Financial Aid

The Board of Trustees has adopted the policy of funding most of the school’s annual operating expenses with tuition dollars. This decision means that tuition controls, in large part, the quality of the education Montessori Academy is able to offer.

The primary financial responsibility for a child’s education rests with the parents to the full extent that they are able. While recognizing that some sacrifice is appropriate for something as crucial as children’s education, the Board acknowledges that financial assistance will be necessary to enroll and maintain a diverse student body. The financial aid is based on need and bridges the gap between the cost of tuition and what a family can afford. Financial Aid is granted annually and must be applied for each year.

The school expects financial support from a child’s biological parents as well as from the adults a child lives with (stepparents and partners). Tuition assistance applications will be processed only when complete information is received from all those parties, regardless of marital status. Please be aware that we also believe that unmarried, divorced, or separated parents have an ethical obligation to contribute to their children’s educational expenses whether or not they have a legal obligation to do so. Although a divorced parent may have a court-ordered agreement that s/he is not responsible for paying school tuition, Montessori Academy still requires financial information from that parent.

In order for us to allocate our resources wisely and fairly, we have enlisted the help of TADS which provides the school with a report including a recommendation of what a particular family should reasonably contribute towards tuition. Please note: All information from TADS is kept confidential (see School and Parent Confidentiality statements below) and we strongly urge you to only discuss your financial aid application and/or matters concerning financial aid with the MANJ bookkeeper or with the School Head, Ellen Fox.

Limited financial aid is available to currently enrolled applicants who meet the following criteria:

  • Completed at least one full year of attendance and are enrolled in the Primary Level Full Day Program, Elementary Program, or Middle School Program.
  • Established financial need (income, size of family, catastrophic circumstances).
  • Parental involvement, demonstrated commitment to Montessori Academy and to Montessori ideals e.g., attendance at Parents’ meetings and support of fundraising events, participation in volunteer projects, lending a hand with any special skills you may posess (gardening, construction, etc.).
  • Students who show a cooperative spirit, are supportive of their fellow students and who generally contribute to the atmosphere, concepts and ideals of a Montessori education.

Amount of Aid

The amount of financial aid awarded to an individual applicant may be up to but shall not exceed 50% of the applicant’s tuition. Financial aid covers tuition only and will not be applied to the Parents Association Activity Fee.  In addition, financial aid does not cover any outstanding balance or any applicable fees i.e. late charges, monthly processing fees, extended care, other program fees, activity fees and summer program charges.

As you plan for the long term, remember that tuition will increase each year. There are also increases in tuition when a student enters a new developmental level. Even if the percentage of tuition assistance you are awarded remains the same, the amount of tuition you pay is very likely to be somewhat higher each year.

Procedure of Application

Completed applications must be submitted prior to March 31.

Please note that all financial information will be entered online and directly through the TADS secure server.

To begin, download the TADS Financial Aid Application Worksheet by clicking on the report name.  This form is for your use only and is not shared with TADS or with MANJ.  Completing the worksheet before you begin the application process online will make the application process much quicker and easier.

When you are ready to apply online, go to www.tads.com and choose “Family Login” from the menu at the top of the page.  In the Financial Aid Assessment section (the blue box on the left of the screen), click “Click Here to Apply.”  Follow the instructions to login to your existing TADS account or to create a new account if you have not already created one.

On the next screen–the Financial Aid page–click on “Click here to access your financial aid application.” Select School’s State “New Jersey.” Select Your School “Montessori Academy Delran.” Select City “Delran,” then click “Continue Application.” Enter the information requested using the application worksheet you have previously downloaded and completed.

A fee of $35.00, payable to TADS directly, is required to process the application.

Additionally, the following items are required to complete the application and are to be mailed directly to:
Tads Financial Aid

1201 Hawthorne Ave. N.
Suite 100
Minneapolis, MN 55403
800-477-8237
www.mytads.com

  • 2016 State & Federal 1040 or 1040A Tax Return from all adults who are responsible for the child’s welfare.
  • W-2 Wage and Tax Statements from both parents
  • The last two most recent pay statements from both parents
  • Documentation of claimed expenses
  • Copy of 1098 Report from your Mortgage Holder

Failure to submit ANY of the above items will delay the application process.

Applications WILL NOT be finalized until all of the above items have been received.

School Confidentiality

MANJ will treat as confidential all financial information provided by families. Access to your records is restricted to Mrs. Fox and to those individuals at TADS who are directly involved in the financial aid decision-making process. At MANJ, only the school’s bookkeeper and Mrs. Fox will be aware of financial aid applications and award amounts. The identity of all students on financial aid will be held in confidence.  Do not discuss your financial aid application or any matters regarding financial aid with any other MANJ staff member.

Parent Confidentiality

We apply consistent standards and policies across all applicants. However, each family’s circumstances are unique and award amounts are based on individualized analyses. Therefore, we ask that parents not share with others the particulars of awards received. When families share details of financial aid awards, false assumptions and expectations are often created. Willful breaches of this confidentiality agreement may require a review and potential repeal of financial aid awards.