Need-Based Financial Aid

$3 Million Financial Aid Breakdown by Adjusted Gross Income

This data is from the 2020-2021 Academic Year

Each segment represents the percentage of the overall need-based financial aid dollars awarded to recipients in that income category.

How to Apply for Financial Aid

Prep has partnered with FACTS Management for financial aid applications. Families looking to apply for financial aid should create an account and fill out an application through the FACTS portal. 

The application fee is $30.

Before submitting your application, please visit our Financial Aid Process section where you can find out important details regarding the financial aid application process.

If you have questions about filling out your financial aid application, please contact Mr. Rubin Goodwin at rgoodwin@fairfieldprep.org or at (203) 254-4200 ext. 3377

Fast Facts About Financial Aid

No prospective applicant should decline to apply to Fairfield Prep solely for financial reasons. Through the generosity of our alumni and other benefactors, Prep strives to make tuition affordable for many students whose families would otherwise not be able to afford a Prep education.
  • Fairfield Prep awarded more than $2.9 million in tuition-assistance for the 2019-2020 school year.
  • 42% of financial aid recipients have Adjusted Gross Household Income of $125,000 or more.
  • The average award is approximately 46% of tuition.
     
  • The maximum award available is 95% of tuition.
     
  • More than 1 out of every 3 students receives financial aid.

Financial Aid Process

NOTICE ON INCOME VERIFICATION: Due to recent changes in how the Internal Revenue Service processes income tax return transcript requests, Fairfield Prep no longer requires submission of IRS form 4506-T as part of the financial aid application process. However, Fairfield Prep does reserve the right to require submission of the IRS transcript request form at a later point, after financial aid award decisions have been made.

The purpose of this verification process is to ensure that the income tax return that is submitted to FACTS Management as part of a financial aid application is a bona fide copy of the original that was submitted to the Internal Revenue Service. In the event that the verification process shows a difference between what was submitted to the Internal Revenue Service and what was submitted to FACTS Management, Fairfield Prep reserves the right to revoke a financial aid award.

Divorced or Separated Parents

Divorced or separated parents applying for financial aid are required to send a copy of their court-approved divorce settlement (or separation agreement) to financialaid@fairfieldprep.org.

Click here to download a copy of our financial aid policy for divorced parents. (The same policy applies to separated parents.)