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Tuition and Financial Aid

We hope cost will not be a factor as you consider Commonwealth. Since our founding, through a strong commitment to financial aid, we have been dedicated to increasing access to a Commonwealth education and welcoming as many qualified students as possible.

$1.4M

financial aid granted in 2020-2021

$31,072

average financial aid grant

$49,493

tuition and fees for 2020-2021

Tuition Costs and Financial Aid for 2020-2021

Families with financial aid grants paid between $500 and $42,300 towards the cost of tuition and fees. Commonwealth extended more than $10,000 in additional technology grants to eligible families, which they could apply to purchasing a MacBook Pro laptop, printer, and software at a reduced cost. On average, participants paid $370 for this package. Commonwealth also offers discounted standardized testing, tutoring support, and public transportation, and extends additional grants for summer programs and school-sponsored international trips.

How to Apply for Financial Aid

Like many independent schools, Commonwealth employs School and Student Services for Financial Aid (SSS) to assess whether a family is eligible for financial aid and at what level. The SSS formula takes into account a family’s income, assets, and debts. To apply for financial aid, families should complete and submit a Parents’ Financial Statement (PFS) online at solutionsbysss.com and upload the requested documents by the appropriate deadlines. Please note that Commonwealth’s SSS school code is 2542.
The financial aid program exemplifies our student’s engagement with Commonwealth’s spirit of community, diversity, and generosity. The support we receive makes it possible for her to immerse herself in a breadth of opportunities and camaraderie that inform and grow those very values, which she’s sure to take with her beyond her years here." Parent, Class of 2023

Questions?

Our Admissions team is here to help and happy to guide you through the process!

 

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Financial Aid Timeline

Note: While our application deadlines for 2021-2022 academic year have passed, we may be in a position to consider additional applicants in April once we have a better sense of our enrollment.

October 2

Parents’ Financial Statement opens for 2020-2021.

February 1

Deadline to complete and submit the Parents’ Financial Statement (PFS).

Deadline to upload completed 2019 federal tax return with all schedules, W-2s, and 1099s to SSS.

February 15

Deadline to upload copies of all 2020 W-2s and 1099s to SSS.

Deadline to upload your completed 2020 tax return to SSS.

March 10

Commonwealth informs families of financial aid decisions along with admission decisions.

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