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Tuition and Financial Aid clone

We are committed to making a Maret education accessible for as many talented and motivated students as possible, regardless of ability to pay.

[TABLES]

Tuition and Fees                                 Academic Year 2021-2022

Lower School K–4                               $36,780 (includes textbooks and hot lunch)

Middle School 5–8                              $39,890 (includes hot lunch)

Upper School 9–12                             $42,355 (includes hot lunch)

 

Miscellaneous Fees

Athletics                                              $0–$800 (Financial aid available.)

Intensive Study Week (ISW)               $0–$500 (Financial aid available.)

Textbooks                                           $0–$500

New Student Fee (One-time fee)       $1,500 (Rate adjusted for financial aid recipients.)

 Special Aid is available for most non-tuition expenses. More information.

 

Contact Us

[WELCOME VIDEO FROM BOBBY HOLT IN PROGRESS: NEED PLACEHOLDER]
Bobby Holt
Director of Financial Aid & Associate Director of Admission
bholt@maret.org

Important Due Dates

Families applying for admission to Maret must meet the deadlines below. Current Maret families applying for aid for the first time should contact Director of Financial Aid Bobby Holt at bholt@maret.org for additional guidance.

  • Families new to Maret must submit the application and all 2019 supplemental documents to TADS by Friday, January 29, 2021 and submit the 2020 versions of all supplemental documents to TADS by April 15, 2021.
  • Current Maret families must submit the application and all 2019 supplemental documents to TADS by Tuesday, January 5, 2021 and submit the 2020 versions of all supplemental documents to TADS by April 15, 2021.

 

[Infographics]

$28,501 or 73% of average tuition is the average grant amount

25% of the student body receives financial aid

45% of Families receiving financial aid have a gross household Income of <$150K

31 % of Families receiving financial aid have a gross household Income of $150K–$250K

24 % of Families receiving financial aid have a gross household Income of >$250K

 

How to apply for financial aid for the 2021-2022 school year.

Financial aid and scholarship funding decisions are made subsequent to—and separately from—admission decisions.

PLEASE NOTE: You must complete both the admission application AND the financial aid application.

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How to Start Your Financial Aid Application

TADS will begin accepting financial aid applications for the 2021-2022 school year on October 27, 2020. Go to www.tads.com.

To start your TADS financial aid application, TADS will ask you to create an account. You can use your account to return to an in-progress application, to check the status of your application, and to complete TADS applications in future years. If you already have an account, you can simply sign in. Please be sure to designate Maret as a recipient school of your TADS application.

Please download the TADS preparation worksheet so that you can collect all necessary financial information. TADS recommends that you complete this worksheet before starting the application so that you have all the information you will need.

Deadline to Submit Financial Aid Application

Submit your application to TADS by Friday, January 29, 2021.

Supplemental Documents

Gather the following supplemental documents—2019 signed, final 1040 federal tax return(s) with all schedules and W-2’s for all parent(s)/guardian(s). If any parent/guardian is self-employed, please also include a copy of the 2019 corporate tax return.

Submit Your 2019 Documents to TADS

Upload PDF copies of these documents into your TADS account at www.tads.com/upload. Please note that TADS does NOT accept documents by email. Alternatively, you can fax these documents to TADS at 612-548-3326, or mail them to TADS at the following address:

TADS
1201 Hawthorne Ave. N.
Suite 100
Minneapolis, MN 55403

These documents must be submitted to TADS by Friday, January 29, 2021. Please do not send documents to Maret.

Submit Your 2020 Documents to TADS

Submit the 2020 versions of all supplemental documents to TADS by April 15, 2020.

Please note: We cannot finalize any financial aid grant until all 2020 documents have been received and reviewed.

 

[VIDEO TO LEARN MORE ABOUT TADS: NEED PLACEHOLDER]

[BUTTON]  Start Your Financial Aid Application

 

Financial Aid Scenarios

The following scenarios are designed using Maret’s 2020-2021 tuition and serve as examples of the types of cases considered by the Financial Aid Committee. Each family’s financial picture is unique and a great deal of information is considered as part of Maret’s need-based financial aid awards. These scenarios do not represent the full scope of the information considered by the Committee, nor are the financial aid awards outlined below definitive for specific circumstances. Maret’s financial aid decisions support the mission of the School and are guided by NAIS’ Principles of Best Practice for Financial Aid Administration.

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SCENARIO 1

Family A is a two-parent household with two children in tuition-charging schools earns an annual pre-tax income of $175,000. They have a newly purchased home and a mortgage payment of $2,600 per month. Family A would most likely be expected to contribute between $8,000 to $12,000 in tuition per student depending on other information provided on the application and the availability of funds.

SCENARIO 2

Family B consists of two parents and two children in tuition-charging schools. Family B’s combined income is $85,000 pre-tax. They have less than $10,000 saved in a 401k. They rent a home for $1,500 per month. Family B would most likely be expected to contribute between $1,000 to $3,000 per student depending on other information provided on the application and the availability of funds.

