To help realize William Penn's vision of education for all, the school maintains a significant financial aid program. Financial aid for the 2014-2015 school year totaled more than $9 million. Currently, 38 percent of our students receive need-based financial aid.
At Penn Charter, “need” is defined as the difference between the family’s resources and the child’s tuition expenses. To evaluate need, Penn Charter uses formulas created by School and Student Services (SSS), which is part of the National Association of Independent Schools. Parents applying for financial aid must complete the Parents’ Financial Statement (PFS).
Admissions decisions are made separately from and prior to financial aid decisions. Any student who applies to Penn Charter may apply for financial assistance. Penn Charter imposes no income ceiling or minimum for families applying for financial aid. Because Penn Charter maintains a balanced allocation of financial aid, funds are most likely to be available to new students entering pre-kindergarten, kindergarten and grades 6, 7, and 9. At other grade levels, financial aid is either unavailable or very limited.
Current families may apply for financial aid regardless of their child's grade.
For consideration in the first round of financial aid decisions, families should complete their financial aid application by Jan. 9, 2015; if also applying for admission, applications should be completed by the Lower School deadline of Dec. 15 or the Middle/Upper School deadline of Jan. 9, 2015. Because funds are limited, it is crucial that families meet all financial aid deadlines. Learn more about the financial aid process.