We understand and appreciate the financial commitment families undertake in deciding to send their children to The French American School of Tampa Bay. Although paying for education is first and foremost the responsibility of a family, we devote funds each year to a financial aid budget that helps assist families. In turn, our school community benefits by attracting gifted students who otherwise would not have been able to attend. To help us objectively assess what a family is able to contribute to its student(s) education expenses, we use FACTS Tuition Management Company as a trusted third party. Based on the financial information you provide, FACTS gives us an estimated amount your family can contribute to educational expenses. This helps us make fair and objective financial aid decisions.
The FACTS analysis of a family’s “Estimated Family Contribution (EFC)” is a critical component of our financial aid decision. However, it is just a start. To make our final financial aid award decisions, we use the FACTS figures as the baseline for our own additional review, taking into consideration our total financial aid budget, other information we may have collected, our school’s policies and priorities, and the needs of our entire applicant pool. Due to circumstances like these, and others, our school may not meet the level of demonstrated need shown on the FACTS Family Report you might receive.
A financial aid agreement with The French American School of Tampa Bay is confidential. We make every effort to accommodate families and we keep financial information in the strictest of confidence. In turn, we ask that families refrain from discussing details of agreements with other families. Doing so is a breach of confidentiality. It is impossible to compare one situation to another. Many elements are considered in determining a family’s ability to pay tuition and each family’s financial situation is unique. Failure to respect this confidentiality may result in the loss of financial aid in the future.
At present, three forms of tuition reduction or assistance are available at The French American School of Tampa Bay. To be eligible for consideration of any of the following financial aid opportunities described below, you must complete your application by January 31 for the following school year. We will communicate decisions about financial aid by March 31 for the upcoming academic year. Late applications are considered on a case-to-case basis.
FASTB has direct scholarship support, based upon financial need. Applications for scholarships are made directly on the FACTS website. Because tuition assistance relies upon the past year’s tax form and financial information, if a family’s financial situation changes for the better, sharing this information provides the school with the opportunity to offer tuition support to additional families in need.