Tuition and Financial Aid

A. To apply for financial aid, the following must be submitted to School and Student Services (SSS) no later than January 31st:

•Parents' Financial Statement (PFS). Complete the PFS online.
•Signed copy of your family's federal tax return (1040), including all supporting schedules and forms.
•Most recent W-2s and/or 1099s (if applicable)
•Non-US residents: submit official Income/Asset Verification Forms, such as foreign tax returns and/or wage statements.

The following must be submitted to SSS as soon as possible:

•Signed copy of your Federal Tax return, including all supporting schedules and forms.
•Non-US residents: submit official Income/Asset Verification Forms, such as foreign tax returns and/or wage statements.

Any award that is made prior to receiving your tax return or income verification forms is tentative. This documentation is required in order to make a final financial aid grant.

Please be sure to list Portsmouth Abbey as a recipient of the Report of Family Contribution (RFC). Our school code is 5860.

A. The boarding tuition for the 2022-2023 academic year is $69,570 and the day tuition is $43,500. Parents should plan on approximately $1,500 annually of additional costs for books, fees, and school-sponsored trips. There is also an additional fee of $875 for international students.

A. January 31st  for new and returning students.

A. Once School and Student Services (SSS) has received the Parents' Financial Statement (PFS), they will use a standard calculation to make an assessment called the Report of Family Contribution (RFC). The RFC is the estimated dollar amount that a family is seen to have available to contribute toward the education of their children in tuition charging schools. The financial aid committee uses the RFC as a starting point with which to determine a financial aid award.

A. The Financial Aid Committee will take into consideration tuition expenses for all children in schools that charge tuition (excluding graduate school). Portsmouth Abbey requires that families apply for aid at each of the institutions their children attend as we cannot subsidize tuition for other tuition-charging schools.

A. For divorced or separated families, a separate PFS must be submitted for each household. Financial aid is based on ability to pay, and both parents are therefore expected to contribute to their child's education and are asked to fill out financial aid forms. For special circumstances, contact Allie Skelley, Director of Financial Aid, at 401.643.1250.

A.  In this case, please submit your 2021 W2s and a signed copy of your 2021 tax return by January 31st. Submit your signed 2022 return as soon as it is completed. All financial aid awards are considered tentative until the receipt of the 2022 information.

A. Parents who return to school or change jobs as a personal choice must realize that a resulting decrease in their family income cannot be underwritten by financial aid from Portsmouth Abbey.

A. You must resubmit a PFS form and updated tax information each year. You can expect your child's level of financial aid to remain consistent each year as long as your family's financial circumstances do not significantly change.

A. In most cases, it would be prudent to assume that you will not get aid. Financial aid requests for students currently enrolled (but not receiving financial aid) are reviewed after determinations are made for new students and current students receiving aid. You may apply; however, it is unlikely that we will be able to meet your need.

A. Financial aid decisions are mailed out with admission decisions on March 10^th.

A. No, financial awards are based on families demonstrated need.