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Tuition &
Fees | Explanation of
Fees
Student Aid
Student aid is monetary assistance provided by NIS to reduce
educational costs to families. Student aid is provided on the
basis of financial need, which is defined as the difference between
educational expenses and a family’s ability to pay those
expenses. Since eligibility is based on many factors and each
family has differing situations and financial circumstances, it is not
possible to determine a specific income level at which a family is
eligible or ineligible for aid.
NIS is committed to offering some degree of financial assistance to
families that demonstrate financial need in paying tuition. First
and foremost, consideration is given to students who have no
educational alternatives in Nagoya. Ordinarily, this limits
eligibility to students who are not subsidized by their parents’
employers or by other parties.
Each year, the school allocates nearly 5% of the school’s operating
budget for student aid, which provides financial support to roughly
20-25 families who could not otherwise attend NIS. Some families
require assistance beyond what the program can offer, and unfortunately
NIS is not able to meet all of the needs of all applicants.
Allocation of Funds
Applying for student aid does not guarantee that you will be eligible
to receive it. Conversely, simply being eligible does not
guarantee that there will be student aid available. The amount of
aid offered by the school depends on each family’s financial
circumstances, the funds available, and the school’s policies.
Since a majority of the school’s funds are awarded prior to summer
holiday and allocated at the start of the school year, the application
timing is also another factor.
Funds for student aid come from two sources: the annual
operating budget and donations. At NIS, tuition and fees finance
roughly 94% of the budget, with the remaining 6% funded through grants
and contributions from individuals and corporations to the school’s
annual fundraising campaign, the “Annual Giving Fund.” Any
increase in the amount of student aid can only be supported either by
increasing fees paid by all parents, or through enhanced fundraising
efforts.
Determination of grant assistance is based on a computational model
that is similar to ones used in other school financial aid programs and
on the professional judgment of the Student Aid Committee regarding
special circumstances of applicant families. The typical award
amount covers 10-20% of tuition. Note on “Sibling
Discounts”: While “Sibling Discounts” are not offered by NIS, the
number of children attending from the same family will affect the
overall computation in much the same way as a traditional “sibling
discount” would.
Important Considerations
1. Know the deadlines
Student aid applications for all NIS families are due by June 1 of
each year. Only if a family applies for admission to the school
after this date, or if a family suffers unexpected reversals in their
finances that affect their ability to make outstanding tuition payments
during the course of the school year, will exceptions be made to this
deadline. However, since a majority of the funds are earmarked
for distribution prior to the start of the school year, new applicants
are strongly encouraged to apply well in advance of June 1.
Applicants submitting documents after the deadline will only be
eligible for any remaining funds.
2. Consider ALL the costs
Knowing the true cost of a full year of education will help you plan
your finances. Additional costs include one-time building and
annual capital fees, and other annual expenses such as transportation,
lunch, additional English language support, sports, and travel fees for
retreats, field-trips and other club activities or trips. Please
note that the Student Aid Program covers ONLY the cost of
tuition. All students at NIS must pay all annual and one-time
fees in full at the time of admission.
3. Remember that aid is awarded annually
Families receiving student aid must reapply each year in order to be
eligible for continuing student aid. NIS will make every effort
to continue to provide financial assistance at comparable levels when
need warrants.
Criteria for Aid
- Student aid is based on a full year’s enrollment and tuition.
Should your child(ren) withdraw during the school year, the financial
aid amount will be prorated.
- Students receiving aid are expected to observe accepted standards
of social behavior and to progress satisfactorily in their academic
programs. Students receiving aid who are on disciplinary or
academic probation will receive future financial assistance grants on a
semester basis until their probation status is remedied.
Future grants may be withheld if their probation persists.
- Families receiving aid are expected to perform some voluntary
services for the school on a regular basis. The aid
application allows parents the opportunity to list service areas where
they feel most qualified to volunteer.
- Families receiving aid are expected to support the school’s
fundraising efforts. All parents are asked to contribute to
the Annual Giving Fund, and as direct beneficiaries of this program,
applicants are expected to understand the spirit of such a fundraising
program, and to support the fund as much as possible.
Administration of the Program
- The school’s policies on student aid are determined by the Board of
Directors and are administered by a Student Aid Committee made up of
school administration and other members appointed by the board.
- Processing student aid applications and managing the program’s
records and communications are responsibilities of the school
administration, specifically the office of the headmaster. After
enrollment, all inquiries and questions regarding the Student Aid
program should be directed to the headmaster’s office, NOT the
Development Office.
The Application Process (for NEW
students)
1. Contact the Development Office
- Application forms for student
aid are available upon request
- All matters concerning student
aid (inquiries, applications, and decisions) will be handled
confidentially
2. Apply Simultaneously for Admission AND Student Aid
- Students must be viable
candidates for admission before beginning the student aid process.
- Submit all student aid
documentation to the Development Office, together with all admissions
materials in a separate envelope.
3. Submit ALL documents ON TIME
- Applications will NOT be
considered until all required documentation has been
submitted.
- Identify ALL income sources
anticipated for the school year, including support from family, friends,
and relatives.
- Provide accurate figures from
the MOST RECENT taxation period.
* Provide a
certified “Income and Tax Statement/Certificate” issued by your local government or tax
authority.
* If a
certified “Income and Tax Statement/Certificate” is not
available, obtain one from
your employer.
* If your tax
is withheld in Japan, your statement should represent the year ending the previous December
31.
4. Schedule Interviews for Admissions AND Student Aid
- Efforts will be made to schedule
both interviews on the same day.
- Admissions interviews are
conducted with the principals; student aid interviews are with the headmaster and the
business manager.
5. Await Notification
- Notification regarding student
aid will be sent to applicants as soon as possible. Any appeal of a decision
should be immediate and should follow these steps:
* Clarify and
confirm the decision by contacting the business manager.
* If the
concern is not resolved, submit a written request to the headmaster for reconsideration of the
application.
Related Links: Request for
Admissions Information Packet
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