A private Episcopal school for primary through high school students in Houston, Texas

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Financial Aid FAQs

Who can apply for financial aid?

St. Francis Episcopal School families, who have students entering Kindergarten through Grade 10, may apply.

Does financial aid have to be repaid?

St. Francis Episcopal School offers financial assistance in the form of tuition grants based solely on a family’s demonstrated need. A tuition grant is money applied toward the tuition for the upcoming school year and does not need to be repaid.

How does the school determine financial need?

Financial need is defined as the difference between the cost to attend St. Francis Episcopal School and a family’s ability to pay. The ISM’s FAST program provides the school with a general assessment of a family’s ability to pay for education and a recommended award based on that assessment. In order for us to allocate our resources wisely and fairly, we have enlisted the help of FAST. It does not decide whether or how much financial assistance will be awarded; rather, it provides a need-based financial assistance analysis service. FAST gives St. Francis a confidential report that includes a recommendation of what a family should reasonably contribute toward tuition. Applications are reviewed by the Financial Assistance Committee, and the committee recommends allocation of financial assistance resources for the next school year to the Head of School. Upon approval by the Head of School, financial assistance offers are sent to families.

Will I qualify for financial aid?

Though it is not guaranteed, any family may apply for assistance. Major factors in determining financial need include, but are not limited to: income; assets (including home equity, college funds, investment accounts, and trust funds); family size; and the number of children attending tuition-charging institutions—excluding daycare, preschool, and graduate school. Ability to pay is based on combined salaries, business cash flow, and assets. There is no preset income figure that qualifies a family for assistance. As the school reviews applications, it differentiates between necessary expenses and lifestyle choices.

Do I have to apply for financial aid before I know whether my child has been admitted?

Yes, the financial assistance application deadline in February falls before applicants are notified in March regarding admission decisions.

‪Does applying for financial aid influence the admissions decision?

No, financial assistance files are reviewed and awards are made only after a student is admitted. However, financial assistance applications must be completed by a February deadline in order for an award to be considered. Applications for financial assistance completed after the deadline will be considered only if funds remain.

Is my financial aid information confidential?

Yes, all submitted financial assistance information is confidential. Only members of the financial assistance committee have access.

Do I have to re-apply every year?

Because a family’s financial situation may change from year to year, all current financial assistance recipients are required to re-apply each year. Awards may be adjusted if a family’s financial circumstances change significantly.

Are there any restrictions on financial aid students?

Each financial assistance recipient is expected to maintain the highest academic standards for himself or herself in a responsible and honorable manner and play an active role in the daily life of the school community. Students must abide by the rules, regulations, policies, and procedures as outlined in the School Handbook.

How will a situation involving divorce and/or stepparents affect financial aid?

St. Francis expects both the custodial and non-custodial parents to participate in the support of their child at St. Francis. Both custodial and non-custodial parents will be expected to provide their information on the financial assistance application.

What happens if I do not have all of the required documentation?

The application will be considered only after all the required documentation is submitted—assuming funds are still available to award.

If you have other questions after reading through this section we encourage you to reach out to our Admissions team, who is happy to help you find the answers you're seeking.