Q: Is tuition assistance available to students in the preschool program?
A: Marin Horizon does not provide tuition assistance to students enrolled in the Toddler Cottage, with the exception of students of current Marin Horizon faculty and staff. However, students enrolled in the Primary program and beyond may receive tuition assistance.
Q: How is the Required Family Contribution (RFC) calculated?
A: The RFC is determined through a methodology developed by SSS, which takes into consideration gross taxable and non-taxable income, assets, liabilities, family size and the number of students in tuition-charging schools or colleges. After allowances for basic necessities and taxes, and a cost of living adjustment for the Bay Area, a portion of the remaining funds are considered available for education on a sliding scale.
INCOME: Refers to pre-tax income from wages, businesses, and investments. The SSS formula considers certain costs against this income in calculating the RFC, but they are not exactly the same factors that the IRS uses to calculate taxable income.
ASSETS: If a family has major assets, savings, and/or investments, the formula used by SSS computes an income supplement. Student assets such as savings or trust accounts are also considered. The treatment of home equity is not matched to actual market value in the Bay Area, but calculates a value based on the price paid for the home and the years it has been owned. The income generated by assets also takes parent age into account with respect to consideration of retirement savings.
COST OF LIVING: The high cost of living in the Bay Area is factored into the calculation of the RFC.
UNUSUAL EXPENSES: The formula used by SSS makes allowances for expenses such as care for an aging grandparent, parent educational loan payments and a number of other expenses listed in the PFS instructions.
OTHER INDEPENDENT SCHOOL OR COLLEGE TUITIONS: A family’s ability to pay is divided by the number of family members in tuition-charging schools.
DIVORCED, SEPARATED, OR NON-MARRIED PARENTS: All parents, including step-parents, are required to complete the PFS and submit tax returns to the Admissions Office. Each situation is unique, however, and exceptions are handled on an individual basis.
Q: If only one parent is working, will the student be considered for tuition assistance?
A: In the event that only one parent works, the Tuition Assistance Committee will impute an income to the nonworking parent. Exceptions to this policy include parents caring for a pre-school-aged child, a child with a disability, a seriously ill child, parent or grandparent, or other special circumstances. Please disclose this information to the Tuition Assistance Committee in writing when applying for tuition assistance.
Q: What if I cannot afford the application fee for the PFS?
A: SSS will automatically apply a fee waiver to eligible families based on the information in the PFS.
Q: Does applying for tuition assistance affect chances for admission?
A: The Admissions Committee makes decisions on a needblind basis. Students who are deemed strong candidates for our program will be offered admission, space allowing, regardless of their financial need. Some years, however, the collective need of students qualifying for tuition assistance exceeds available resources, and we cannot offer tuition assistance. In those instances, admitted students will be placed on a Tuition Assistance waiting list.
Q: What if I cannot afford the $1,000 annual capital deposit?
A: Capital deposits are waived for those families who receive a tuition assistance award.