SCENARIO 3

Family C consists of two parents and one child. Their combined income is $275,000 pre-tax. Family B owns a home valued at $900,000 and is responsible for a mortgage of $4,000 per month. They have savings in stocks and bonds of more than $300,000 and a few thousand dollars in student loan debt. This family would be expected to pay full tuition or possibly receive a small grant depending on other information provided on the application and the availability of funds.

 

Scholarships

Questions about the programs listed below? Contact Director of Financial Aid Bobby Holt at bholt@maret.org or 202-939-8814. 

THE MALONE SCHOLARSHIP

Funded by a $2 million endowment grant from the Malone Family Foundation, Malone Scholarships are granted to academically talented students (grades 7-11) whose families need at least 30% tuition assistance in order to afford Maret. The Malone Scholarship meets demonstrated financial need and includes funding that may be used for college visits, transportation, online courses, and other enrichment opportunities. 

Any top student entering grades 7-11 who applies for financial aid will automatically be considered for this private school scholarship. Malone Scholars have demonstrated very high levels of academic success and show promise to be among the top of their class at Maret. Students must be U.S. citizens to be considered for the Malone Scholarship.

Malone Scholars are not made public, but students are encouraged to share this honor when applying to colleges and universities.                      

DAVIES SCHOLARS 

High school is an exciting time. But for many students, it also presents academic and social challenges that can be difficult to navigate. The Davies Program provides four avenues of comprehensive support for students new to Maret’s Upper School.

Davies Scholars are selected from a pool of talented new students in grades 9 and 10 who demonstrate a desire to embrace Maret’s motto: To Learn is to Live. In order to promote a successful transition to Maret, Davies Scholars and their families receive a thorough orientation of all aspects of our upper school. Additionally, to ensure optimal class placement, each Davies Scholar is offered supplemental educational testing and receives priority access to the Davies Exposure and Enrichment Program (DEEP), the Davies Academic Support Program, and the Davies Advisor-Mentor Program.

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Davies Exposure and Enrichment Program (DEEP)

This multi-week summer program introduces incoming 9th grade students to the study skills and habits needed to excel in Maret’s challenging, college-preparatory program. Students work with Maret faculty in small group settings, reviewing concepts in humanities, mathematics, and science. They learn strategies in critical thinking, self-advocacy, and technology to prepare for the coming school year. Davies Scholars receive priority enrollment in DEEP at no charge. All newly enrolling 9th graders are invited and encouraged to attend.

Davies Academic Support Program

Maret’s class schedules include free time for students to work independently or to meet with teachers. Upper School faculty can assist students in managing free time effectively. The Davies Scholars advisor offers academic and organizational support and serves as a liaison between the student, parent/guardians, and the School. Some Maret students and their families secure outside tutors to help with remedial work or organizational strategies. The Davies Academic Support Program makes access to these outside resources available to Davies Scholars at no cost to the family.

Davies Advisor-Mentor Program

Under the Davies Advisor-Mentor Program, a Maret faculty member serves as an advisor and mentor to Davies Scholars and their families. In addition to meeting with their academic advisors, Davies Scholars attend regular meetings with their Davies mentor to evaluate the students’ success in adapting to Maret’s academic and social life. Current Davies Scholars have the opportunity to become peer mentors to future Davies Scholars who are entering the ninth grade.

Selection Process

Maret’s freshman class is comprised of a strong pool of applicants who come from a range of schools and who offer a variety of talents. During the admission process, the Admission Committee chooses 3- 5 accepted students as Davies Scholars. Priority is given to students who qualify for more than 30% financial aid, who come to Maret from public or parochial schools, and who represent diverse racial and ethnic backgrounds. Other factors include the student’s potential to enhance the Maret community and parent’s willingness to be active in assisting their child’s successful transition to our school.

Funding for the Program

The Davies Program is made possible by a generous endowment gift to Maret School by Jack Davies, a former trustee of the School and a parent of a Maret graduate. Mr. Davies is a founding investor and member of the board of Venture Philanthropy Partners, which helps build high-performing nonprofits serving low-income youth and families in the National Capital Region. Mr. Davies has been instrumental in working with Maret faculty to create the foundations of the Davies Program. 

JOSHUA T. BIBBS FUND

The Joshua T. Bibbs Fund, established by the Garcia Family Spotlight Foundation, seeks to ensure that Latinx and first-generation American students feel a sense of belonging at Maret and have the resources necessary to achieve success. It supports the Maret School Mission to build a community that is both equitable and inclusive and one that values the experiences and contributions of all our students and families.

The Bibbs Fund provides financial support towards non-tuition expenses for qualifying Latinx and/or first-generation American students. All students enrolled at Maret who identify as Latinx and/or first-generation Americans and who receive a financial aid grant of at least 85% of tuition are eligible for assistance from the Bibbs Fund.

 

Financial Aid at Maret

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