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Tuition & Financial Aid

Tuition & Financial Aid
Financial Aid FAQ
Financial Aid
LREI seeks to enroll strong, inquisitive learners, regardless of their ability to pay full tuition. Our Financial Aid program supports LREI's mission to build community and to foster a learning environment that includes a diversity of cultures, viewpoints and experiences. Its key purpose is to help families to bridge the economic gap between what they can afford and the cost of tuition. LREI does not discriminate on the basis of race, color, religion, national and ethnic origin, sexual orientation, disability, or other legally protected class in the administration of its financial aid program.
 
We strongly encourage all interested families to apply. Families from a wide range of income levels have qualified for financial aid. Financial aid is available to students at all grade levels, and decisions are made independently of admissions decisions. Awards are granted to students on the basis of need and availability of funds. Notification of awards is provided at the time of acceptance. Awards are granted for one year at a time, and must be applied for annually.
 
Families interested in applying for financial aid should check the appropriate box on the admissions application. An applicant's need for financial aid does not affect admission eligibility. The information you provide is kept confidential and is only shared with the financial aid committee. Families must also complete the Parents' Financial Statement (PFS) form on the School and Student Services for Financial Aid (SSS) website and submit federal tax returns with all schedules for two recent tax years. A SSS Business/Farm Statement is also required for business owners and self–employed individuals.
 
The deadline for submission of all materials to LREI is Thursday, December 15, 2011. Due to the high volume of requests, it is critical that families submit all requested materials in a timely manner. Award letters are mailed with acceptance letters according to the Independent School Admissions Association of Greater New York (ISAAGNY) notification guidelines.
 
If you have questions, please contact Michele Blackwell, Director of Financial Aid at 212-477-5316 ext. 307.


Tuition
Tuition is payable in three installments after the initial enrollment deposit: April 1, July 1, and November 1. A 10-month payment plan is available through Smart Tuition for families awarded financial aid. Tuition-refund insurance is recommended for all enrolled families.
Tuition for the 2011-2012 academic year:
 Grade
 Tuition Amount
 Fours – Kindergarten
 $32,690
 First – Fourth Grades
 $33,443
 Fifth – Eighth Grades
 $34,067
 Ninth –Twelfth Grades
 $34,493
Download Financial Aid Instructions
Key Financial Aid Information
  • All financial information submitted is kept confidential.
  • Financial Aid decisions are made independently of Admissions decisions.
  • Decisions regarding aid awards are based solely on financial need.
  • Parent and student assets are considered in determining financial aid.
  • The cost for Afterschool is offered at a discounted rate to families receiving financial aid.
  • For new applicants to LREI, aid cannot be considered unless all financial obligations from previous schools have been paid in full.
Application fee reductions are available for applicants from the following programs: A Better Chance (ABC), Breakthrough New York, Early Steps, Oliver Scholars Program, Prep for Prep, TEAK Fellowship, De La Salle Academy, George Jackson Academy, and Boys' Club of New York. You will be asked to validate your affiliation with the specific program during the Admissions process.